By Dhara Ranasinghe and Wayne ColeLONDON (Reuters) - Global equity markets held at their best levels in over three weeks on Monday, reflecting some hopes that the worst of tariff pain is over, but confusion over U.S. trade policy lingered and trapped the dollar. European shares opened higher, U.S. stock futures were mixed and Asia made fractional gains at the start of an earnings-heavy week that a ...
Investing.com-- Australia’s Alkane Resources Ltd (ASX:ALK) will acquire Canada’s Mandalay Resources Corp (TSX:MND) in an all-share deal, to create a diversified mid-tier gold and antimony producer with operations in Australia and Sweden, the companies said on Monday.Under the agreement, Alkane will issue 7.875 of its shares for each Mandalay share, giving Mandalay shareholders about 55% owne ...
TOKYO (Reuters) -Shares of Toyota Industries (OTC:TYIDF) were set for their biggest daily jump on record on Monday after Japanese automaker Toyota said it was considering a potential buyout of the key parts supplier, which has a market value of 4 trillion yen ($28 billion).Toyota Industries shares remained untraded with a glut of buy orders on Monday. The bid and ask indicated that their price w ...
By Scott MurdochSYDNEY (Reuters) -The Australian Securities Exchange said on Monday it will review shareholder approval requirements for large corporate buyouts by listed companies, after investors questioned James Hardie (NYSE:JHX) Industries’ $8.75 billion deal for U.S. builder AZEK.The ASX had given the fibre-cement maker a waiver to avoid a shareholder vote on the deal, angering investors wh ...