East West Bancorp and MetroCorp Bancshares Inc. announced today the signing of a definitive agreement for the merger of MetroCorp into East West.
Two of the biggest managed risk services providers in the world, Stiftelsen Det Norske Veritas (DNV) and Germanischer Lloyd SE (GL), got approval from competition authorities to finalize its planned merger.
At least three sources said that a recent collaboration with HCL Technologies HCL Infosystems indicated that a merger was in the works.
Fiat SpA chief executive officer Sergio Marchionne told reportersthat the merger between Italian automaker Fiat SpA and US automaker Chrysler Group LLC might be delayed because of a disagreement over the valuation of shares a retiree trust holds in Chrysler.
Because of the uncertainty as to the result of the case filed in court, the deadline of the merger between the two airlines was sought to be extended.
The projected savings for the merger of Glencore and Xstrata was at UDD500 million but nearly a year later, the savings is worth four times that projected amount.
Islamic lenders Al Salam Bank and BMI Bank agreed on a share swap merger deal.
Michigan had joined six other states in a lawsuit to block the proposed merger of US Airways and American Airways to create the world's largest airline company.
Today, Parkway Properties Inc. announced that it had agreed to merge with Thomas Properties Group Inc. in a stock-for-stock transaction.
US District Judge Colleen Kollar-Kotelly said she wanted the trial against American Airlines and US Airways to be held before the US Justice Department's proposed March 3 date.
A document released on Wednesday discussed that the US Justice Department was open to settle the antitrust lawsuit it filed against US Airways(UA) and American Airlines (AA).
American Airlines said that the scheduled March trial for antitrust issues would put its planned merger with US Airways Group at risk.
BATS Global Markets Inc. and Direct Edge Holdings LLC said that it would commence the merger last Monday.
BBA and DAE discuss merger possibilities.
CNH Industrial COO Richard Tobin is the new CEO of the merged company between Fiat Industrial and CNH Industrial.
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