Ownership changes

November 25, 2019 - 5:25 am
THE HAGUE, Netherlands (AP) — Dutch energy company Eneco says it has agreed to a proposed 4.1 billion-euro ($4.5 billion) takeover by Japanese corporations Mitsubishi and Chubu. Eneco said in a statement Monday that Mitsubishi will fund 80% of the deal and Chubu the remaining 20%. The company,...
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In this picture taken Friday, Aug. 17, 2012, Italy's largest steel plant is seen in Taranto, Italy. Italian Premier Giuseppe Conte says steelmaker ArcelorMittal has agreed to try for a negotiated solution over the fate of a southern Italian steel plant. Conte and his economy and economic development ministers held four-hour talks ending Friday before midnight with ArcelorMittal’s top executives. Union leaders on Saturday insisted that any deal must exclude layoffs. (AP Photo/Paola Barisani)
November 23, 2019 - 9:43 am
ROME (AP) — Italy’s leader said that steelmaker ArcelorMittal has agreed to try for a negotiated solution over the fate of a southern plant that is one of Europe’s largest steel producers, while union leaders on Saturday clamored for authorities to protect the thousands of jobs at stake. Premier...
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Jeremy Corbyn, Leader of Britain's opposition Labour Party gestures on stage at the launch of Labour's General Election manifesto, at Birmingham City University, England, Thursday, Nov. 21, 2019. Britain goes to the polls on Dec. 12. (AP Photo/Kirsty Wigglesworth)
November 21, 2019 - 8:59 am
LONDON (AP) — Britain’s main opposition Labour Party promised Thursday to radically expand public spending and state ownership if it wins the Dec. 12 election, trying to close an opinion-poll gap with the governing Conservatives. The party said a Labour government would nationalize Britain’s...
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FILE - In this Aug. 5, 2019, file photo, sections of a USA Today newspaper rest together in Norwood, Mass. GateHouse Media has closed on its takeover of Gannett, bringing about 260 daily papers together to become the country’s largest newspaper company by far. (AP Photo/Steven Senne, File)
November 19, 2019 - 5:25 pm
NEW YORK (AP) — GateHouse closed its $1.1 billion takeover of USA Today publisher Gannett, becoming the country’s largest newspaper company by far and pledging significant cost cuts at a time when print publications are in precipitous decline. The merger brings together about 260 daily papers,...
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Britain's Prime Minister Boris Johnson speaking at the Confederation of British Industry (CBI) annual conference in London, Monday Nov. 18, 2019. Britain's Brexit is one of the main issues for political parties and for voters, as the UK goes to the polls in a General Election on Dec. 12. (Stefan Rousseau/PA via AP)
November 18, 2019 - 8:55 am
LONDON (AP) — British Prime Minister Boris Johnson faced new questions on Monday about his relationship with an American businesswoman who allegedly received favors and public funds while Johnson was the mayor of London. A major speech by Johnson to business leaders ahead of Britain’s Dec. 12...
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November 17, 2019 - 9:28 pm
HP Inc. says its board has rejected a roughly $33.5 billion takeover offer from Xerox. The Palo Alto, California-based company said Sunday that the cash and stock deal undervalues its business and its board cited concerns about “outsized” debt levels should the companies combine. HP, which makes...
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Britain's Labour Party leader Jeremy Corbyn and Shadow Minister for Climate Justice Danielle Rowley visit the National Mining Museum at the former Lady Victoria Colliery in Newtongrange, Scotland, Thursday Nov, 14, 2019, on the General Election campaign trail. (Jane Barlow/PA via AP)
November 15, 2019 - 7:06 am
LONDON (AP) — The British Labour Party's latest plan for public ownership of big industries sent shivers through the telecoms sector Friday with an electoral promise to nationalize part of the former phone monopoly BT to provide free fiber optic broadband. Party leader Jeremy Corbyn, who outlined...
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November 13, 2019 - 6:02 am
BEIJING (AP) — Jingye Group's purchase of British Steel Ltd. gives the privately owned Chinese steelmaker a chance to grow outside a home market dominated by giant state-owned mills. The deal adds to a string of global acquisitions by Chinese companies that want to speed their growth in industries...
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FILE - In tjhis Aug. 2017 file photo then Veterans Affairs Secretary David Shulkin speaks during a press briefing in Bridgewater, N.J. The book by former VA Secretary David Shulkin, obtained by The Associated Press, describes a March 6, 2017, conversation in the Oval Office where the president explored ways in which the administration could act quickly in shuttering the government-run VA medical centers that he viewed as poorly performing. (AP Photo/Pablo Martinez Monsivais)
October 16, 2019 - 10:52 pm
WASHINGTON (AP) — Eager for changes at the Department of Veterans Affairs, President Donald Trump toyed early on with issuing an executive order to close parts of the VA health system without consulting Congress, according to an upcoming book by his former VA secretary. In the book, obtained by The...
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October 16, 2019 - 3:14 pm
The Federal Communications Commission has approved the $26.5 billion combination of Sprint and T-Mobile on a 3-2 party-line vote. The wireless merger still faces opposition from a coalition of state attorneys general, who argue the deal is bad for competition. The companies won't merge while...
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