Transnational agrochemical and seed giant Monsanto has reiterated its desire to merge with fellow chemical-producing behemoth Syngenta, a company that has already rebuffed three previous purchase attempts by Monsanto.
Two states are investigating Apple for potentially colluding with or pressuring music companies to favor its new Apple Music, its new paid subscription service, to the detriment of Apple’s competitors. The US government and EU are also probing the issue.
US leading broadband company Charter Communications has acquired Time Warner Cable in a deal worth $78.7 billion. The new company is expected to become one of the largest cable and broadband operators in the US.
The General Prosecutor’s Office has petitioned a Moscow court to extend house arrest for Vladimir Yevtushenkov, head of Russia’s biggest conglomerate AFK Sistema. This is to prevent the billionaire fleeing abroad or destroying evidence, prosecutors say.
The Russian government has won court approval to seize shares in Bashneft, the country’s fifth largest oil company, after the CEO of the holding company was accused of illicitly privatizing the company’s assets.