PepsiCo to waive clause in bottling deal as Carlsberg eyes $3.9 billion Britvic bid
Carlsberg said on Monday that PepsiCo (NASDAQ:PEP) has agreed to waive a clause in its bottling deal with Britvic, making the British firm a more attractive acquisition after a $3.9 billion bid by the Danish brewer was rejected. The move could pave the way for Carlsberg (CSE:CARLb) to raise its bid for soft drinks maker […]
Breakingviews: Live Nation breakup will leave Swifties unsated
Live Nation Entertainment (LYV.N), opens new tab is a company with few groupies, and the $22 billion venue owner and ticket seller can now add Uncle Sam to its list of detractors. The Department of Justice sued Live Nation on Thursday. It’s not obvious fans smarting from the sky-high cost of seeing their favorite musicians will end […]
JPMorgan CEO Jamie Dimon signals retirement is closer than ever
Jamie Dimon’s days as CEO of JPMorgan Chase are numbered — though it is unclear by how much. In a response to a question Monday about the bank’s succession planning, Dimon indicated that his expected tenure is less than five more years. That is a key change from Dimon’s previous responses to succession questions, in which his standard […]