Uddhav Thackeray offered to step down as Shiv Sena (UBT) chief if supporters lose faith, vowing not to hand leadership to "thieves." Addressing the party's 60th Foundation Day, he expressed regret over defecting MPs and dismissed merger talks with Congress, warning of a threat to democracy.
CNN denies reports it sidelined top fact-checker Daniel Dale to avoid antagonizing Donald Trump, amid Paramount's $110B merger with CNN parent Warner Bros. Discovery. Dale's reduced TV airtime has raised questions, though CNN states his role is multiplatform and dictated by news.
Trinamool Congress has denied any proposal or discussion about merging with the Congress following a meeting between Rahul Gandhi and Abhishek Banerjee. Sources from both parties dismissed merger rumors as "bogus" and "baseless." The meeting focused on coordinating efforts in West Bengal and strengthening the INDIA bloc for the 2029 Lok Sabha polls.
Japan's top appliance retailer Yamada Holdings is in merger talks with Edion, another major player. The combined entity would surpass Nojima, the current second-largest, in scale, though profitability remains a challenge.
Junji Ogawa, leader of the Center-Left Reform Alliance, urged Komeito Secretary-General Masahito Nishida to be cautious in his remarks regarding a potential three-party merger, emphasizing the need for consideration and respect towards the various circumstances of each party involved.
Puig is seeking new corporate operations after merger talks with Estée Lauder failed. The Catalan company's shares fell 13.44% following the announcement. Puig aims to gain volume in the competitive beauty sector through acquisitions, focusing on premium brands.
Puig's stock plummeted 13.4% after merger talks with Estée Lauder ended without an agreement. The company's shares erased gains since late March, returning to pre-negotiation levels. Analysts adjusted recommendations, with some downgrading to neutral.
Puig shares dropped 14% to €15.15 after merger talks with Estée Lauder ended without an agreement. The collapse erases gains since late March, making Puig the worst performer on the Ibex 35. Negotiations reportedly stalled over Charlotte Tilbury's stake in her namesake company.
Estée Lauder's shares rose nearly 10% in premarket trading after the company announced it terminated merger talks with Spanish beauty group Puig. Both companies are now focused on their respective strategies.
Puig shares dropped nearly 15% to 15 euros after talks with Estée Lauder for a potential merger ended due to disagreements, reportedly over Charlotte Tilbury's remuneration. Estée Lauder's stock rose in after-hours trading.
Estée Lauder and Puig have terminated merger discussions for a potential $40bn beauty and fashion group, citing disagreements over control and board representation. Investors reacted positively to the news, with Estée Lauder's shares rising after the announcement.
Puig's stock dropped over 13% on Friday after the company and Estée Lauder ended merger talks without an agreement. Puig stated this decision does not alter its strategic roadmap and remains focused on profitable growth.
Estée Lauder and Puig have ended merger talks, a deal that would have created a $40 billion luxury cosmetics giant. Estée Lauder shares rose 12% on the news as the company focuses on its turnaround plan.
American Airlines issued a statement Friday dismissing merger talks with United Airlines, saying a combination would be negative for competition and consumers. The company's shares fell more than 4% in morning trading Monday, reversing Friday gains.
American Airlines issued a statement Friday rejecting any merger talks with United Airlines, citing concerns that a combination would be negative for competition and consumers. The carrier's shares fell nearly 3% in premarket trading Monday, reversing Friday gains. United CEO Scott Kirby had floated the idea with the Trump administration in February, and a merger would create the world's largest airline with roughly 40% of domestic capacity.
