Mergers and Acquisitions

Under the deal, IBM will acquire all of the issued and outstanding common shares of Red Hat for $190 per share in cash.

A Norwegian pension fund is doubling down on its criticism of German utility firm RWE over the power company's long-term plans to use coal.

French dairy company Lactalis has denied claims made by an investigative newspaper that it sold 8,000 tons of milk powder potentially contaminated with salmonella.

The Jacobs Engineering Group has announced plans to sell its energy, chemicals and resources unit to Australia-based WorleyParsons Limited for $3.3 billion.

The parent company of MoviePass says that it plans to spin off the discount movie ticket subscription service into a separate public company.

J&J already owns nearly 20 percent of the company.

U.S. President Donald Trump wants to rip up the rulebook for global trade.

The newly formed Magneti Marelli CK Holdings is likely to cut costs through synergies and expand its customer base as components makers try to keep up with a shift by carmakers into autonomous driving, connected cars and electric vehicles.

Fiat Chrysler Automobiles has announced the sale of its auto components division to Japanese automotive component supplier Calsoni Kansei Corporation in a deal valued at 6.2 billion euros ($7 billion).

Starbucks is restructuring its European operations after several years of slowing sales.

Spanish police have arrested a former Venezuelan official and an exiled opposition leader's relative and seized more than 115 properties in a money-laundering investigation into a ring that allegedly bought real estate in Spain with illicit funds from Venezuela.

The Swiss healthcare company is paying 24 dollars per share in cash for Endocyte.

Sears has filed for Chapter 11 bankruptcy protection, buckling under its massive debt load and staggering losses.

Defense contractors Harris Corp. and L3 Technologies are combining to form one of the world's largest defense companies.

Walmart says it's buying online lingerie retailer Bare Necessities, the latest acquisition in its niche-brand buying spree.

The move expands the iPhone maker's chip operations in Europe.

Stocks that moved substantially or traded heavily Wednesday: Sears Holdings Corp., down 10 cents to 49 cents The Wall Street Journal reported that the struggling retailer was preparing a bankruptcy filing.

A Louisiana-based home health and hospice company says it's buying a nationwide hospice company based in New Jersey, and will become the nation's third-largest hospice provider.

The proposed $69 billion merger between CVS Health and Aetna is getting a greenlight from the Department of Justice, with some conditions.

The drug-insurer deal won conditional approval, potentially paving the way for lower consumer prices.