Corporate Actions

Takeda Pharmaceutical Co. ’s 2019 acquisition of its larger European rival Shire PLC made it one of the most indebted drugmakers in the world. Four years later, Takeda has not only brought its debt burden down…

Visa Inc. said its chief financial officer, Vasant Prabhu, is stepping down as the payments giant works to continue growing certain merchant services and…

C.H. Robinson Worldwide Inc. is standing its ground against an activist investor pushing for a quick and wide-ranging overhaul of the country’s biggest freight broker as the company battles declining freight…

Sam Bankman-Fried said cryptocurrency exchange FTX had a closer relationship than previously disclosed with its bankruptcy law firm Sullivan & Cromwell LLP, adding to questions…

Mergers and acquisitions slowed substantially in 2022 as companies faced a mix of financing challenges, including rising interest rates, a pullback in leveraged finance, bond-market jitters and the possibility of a recession.But many…

Marie-Christine Lombard has faced many disruptions during her 10 years running France-based freight-forwarder Geodis SA. Rarely have they been as complex as what the company coped with in 2022, when Geodis…

The settlements involve UOP, a subsidiary of Honeywell that manufactures catalysts used to refine oil.…

A new corporate tax on stock buybacks hasn’t worried finance chiefs enough for them to rethink their strategy.The 1% levy on buybacks, which takes effect in January, could cost companies billions of dollars, but a number of executives say…

Database startup Redis Ltd. has named Rowan Trollope its new chief executive officer, effective Feb. 1.Mr. Trollope was CEO of the cloud-based customer-service software firm Five9 Inc.…

Many big retailers are discounting heavily and earlier this holiday season to clear excess stock from their shelves and warehouses. But others, with no substantive overhang of inventory, are also offering bigger sales than usual to satisfy…