Industry

Charter Communications to Acquire Cox Communications in $34.5 Billion Deal

Charter to buy Cox for $34.5B, forming largest US cable provider amid industry shifts.

#chartercommunications, #coxcommunications, #mergers, #telecommunications

Blackstone Infrastructure Announces $11.5 Billion Acquisition of TXNM Energy

Blackstone to acquire TXNM Energy for $11.5B, boosting utility sector holdings amid rising electricity demand.

#blackstone, #acquisition, #utilities, #energy, #txnm

Southern California Edison Unveils $6.2 Billion Wildfire Mitigation Plan

SCE proposes a $6.2B plan to tackle wildfire risks, focusing on infrastructure and safety tech upgrades through 2028.

#wildfires, #southerncaliforniaedison, #infrastructure, #technology

TE Connectivity to Acquire Richards Manufacturing for $2.3 Billion in Strategic Growth Move

TE Connectivity acquires Richards Manufacturing to expand in North American electrical utilities market for $2.3 billion.

#teconnectivity, #acquisition, #electricalutilities, #richardsmanufacturing, #business

Scopely Acquires Niantic's Games Division for $3.5 Billion in Strategic Gaming Move

Scopely acquires Niantic's games for $3.5B, including "Pokémon GO," boosting Saudi Arabia's gaming ambitions.

#gaming, #acquisition, #scopely, #niantic, #saudiarabia

Dick's Sporting Goods to Acquire Foot Locker for $2.4 Billion

Dick's Sporting Goods plans a $2.4B acquisition of Foot Locker, enhancing its global presence despite market concerns.

#dickssportinggoods, #footlocker, #acquisition, #retail, #sportswear

Dick's Sporting Goods to Acquire Foot Locker for $2.4 Billion

Dick's acquires Foot Locker for $2.4B, aiming to expand global presence amid retail sector consolidation.

#dickssportinggoods, #footlocker, #mergersandacquisitions, #retail

IEA Projects Slowdown in Global Oil Demand Growth for 2025

IEA forecasts slower global oil demand growth in 2025; economic uncertainties and EV adoption influence the trend.

#iea, #oil, #demand, #economy, #evs

Kraft Heinz to Invest $3 Billion to Upgrade U.S. Manufacturing Plants

Kraft Heinz announces a $3B investment to modernize 30 U.S. plants, boosting efficiency amid economic uncertainties.

#kraftheinz, #investment, #manufacturing, #economy

Kraft Heinz Invests $3 Billion to Upgrade U.S. Manufacturing Plants

Kraft Heinz invests $3B to upgrade 30 U.S. plants, boosting efficiency and supporting growth amid economic uncertainties.

#kraftheinz, #investment, #manufacturing, #trade, #foodindustry

Moët Hennessy Faces Financial Turmoil Amid Leadership Changes

Moët Hennessy confronts financial challenges with new leadership, aiming to revive profitability amidst changing market dynamics.

#moethennessy, #lvmh, #luxurybrands, #financialcrisis

NRG Energy to Acquire LS Power Assets in $12 Billion Deal

NRG Energy's $12 billion acquisition of LS Power assets aims to double its power capacity amid rising electricity demand.

#nrgenergy, #lspower, #acquisition, #energysector

MTN Group's Profit Soars by 33%, Bolstered by Service Revenue and Strategic Expansion

MTN Group reports a 33% profit rise, driven by service revenue and a new streaming partnership with Synamedia in Africa.

#mtn, #africa, #telecommunications, #streaming

BP Faces Takeover Interest from Major Energy Giants Amid Share Price Decline

BP becomes a takeover target for energy giants like Shell and Exxon amid declining share prices and past liabilities.

#bp, #oil, #acquisition, #energy, #takeover

Capital One to Acquire Discover Financial Services in Landmark $35.3 Billion Deal

Capital One's $35B acquisition of Discover, approved by U.S. regulators, to become top U.S. credit card issuer.

#capitalone, #discover, #banking, #merger, #creditcards