Denmark-based Arla Foods and German group DMK are moving ahead with plans to merge after securing EU approval for the deal. The two cooperatives confirmed having received the green light in a joint statement after the European Commission “unconditionally approved” the deal yesterday (May 28). Brussels concluded that the transaction would not raise competition concerns…
By Foo Yun Chee BRUSSELS, May 27 (Reuters) – European leaders are divided over how far to go to rein in Big Tech, as they weigh momentous decisions about giving EU companies preferential access to mobile satellite spectrum and limiting big multinationals’ access to EU cloud tenders. On Tuesday, Reuters reported that Brussels was likely…
European Union competition regulators are reviewing whether JD.com’s proposed $2.5 billion acquisition of Ceconomy may have involved foreign state backing. According to a European Commission document cited by ReutersThe EU watchdog has set May 28 as the deadline for its preliminary examination of the deal. That initial review will determine whether the transaction should undergo…
Sanofi (NASDAQ:SNY) is one of the The best low-volatility, large-cap stocks to invest in.. Deutsche Bank analyst Emmanuel Papadakis maintained a Buy rating on Sanofi (NASDAQ:SNY) on November 25, setting a price target of €110. Is Sanofi (SNY) the best gene editing stock to buy? On the same day, Sanofi (NASDAQ:SNY) announced the approval of…
MILAN (Reuters) – Carmakers have formed alliances to help them avoid hefty European Union fines for carbon emissions by buying credits from electric vehicle companies. Several traditional automakers face possible fines as the transition to electric vehicles in Europe has proven slower than expected in recent years. Here details about the regulation and alliances for…
