Ownership changes

May 06, 2019 - 5:33 am
KUALA LUMPUR, Malaysia (AP) — Malaysia's Axiata Group Berhad says it is in talks with Norway's Telenor ASA to merge their Asian operations to create one of the world's top telecommunications giants with some 300 million customers in nine countries. Axiata said in a statement Monday that Telenor is...
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Shareholders in overflow rooms watch on a big screen as Berkshire Hathaway Chairman and CEO Warren Buffett, left, and Vice Chairman Charlie Munger preside over the annual Berkshire Hathaway shareholders meeting in Omaha, Neb., Saturday, May 4, 2019. An estimated 40,000 people are thought to be in town for the event, where Buffett and Munger spend hours answering questions. (AP Photo/Nati Harnik)
May 04, 2019 - 5:01 pm
OMAHA, Neb. (AP) — Tens of thousands of Berkshire Hathaway shareholders return to Omaha every year to learn from Warren Buffett and celebrate the company he built through acquisitions and investments. But with the 88-year-old Buffett and 95-year-old Charlie Munger leading the company, it's hard for...
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FILE - In this undated, file photo provided by Occidental Petroleum Corp., Occidental President and CEO Vicki Hollub poses for a photo. Hollub was taken by surprise when she heard that oil and gas company Anadarko had accepted a buyout offer from rival Chevron. (Occidental Petroleum Corp. via AP, File)
April 30, 2019 - 11:15 am
OMAHA, Nebraska (AP) — Warren Buffett's Berkshire Hathaway is financing a bid by Occidental Petroleum for Anadarko, potentially upending Chevron's $33 billion offer for the energy company. Anadarko Petroleum accepted a buyout bid from Chevron earlier this month, but said Monday that it is now...
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CEO Werner Baumann, right, and Chairman of the Supervisory Board Werner Wenning, left, shake hands during the annual general meeting of the Bayer stock company in Bonn, Germany, Friday, April 26, 2019. Following the record acquisition of U.S. biotech and seed company Monsanto, Bayer's agricultural business has become a risk for the German chemical company. Bayer is facing enormous cost if the U.S. court will find Monsanto's glyphosate to be causing cancer. Since the take-over of Monsanto in June 2018, Bayer lost around half of its value in market capitalization. (AP Photo/Martin Meissner)
April 26, 2019 - 7:08 am
BERLIN (AP) — Bayer's top managers are facing shareholders amid discontent over the fallout from the German company's acquisition of Monsanto, the maker of Roundup weed killer. Chairman Werner Wenning told the annual general meeting in Bonn on Friday that company leaders "very much regret" falls in...
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A small boat with two German police officers speeds over the river Main in Frankfurt, Germany, Wednesday, April 17, 2019. (AP Photo/Michael Probst)
April 25, 2019 - 4:56 am
BERLIN (AP) — Deutsche Bank and Commerzbank are halting talks on a possible merger that would have created Germany's biggest financial institution. Deutsche Bank said Thursday that "after careful analysis" its management board has concluded that a combination with its rival "would not have created...
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FILE- This Oct. 3, 2018, file photo shows a Tesla emblem at the Auto show in Paris. Tesla CEO Elon Musk appears poised to transform the company’s electric cars into driverless vehicles in a risky bid to realize a bold vision that he has been floating for years. The technology required to make that quantum leap is scheduled to be shown off to Tesla investors Monday, April 22, 2019, at the company’s Palo Alto, Calif., headquarters. (AP Photo/Christophe Ena, File)
April 22, 2019 - 7:56 pm
SAN FRANCISCO (AP) — Tesla CEO Elon Musk expects to start converting the company's electric cars into fully self-driving vehicles next year as part of an audacious plan to create a network of robotic taxis to compete against Uber and other ride-hailing services. The vision sketched out Monday...
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April 18, 2019 - 10:59 am
KIEV, Ukraine (AP) — A Ukrainian court has ruled that the 2016 nationalization of a major bank owned by a powerful tycoon was illegal. The court in Kiev ruled on Thursday that Privatbank, owned by tycoon Ihor Kolomoyskyi, was nationalized in 2016 illegally. It was not immediately clear how the...
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April 16, 2019 - 7:25 pm
NEW YORK (AP) — The Martha Stewart brand is getting a new home. Sequential Brands Group, which bought the Martha Stewart brand nearly four years ago for about $353 million, said Tuesday that it is selling it to Marquee Brands for about $175 million. As part of the deal, Marquee will also acquire...
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FILE - In this Feb. 13, 2019, file photo, Sprint Corporation Executive Chairman Marcelo Claure, left, speaks with T-Mobile US CEO and President John Legere during the House Commerce subcommittee hearing on Capitol Hill in Washington. Sprint and T-Mobile shares are falling after a Wall Street Journal report cast doubt on the likelihood of government approval of their $26.5 billion merger. (AP Photo/Jose Luis Magana, File)
April 16, 2019 - 5:56 pm
NEW YORK (AP) — Sprint and T-Mobile shares fell after a Wall Street Journal report cast doubt on the likelihood of government approval of the companies' $26.5 billion merger . The Journal said that Justice Department antitrust personnel, who are reviewing the takeover, questioned the companies'...
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April 15, 2019 - 6:31 pm
NEW YORK (AP) — AT&T has sold its 9.5% share in Hulu back to the streaming TV company, leaving Disney and Comcast as its owners. Hulu said Monday that AT&T sold its stake for $1.43 billion, valuing the unprofitable Hulu at $15 billion. The Walt Disney Co. wound up with a 60% share after its...
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