Ownership changes

FILE - In this Nov. 3, 2019, file photo, a man walks past a compound for Saudi Aramco in Jiddah, Saudi Arabia. Saudi Arabia's state-owned oil company Aramco on Thursday, Dec. 5, set a share price for its IPO, that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. (AP Photo/Amr Nabil, File)
December 05, 2019 - 1:07 pm
DUBAI, United Arab Emirates (AP) — Saudi Arabia's state-owned oil company Aramco on Thursday set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. The company said it will sell its shares at 32 riyals ($8...
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FILE -In this Jan. 9, 2018, file photo, people walk by the Panasonic booth during CES International in Las Vegas. Japanese electronics manufacturer Panasonic Corp. is abandoning the semiconductor business with the sale of its last business in that sector to a Taiwanese company. Panasonic said Thursday it was transferring the semiconductor business operated by Panasonic Semiconductor Solutions Co. to Nuvoton Technology Corp. (AP Photo/John Locher)
November 28, 2019 - 1:07 am
TOKYO (AP) — Japanese electronics manufacturer Panasonic Corp. is abandoning the semiconductor business with the sale of its last business in that sector to a Taiwanese company. Panasonic said Thursday it was transferring the semiconductor business operated by Panasonic Semiconductor Solutions Co...
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People walk by Tiffany's flagship store, Monday, Nov. 25, 2019 in New York. French luxury group LVMH has agreed to buy iconic New York jeweler Tiffany & Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari. (AP Photo/Mark Lennihan)
November 25, 2019 - 1:04 pm
PARIS (AP) — French luxury group LVMH has agreed to buy New York jeweler Tiffany & Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari. LVMH said in a statement Monday it will take over the 182-year old Tiffany and its 300...
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FILE - This July 14, 2010, file photo, shows a Charles Schwab office in Oakland, Calif. Charles Schwab is buying rival TD Ameritrade for $26 billion, a blockbuster deal accelerated by disruption in the online brokerage industry. The tie-up announced Monday, Nov. 25, 2019, would create a company so big, however, that it may draw sharp scrutiny from antitrust regulators.(AP Photo/Paul Sakuma, File)
November 25, 2019 - 9:24 am
NEW YORK (AP) — Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement accelerated by massive disruption in the online brokerage industry. Competitive pressure has already forced brokerages to make it free for customers to trade U.S. stocks online, and...
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November 25, 2019 - 2:25 am
THE HAGUE, Netherlands (AP) — Dutch energy company Eneco says it has agreed to a proposed 4.1 billion-euro ($4.5 billion) takeover by Japanese corporations Mitsubishi and Chubu. Eneco said in a statement Monday that Mitsubishi will fund 80% of the deal and Chubu the remaining 20%. The company,...
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November 24, 2019 - 2:06 pm
Swiss pharmaceutical company Novartis has reached a deal to buy cholesterol drugmaker The Medicines Co. for $9.7 billion. Novartis will pay $85 per share for the New Jersey biotech company, a sharp increase over The Medicine Co.’s Friday closing price of $68.55 per share. The deal is worth $9.7...
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Italian Prime Minister Giuseppe Conte speaks during a press conference at the end of a meeting with ArcelorMittal's top management, at the Chigi Palace in Rome, late Friday, Nov. 22, 2019. Conte says steelmaker ArcelorMittal has agreed to try for a negotiated solution over the fate of a southern Italian steel plant after four-hour-long talks between Conte and ArcelorMittal executives ending Friday before midnight. (Maurizio Brambatti/ANSA via AP)
November 23, 2019 - 6:19 am
ROME (AP) — Italy’s leader says steelmaker ArcelorMittal has agreed to try for a negotiated solution over the fate of a southern plant that is one of Europe’s largest steel producers, while union leaders on Saturday clamored for authorities to protect the thousands of jobs at stake. Premier...
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November 17, 2019 - 6:28 pm
HP Inc. says its board has rejected a roughly $33.5 billion takeover offer from Xerox. The Palo Alto, California-based company said Sunday that the cash and stock deal undervalues its business and its board cited concerns about “outsized” debt levels should the companies combine. HP, which makes...
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Britain's Labour Party leader Jeremy Corbyn talks with students at Lancaster University regarding the party's plans to deliver fast and free full fibre broadband across the country, during the General Election campaign trail, in Lancaster, England, Friday, Nov. 15, 2019. Britain goes to the polls on Dec. 12. (Peter Byrne/PA via AP)
November 15, 2019 - 8:53 am
LONDON (AP) — The British Labour Party's latest plan for public ownership of big industries sent shivers through the telecoms sector Friday with an electoral promise to nationalize part of the former phone monopoly BT to provide free fiber optic broadband. Party leader Jeremy Corbyn, who outlined...
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November 13, 2019 - 1:31 am
BEIJING (AP) — Jingye Group's purchase of British Steel Ltd. gives the privately owned Chinese steelmaker a chance to grow outside a home market dominated by giant state-owned mills. The deal adds to a string of global acquisitions by Chinese companies that want to speed their growth in industries...
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