Tag Archives: giant

Small Firms, How Will Merger of These Two Giant Trucking Companies Affect You?

Two of the nation’s largest trucking companies announced plans to merge Monday, creating a trucking behemoth worth more than $5 billion. Swift and Knight Transportation Merge Swift Transportation and Knight Transportation announced an all-stock transaction that will merge the two trucking companies with Swift shareholders owning 54 percent, and Knight holders owning the remaining 46 percent, according to the Wall Street Journal. ... Read More »

Kraft Heinz approaches consumer goods giant Unilever about possible merger

US food giant Kraft Heinz has approached Unilever about a merger that would represent one of the biggest tie-ups in corporate history, but the Anglo-Dutch company declined a deal. “Kraft Heinz confirms that it has made a comprehensive proposal to Unilever about combining the two groups to create a leading consumer goods company with a mission of long-term growth and ... Read More »

Telecoms giant to buy stake in cab-hailing firm Careem

Talks aimed at averting a British Airways cabin crew strike over Christmas are to be held on Monday, conciliation service Acas says. Members of the Unite union are due to walk out on Christmas Day and Boxing Day in a row over pay and conditions. An Acas spokesman said BA and Unite had accepted their invitation to attend conciliation talks ... Read More »

Palm oil giant Olam accused over sourcing

Palm oil giant Olam has been accused of using suppliers that may use unsustainable practices in parts of Southeast Asia. The claims against the agricultural commodities trader were made in a report by Mighty, a US-based environmental lobby group. Mighty also accuses Olam and its main stakeholder, Singapore state-owned investment company Temasek, of turning a blind eye to these practices. ... Read More »