World news / page 11

  • 31.08.2020
  • 3343
  • everything-for-business.com
Blackstone in agreement to acquire Australia's Investa Office Fund for $2.3 billion

Australia’s Investa Office Fund and Blackstone Group on Wednesday entered into a scheme implementation agreement through which the U.S. private equity giant would acquire real estate investm...

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  • 31.08.2020
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  • everything-for-business.com
Amazon in Running to Acquire Landmark Movie Chain

1. Move would mark latest incursion into brick-and-mortar world 2. The indie-focused chain operates more than 50 theaters

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  • 31.08.2020
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  • everything-for-business.com
Michael Kors Is Close to Buying Versace for $2 Billion

Deal may be announced this week valuing Versace at $2 billion Versace had drawn takeover interest from a number of suitors

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  • 31.08.2020
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  • everything-for-business.com
German economy likely slowed in late 2017 but will be strong in 2018 - ministry

German economic growth probably slowed at the end of 2017 but strong order intake and positive business expectations suggest Europe’s largest economy will continue to be robust this year, th...

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  • 31.08.2020
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  • everything-for-business.com
Blackstone Buys Wadhawan Unit as India Firm Looks to Cut Debt

Wadhawan Global Capital, parent of an Indian mortgage lender hit by allegations of financial irregularities, sold its stake in another unit to funds managed by Blackstone LP.

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  • 31.08.2020
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  • everything-for-business.com
Corona owner invests another $4 billion in cannabis producer Canopy

Corona beer maker Constellation Brands will infuse another $4 billion into Canada’s top cannabis producer Canopy Growth, the biggest investment in the industry, to capitalize on booming dema...

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  • 31.08.2020
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  • everything-for-business.com
GSK buys Novartis stake in consumer healthcare venture for $13 billion

GlaxoSmithKline said on Tuesday it will buy Novartis’s 36.5 percent stake in their consumer healthcare joint venture for $13 billion in cash, and will also begin a strategic review of some o...

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  • 21.01.2021
  • 93
  • Reuters.com
Volkswagen faces EU penalties for failing to meet 2020 emission targets

Volkswagen faces more than € 100 million ($ 121 million) fines for failing to meet the EU's 2020 carbon dioxide (CO2) emissions targets for its passenger car fleet, the world's largest car m...

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  • 31.08.2020
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  • everything-for-business.com
Canada's Barrick Gold to buy Randgold for $6.5 billion

Canada’s Barrick Gold Corp has agreed to buy Randgold Resources Ltd in an all-stock deal valuing the Africa-focused miner at $6.5 billion, to create the world’s largest gold producer in an i...

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  • 31.08.2020
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  • everything-for-business.com
Pfizer pumps $600 million into venture capital arm

Pfizer Inc said on Wednesday it planned to invest $600 million in its venture capital fund, a quarter of which would be earmarked for promising research on neuroscience.

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  • 27.06.2022
  • 157
  • bloomberg.com
The ECB's change in rate hikes reinforces fears of a new bond crisis

European Central Bank policymakers gathered in Portugal on Monday with a sinking feeling that their push to deal with an inflation shock they failed to predict risks both a recession and ec...

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  • 31.08.2020
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(Updated) Michael Kors Buys Fashion Label Versace for $2.2 Billion

Kors changes name to Capri as it becomes a house of brands. Donatella Versace will continue to lead creative direction.

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  • 31.08.2020
  • 1955
  • everything-for-business.com
Pershing Square Holdings plans $300 million buyback

Pershing Square Holdings plans to buy back $300 million worth of its own shares, the company said on Wednesday after Dutch regulators threw up roadblocks that prevented billionaire investor...

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  • 31.08.2020
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  • everything-for-business.com
Atos to buy Syntel for about $3.57 billion

French technology services company Atos SE agreed to acquire Michigan-based Syntel Inc in an all-cash transaction valued at about $3.57 billion, including net debt, the companies said on Sun...

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  • 31.08.2020
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  • everything-for-business.com
China's HNA to sell some or all of $6.3 billion Hilton stake

China’s HNA Group Co Ltd, the heavily indebted aviation-to-financials conglomerate, plans to sell some or all of its $6.3 billion stake in Hilton Worldwide Holdings Inc, underlining its need...

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  • 08.09.2022
  • 252
  • wsj.com
Porsche family seeks iPO buyout after tearful defeat

More than a decade after Porsche's billionaire clan said goodbye to their crown jewel, the family is set to regain a more direct influence over the sports car maker.

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  • 31.08.2020
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Mastercard to invest $300 million in Network International IPO

Global payments giant Mastercard has said it will invest $300 million as a cornerstone investor in the planned London float of payments processor Network International.

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  • 31.08.2020
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  • everything-for-business.com
Exclusive: Vitol, Glencore, Shell in running for Petrobras' Nigerian assets

The world’s three largest oil traders are competing to buy the African arm of Brazil’s Petrobras (PETR4.SA) that owns stakes in two major Nigerian offshore oil blocks, industry and banking s...

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  • 31.08.2020
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China's BAIC buys 5% Daimler stake to cement alliance

China’s Beijing Automotive Group Co Ltd (BAIC) has bought a 5% stake in Daimler (DAIGn.DE), cementing their long-standing alliance after China’s Geely emerged as a potential rival by also ta...

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  • 31.08.2020
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  • everything-for-business.com
Amazon in talks to buy stake in India's Reliance Retail

Amazon.com Inc. is in talks with Reliance Industries Ltd’s retail unit to buy a stake in India’s biggest brick-and-mortar retailer, two sources with knowledge of the talks told Reuters on Fr...

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