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$20 Billion Paper Powerhouse to Be Formed by Merger
Smurfit Kappa and WestRock said they reached a tie-up agreement. Tony Smurfit will be CEO of the combined company. Source link
A Mall Owner’s About-Face: Bet on America’s High-End Malls
Updated Sept. 12, 2023 12:16 am ET Listen to article (2 minutes) The European owner of Westfield malls is pulling back from its aggressive plan
Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Acquisition
The world’s richest man has more than once drummed up cash from his empire of companies without having to permanently part with shares. Source link
Apple Tests Limits for Most Expensive iPhones
The tech company is expected to raise prices by $100 on some premium models next week. Source link
Saudi Arabia's Aramco Considers Selling $50 Billion in Shares
The offering, likely on the Riyadh exchange, would be the largest in the history of capital markets. Similar previous plans have fallen through. Source link
Amgen's Deal for Horizon Therapeutics Clears Key Hurdle
The Federal Trade Commission said it had agreed to end its legal challenge of the $27.8 billion deal. The pact also dismisses the antitrust claims
FTC Pauses Challenge to Amgen's $27.8 Billion Deal for Horizon Therapeutics
The move gives the agency time to weigh a settlement that would allow the deal to close with conditions. Source link
Heineken Sells Russia Business…for $1
The deal with Russia’s Arnest Group comes after Moscow seized the local assets of Danish beer rival Carlsberg. Source link
UPS, Teamsters Await Vote on New Labor Pact
If the deal between UPS and Teamsters leaders is rejected, the sides are likely to go back to the bargaining table , though it also
J&J's $40 Billion Split-Off Sets Stage for Pharma, Medical Tech Expansion
The healthcare giant’s separation of its consumer-health business arms it with billions in cash for allocating capital in the remaining businesses. Source link