The UK government has awarded a £1.6bn contract to build three support ships for the Royal Navy to a consortium that includes a state-owned Spanish shipyard, snubbing a rival bid from an all-British team. The decision on Wednesday sparked a furious reaction from unions and Labour, which has pledged to build the ships entirely in … Read more
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Sonali Paul and Scott Murdoch Article content Origin Energy Ltd, Australia’s no.2 power producer and energy retailer, backed an A$18.4 billion ($11.8 billion) buyout offer from a consortium led by Canada’s Brookfield Asset Management, the companies said on Thursday. If successful, the takeover … Read more
NTT Docomo, Japan’s largest mobile operator with over $40 billion in annual revenue, partnered with multi-chain smart contract platform Astar Network to accelerate the Web3 implementation in the country. The joint effort will take the form of a consortium, which would give individuals and corporations the ability to utilize tokens for governance. According to a press … Read more
Michael Vi/iStock Editorial via Getty Images Influential proxy service ISS is said to recommend Zendesk (NYSE:ZEN) holders vote in favor of the company’s sale to Hellman & Friedman and Permira Advisers. ISS sees downside risk if Zendesk (ZEN) holders don’t approve $77.50/share sale to private equity consortium, according to traders, who cited Bloomberg headlines. The … Read more