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Articles in topic terminate

Mirae Asset scraps $5.8 bln deal to buy U.S. hotels from China's Anbang

South Korea's Mirae Asset Global Investments said on Monday that it has terminated a $5.8 billion deal to buy 15 U.S. hotels from China's Anbang Insurance Group . The asset manager said in a statement that Anbang did not remedy breaches of certain obligations regarding the September contract, resulting in the termination of the deal.

[ reuters.com ] companyNews,

Boeing terminates $4.2 billion deal with Embraer

Boeing has terminated its $4.2 billion deal with Brazilian aircraft maker Embraer, the American company announced Saturday. The deal would have given Boeing a bigger stake in the market for smaller jets and help the company develop airplanes more cheaply.

[ cnn.com ]
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