The controller general of Panama said CK Hutchison, a Hong Kong conglomerate, did not properly renew its license to operate two ports that are part of a $19 billion deal involving BlackRock.
Category: Mergers, Acquisitions and Divestitures
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Capital One Deal for Discover Clears Justice Dept. Hurdle
The department, during the Biden administration, initially said it had concerns about the merger of two of the largest credit card companies in the U.S.
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Chinese Auto Giants Dongfeng and Changan Are in Talks to Merge
The state-owned automakers, longtime joint venture partners of Ford and Nissan, might combine operations as Beijing consolidates its sprawling car sector.
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Charlie Javice Found Guilty of Defrauding JPMorgan in $175 Million Acquisition
Federal prosecutors convinced a jury that Ms. Javice faked much of her customer list before selling her start-up, Frank, to the bank.
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Dollar Tree Is Selling Family Dollar for $1 Billion
Nearly 10 years after buying Family Dollar for about $9 billion, Dollar Tree announced it would sell the retailer to two private equity firms.