Ian Walker, The Wall Street Journal Journalist Profile

Articles

U.K. Regulator Invites Comments on DHL, Evri Deal Ahead of Potential Formal Probe

2 weeks ago | tradingview.com | Ian Walker

U.K. Regulator Invites Comments on DHL, Evri Deal Ahead of Potential Formal ProbeDHLThe U.K. Competition and Markets Authority is inviting comments from interested parties into DHL eCommerce UK's merger with U.K parcel delivery company Evri. The regulator said Wednesday that it is considering whether the deal will result in a lessening of competition within its markets.
Qualcomm to Buy Alphawave IP for $2.4 Billion

2 weeks ago | wsj.com | Ian Walker

U.K. semiconductor company Alphawave IP Group AWE 21.58 %increase; green up pointing triangle agreed to a $2.4 billion takeover from U.S. peer Qualcomm QCOM 1.14 %increase; green up pointing triangle after two months of talks. The London-listed company said Monday that accepting shareholders will get $2.48 in cash for each share held.
Bunzl Cuts Guidance, Pauses Share-Buyback Program on North American Business Softness

2 months ago | wsj.com | Ian Walker

Bunzl BNZL 1.18%increase; green up pointing triangle has cut its guidance for the year and paused its share-buyback program given the uncertain macroenvironment and resulting margin pressure in its North American business. The London-listed distribution-and-outsourcing group said Wednesday that it expects moderate revenue growth this year at constant exchange rates, driven by announced acquisitions and broadly flat underlying revenue.
STMicroelectronics Supervisory Board Expresses Support For Management

2 months ago | marketscreener.com | Ian Walker

By Ian Walker STMicroelectronics' supervisory board said it supports the management team, including Chief Executive Jean-Marc Chery and Chief Financial Officer Lorenzo Grandi. The European chip maker's comments followed press reports saying that the Italian government was withdrawing support for Chery and the management team after the board rejected Italy's nomination of Marcello Sala to its supervisory board. The comments were attributed to Italian Finance Minister Giancarlo Giorgetti.
Assura Grants Extension to KKR Consortium Takeover Deadline

Mar 14, 2025 | uk.marketscreener.com | Ian Walker

Assura said the deadline for the KKR and Stonepeak Partners consortium to make an offer for the company has been extended so that the parties can continue talks and the due diligence process. The London-listed property business said Friday that the deadline for the consortium to either make an offer for it or walk away has been extended to April 11 from today.
Roche Agrees to Develop Weight-Loss Therapy With Zealand Pharma

Mar 12, 2025 | wsj.com | Ian Walker

March 12, 2025 2:49 am ETRoche Holding agreed a collaboration and licensing deal with Zealand Pharma to co-develop a weight-loss treatment using its CT-388 medicine combined with Zealand Pharma’s petrelintide. The Swiss pharmaceutical company said Wednesday that under the deal it will make an upfront cash payment of $1.65 billion to Zealand Pharma and a further $1.2 billion in development milestones upon late-stage trials starting, as well as sales-based milestones of $2.4 billion.
Boohoo to Rebrand as Debenhams in Turnaround Plan

Mar 11, 2025 | wsj.com | Ian Walker

March 11, 2025 4:20 am ETBoohoo BOO -0.37%decrease; red down pointing triangle Group said it plans to change its name to Debenhams Group after the successful turnaround of the business it bought out of administration in 2021, and set out medium-term growth targets.
Aramco Expects Lower 2025 Dividend After Net Income Fall

Mar 4, 2025 | wsj.com | Ian Walker

Saudi Arabia’s national oil company Aramco said it expects to pay lower shareholder returns in 2025 after a fall in net profit last year. Saudi Arabian Oil Co., known as Aramco, said net income for 2024 fell to $106.2 billion from $121.3 billion in 2023. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Ashtead to Proceed With Proposed U.S. Listing Switch

Feb 11, 2025 | wsj.com | Ian Walker

Ashtead AHT 0.99%increase; green up pointing triangle Group plans to proceed with a switch of its main listing to the U.S. as flagged in December, marking a further blow to the London bourse. The FTSE 100-listed equipment rental company said Tuesday that it has discussed the rationale of a move with a wide variety of shareholders who are supportive of the plan. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Legal & General to Sell U.S. Protection Business in $2.3 Billion Deal

Feb 7, 2025 | wsj.com | Ian Walker

Legal & General LGEN 1.36%increase; green up pointing triangle Group is selling its U.S. protection business to long-term partner Meiji Yasuda Life Insurance in a deal that values the unit at $2.3 billion. The FTSE 100-listed insurance company said Friday that it expects to return an extra 1.0 billion pounds ($1.24 billion) to shareholders via buybacks upon completion of the deal.