Every day, the MarketScreener team selects the most important news about listed companies across the world. Here’s a short recap for your convenience:
- Sampo acquires Topdanmark at DKK 366.38 per share.
- ING Groep targets annual revenue growth of 4% to 5% between 2024 and 2027.
- Adidas investigates allegations of widespread corruption in China.
- Banco de Sabadell postpones completion of the sale of its payment assets to Nexi following BBVA’s offer.
- Essity revises its financial targets following the sale of Vinda.
- Nestlé halts part of its Perrier production for maintenance.
- AstraZeneca obtains positive results from cancer screening tests for Calquence.
- Serbia prepares to give the green light to Rio Tinto‘s lithium mine, according to the FT.
- Pierer Mobility revises its 2024 targets downwards.
- Google loses bid to end US antitrust proceedings on digital advertising.
- Apple and Meta are expected to be charged by the EU under technology platform rules.
- Activist Starboard Value takes a stake of around $500 million in Autodesk, according to the WSJ.
- Reinold Geiger, CEO of L’Occitane International, proposes an alternative offer of new shares to minority shareholders, if they prefer it to the HKD 34 cash offer.
- Hyundai files an IPO application for its Indian subsidiary.
- Infratil raises $704 million to finance investments in data centers.
- Microsoft – OpenAI, the Microsoft-backed start-up behind ChatGPT, is considering changing its governance and abandoning its non-profit status, CEO Sam Altman told some shareholders, according to The Information on Friday evening.
- Discover Financial Services, Visa – The two groups unveiled an unspecified agreement on Friday evening, putting an end to their 2014 dispute over the payment card network. Pulse Network, the Discover Financial Services division, accused Visa of hindering competition in this market.
- Gamestop holds its annual general meeting on Monday as the video game retailer’s shares have fluctuated wildly over the past month after stock market influencer Keith Gill, known as “Roaring Kitty”, resurfaced and revealed a significant position in the group.
- Cisco – The US networking equipment and software manufacturer said on Monday that it would set up a cybersecurity center in Taiwan and work with the government to train more people to work in the sector.