Deal
Lufthansa wins EU approval for 325 million euros ITA Airways deal
DEUTSCHE Lufthansa’s 325 million euros (US$350 million) investment in Italy’s ITA Airways won approval from the European Union, allowing Prime Minister Giorgia Meloni to offload responsibility for an airline...
Jollibee Foods to take control of South Korea’s Compose Coffee in US$340 million deal
PHILIPPINE fast-food firm Jollibee Foods will acquire a majority stake in privately held Compose Coffee, a South Korean coffee chain, as part of a deal valuing the target at...
Trading app Robinhood agrees deal with Pluto Capital to tap into AI
ROBINHOOD Markets said on Monday (Jul 1) it had bought artificial intelligence (AI) powered investment platform Pluto Capital, adding the trading app to a growing list of companies looking...
Boeing bears the brunt of crisis with fraud charge, Spirit deal
Six months after a fuselage blowout threw Boeing into crisis, the full weight of the legal and financial fallout from the near-catastrophic accident is bearing down on the embattled...
French tech group Atos reaches restructuring deal giving creditors control
ATOS’ creditors reached an agreement with the company that will see them take control of the embattled French IT services company instead of an outside investor.
Bondholders and lenders have...
Boeing offered 737 MAX plea deal, lawyer of crash victims’ families says
THE US Justice Department is offering Boeing a plea deal that will allow it to avoid a trial related to two deadly 737 MAX crashes, a lawyer for the...
Boeing agrees deal to buy Spirit AeroSystems for over US$4 billion: sources
BOEING agreed on Sunday to acquire Spirit AeroSystems for more than $4 billion, two people familiar with the matter said, ending months of talks over a deal the US...
Boeing in deal to buy Spirit AeroSystems for over US$4 billion: sources
BOEING agreed on Sunday to acquire Spirit AeroSystems for more than $4 billion, two people familiar with the matter said, ending months of talks over a deal the US...
