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Keywords: Merger


Honda and Nissan Begin Historic Merger Talks to Create a Global Automotive Giant

Japanese automakers Honda and Nissan have agreed to enter negotiations regarding a historic merger that could establish the third-largest automotive group in the world. The two companies announced this significant development through a joint statement, confirming that they have signed a Memorandum of......

Viatris Fined $760,000 for Failing to Notify Moroccan Authorities About Merger

Viatris, the US-based pharmaceutical corporation, has been fined $760,000 by Moroccan regulators for failing to inform them about its merger. The fine, which amounts to 2.5% of the company's revenue in Morocco for the previous year, highlights the country's commitment to enforcing its antitrust......

 Spirit Airlines Files for Chapter 11 Bankruptcy Amid Financial Struggles

Spirit Airlines has officially filed for Chapter 11 bankruptcy protection, citing mounting losses, increasing debt, and a failed merger as key factors in its decision. The Florida-based airline made the announcement on Monday, detailing the steps it will take to stabilize its operations amid financial......

Saham Group's Strategic Move: Acquiring Société Générale Maroc

In a significant development for Morocco's financial sector, the Saham Group has received the green light to acquire Société Générale Maroc, a prominent banking institution. This strategic move, approved by the country's regulatory authorities, marks a pivotal moment......

The Paramount Paradigm Shift: Skydance Acquisition Ushers in a New Era

In a groundbreaking move that signals the end of an era, Paramount Global has announced its merger with Skydance Media, the entertainment company founded by David Ellison, son of Oracle founder Larry Ellison. This deal comes less than a month after the two parties abruptly ended their initial merger......

Spanish Banking Heavyweights BBVA and Sabadell in Ambitious Merger Talks

In a bold move that could reshape the European banking landscape, Spanish banking powerhouse BBVA (Banco Bilbao Vizcaya Argentaria) has announced its intention to acquire its domestic rival Banco Sabadell through a strategic merger proposal. This audacious bid, unveiled on Wednesday, aims to create one......

European Commission Greenlights Orange-MasMovil Union in Spanish Telecom Sector

After a year and a half of anticipation, the European Commission has granted approval for the merger of Spain's second and fourth largest telecom operators, Orange and MasMovil. However, this approval was contingent upon concessions made by the companies, including the transfer of spectrum to competitor......

Veolia Faces $10 Million Fine from Competition Council for Breach of Competition Laws

Veolia Environnement, a prominent French utility company renowned for its expertise in water and waste management, is currently grappling with a significant fine of $10 million (100 million dirhams) imposed by the Competition Council. This body, an integral part of the Moroccan Competition Authority,......