State Street To Terminate Proposed Deal To Buy Brown Brothers Harriman’s Investor Services Unit

Financial services provider State Street Corp. (STT) announced Wednesday that it has mutually agreed with Brown Brothers Harriman & Co. (BBH), a financial services firm, to terminate its proposed acquisition of BBH’s Investor Services business. The decision was taken after it became clear that State Street will be unable to obtain necessary approvals from its regulators for the agreed deal. […]

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Eiffel Tower to go dark earlier as Paris saves energy

video Russia has ‘complete leverage’ over energy battle in Europe: Military expert Defense Priorities senior fellow Lt. Col. Danny Davis tells ‘Cavuto: Coast to Coast’ it will be tough for the West to maintain unity in Ukraine once winter starts and energy prices rise. Lights on the Eiffel Tower will soon be turned off more than an hour earlier at […]

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Gores Holdings, Footprint Agree To Revise Down Pro Forma Enterprise Value Of Footprint To $1 Bln

Footprint, a privately held firm focusing plant-based biodegradable products, and Gores Holdings VIII, Inc., an affiliate of The Gores Group (GRSHU), on Tuesday said that considering current market movements, the companies have agreed to slash the pro forma enterprise value of the combined firm Footprint to $1 billion, from $1.6 billion. The companies also announced the receipt of additional capital […]

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Ukraine to double energy exports amid Russian gas cuts to Europe

video FOX Business Flash top headlines for July 28 Check out what’s clicking on FoxBusiness.com. Ukraine will double its energy exports to Europe as European Union nations cope with an energy standoff with Russia amid an international gas crisis.  The European association for the cooperation of transmission system operators (ENTSO-E) confirmed Wednesday it would increase its electricity imports from Ukraine […]

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General Mills To Buy Frozen Pizza Crust Maker TNT Crust; Financial Terms Not Disclosed

Branded food company General Mills, Inc. (GIS) Wednesday announced that it has entered into a definitive agreement to acquire TNT Crust, a manufacturer of frozen pizza crusts for regional and national pizza chains, foodservice distributors, and retail outlets. The financial terms of the deal were not disclosed. As part of the acquisition, General Mills will also acquire two manufacturing facilities […]

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International Game Technology To Acquire ISoftBet In EUR 160 Mln Cash Deal

International Game Technology PLC (IGT) announced Monday that it has entered into a definitive agreement to acquire iSoftBet, an igaming content provider and third-party game aggregator, for around 160 million euros in cash. The acquisition is expected to be completed during the second quarter of 2022, subject to the satisfaction of customary closing conditions. The iSoftBet portfolio contains around 125 […]

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Biden restricting US oil, gas drilling a jobs, supply killer: American Petroleum Institute VP

Biden oil lease program giving away 50K jobs, 500K barrels American Petroleum Institute Senior Vice President Frank Macchiarola details a study that found Biden’s five-year offshore oil and gas lease programs cost the U.S. the same amount of oil imported from Russia before its invasion of Ukraine. American Petroleum Institute Senior Vice President Frank Macchiarola slammed President Biden for outsourcing […]

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