Former prime minister is latest senior politician to speak out against deal as Ofcom inquirycontinues. Sir John Major has said it is not a “good idea” for the United Arab Emirates-backed takeover of The Telegraph to go ahead. The former prime minister said he did not want newspapers to fall into “autocratic or semi-autocratic hands”....
LONDON, July 24 (Reuters Breakingviews) – A merger of two companies can be a headache; a merger of two countries even more so. The state-owned Abu Dhabi National Oil Company (ADNOC) and $15 billion OMV (OMVV.VI), 32% held by the Austrian state, are in talks to merge the two petrochemical companies they cross-hold, Borouge (BOROUGE.AD) and Borealis, into an entity...