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Beiersdorf AG (BDRFY.PK, BDRFF.PK) announced its Supervisory Board and the company's Chairman of the Executive Board, Stefan Heidenreich, have reached an amicable agreement that he will resign from the Executive Board when his current term of office ends on December 31, 2019. The Supervisory Board...

Shares of Dalradian Resources Inc. (DNA.TO) (DALR.L) were gaining around 52 percent in the morning trading in London after the company agreed to be bought by Orion Mine Finance in approximately C$537 million deal. Under the deal terms, each Dalradian shareholder will receive cash consideration of...

Commonwealth Bank (CBA.AX) confirmed the Federal Court of Australia has approved its settlement with the Australian Securities and Investments Commission in relation to the trading of bank bills in connection with the Bank Bill Swap Rate. The Bank has agreed to pay a $5 million penalty, a payment of...

Shire plc (SHP.L, SHPG) announced the U.S. FDA has approved a label expansion for CINRYZE, making it available to help prevent angioedema attacks in children aged 6 years and older with hereditary angioedema. CINRYZE has been approved in the U.S. since October 2008 for routine prophylaxis against attacks...

Global investment firm KKR & Co. (KKR) announced Thursday that it has entered into an exclusivity agreement with Altice France to acquire a stake of 49.99 percent in the to be formed tower company, SFR TowerCo. The transaction will give SFR TowerCo an enterprise value of 3.6 billion euros. The deal...

Eurofins Scientific (ERFSF.PK) announced the applicable waiting period under the HSR Act, has expired with respect to its acquisition of Covance Food Solutions from LabCorp, which was announced on April 30th 2018. The acquisition is expected to close in the third quarter of 2018. The company noted...

Hyatt Hotels Corp. (H) announced Thursday a management agreement between JSC Kazakh-Austrian Joint Venture or Rahat JSC and a Hyatt affiliate for the development of Hyatt Regency Almaty, Rahat Palace in Kazakhstan. The 292-room hotel, which is slated to open in 2019, will be managed as Hyatt Regency...

Match Group Inc. (MTCH) announced that it has acquired a 51% ownership stake in Hinge, the New York City-based relationship app. Match Group has the right to acquire all the remaining shares of Hinge within the next 12 months. Additional terms of the transaction were not disclosed. Match made its...

HP Inc. (HPQ) said that its board authorized an additional $4.0 billion for future repurchases of its outstanding shares of common stock. HP noted that it intends to use the additional authorization to repurchase its shares from time to time to offset the dilution created by shares issued under employee...

The voluntary public takeover offer by Vonovia SE (DAIMF) to all shareholders of BUWOG AG has ended successfully. The extended acceptance period lapsed on 18 June 2018, 17:00 hours (CEST), in the course of which additional BUWOG shares were tendered into the takeover offer. In addition, Vonovia...

Apple Inc. (AAPL) said that it is forming a partnership with Sesame Workshop to create children's programming for its planned subscription video service. The pact is the latest in a slew of deals Apple has struck in recent months for content including an agreement last week for Oprah Winfrey to create...

Walt Disney Co. (DIS) is close to winning U.S. antitrust approval for its $71 billion deal for 21st Century Fox Inc.'s entertainment assets, creating a potentially insurmountable hurdle for a rival bid from Comcast Corp., Bloomberg reported citing a person familiar with the matter. The U.S. Justice...

Novo Nordisk (NVO) announced the successful completion and headline results of the phase 3a trials PIONEER 4 comparing oral semaglutide as a treatment for adults with type 2 diabetes to Victoza (1.8 mg liraglutide) and placebo, and PIONEER 7 comparing oral semaglutide as a treatment for adults with type...

German automaker Daimler AG (DDAIF.PK) issued a profit warning, saying Chinese retaliatory import duties on vehicles built in the U.S. would hit sales and profits of the SUVs it builds at its Alabama factory. "From today's perspective, the decisive factor is that, at Mercedes-Benz Cars, fewer than...

AT&T Inc. (T) plans to make another content acquisition, according to Recode, which reported Wednesday that the telecommunications giant intends to acquire the rest of Otter Media, a company it co-owns with the Chernin Group. The Recode report said that the deal is expected to close this summer and...

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