Mergers and Acquisitions

Johnson Controls International PLC is selling its power solutions division to Brookfield Business Partners LP for $13.2 billion.

The co-founder of Flipkart, the massive online retail operation in India acquired by Walmart this year, is stepping down following an allegation of serious personal misconduct.

The latest deal is smaller than a $6.5 billion bid that prominent investor Elliott Management Corp. made in May.

MTV is expanding its live events business in the U.S. by acquiring the SnowGlobe Music Festival.

Ford Motor Co. has bought an electric scooter sharing company, expanding its presence in alternative modes of transportation.

Media and publishing giant Meredith Corp. says it is selling its Fortune brand for $150 million in cash to Fortune Media Group.

Germany's antitrust authority has cleared the planned merger of the country's two main department store chains, ruling that it doesn't threaten competition at a time when online retail is rising.

Canadian plane and train maker Bombardier Inc.

Australia's competition watchdog has approved the proposed merger of television network Nine Entertainment and newspaper publisher Fairfax Media into a media giant to be known only as Nine.

The American Cable Association, a lobbying group for midsize cable operators, is turning up the heat on Comcast over its business model.

The Australian government has warned it intends to block a Hong Kong and Chinese consortium's 13 billion Australian dollar ($9 billion) takeover bid for an energy infrastructure company because it conflicts with Australia's national interest.

The report comes days after Caesars Entertainment said CEO Mark Frissora would step down from his post in February.

President Xi Jinping has promised to open China's market wider as he opened a trade fair meant to promote the country's image as an importer, but he offered no response to U.S. and European complaints about technology policy and curbs on foreign business.

Facing a blizzard of trade complaints, China is throwing an "open for business" import fair hosted by President Xi Jinping to rebrand itself as a welcoming market and positive global force.

Facing a blizzard of trade complaints, China is throwing an "open for business" import fair hosted by President Xi Jinping to rebrand itself as a welcoming market and positive global force.

Offers are expected within the next few weeks, according to a report.