US private equity group nears deal for pharma spin-off after edging out PAI-led consortium
Prosecutors say Canadian lender failed to remedy ‘long-term, pervasive and systemic deficiencies’ because of cost controls
Chief executive Lisa Su believes Silicon Valley group is closing the performance gap with its larger competitor
Holdings of Platinum Equity and Clearlake Capital are at heightened risk of default, rating agency says
A seemingly misfired message has embroiled Albert Bourla and his company in a high-stakes activist battle
A report claims Roblox is failing to protect young users from toxic content — but investors have shrugged it off
Senator says US regulator needs to take tougher line against ‘repeat offenders’
Japanese retail conglomerate seeks to streamline its operations as it fends off bid from Alimentation Couche-Tard
It may be that a warming planet cannot be underwritten at any acceptable cost
Logistics properties have become one of the most attractive parts of the commercial real estate sector
Search group claims regulators are overreaching just as foreign and domestic rivals are gaining ground
Plus, Rio Tinto pushes into lithium production with $6.7bn deal and OpenAI considers a poison pill
Hedge fund had enlisted help from ex-chair Ian Read and former finance chief Frank D’Amelio
Firm is also weighing IPO while world’s largest money manager seeks to boost its presence in alternative investments
US plane maker’s withdrawal of pay offer threatens to compound industry problems
It is better to target the tech giant’s ability to entrench its power
ChatGPT maker considers largely untested company model to protect chief executive Sam Altman from outside interference
Justice department could seek ‘structural remedies’ such as forced product sales after judge’s ruling of illegal monopoly in search
Extreme volatility in price of key battery material reflects uncertainty over current global market for electric vehicles
The DoJ’s recommendations show how far the government is willing to go to shift the balance of power
Japan’s designation of Seven & i as a ‘core business’ means a deal will not be easy, but investors should benefit regardless
Canadian company’s non-binding offer to owner of 7-Eleven chain is 20% higher than initial rejected approach
Plane maker says union demands threaten company’s competitiveness
Plus, Ares scales up its real estate business
Fewer US students are taking up accountancy, and 75% of CPAs are near retirement
