Corporate governance - Vigil

Most of Britain’s top companies now have at least one minority ethnic board member, the government-backed Parker review, set up to improve the diversity of UK boards, said on Wednesday.

The deal, announced Wednesday, will give EQT almost €18 billion, equivalent to $19.8 billion, in additional assets for a total of more than €90 billion, boosting management fees and investment income from investments, while establishing the Stockholm-based asset manager as a major operator in Asia to complement its bigger operations in Europe and the U.S.

European Union antitrust officials gave a green light to Amazon.com proposed $6.5 billion acquisition of movie studio MGM, clearing one hurdle for the e-commerce giant ahead of a deadline for the U.S. Federal Trade Commission to deliver a verdict on the deal.

It’s one of the largest recent divestitures by a domestic tech company, and a rare return to glory for the 46-year-old, Dorval, Que.-based stalwart that had a brief run as a graphics chip powerhouse in the 1990s. The deal also comes three years after Matrox co-founders Lorne Trottier and Branko Matic ended their long-fractious business relationship.

Foxconn Technology Group, the biggest assembler of Apple Inc. iPhones, is in talks with Saudi Arabia about jointly building a $9 billion multipurpose facility that could make microchips, electric-vehicle components and other electronics like displays, according to people familiar with the matter.

Discovery Chief Executive David Zaslav received total compensation valued at $246.6 million in 2021, including nearly $203 million in options grants, more than sextupling his compensation from the year before, the company said in a securities filing Monday.

Proxy season is just around the corner, and investors in Brazilian public companies are facing a new regulatory environment. With the aim of making the country more attractive for new listings and investment, last year the Brazilian federal government issued Law No. 14.195/2021. However, one of the notable provisions of the new law, concerning plural voting, or multi-class share structures, marks a potential threat to shareholder rights.

Ian Burgess wanted to build a business around technology he co-invented while earning his PhD in applied physics at Harvard University: a colour-changing strip that identified the contents of unknown liquids based on their surface tension.

With a long list of Canadian and U.S. companies now postponing plans for initial public offerings, investment bankers say business owners will look at alternative sources of funding, such as venture capital, private equity and credit markets, to raise money or cash out.

An uncontrollable rise in nickel prices that triggered a crisis on the London Metal Exchange is now jolting one company’s takeover plans on the other side of the world.

Hedge funds that placed bullish bets on commodities are notching sizable returns from the biggest rally in decades following Russia’s invasion of Ukraine.

The global economic sanctions against Russia, and the potential impact of their application, will have significant governance implications for U.S. corporations. This will be the case regardless of whether they have been direct participants in the sanctions process or are just observers, indirectly affected by what is expected to be a significant spillover effect.

“We often think of stereotypes as things that are negative, but I think there’s an opportunity to turn those around into a really positive opportunity,” said Jones, during an interview at CNBC’s Equity and Opportunity Forum on Thursday. “Oftentimes, when people don’t expect you to do something is the best time when you can step up and deliver.”

It is the second multibillion-dollar plant investment Intel has announced in 2022. Earlier this year, it selected Ohio to erect a $20 billion chip-making facility that could expand to a $100 billion site. Intel last year said it would expand in Arizona and New Mexico, as well, as Mr. Gelsinger tries to gain a step on aggressive competitors.

Corporate disclosures over years identify British Virgin Islands-listed Norma Investments Ltd. as being controlled by Mr. Abramovich. On Feb. 24, the day Russian troops attacked Ukraine, David Davidovich, a close business associate of Mr. Abramovich, took full ownership of the entity, according to securities filings in the U.K.

Anthony Lacavera’s Globalive Capital Inc. has made a bid to buy Shaw Communications Freedom Mobile for $3.75-billion as Rogers looks to gain regulatory approval for its takeover of Calgary-based Shaw.

A consortium of private-equity firms including Elliott Management Corp. is in advanced talks to buy TV-ratings company Nielsen Holdings for about $15 billion including debt, according to people familiar with the matter.

The Securities and Exchange Commission plans to propose rules mandating disclosure from publicly traded companies about climate change and associated risks in a meeting on March 21, the agency said Thursday.

Loblaw Companies says it has signed a deal to buy Lifemark Health Group for $845-million in cash.

Robert Iger spent decades helming a company known for its animated characters. For his next act, the former Walt Disney Co. boss is backing a startup that celebrities and others are using to create avatars for the much-hyped metaverse.

Rio Tinto RIO offered to pay roughly $2.7 billion to buy out minority shareholders in Canada’s Turquoise Hill Resources Ltd., which controls a giant copper-mining operation in Mongolia, a bet on copper being in high demand.

Less than a third of corporate board seats are now held by women, despite evidence that has shown that gender diversity in boardrooms can lead to higher credit ratings and improved stock performance.