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UPDATE 1-Hitachi to buy U.S. software developer GlobalLogic for $9.6 bln

UPDATE 1-Hitachi to buy U.S. software developer GlobalLogic for $9.6 bln

TOKYO (Reuters) -Hitachi Ltd said on Wednesday it will buy U.S. software company GlobalLogic Inc for $9.6 billion, including repayment of debt, as the Japanese industrial conglomerate pivots from electronics hardware to digital services.FILE PHOTO: The logo of Hitachi is seen at an office building in Zurich, Switzerland September 10, 2020. REUTERS/Arnd WiegmannThe deal is…

Commerzbank meets to discuss supervisory board seat vacancies: sources

Commerzbank meets to discuss supervisory board seat vacancies: sources

FILE PHOTO: A Commerzbank logo is pictured after the bank’s annual news conference in Frankfurt, Germany, February 12, 2016. REUTERS/Ralph Orlowski/File PhotoFRANKFURT (Reuters) – The supervisory board of Germany’s Commerzbank was making progress on Thursday evening at a meeting to fill vacancies on the board, sources with knowledge of the matter told Reuters.The bank planned…

Breakingviews -calculated

Breakingviews -calculated

FILE PHOTO: The logo of Australia’s biggest investment bank Macquarie Group Ltd adorns a desk in the reception area of its Sydney office headquarters in Australia, Oct. 28, 2016. HONG KONG (Reuters Breakingviews) – TIERING UP. Regulators have finally come knocking on Macquarie’s door. The Australian Prudential Regulation Authority on Thursday dinged the A$55 billion…