Posted in company, funds, sectors, tickers

S&P 500 Flat

The European Union blocked CK Hutchison Holdings Ltd’s (CKHUF) deal to buy Telefonica SA’s (TEF:SM) brand O2 UK, sending Hutchison’s shares down 2.07% or 25 cents to $11.80.

Canada’s InnVest REIT (IVRVF), a leading small-scale hotel investor, is being acquired by Hong-Kong-based and privately-held Bluesky Hotels & Resorts Inc for C$7.25 per unit in all-cash.

Globalization already resulted in more companies focusing on the impact of international operations and the respective currencies’ effect, in addition to fulfilling efficiently court and tax loopholes.



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