Business

Telecom Italia approves US fund's bid for network

Telecom Italia on Sunday approved an offer by US investment fund KKR for its fixed-line network, infuriating its main shareholder which vowed to contest the "illegal" decision.

Business

Vodafone sells Spain unit for up to 5.0 bn euros

British mobile phone giant Vodafone announced Tuesday the sale of its Spanish division to investment fund Zegona for up to 5.0 billion euros ($5.3 billion), as part of an ongoing overhaul.

Automotive

Stellantis, striking US auto union reach tentative deal

Stellantis and the striking United Auto Workers union have reached a preliminary agreement on a new labor contract, the two sides said Saturday, allowing members to go back to work at grounded factories.

Business

EU orders US biotech firms to unwind $7 bn merger

The European Commission on Thursday ordered US biotech giant Illumina to unwind its $7 billion purchase of cancer test pioneer GRAIL that it argues stifles competition in a key emerging public health domain.

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Deals

Deals (frequently typeset as DEAL$) is a variety store chain in the United States. It was acquired by Save-A-Lot in 2002 and by Dollar Tree in 2006. There are 138 Deals stores across many U.S. states, most of them are located in Missouri, mostly in and around St. Louis, Missouri. Deals was voted the best dollar store inside St. Louis in 2003.

Deals was founded in 1999 by Tom Holley (entrepreneur), who owned the local St. Louis Grandpa's discount store, which he sold in 1999 to Value City.

This text uses material from Wikipedia, licensed under CC BY-SA