Abercrombie Shares Drop Despite Strong Holiday Sales Abercrombie & Fitch, the renowned American retailer, has recently faced a setback as its shares took a dip by 7.4 percent in Monday’s premarket trading session in New York. This decline comes as a surprise considering the company’s impressive performance in the past year, where its shares witnessed […]
European Commission Approves e&’s Acquisition of Czech PPF Telecoms
The European Commission has recently granted approval for Emirates Telecommunications Group (e&) to acquire Czech PPF Telecoms assets in a deal valued at €2.15 billion. This strategic acquisition covers telecommunications operations in several European countries, including Bulgaria, Hungary, Serbia, and Slovakia. However, the approval did not come without rigorous examination and conditions aimed at ensuring […]