Chemicals business Johnson Matthey said Monday that it has slashed the price for selling its catalyst technologies arm to U.S. heavyweight Honeywell to £1.33 billion ($1.6 billion) from £1.8 billion because of the "reduced profitability" of the subsidiary.
Chemicals business Johnson Matthey said Monday that it has slashed the price for selling its catalyst technologies arm to U.S. heavyweight Honeywell to £1.33 billion ($1.6 billion) from £1.8 billion because of the "reduced profitability" of the subsidiary.
South Korea persuaded a London court Monday to partly set aside a $48.5 million arbitration award over claims that the country's former president and senior officials unlawfully interfered in an $8 billion merger between two Samsung affiliates in 2015.
Spanish hotel chain Hoteles Bestprice said Monday that it has teamed up with accounting giant Deloitte to launch an investment platform that will raise at least €60 million ($70.8 million) to buy hotels in major cities.
Novacyt SA said Monday it has conditionally agreed to buy a life science products distributor for up to 25 million Australian dollars ($18 million), as the French diagnostics business looks to expand in the region.
Any move to extend exchange trading hours across the globe requires "deep coordination" and must involve improvements to financial market infrastructure to avoid a range of potential risks linked to around-the-clock trade, a London-based global exchange group has said.
JD Sports Fashion PLC said Monday it will begin a stock repurchase program of up to £100 million ($135 million), the first phase of a new £200 million share buyback plan to reward investors and lower its share capital.
The Competition and Markets Authority named a former Amazon executive on Monday as its preferred candidate to serve a full five-year term as the watchdog's chair.
