Arconic scraps sale amid price disagreements

Source: Dukascopy Bank SA
Arconic, the US aluminium products maker, stated it is no longer selling the company, as Elliott Management failed to make an acceptable bid, sending its shares down as much as 21%.
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Wed, 23 Jan 2019 20:36:21 GMT

Canada's Husky drops MEG oil merger deal

On Wednesday, Canada's Husky walked away from the hostile bid for its competitor MEG Energy, the Canadian oil producer, despite nearly 60% support received from MEG shareholders, saying it was "insufficient" to sign a merger deal.

Wed, 23 Jan 2019 19:19:02 GMT

Citadel picks Goldman's executive to enhance macro unit

The hedge fund Citadel hired Goldman Sachs' Executive Director and the head of cross macro investments, Gilberto Marcheggiano, as it seeks to establish a unit that would take financial positions according to forecasts about the major macro events.

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