People familiar with the matter told The Information that Microsoft executives have not ruled out restructuring Xbox as a wholly owned subsidiary or even a joint venture…. Looking ahead: Since t...
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Unilever in talks with McCormick over potential sale of its food business. A major shift toward beauty and personal care is underway. Unilever confirmed that it has received an inbound offer for its ‘...
Unilever shares fell 3.5% on Wednesday with investors concerned that the maker of Hellmann’s sauces would get “distracted” by the potential spin-off of its food business, questionin...
Versant Media on Tuesday unveiled a $1 billion share buyback plan and reported a decline in annual revenue in the company’s first results since the completion of its spin-off from Comcast, c...
Australia’s Ramsay Health Care said on Friday it plans to distribute its 52.79% stake in Ramsay Sante to its shareholders, effectively separating from its long-underperforming French-listed busi...
Siemens Energy’s CEO said on Tuesday it was fair for activist investor Ananym Capital to push for a spin-off of its loss-making wind turbine division but the business would first have to be stab...
Avidity Biosciences (RNA) announced that its board of directors has designated the close of business, Eastern Time, on February 12 as the record… Avidity Biosciences (RNA) announced that its boa...
IP shares drop after mixed Q4 earnings and announcement of a major corporate breakup into two independent regional packaging leaders. International Paper Company (NYSE:IP) shares gave up prior gains a...
Portuguese energy firm Galp will focus on growing its upstream business from oilfields in Brazil and Namibia and may list parts of its newly formed downstream business in a couple of years, its co-chi...
