Author: Reuters

Shah Capital urges Novavax shareholders to vote against three directors
May 6, 2024 No Responses

Shah Capital urges Novavax shareholders to vote against three directors

By Bhanvi Satija (Reuters) -Hedge fund Shah Capital on Monday urged Novavax shareholders to vote against the re-election of three directors and opposed proposals related to executive compensation, weeks after pushing for a board shakeup at the COVID-19 vaccine maker....
read more
Spanish bank Sabadell rejects $12.9 billion BBVA merger proposal
May 6, 2024 No Responses

Spanish bank Sabadell rejects $12.9 billion BBVA merger proposal

By Jesús Aguado MADRID (Reuters) -Sabadell’s board rejected a merger proposal by larger rival BBVA for a 12 billion euro ($12.93 billion) all-share merger, the Spanish lender said on Monday. The country’s fourth-largest lender by market value said...
read more
US financial regulators restart work on long-delayed compensation rules
May 6, 2024 No Responses

US financial regulators restart work on long-delayed compensation rules

By Pete Schroeder WASHINGTON (Reuters) – A trio of U.S. financial regulators have resumed work on a long-delayed rule-writing project to make executive compensation plans at financial firms more sensitive to risk. The Federal Deposit Insurance Corporatio...
read more
US utility Allete goes private in $6.2 billion deal
May 6, 2024 No Responses

US utility Allete goes private in $6.2 billion deal

By Seher Dareen and David French (Reuters) -U.S. utility Allete said on Monday that it had agreed a deal with investment firms Global Infrastructure Partners and CPP Investments to be taken private at a $6.2 billion valuation, inclusive of debt....
read more
US financial markets watchdog to collect data on bilateral repo
May 6, 2024 No Responses

US financial markets watchdog to collect data on bilateral repo

By Davide Barbuscia NEW YORK (Reuters) – The Office of Financial Research (OFR), a U.S. Treasury Department-based research powerhouse, said on Monday it has adopted a final rule that will allow it to collect data on certain transactions in the...
read more
1 2 3 4