Business

  • 31.08.2020
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  • everything-for-business.com
Bloomberg could sell his company if he runs for President: Business Insider

Billionaire Michael Bloomberg said he was likely to sell his financial data and news company Bloomberg LP if he runs for president, Business Insider reported, citing an interview he gave to...

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  • 31.08.2020
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China's Anta Sports-led group buying Finland's Amer Sports for $5.2 billion

A consortium led by China’s Anta Sports made an offer to acquire Finland’s Amer Sports in a deal that values the company at 4.6 billion euros ($5.23 billion), the Chinese firm said on Friday...

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  • 31.08.2020
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Barrick Gold to sell assets, reduce head-office management: WSJ

Barrick Gold Corp. will sell a research and development company it owns and reduce its technology staff, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

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  • 31.08.2020
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IAC to Sell CollegeHumor, Which Will Cut Most of Its Workers

Longtime CH Media executive Sam Reich to acquire the business | IAC will keep minority stake in slimmed down company

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  • 31.08.2020
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CITIC to sell 22% stake in McDonald's China business to PE arm: sources

CITIC Ltd, the main listed arm of Chinese state-owned conglomerate CITIC Group, plans to sell a 22% stake in McDonald’s Corp’s mainland China and Hong Kong business, which is likely to be bo...

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  • 31.08.2020
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U.S. refinery sales hit the brakes, with 5% of capacity on block

From coast to coast, U.S. refineries are available for the taking, but nobody is buying.

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  • 31.08.2020
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Blackstone Nears Deal to Buy Stake in Allcargo’s Unit

The private equity firm will buy stake for 3.8 billion rupees | Allcargo Logistics’ board approved the investment on Monday

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  • 08.12.2020
  • 145
  • Reuters.com
Apple may block apps that don't comply with new privacy feature

Apple on Tuesday threatened to remove apps from its widely used App Store if they do not comply with a future private feature that allows users to block advertisers from tracking them in var...

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  • 31.08.2020
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Visa set to buy Plaid, the fintech that powers apps like Betterment and Venmo, for $5.3 billion

Visa announced on Monday it has agreed to buy fintech startup Plaid for $5.3 billion. | Plaid raised $250 million in a Series C in December 2018, which Visa participated in, at a reported va...

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  • 31.08.2020
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  • businessbuysale.com
Brazil's Petrobras closes $1.5 billion deal to sell stake in African joint venture

Brazil’s state-controlled oil company Petroleo Brasileiro SA said on Tuesday it had ended its activities in Africa after closing the sale of a 50% stake in Petrobras Oil & Gas BV, which hold...

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  • 31.08.2020
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Anglo American likely to confirm deal to buy Sirius ahead of deadline: sources

Anglo American Plc. is likely to confirm a deal to buy fertilizer company Sirius Minerals Plc. for more than $500 million excluding debt, ahead of an early February deadline to finalise its...

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  • 31.08.2020
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Australia's Resolute to sell Ravenswood gold mine for $207 million

Resolute Mining Ltd. said on Wednesday it will sell its Ravenswood Gold mine for up to A$300 million ($207 million) to a consortium led by resource-focused private equity firm EMR Capital.

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  • 30.08.2022
  • 197
  • wsj.com
New York Restaurant Chain Cashes in on Office Crowd

Nye's Middle Eastern food is boosting more business than before the pandemic, with steady sales on Tuesdays, Wednesdays and Thursdays.

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  • 31.08.2020
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CITIC Capital bidding for 22% McDonald's China stake: chief

Chinese private equity firm CITIC Capital is actively bidding for a 22% stake in McDonald’s Corp’s mainland China and Hong Kong businesses, its chairman and chief executive told Reuters on T...

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  • 31.08.2020
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Lebanon's Bank Audi in talks with UAE's FAB to sell Egyptian unit

Lebanon’s Bank Audi said on Thursday it was in exclusive negotations with First Abu Dhabi Bank FAB.AD to sell its Egyptian unit in a move aimed at boosting its liquidity and financial resili...

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  • 31.08.2020
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Siemens buys Indian electrification company in $296 million deal

Siemens is buying Indian electrical equipment maker C&S Electric in a 267 million euro ($296.21 million) deal, the German industrial group said on Friday.

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  • 31.08.2020
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Vodafone to sell stake in Egyptian unit to Saudi Telecom for $2.4 billion

Saudi Telecom Co., the kingdom’s biggest telecom operator, has struck a preliminary deal to buy Vodafone Group’s 55% stake in Vodafone Egypt for $2.4 billion, as it seeks growth in the Arab...

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  • 31.08.2020
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LendingClub to acquire Radius Bank for $185 million

LendingClub Corp on Tuesday agreed to buy U.S. digital lender Radius Bank in a cash-and-stock deal valued at $185 million, as it looks to gain access to a cheaper source of funding and offer...

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  • 31.08.2020
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Ally Financial to buy CardWorks in $2.65 billion deal

Auto lender Ally Financial Inc on Tuesday agreed to acquire privately held CardWorks for $2.65 billion as it looks to diversify its consumer product offerings, supported by a growing and low...

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  • 31.08.2020
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Shipping group Maersk to buy U.S. warehousing and distribution firm

Danish shipping group A.P. Moller-Maersk said on Wednesday it had agreed to buy U.S. warehousing and distribution firm Performance Team as part of plans to deliver more customized logistics...

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