Oilfield service consolidation to increase under Trump, report says

By Georgina McCartney HOUSTON (Reuters) – The oilfield service sector is poised for more consolidation in 2025, according to Deloitte’s 2025 Oil and Gas Industry Outlook, with President-elect Donald Trump expected loosen regulations on the U.S. oil and gas industry. The uptick in deals in the services sector would follow a wave of mega-mergers among …

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Spain’s CNMV will wait for antitrust review to decide on BBVA-Sabadell deal

MADRID (Reuters) – Spain’s stock market supervisor CNMV will wait for the outcome of the competition watchdog’s review of BBVA’s hostile bid for Sabadell before deciding on the potential authorisation of the takeover prospectus, CNMV chief Rodrigo Buenaventura told reporters on Thursday. In November, the antitrust watchdog said that BBVA’s all-share offer for Sabadell, valued …

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Analysis-Vodafone-Three merger approval marks UK antitrust shift

By Paul Sandle LONDON (Reuters) – Britain’s decision to allow two of its four mobile networks to merge is the first big sign that regulators have taken on board the government’s wish for them to prioritise economic growth and infrastructure investment over lower consumer prices. The Competition and Markets Authority (CMA) antitrust regulator cleared the …

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Britain approves $19 billion Vodafone-Three mobile merger

By Paul Sandle LONDON (Reuters) -Britain on Thursday approved Vodafone’s $19 billion merger with Hutchison’s Three UK to create the country’s biggest mobile operator after their investment promises outweighed concerns about higher customer bills. The Competition and Markets Authority (CMA) said the combined group’s network investment plan would drive competition in the long term, dropping …

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Exclusive-Slim Jim maker Conagra exploring sale of Chef Boyardee, sources say

By Abigail Summerville NEW YORK (Reuters) – Conagra Brands, the maker of Slim Jim beef jerky and Healthy Choice frozen meals, is looking to sell its popular canned pasta brand Chef Boyardee, according to people familiar with the matter. The Chicago, Illinois-based packaged food company tapped investment bank Centerview Partners to gauge interest in the …

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Updated data points to less sharp, but still negative US nonfarm payrolls benchmark revision

WASHINGTON (Reuters) – Annual benchmark revisions to U.S. nonfarm payrolls are likely to show the economy added about 668,000 fewer jobs in the 12 months through March, instead of the initially estimated 818,000, updated data suggested on Thursday. The Labor Department’s Bureau of Labor Statistics updated the Quarterly Census of Employment and Wages (QCEW) data …

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McKinsey Africa to pay $122 million in South Africa bribery scheme, US Justice Department says

By Doina Chiacu and Luc Cohen WASHINGTON/NEW YORK (Reuters) -McKinsey and Company Africa Ltd, a subsidiary of McKinsey & Company, will pay more than $122 million to resolve a U.S. investigation into a bribery scheme in South Africa, the Justice Department said on Thursday. Privately owned McKinsey Africa was charged with one count of conspiracy …

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