Activist Investor Elliott’s Bold $1 Billion Stake in Johnson Controls Amid 52% Rival Surge
Elliott Investment Management has acquired over $1 bn stake in Johnson Controls (JCI), whose recent performance has lagged behind peers Carrier and Lennox.
Nippon Steel’s Bold $15B Move: Top Executive Heads to US for US Steel Acquisition
Nippon Steel will send an executive to the U.S. next week to finalize its ~$15B acquisition of US Steel, amid competing bids from Cleveland-Cliffs and ArcelorMittal.
Iberdrola’s Bold $2.55 Billion Move to Fully Acquire Avangrid Shakes Up the Market
Spanish utility Iberdrola has agreed to buy the remaining 18.4% stake in Avangrid for $2.55 billion at $35.75 per share.
Accenture Boosts Digital Edge with Acquisition of 1,000 Experts from OpenStream Holdings
Accenture (ACN) is acquiring Japan-based OpenStream Holdings, adding about 1,000 cloud and digital experts to enhance its technology and digital engineering and manufacturing capabilities in Japan.