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Deals

Bombardier CEO says rail deal with Alstom remains on track

Bombardier's chief executive told shareholders at its annual general meeting on Thursday that a deal to sell its rail division to France's Alstom SA remains "pretty much on track to our original timeline."

KKR buys vacation parks firm Roompot in $1.1 billion deal

U.S. private equity firm KKR said on Thursday it had reached an agreement to buy Dutch vacation parks firm Roompot from French private equity firm PAI Partners.

DoorDash valued at $16 billion in pre-IPO funding round

DoorDash said http://blog.doordash.com/doordash-raises-additional-capital-from-new-investors-8e3dc6303322 on Thursday it was looking to raise about $400 million from investors, valuing the food delivery company at about $16 billion ahead of its initial public offering (IPO).

Prudential sells Jackson equity stake to Apollo-backed Athene for $500 million

Prudential sold a minority stake in its U.S. business, Jackson, to Apollo Global-backed Athene Holding for $500 million, the insurer said on Thursday, in the first phase of its plan to create an independent U.S. business.

Vans, not glamorous, but key as EU weighs autos mega-merger

福利网站Their silhouettes don't stir dreams of adventure like a sports car or trendy SUV, but vans are a rare source of profit for European carmakers, which is why EU regulators are focused on them as they decide whether to back an industry mega-merger.

Australian regulator says Google's $2.1 billion Fitbit deal could harm competition

Australia's antitrust regulator warned Google's planned $2.1 billion acquisition of fitness tracker maker Fitbit may give it too much of people's data, potentially hurting competition in health and online advertising markets.

Hungary aims for quick decision on three-way bank merger

福利网站Hungary plans to decide "very quickly" on a proposed three-bank merger to create the country's second biggest lender, a government minister said, signalling strong political will to push ahead with the project before elections in spring 2022.

EU worried Fiat-PSA deal may hit competition in vans

Fiat Chrysler and Peugeot maker PSA's proposed merger may harm competition in small vans in 14 EU countries and Britain, EU antitrust regulators said on Wednesday as they opened a four-month investigation into the deal.

Main Street's boldest take on Wall Street in bankruptcy stock frenzy

When Bryan Quevedo received his U.S. government stimulus check last month, he invested $1,000 in the stock of bankrupt car rental company Hertz Global Holdings Inc.

Chevron puts stake in Australia's North West Shelf LNG on the block

Chevron Corp has put up for sale its minority stake in Australia's biggest and oldest liquefied natural gas (LNG) project, the North West Shelf, after drawing interest from potential buyers, the company said on Thursday.

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