BHP Seeks Another Extension to $50 Billion Takeover Talks With Anglo American 

BHP said a further deadline extension is needed before it can reach an agreement with Anglo American on a $50 billion takeover of its London-based rival.

Royal Mail Owner IDS Agrees to $4.6 Billion Takeover by EP 

Royal Mail said shareholders would get 370 pence for each share held, a 73% premium to its closing share price on April 12, the day before EP's previous offer was made public.

Merck Nears $1.3 Billion Deal for Eye-Drug Company EyeBio 

Such an acquisition would steer a company known for its cancer immunotherapy, Keytruda, into the multibillion-dollar eye-drug market.

Blacklisted Chinese Companies Rebrand as American to Dodge Crackdown 

Firms tagged as military entities are using new names and licensing deals to try to keep their businesses going in the U.S.

Australian Bank Teams Up With JPMorgan on Anti-Scam Payment Security Tech 

JPMorgan will test an anti-scam and mistaken payment technology created by Australia's largest retail lender to make international transactions more secure.

Lenovo Expands Mideast Ties With $2 Billion Convertible Bond, Saudi Fund Deal 

The world's largest PC maker is boosting ties in the Middle East and Africa, raising $2.0 billion from a unit of Saudi Arabia's sovereign-wealth fund and inking a deal to build a manufacturing hub serving the region.

Activist Irenic Builds Stake in Trucking Company Forward Air 

Irenic Capital Management has a position of nearly 5%, making it one of the trucking company's top shareholders.

Faraday Future Intelligent Electric Withdraws Production Outlook 

The EV maker said the decision has been driven by current market conditions and funding levels.

Hess Shareholders Give Approval to $53 Billion Merger With Chevron 

Investors' green light cleared one hurdle for the tie-up to happen but a challenge by Exxon makes the final outcome uncertain.

 Ex-Pioneer CEO Says FTC Used Him as 'Scapegoat' in Exxon Deal 

Scott Sheffield says the antitrust enforcer smeared him with collusion allegations when it blocked him from Exxon's board.

(END) Dow Jones Newswires

05-29-24 0515ET