Tag #Acquisition

euronews.com
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Greenland Rejects Trump's Acquisition Bid

Greenland's Prime Minister Múte B. Egede rejected US President-elect Donald Trump's interest in acquiring Greenland, stating that the territory's people want to be Greenlanders, not Americans or Danes, despite the island's strategic location and natural resources; Trump's suggestion caused alarm in ...

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36% Bias Score

Peace, Justice, and Strong Institutions
dw.com
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Trump Jr.'s Greenland Visit Amidst Father's Acquisition Bid

Donald Trump Jr.'s recent Greenland trip, ostensibly for tourism, occurred amid his father's repeated attempts to buy Greenland, fueled by geopolitical interests in the Arctic's resources and a desire to counter Russian and Chinese influence; Greenland's own push for independence adds complexity.

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48% Bias Score

Life Below Water
cnbc.com
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True Religion Acquired by Acon Investments and SB360 Capital Partners

True Religion, a Y2K-era jeans brand, was acquired by Acon Investments and SB360 Capital Partners; the brand saw a 20% sales increase in 2023, reaching $280 million, and $80 million in EBITDA, marking a comeback driven by a new marketing strategy targeting a younger and more diverse demographic.

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40% Bias Score

Decent Work and Economic Growth
forbes.com
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Elevance Health Acquires Indiana University Health Plans, Expanding Medicare Advantage Presence

Elevance Health acquired Indiana University Health Plans, adding 28,600 members (19,000 Medicare Advantage and 9,600 commercial) to its Anthem Blue Cross and Blue Shield operations in Indiana, reflecting a national trend of hospital systems exiting the insurance market and increasing consolidation i...

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48% Bias Score

Good Health and Well-being
theglobeandmail.com
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Nordstrom to Go Private in \$4 Billion Deal

Nordstrom, facing declining sales and increased competition, will be acquired by its founding family and Mexican retailer Liverpool for nearly \$4 billion in cash, marking its exit from public markets after 54 years; the deal is expected to close in the first half of 2025.

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40% Bias Score

Decent Work and Economic Growth
cbsnews.com
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Nordstrom to Go Private in $6.25 Billion Deal

The Nordstrom family and Mexican retail group El Puerto de Liverpool will acquire Nordstrom for $6.25 billion, offering shareholders $24.25 per share, a 42% premium, to address challenges from discount chains and other competitors, with the deal expected to close in the first half of 2025.

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44% Bias Score

Decent Work and Economic Growth
dw.com
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Trump's Greenland Claims Raise Stakes in Arctic Geopolitics

President-elect Donald Trump's renewed pursuit of Greenland, including threats of economic pressure or military action, raises concerns about the island's future sovereignty. Greenland, a self-governing region of Denmark, is considering independence, while Trump seeks control due to the region's str...

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52% Bias Score

Peace, Justice, and Strong Institutions
english.elpais.com
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Trump Renews Push for Greenland, Panama Canal Control

President-elect Donald Trump's renewed push to acquire Greenland and regain control of the Panama Canal, coupled with his son's visit to Greenland, signals a potential for increased geopolitical tensions, defying previous rejections and raising concerns about the use of pressure tactics.

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48% Bias Score

No Poverty
cnn.com
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Biden Blocks Nippon Steel's US Steel Acquisition

President Joe Biden blocked a $14.3 billion acquisition of US Steel by Japan's Nippon Steel on Friday, citing national security concerns, despite the deal's potential to provide US Steel with crucial investments; the move has sparked debate about the balance between national security and economic in...

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48% Bias Score

Decent Work and Economic Growth
elmundo.es
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Basque Leaders Urge Blockage of Talgo Sale to Polish Firm

Presidents of Empresarios Alaveses SEA and the Álava Chamber of Commerce urged Spain and the Basque government to prevent Talgo's sale to Polish state-owned Pesa, fearing job losses and the relocation of 400 Basque suppliers; Sidenor's bid is stalled, and Trilantic is delaying its decision amidst a ...

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52% Bias Score

Decent Work and Economic Growth
nbcnews.com
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Trump Renews Bid for Greenland; Greenland Rejects

President-elect Donald Trump announced his renewed interest in the U.S. acquiring Greenland, citing national security, while Greenland's Prime Minister Mute Egede rejected the idea, asserting Greenland's sovereignty. This follows previous failed attempts by Trump and the U.S. to purchase Greenland i...

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48% Bias Score

Peace, Justice, and Strong Institutions
smh.com.au
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Whitebark Energy Soars 50% on Acquisition of Major Australian Hydrogen and Helium Project

Whitebark Energy shares soared 50% after bidding $1.7 million for King Energy, owner of Australia's largest onshore white hydrogen and helium projects in South Australia's Officer Basin, covering 19,467 square kilometers, with field operations starting in Q1 2024.

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48% Bias Score

Affordable and Clean Energy