Huntington Bancshares acquires Cadence in $7.4 billion all-stock deal to Boost Southern US presence

Huntington Bancshares is purchasing regional bank Cadence Bank in an all-stock deal valued at $7.4 billion, a move intended to strengthen its existing position across the Southern US. Columbus, Ohio-based Huntington will issue 2.475 common shares for each outstanding common share of Cadence. Huntington announced on Monday that upon the completion of the deal, it…

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The quiet gear shift under way at India’s auto part makers

Large Indian component makers are collaborating with automakers closer than ever before, jointly ideating complex steering, chassis and braking systems, before building and delivering them. The shift to so-called Tier 0.5 manufacturing marks a shift in their traditional role of making individual parts as ordered, as vehicle systems become increasingly complex and diverse. Component suppliers…

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Can retail data make hot retail media hotter? The Trade Desk thinks

With over ₹31,000 crore and ₹22,000 crore in annual advertisement revenue, respectively, Google and Meta cumulatively represent more than ₹50,000 crore of direct digital ad revenues; industry estimates place their dominance in this business at 70-90% of the total market share. But slowly, the duopoly is breaking. Retail media–advertisements on e-commerce, quick commerce and other…

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