Pushy investor Jana Partners wants the financial tech company to refocus on banks, seven years after merging with retailer-centric First Data. The deal was a dud, vaporizing over $30 bln in market ...

The $8 bln owner of Manhattan’s basketball and hockey teams may spin them into separate listed companies. It could narrow a valuation gap. But it also leaves space for fans big and small to apply the ...

Supplier Genuine Parts tried to brighten weak results with a plan to split its auto and industrial arms. Shares still fell 15%. Conglomerates are often told that separate units can win higher ...

The $51 bln group unveiled a $7 bln plan to resolve lawsuits surrounding its weedkiller. Despite its recent share-price surge ...

The activist's fund has emerged at $11 bln defence group Indra, which is up some 200% in a year as Europe rearms. The pushy investor backs the purchase of EM&E, which Indra's chair co-owns. The ...

The central bank’s boss may leave before the end of her eight-year term, the FT says. Depriving French President Emmanuel Macron’s successor of a say in picking Christine Lagarde’s replacement is ...

The central European country produces just 1.2% of the bloc’s GDP. However, an April election threatens Prime Minister Viktor ...

A post-Covid slump challenged the serial acquirer’s playbook of buying profitable biological product makers. A Masimo deal changes focus to patient monitoring. The switch and the seller’s odd history ...

Hapag-Lloyd is paying $4.2 bln, implying a 58% premium, for Israel’s ZIM. It looks like a defensive bid for scale as freight rates fall. The strategic logic is clear, but the return on investment ...

Mike Henry reckons having diverse assets is key to the $190 bln miner's worth. Yet he also wants investors to hand it a higher, pure copper play-like valuation multiple. Good earnings and $4 bln of ...

The regulator barred lenders from financing proprietary trades from outfits like Jane Street, triggering a 9% fall in broker ...

European leaders pledged to derisk from the United States at the Munich Security Conference, while Britain wants to get closer to the EU. But words need to lead to bold actions. The continent should ...