December 22, 2021 12:06 pm
Global investment firm KKR and global music company BMG said on Tuesday that they had acquired the entire music interests of American Blues Rock legends, ZZ Top. The agreement includes a buyout of the band’s publishing catalogue and their income from recorded royalties and performance royalties, the companies said. ZZ Top have sold more than […]
Read moreDecember 22, 2021 11:06 am
Global professional services firm Huron Consulting Group Inc (HURN) said on Tuesday that it had entered into a definitive agreement to buy Perception Health Inc, a healthcare predictive analytics company. The acquisition, whose financial details remained undisclosed, is expected to be finalized this month. After the deal closes, Perception Health is to become part of […]
Read moreDecember 21, 2021 8:37 am
Underwriter of specialty insurance Argo Group International Holdings Ltd. said on Monday that it had agreed to sell its Malta business operations, ArgoGlobal Holdings (Malta) Ltd. and its subsidiaries, to Riverstone Holdings Limited, part of the RiverStone International Group. The transaction, whose terms remained undisclosed, is expected to close during the first half of 2022, […]
Read moreDecember 20, 2021 8:42 am
According to Sergei Kogogin, the Chief Executive Officer of Russia’s Kamaz, the company is exploring the option to bring in prisoners to work at its key facilities in an attempt to make up for a workforce shortage. Russia’s largest truck maker has encountered a shortage of 4,000 staff at its production plants in Naberezhnye Chelny, […]
Read moreDecember 19, 2021 12:01 pm
AMC Entertainment Holdings Inc (AMC) said earlier this week almost 1.1 million people had watched “Spider-Man: No Way Home” at its theaters in the United States, which has been a record opening for a movie across AMC theaters in December. “This was the single highest number of people watching one movie on one day at […]
Read moreDecember 17, 2021 8:40 am
Christmas break at Volkswagen’s Skoda Auto will be extended until January 10th, unions at the largest Czech auto maker said in their weekly bulletin, as the auto sector continues struggling with disruptions in parts deliveries. The break is to start on December 23rd at Skoda, but only part of it will be counted as a […]
Read moreDecember 16, 2021 11:15 am
Ford Motor Co’s (F) 2021 Bronco four-door Sport Utility Vehicle failed to obtain a “Top Safety Pick” rating, the Insurance Institute for Highway Safety (IIHS) said, due to faulty head restraints and headlights. According to the IIHS, the Bronco’s head restraints did not manage to provide good protection against whiplash injuries, while the vehicle headlights’ […]
Read moreDecember 16, 2021 9:37 am
Toyota Motor Co (7203) said earlier this week it intended to assemble 800,000 vehicles worldwide in January, which would be a record number for that month, in an attempt to compensate for production lost to parts shortages. Toyota’s January production plan represents a surge of 60,000 vehicles compared to the same month a year ago. […]
Read moreDecember 16, 2021 8:45 am
Citizens Financial Group Inc (CFG) said on Wednesday that it had signed a definitive agreement to acquire substantially all of the assets of DH Capital LLC, a private investment banking firm that provides services to companies in the Internet infrastructure, software and next generation IT service fields. Financial terms of the acquisition, which is expected […]
Read moreDecember 15, 2021 12:31 pm
Workiva Inc (WK) said on Tuesday that it had acquired AuditNet, a global audit content and services provider. Financial details of the agreement remained undisclosed. AuditNet established the world’s first online portal for the global audit community and serves as a primary communications resource where over 160,000 audit practitioners access and share content, resources as […]
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