Gulf Times - merger
Thyssenkrupp abandons Tata merger plans, cuts 6,000 jobs

Thyssenkrupp abandons Tata merger plans, cuts 6,000 jobs

German industrial conglomerate Thyssenkrupp said Friday it was scrapping merger plans with Indian steel giant Tata and would slash 6,000 jobs worldwide in a structural shakeup.

Anti-trust watchdog blocks $11bn Vodafone's Australia business merger with TPG

Anti-trust watchdog blocks $11bn Vodafone's Australia business merger with TPG

Australia's anti-trust regulator blocked a A$15bn ($11bn) merger between TPG Telecom and Vodafone's Australian joint venture on competition grounds on Wednesday, knocking shares in the firms involved.

QCB not to interfere in local banks' merger talks: Governor

QCB not to interfere in local banks' merger talks: Governor

Qatar Central Bank will not “interfere” in the negotiations between local banks for their possible merger, said HE the QCB Governor Sheikh Abdulla bin Saoud.

A merger of Barwa Bank, IBQ to ease profitability, funding pressures: Moody's

A merger of Barwa Bank, IBQ to ease profitability, funding pressures: Moody's

The proposed merger between Barwa Bank and International Bank of Qatar (IBQ) is expected to not only alleviate the profitability pressure in the system but also ease the funding costs ...

Vodafone Idea becomes India's biggest telecoms group

Vodafone Idea becomes India's biggest telecoms group

The new $23bn Vodafone Idea giant deposes Bharti Airtel -- with its 350 million subscribers -- as India's top mobile firm.

Tesla's board says Musk started go-private talks last week

Tesla's board says Musk started go-private talks last week

Tesla Inc Chief Executive Elon Musk started talks with the company's board last week about taking the electric car maker private, some board members said on Wednesday.

Australian media giants Fairfax and Nine to merge

Australian media giants Fairfax and Nine to merge

Nine will effectively be the dominant partner, with its shareholders owning 51.1% of the combined entity and Fairfax shareholders owning the rest.

Masraf Al Rayan, Barwa Bank, IBQ call off merger plan

Masraf Al Rayan, Barwa Bank, IBQ call off merger plan

The three banks said they "could not reach an agreement to complete the transaction".

UK supermarket giants Sainsbury's, Asda agree merger

UK supermarket giants Sainsbury's, Asda agree merger

Britain's second and third biggest supermarket chains Sainsbury's and Walmart-owned rival Asda have agreed to merge, the pair said Monday, creating a retail king that would leapfrog current leader Tesco.

Novartis to buy US gene therapy group AveXis for $8.7 bn

Novartis to buy US gene therapy group AveXis for $8.7 bn

Novartis is moving further into gene therapy with a $8.7 billion deal for AveXis that gives the Swiss drugmaker a rare-disease treatment seen reaping billions in sales and bolsters its technology base.

Nepal's former rebels agree to unite with ruling party

Nepal's former rebels agree to unite with ruling party

Leaders of the two Nepalese communist parties that formed an electoral alliance and won the largest number of seats in parliamentary polls last year have agreed to merge their parties, a spokesman said on Tuesday.

Qatargas-RasGas merger creates state-owned global gas giant

Qatargas-RasGas merger creates state-owned global gas giant

The merger of Qatargas and RasGas will save the country QR2bn in operating costs annually, Qatar Petroleum president and CEO, Saad Sherida al-Kaabi said. The new entity, which is called Qatargas, started operations on January 1.