Four consortia have expressed their interest in the German utility EWE's 26% minority stake, with the first bids expected to be made in May or at the beginning of summer and would value the deal at about $1.7-1.8B.
Volkswagen is set to cooperate with its integration partner Siemens over connecting its 122 factories to Amazon's cloud service, seeking to boost its efficiency in production, both firms announced on Friday.
Mondelez International, the Oreo cookies maker, has entered advanced talks to acquire the US food group Campbell Soup's international brands, according to a Bloomberg report.
China's electric vehicle maker NIO has restricted the investment banks involved in its initial public offering from cooperating with rivals, marking the severe competition among the Chinese electric carmakers.
Daimler Trucks agreed to acquire a controlling stake in the truck software developer Torc Robotics in the autonomous vehicle push, Daimler Trucks CEO Martin Daum stated on Friday.
The Chinese electric vehicle maker NIO has announced that it is blocking eight investment banks that were part of the company's IPO to work with any electric car makers.
On Friday, the US Treasury Secretary announced that he has held constructive trade talks with China. However, no notable announcements were made, as no numbers or actions were mentioned. Due to that reason the financial markets ignored the news.
Activist investor Elliott raised its stake in the German 3D printing company SLM Solutions to 29.8%, bringing in its new board of supervisors following a slide in the firm's share price and a couple of profit warnings.
On Friday, the owner of the toy maker Lego, Kirkbi, stated it agreed to acquire a controlling stake in the US solar development Enerparc, not disclosing the financial terms of the deal.
H&M, the Swedish fashion retailer, reported better-than-expected Q1 profit on Friday, after it had curbed discounts, selling the products at full prices, and sending its shares up 13% on the results.
JPMorgan and Nomura have received regulatory approval to build up China brokerage venture, according to the state securities watchdog's statement on Friday.
Amazon's unit Amazon Web Services is set to open new infrastructure location in Latin America's Colombia, planning to train about 2K students in the cloud technology.
Indonesia's Sriwijaya Air has cancelled its deal to lease two Boeing 737 MAX jets after the second fatal crash that included the aircraft, the company's spokesman stated on Friday.
The US pharmacy benefits manager and healthcare plan Magellan Health is reaching a board deal with the hedge fund Starboard Value, seeking for its board expansion.
About 43% of German citizens are against the Deutsche Bank-Commerzbank merger deal, according to the Insa survey revealed this Friday, while only 17% are in favour and 30% have no opinion regarding the tie-up.
The South Korean auto parts maker Myoungshin is expected to acquire General Motors' car plant in the city of Gunsan for $99.5M, MS Autotech stated on Friday.
The number of mergers and acquisitions (M&A) dropped by 17% in the first quarter of this year amid fears of no-deal Brexit, US-China trade war and global economic slowdown.
On Thursday, in the first initial public offering (IPO) the ride-sharing startup Lyft collected $24.3B despite concerns over its strategy.
In light of the end of a waiver of the US sanctions, Japanese refineries have decided to halt imports of Iranian oil until the situation is clarified.
The Japanese unemployment rate fell to 2.3% month-over-month in February, compared to 2.5% in the prior month, the government stated.
China's Huawei reported strong revenue of about $105.2B and 25.1% profit growth last year in spite of a challenging environment,-- the firm stated.
Austria reached budget surplus for the first time since 1974 in the prior year, owing to increased tax revenues, Statistics Austria stated in a report, showing the surplus equalling $478M or 0.1% of GDP.
The Russian communications watchdog threatened to block access to popular services of VPN, which allow users to get access to websites outlawed by Moscow.
The Chinese largest commercial lender ICBC reported a 4.1% net profit increase last year, with net profits attributable to shareholders remaining at $44.26B in 2018.