Tag: consolidation
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The rising fear that Europe really is doomed
The fear takes hold Across Europe, a growing sense of unease is spreading among policymakers, business leaders, and workers: is the continent’s industrial future at risk? The unease isn’t born of a single crisis but a convergence of forces—rising energy costs, strategic dependence, and a flurry of corporate consolidation—that together threaten to tilt Europe’s balance…
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Danantara’s Bold Plan: Slashing Indonesia’s State Firms to Stop Cannibalization
Overview: Danantara’s Strategic Redesign In a sweeping move reflective of deeper fiscal reforms, Danantara, Indonesia’s sovereign wealth fund, has intensified its plan to dramatically reduce the number of state-owned enterprises (SOEs). The aim is to curb internal competition that officials describe as “cannibalization,” where multiple state-backed businesses end up competing against each other for limited…
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Should You Pursue Credit Card Debt Relief This November? Experts Weigh In
Overview: Why November Is a Critical Time for Credit Card Debt American households are contending with record-high credit card debt, now exceeding $1.21 trillion. With inflation lingering and interest rates fluctuating, many borrowers face mounting minimum payments and tighter budgets. November—a month packed with holiday spending, end-of-year bills, and annual financial planning—often becomes a turning…
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Sunoco completes cash-and-stock deal to buy Parkland
Sunoco completes multi‑billion takeover of Parkland Sunoco LP has finalized its long‑planned acquisition of Parkland Corp., marking a major consolidation in the North American energy and convenience store sector. The deal, valued at US$9.1 billion when announced and inclusive of assumed debt, closes after months of regulatory scrutiny and market anticipation. The completion signals a…