Organization

JPMorgan Chase

American multinational banking and financial services holding company

Also known as Bank of the Manhattan Company, JPMC

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EU approval of Saudi PIF EA deal

The European Commission has approved Saudi Arabia's Public Investment Fund-led $55 billion acquisition of Electronic Arts, with the deal cleared under EU merger rules after regulators found no competition concerns. It is also being reviewed under the EU's Foreign Subsidies Regulation, with a decision due by July 30, highlighting a landmark investment in gaming and entertainment while EA remains headquartered in California.

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Photo: Scott Beale / Wikimedia Commons (CC BY-SA 4.0)

Chase Investment Counsel Corp Expands Multi-Stock Holdings

Chase Investment Counsel Corp disclosed new positions in BWX Technologies, Packaging Corporation of America, MYR Group, and Silicon Motion Technology, acquiring 6,029; 2,509; 10,731; and 28,472 shares respectively, with approximate values of $1.23 million, $532,000, $3.03 million, and $3.20 million. Other institutional investors also expanded stakes in these firms during the period.

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Key facts

Country: United States
Headquarters: New York City
Inception: 1968, 2000
Website: https://www.jpmorganchase.com/, http://www.jpmorgan.com, https://homelendingadvisor.chase.com/

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