BAIC shares drop on report Daimler seeks raising JV stake

Source: Dukascopy Bank SA
On Wednesday, shares in BAIC Motor plunged as much as 13.5% on a report that Germany's Daimler might raise its stake in the joint venture with China's automaker.
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Wed, 05 Dec 2018 07:15:46 GMT

Germany's DEA to acquire Mexican firm Sierra Oil & Gas

DEA Deutsche Erdoel has clinched a deal to acquire Mexico's independent firm Sierra Oil and Gas, as the German energy company seeks to boost its presence in the Mexican oil market ahead of its planned merger with Wintershall next year.

Wed, 05 Dec 2018 05:59:47 GMT

Takeda grants approval for $59B Shire takeover

Takeda Pharmaceutical shareholders have granted their approval on Wednesday for a $59B acquisition of the London-listed Shire, becoming one of the top ten drugmakers in the world, but also one of the most indebted.

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