Category : Search result: oil acquisition


Unilever sells Ben & Jerry's to Greenfield Partners

Consumer goods giant Unilever has offloaded the ice cream brand Ben & Jerry's to its long-time licensee, Greenfield Partners, following a protracted legal and political battle over its operations in Israel and the West Bank.

JD.com in £1.4bn Talks to Buy Argos from Sainsbury's

Chinese retail giant JD.com is in advanced talks to acquire Argos from Sainsbury's in a potential £1.4bn deal, a move that could reshape the UK's non-food retail landscape and mark a major strategic shift for the supermarket chain.

Chinese nationals exploit loophole to buy Texas land

An exclusive Guardian investigation reveals how Chinese investors are exploiting a US legal loophole to purchase vast tracts of Texas land, raising national security concerns and prompting calls for stricter oversight.

Sainsbury's in Talks to Sell Argos to China's JD.com

Sainsbury's is in exclusive negotiations to sell its Argos general merchandise division to China's JD.com in a landmark deal that could reshape the UK's retail landscape and mark a major strategic retreat for the supermarket chain.

Sainsbury's Sells Bank to China's Ping An in Strategic Shift

Supermarket giant Sainsbury's is in exclusive negotiations to sell its lucrative banking division to Shenzhen-based Ping An Insurance Group, marking a major strategic shift and a significant Chinese investment into the UK's retail banking sector.

Trump Threatens Russia Sanctions Over NATO Oil Purchases

Exclusive: Former President Donald Trump declares he will impose severe sanctions on Russia if NATO member states refuse to halt purchases of Russian oil, signalling a major shift in US foreign policy approach.

Hundreds of 'Shadow' Tankers Exposed in Baltic Sea

A major investigation reveals a clandestine fleet of over 600 tankers is operating in the Baltic Sea, using opaque ownership and dubious insurance to transport Russian oil, raising serious environmental and security risks for the region.

Next Acquires Cath Kidston in Major High Street Rescue

British retail giant Next has swooped to acquire the iconic Cath Kidston brand, saving it from administration and securing 125 jobs. The deal includes the brand, domain names, and intellectual property, but all UK stores will close permanently.

Samantha Cameron's Cefinn Label Acquired

The premium womenswear brand Cefinn, founded by former Prime Minister's wife Samantha Cameron, has been sold to private investment firm Level Five in a deal securing its future.

North Sea Oil: £450bn Boom or Climate Doom?

Explosive new report reveals the staggering economic value of North Sea oil versus climate targets. Discover the fierce political battle raging over the UK's energy future.

Anglo American Rejects £34bn BHP Takeover Bid

London-listed mining titan Anglo American has emphatically rejected a colossal £34 billion takeover proposal from Australian rival BHP, branding the bid 'highly unattractive' and opportunistic. The deal would have created a global mining behemoth.

BlackRock's £2.1bn Aletto Power Acquisition Finalised

Investment titan BlackRock secures a landmark $2.6 billion deal to acquire Minnesota Power's parent company, Aletto. This strategic move signals a major shift in energy sector ownership and raises pivotal questions about renewable investment and market co

Teen coder sells AI app for millions in landmark deal

Exclusive: 18-year-old Zach Yadegari becomes an overnight tech millionaire after his revolutionary AI-powered keyboard app, 'TypeAI', is acquired by a major New York firm in a landmark seven-figure deal.

Trump Threatens India With Tariffs Over Russian Oil

Former US President Donald Trump's advisors issue a stark warning to India, threatening tariffs if Narendra Modi's government continues purchasing Russian oil, potentially straining US-India relations.

India's Russian oil windfall from Ukraine sanctions

Exclusive analysis reveals how India has capitalised on Western sanctions against Russia, saving billions on energy imports while becoming a key supplier of refined fuels to Europe, in a dramatic reshaping of global oil markets.

John Lewis Resurrects Topshop in Surprise ASOS Deal

The John Lewis Partnership has acquired the Topshop, Topman, and Miss Selfridge brands from ASOS in a surprise move, planning to reintroduce the iconic labels to the British high street through its department stores and potentially Waitrose supermarkets.

Market Basket Mediation: Arthur T Demoulas Fights for Control

Exclusive: Arthur T. Demoulas, the ousted CEO beloved by workers, enters mediation in a dramatic final attempt to buy back the 50.5% stake of the Market Basket grocery chain and end the family feud that has paralysed the business.

Kraft Heinz Merger Faces Potential Split by Investors

Exclusive: The multi-billion pound Kraft Heinz merger is under intense scrutiny as major investors push for a potential breakup of the food and condiment titan. Analysts suggest a split could unlock significant value.

Royal Mail Profits Double Under Kretinsky's Takeover

Under Daniel Kretinsky's ownership, Royal Mail reports a dramatic profit surge to £348m, marking a stunning turnaround for the former state monopoly and silencing critics of the controversial acquisition.

Dwayne Johnson Plans UFC Purchase For Oscar Role

Hollywood megastar Dwayne Johnson discloses his ambitious plan to acquire the UFC as a strategic move to bolster his credibility for an Oscar-winning role, in a candid conversation with filmmaker Benny Safdie.

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