Shell to Move HQ to London Amid Energy Transition
$ROYAL DUTCH SHELL(RYDAF.US)$ plans to consolidate its dual British and Dutch structure and relocate its headquarters to London, a move it said would help facilitate returns to shareholders and make it simpler to change up its portfolio of assets.
Roblox Looks to Bring Educational Videogames to Schools
The company is starting with a $10 million investment for nonprofits to develop games, its first such funding, amid a push to help build out the metaverse.$Roblox(RBLX.US)$
CyrusOne to Be Sold in $15 Billion Deal
KKR & Co. and Global Infrastructure Partners are to acquire all shares outstanding of the data center REIT $CyrusOne Inc(CONE.US)$ for $90.50 apiece in an all-cash transaction.
Could Boeing and Airbus Make Too Many Jets?
The aircraft giants' demand forecasts for the next two decades see little damage from the pandemic, underlining the risk that they overproduce.$Boeing(BA.US)$
Tyson's Meat Production Falls Amid Labor Shortages
Sales grew as the company shared more of the burden of higher input prices with customers.$Tyson Foods(TSN.US)$
Heineken Looks to Tap Growth in Africa With Duo of Deals
The world's second-largest brewer said it would take control of cider, wine and spirits maker Distell and buy the remainder of Namibia Breweries it doesn't already own, broadening its exposure to a region considered among the world's most attractive growth markets for booze.$HEINEKEN HOLDING(HKHHF.US)$
SPAC Led by Former L'Oréal Executives to Form $1.2 Billion Beauty Company
Waldencast plans to acquire skincare company Obagi and makeup maker Milk Makeup.
Spanish Lender BBVA Offers to Buy Out Rest of Garanti in Bet on Turkey
$Banco Bilbao Vizcaya Argentaria(BBVA.US)$, Spain's second-largest lender by assets, plans to double down on its presence in Turkey, offering to buy out the 50.2% of Garanti that it doesn't already own.
Airbus Says It Can't Meet Current Demand for Single-Aisle Jets
The European planemaker's sales efforts have been hindered by production capacity constraints for its popular A320 for the next three years.$AIRBUS SE(EADSY.US)$