updated - August 25, 2019 Sunday EDT
Newell Rubbermaid has announced in a press release that it will be acquiring Jarden Corporation in a cash and stock transaction.
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The Hudson’s Bay Co., which owns Saks Fifth Avenue, is nearing a deal to buy Gilt Groupe Inc. for about $250 million, people familiar with the matter told reports.
Sanofi SA has announced in a press release that it has entered into exclusive negotiations with Boehringer Ingelheim GmbH to swap businesses.
UBM plc, one of the world’s leading B2B events organizers, has announced in a press release that it will be selling PR Newswire to Cision, a business controlled by GTCR Canyon Holdings, for $841 million.
Royal Dutch Shell plc has announced in a press release that it has received unconditional merger clearance from the Chinese Ministry of Commerce (MOFCOM) regarding its combination with BG Group.
DISH Network Corporation has announced in a press release a series of changes to its senior management team. The changes are intended to fulfill the company’s strategic goals and align its business to more fully respond to the dynamic pay-TV environment.
Micron Technology, Inc. has announced in a press release that it will acquire the remaining shares of Inotera Memories for approximately $3.2 billion, net of cash and debt at Inotera.
Cheniere Energy, Inc. has named board member Neal A. Shear as the interim president and CEO, and board member G. Andrea Botta as the chairman of the board of directors, effective immediately.
Exxon Mobil Corporation has announced in a press release that Darren W. Woods, the current senior vice president of the corporation, is elected to be Exxon Mobil’s next president and a member of the board.
Hilcorp Energy Company is giving all of its employees, whatever the position, $100,000 bonus this year, according to a report from KTVU.
Hilcorp Alaska, LLC has announced in a press release that it has filed a Development and Production Plan with the U.S. Bureau of Ocean Energy Management (BOEM) for the Liberty Project.
Elon Musk, together with other tech bigwigs, Sam Altman, Peter Thiel, Reid Hoffman, and Jessica Livingston have contributed $1 billion in funding to OpenAI, a research company, according to an introductory blog post.
Kitson, an upmarket department store chain, is preparing to close all of its 17 retail locations as well as its online shop, Shokitson.com, according to a report from the Los Angeles Times. The boutique chain, known as the shop being frequented by the likes of Paris Hilton and Lindsay Lohan, has been struggling since 2013 as it over-expanded, at times opening in areas with high rents.
Sunrun Inc., the largest dedicated residential solar company in the U.S. has announced in a press release that it will be opening a new corporate office in Denver, Colorado.
Ford Motor Company has announced in a press release that it will be investing an additional $4.5 billion in electrified vehicles solutions by 2020.
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