Daily News for Dealmakers
Shell PLC said on Thursday that it is beginning a $4 billion share buyback program over the next three months to reward investors, as the energy giant reported its latest “robust” profits.
Source
Author: unknown
Mega Merger Implications: Russia's potential merger of Rosneft (ROSN.ME), Gazprom Neft, and Lukoil (LKOH.ME) aims to create an oil behemoth rivaling Saudi Aramco (ARMCO), tripling Exxon Mobil's...
Strategic Consolidation: Russia explores merging Rosneft, Gazprom Neft, and Lukoil to create the world's second-largest oil producer, surpassing Aramco and pumping nearly three times Exxon Mobil's...
Strategic Expansion: Nippon Steel's $14 billion acquisition of U.S. Steel aims to strengthen its presence in the American market and enhance global competitiveness. Political Resistance: Despite...
Failed Mega-Merger: BHP Group abandoned its £38.6 billion bid to acquire Anglo American after a six-week pursuit, marking a significant shift in the global mining landscape. Strategic Rationale:...