merger
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Shares in the owner of convenience store giant 7-Eleven jumped on Wednesday after it received a new takeover offer from Canadian rival Alimentation Couche-Tard. Japan’s Seven & i Holdings confirmed the new approach but did not reveal any new details. The announcement came after Bloomberg News reported that the new offer valued the firm at…
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Italian-American firm Fiat Chrysler Automobiles has confirmed that it is in talks with French rival PSA Peugeot over a tie-up to create one of the world’s biggest car makers. The statement did not say whether the talks were aimed at a full merger or a looser alliance. Fiat Chrysler has long been looking for a…
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Earlier in June, Microsoft bought LinkedIn for a reported $26.2 billion, reasserting itself as one of the biggest players in the world’s technology market. The business deal between these two companies in different sectors was one of the smartest mergers today. Image shows Jeff Weiner, chief of LinkedIn, left, Satya Nadella, chief of Microsoft, and Reid Hoffman, executive…
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