Bloomberg A unit of Reliance Industries Ltd acquired solar panel manufacturer REC Solar Holdings AS in a deal giving the company an enterprise value of $771 million as the Indian oil-to-retail conglomerate seeks to extend its dominance into alternative energy. The purchase of Norway-based REC Solar from China National Bluestar Group Co will help Reliance New Energy Solar expand in …

Bloomberg French grocer Auchan made a recent approach to acquire rival Carrefour SA for about $19 billion but talks to create the country’s market leader stalled over the terms, according to people familiar with the matter. Auchan had approached Carrefour about a combination that would have seen Auchan, which is owned by the Mulliez family, hold a majority stake in …

Bloomberg Walmart Inc said “the overwhelming majority” of employees required to get Covid-19 vaccines have received the shots. A “very small percentage” of the US headquarters and regional staff covered by the company mandate are partially inoculated or haven’t gotten the shots, Walmart said in an email without providing specific numbers. Employees who aren’t fully vaccinated can complete the process …