Amazon fined by UK regulator over tardy documents release in Deliveroo probe

Britain’s competition regulator on Monday fined Amazon (AMZN.O) 55,000 pounds ($72,364) after the U.S. online giant delayed an investigation into its purchase of a 16% stake in food platform Deliveroo by failing to provide documents on time. The Competition and Markets Authority (CMA) finally cleared Amazon’s stake purchase in August – 16 months after the […]

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Renault to develop, build next-generation Nissan Micra

French carmaker Renault will develop and assemble the next generation of partner Nissan’s Micra models, a senior executive at the Japanese firm said, as the two companies try to reboot their alliance with tighter cooperation in production. Ashwani Gupta, Nissan’s chief operating officer, said in an interview with France’s Le Monde newspaper published on Monday […]

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AB InBev starts search for long-time CEO Brito’s successor

Budweiser beer maker Anheuser-Busch InBev (ABI.BR) has started searching for a replacement for its long-serving chief executive Carlos Brito, the Financial Times reported here on Monday. The world’s biggest brewer is considering external candidates to replace Brito, who has been its CEO for 16 years and has overseen a string of mergers that transformed two […]

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Worldline $9.2 billion Ingenico deal may need EU concessions

French payments company Worldline’s (WLN.PA) 7.8 billion euro ($9.23 billion) bid for Ingenico (INGC.PA) may require concessions to gain European Union antitrust regulator approval, people familiar with the matter said on Monday. The acquisition by Worldline, which was born out of French IT company Atos (ATOS.PA), is emblematic of a wave of mergers and acquisitions […]

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