Franchise News
Volkswagen Brand Sales Drop 2.6 Percent Compared To 4.4 Percent Overall Industry Increase In 1st Half Of 2015
Honeywell Acquires Elster Division of Melrose Industries, Increasing Own Business Profile
Honeywell International, Inc. has announced the acquisition of gas measuring and metering company, Elster, from Melrose Industries Plc for approximately £3.3 billion or $5.1 billion, according to a press release by Honeywell.
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Beacon Roofing Acquires Roofing Supply, Expanding its Geographical Footprint
In a press release, Beacon Roofing Supply Inc. announced that it entered into a “definitive merger agreement” to acquire Roofing Supply Group from investment firm Clayton, Dubilier & Rice for cash and stock transaction that is worth about $1.1 billion.
Mitsubishi To End Production in U.S., Partners with United Auto Workers to Look for Suitable Buyers of the Plant
Mitsubishi Motors North America Inc., a subsidiary of Mitsubishi Motors Corporation in the U.S., has just announced, in a press release, that it will be ending the production of the Outlander Sport, its sole production model at the Normal plant, by the end of November 2015.
Equities Continue To Slump as Asia Shares Start the Week Soft
The equity market continues to be battered as shares in Asia fell to start the week, following the slump in Wall Street last Friday, according to a report from Bloomberg.
Deutsche Boerse Buys 360T, Expands Business in Forex Trading
Deutsche Boerse AG buys 360T, a global Foreign Exchange Trading Platform, for €725 million, according to the company's press release.
McGraw Hill to Expand its Data Services, in Talks to Acquire SNL Financial
McGraw Hill Financial Inc. is close to acquiring SNL Financial LC, a financial news and analysis data provider, for more than $2 billion, according to a report from Bloomberg.
Thai Airways' Restructuring Plan will Reduce Flights and Cut Jobs
Thai Airways International Pcl is planning to cut 1,401 jobs and suspend its flight to Los Angeles and Rome, according to a report from Reuters.
Looking to Solidify its Grip On the Generic Drug Sector, Teva may Acquire Allergan's Generic Business
Teva Pharmaceuticals Industries Ltd., a Israeli-based drugmaker, is in advance talks to acquire the generic drugs business of Allergan Plc., according to a report from Bloomberg.
To Defend Against Hackers, Fiat Chrysler Recalls 1.4 million Vehicles
Fiat Chrysler announced a recall of 1.4 million vehicles, in an attempt to defend against cyber attacks, according to a report from Bloomberg.
Subject To Certain Conditions, The FCC Sees the Merger of AT&T and DirecTV in the Public's Interest
After granting its approval, the Federal Communications Commission sees the merger of AT&T and DirecTV, subject to certain conditions, is in the public’s interest, according to the Commission’s press release.
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