Accenture (NYSE:ACN) to acquire Partners in Performance, enhancing strategic advisory and execution capabilities in asset-intensive industries through data and AI, with approximately 400 employees joining Accenture Strategy.
Johnson Controls' subsidiary agreed to a $750 million settlement with U.S. public water organizations over "forever chemicals" found in its products, without admitting liability.
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 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.
Spanish utility Iberdrola has agreed to buy the remaining 18.4% stake in Avangrid for $2.55 billion at $35.75 per share.
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.
Eight TikTok content creators are suing the U.S. government over a law that could ban the platform, arguing it violates free speech, with creators stating TikTok is vital for expression and livelihood, and they seek to prevent the law's enforcement.
U.S. billionaire Frank McCourt is spearheading a bid to acquire TikTok in the U.S., proposing a shift to an open-source protocol to empower users over their digital identities amidst regulatory pressures and ByteDance's denial of internal divestment exploration.
Capri Holdings (CPRI) dipped 1% as a judge denied Tapestry's (TPR) motion in the FTC's lawsuit against their planned merger, seeking clarification on market definition, while Tapestry shares rose 3.2%.
BHP CEO to meet Anglo American head at U.S. conference amid rejected $39 billion offer, with BHP possibly preparing to increase bid, while Anglo shareholders urge expedited release of turnaround plan amidst interest from Glencore and Rio Tinto, and pressure from activist investor Elliott Investment Management.