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BIZARRE: 18 - What They Never Told You

American Airlines-JetBlue antitrust trial starts Tuesday with high stakes for Biden

The government’s antitrust regulators are quickly approaching the proverbial line drawn in the sand over airline consolidation.

Tribune News Service

Swedish car sales group makes £400m bid for Pendragon

Shares in Pendragon were up 20 per cent this morning on the news

Birmingham Post

Ramsay Health Care buyout collapses

Australia's biggest business bid of the year, a $20 billion offer from a US private equity consortium to buy out Ramsay Health Care, has officially collapsed.

AAP

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Judge rejects Justice Dept.'s bid to stop sugar merger

A federal judge has rejected the Justice Department’s bid to block a major U.S. sugar manufacturer from acquiring its rival, clearing the way for the acquisition to proceed

The Independent UK

Fortis Healthcare seeks legal advice after Supreme Court orders forensic audit in its share sale

The Supreme Court on Thursday awarded six months jail term to former promoters of Fortis Healthcare Ltd

The Hindu

Trump-Linked SPAC's Investors Clamor For Better Deal As Time Runs Out: What It Means For DWAC And Truth Social

Digital World Acquisition Corporation (NASDAQ: DWAC), the SPAC that is set to merge with Donald Trump's company that owns the Truth Social platform, is reportedly facing pressure from investors amid its failure to complete the deal.

Benzinga

Pendragon’s average used car price up by almost a third but inflation hits profit

Cost of the average second-hand car rises 32% to almost £19,000 amid shortage of new vehicles

Evening Standard

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Plans to merge competing offers in ongoing push for Dartbrook coal mine

There are plans in place to open the shuttered mine by the end of 2023.

Newcastle Herald

Australia to pay controversial US prisons operator $4.6m for 52 days of transition work on Nauru

MTC, which has been accused of ‘gross negligence’ that allegedly led to gang rape, will be paid during same period as previous contractor Canstruct

The Guardian - AU

Mike Ashley quits as director of Sports Direct group - leaving son-in-law in charge

Mike Ashley is to step down as a director of Sports Direct owner Frasers Group next month after handing over the reins to his son-in-law and new chief executive Michael Murray

Daily Mirror

Deadbeat SPAC: Donald Trump's Social Network Isn't Paying Its Bills. Is This The Final Setback?

A SPAC set to take former President Donald Trump’s new media company public could be facing another setback. Here’s the latest.

Benzinga

Whistleblower claims may not free Elon Musk from his Twitter hook

A court in Delaware will decide whether the Tesla chief can back out of his $44bn offer to buy the platform

The Guardian - UK

Gautam Adani names son Karan to run cement firms; injects Rs 20,000 crore in Ambuja Cement

NEW DELHI: Billionaire Gautam Adani's son Karan will helm the cement firms his group has acquired to become India's second largest cement player and extend his burgeoning empire that spans from ports and energy to airports and telecom.

The Times of India

GX Group completes management buyout in seven-figure deal

Former directors will stay on in the firm in different roles

Birmingham Post

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Evening Standard

Frasers takeover bid rejected by Australian fashion hub MySale

Mike Ashley’s business has recently conducted a fashion brand acquisition spree

Birmingham Post

Kaefer turnover tops £230m following acquisition of fellow Tyneside industrial services firm

The Jarrow firm's parent company acquired Wood Group Industrial Services in an £80m deal

Benzinga

Glass House Brands Closes Acquisition Of Morro Bay NHC Cannabis Dispensary

Glass House Brands Inc. (OTCQX: GLASF) (QTCQX:GHBWF) (NEO:GLAS.A.U) (NEO:GLAS.WT.U), has been granted all local regulatory approvals for its acquisition of the Natural Healing Center (NHC) dispensary located in Morro Bay, California, and that the tr

Newslaundry

Top NDTV executives have made windfall gains from Adani’s takeover

Gautam Adani’s takeover of NDTV may have caused disquiet in the news industry, but it has proved lucrative to several employees of the TV news network. The billionaire’s purchase of about 30 percent of the broadcast company, and whispers about it in the preceding months, sent its share price soaring,…

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Asharq Al-Awsat

AD Ports Completes Acquisition of Majority Stake in Transmar, Transcargo International

Abu Dhabi Ports Group said on Wednesday it completed the acquisition of a 70 percent equity stake in Egypt’s Transmar International Shipping Company (Transmar) and Transcargo International (TCI), with a total value of the deal amounting to $140 million. The acquisition of the two Egypt-based maritime companies is the first…

Bangkok Post

Twitter shareholders vote in favour of Musk's $44bn offer

NEW YORK: Twitter Inc shareholders approved billionaire Elon Musk's proposed $44 billion buyout, paving the way for a trial next month to determine the deal's fate.

Wales Online

A Tesco store in Llanelli has been bought for £66m

The 82,000 sq ft store has been acquired by a London-based investment firm

Birmingham Post

Acquisitions boost bottom line for Gateley

Legal and professional services group sees revenue and profits climb as it vows to stay busy in the deals market

Birmingham Post

Tesco store in Llanelli sold for £66.8m

The property investment in the store has been acquired by Supermarket Income REIT plc

The Independent UK

German government sells its last shares in Lufthansa

The German government has sold its last shares in the country’s biggest airline, Lufthansa, which it stepped in to rescue at the height of the coronavirus crisis

Tribune News Service

Twitter shareholders approve Musk’s $44 billion buyout as trial looms

Twitter Inc. shareholders approved billionaire Elon Musk’s proposed $44 billion buyout, paving the way for a trial next month to determine the deal’s fate.

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