(Reuters) - The Australian stock exchange operator ASX said on Sunday that it had initiated a process for its rules regarding shareholder approvals for mergers and acquisitions.The ASX’s decision to review its listing process came a day ahead of fibre-cement maker James Hardie (NYSE:JHX) saying it would hold a shareholder vote before making any decision to change its ASX listing status."Under ou ...
Investing.com-- Shares of Toyota (NYSE:TM) Motor (TYO:7203) jumped on Monday after the automaker revealed it is exploring a potential buyout of its key parts supplier, Toyota Industries (OTC:TYIDF) Corp (TYO:6201).Toyota Motor Chairman Akio Toyoda has proposed a buyout of Toyota Industries, aiming to strengthen his control over Japan’s largest business empire, Bloomberg reported on Friday, cit ...
HONG KONG (Reuters) -Shares of Bright Smart Securities & Commodities Group jumped as much as 60.7% to a record upon resumption of trading on Monday after Ant Group agreed to buy a 50.55% stake in the Hong Kong-based brokerage for HK$2.81 billion ($362.26 million).The stock, whose trading was halted on April 23, touched HK$4.90, the highest since its debut in August 2010. It last traded up 33.4 ...
Investing.com -- Concerns about government IT procurement changes tied to the Department of Government Efficiency (DOGE) are casting a shadow over U.S. application software companies, particularly those with significant exposure to federal contracts, according to Citi.In a note previewing first-quarter earnings for Appian (NASDAQ:APPN) and Pegasystems (NASDAQ:PEGA), Citi analysts pointed to â ...