merger

Flint-Linked Veolia Merger Brings Water Privatization Closer to “Global Reality”

Veolia, one of the world’s largest private water corporations, has just announced the acquisition of 29.9 percent of Suez Water, another of the planet’s largest multinationals, with a plan to gain full control at a later date.
Based in France, Veolia already employs nearly 100,000 people worldwide, and this deal is set to greatly expand that. In order to get around French anti-monopoly laws, Suez will continue to operate in France, but Veolia will take over its operations around the world, including in the United States.

Following New FCC Rules, Massive Corporate Consolidation Of Local News Underway

Trump’s news FCC commissioner Ajit Pai presents his dissent during a Federal Communications Commission (FCC) hearing at the FCC in Washington. (AP/Susan Walsh)
In a deal that will allow one broadcasting company to reach 72 percent of U.S. households through ownership of local news stations, it was reported this week that Sinclair Broadcast Group is buying Tribune Media for nearly $4 billion.

U.S. States Join Gov. Probe of Bayer-Monsanto, Dow-DuPont Mergers

Several U.S. state attorneys general will join the pending federal antitrust investigations into the multi-billion dollar mergers between Bayer and Monsanto, and Dow and DuPont. [1]
The attorneys general will be able to provide data on how the prospective mergers – which are expected to be approved – would affect their jurisdictions and jointly conduct calls to gather information from the companies, their opponents, and supporters of the deals.

Monsanto Gets the First CRISPR License to Modify Crops

Monsanto announced last week that it licensed the CRISPR-Cas9 gene-editing tool from the Broad Institute in Boston for use in seed development. The technology will allow the agritech giant to edit crops’ DNA by “snipping” away undesirable traits – or adding in more desirable ones – of the plants’ genetic codes. Frankenfood? [1]
Source: Business Insider