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Kohl’s shares increase on talks with Franchise over $8bn bid

  Bloomberg Kohl’s Corp shares rose in early trading after the retail chain and Franchise Group Inc said they entered exclusive talks on a potential $8 billion takeover deal. The companies said in separate statements that they entered a three-week exclusivity period to discuss Franchise Group’s offer to buy Kohl’s for $60 a share. Kohl’s shares rose 9% to $45.90 ...

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Amazon’s stock split delivers more than bargained for

Bloomberg Stock splits were all the rage early this year as indexes hovered near record highs, with companies from Amazon.com Inc. to Alphabet Inc announcing them to make their share prices more alluring to individual investors. A few months on, the market has taken care of the problem. Amazon is among companies whose stocks have tumbled since the moves were ...

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Ryanair orders South Africans to take special quiz to enter UK

  Bloomberg Ryanair Holdings Plc is ordering South Africans traveling to the UK to complete a list of questions in Afrikaans to prove their identity — only one of 11 official languages spoken in the country. Europe’s largest low-cost airline imposed the measure to prevent the use of fraudulent passports, the company said in a statement. “If they are unable ...

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