World news

  • 31.08.2020
  • 3362
  • Bloomberg.com
iDreamSky Attracts Sony, JD.com to $200 Million IPO

iDreamSky Technology Holdings Ltd., a Chinese game distributor, has attracted Sony Corp. and JD.com Inc. as cornerstone investors for its planned Hong Kong initial public offering, people wi...

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  • 31.08.2020
  • 1338
  • Reuters.com
Flybe in talks with Virgin Atlantic for possible sale

Flybe Group Plc (FLYB.L) is in talks for a possible sale to Virgin Atlantic Airways Ltd, the British regional airline said on Friday, as it grapples with falling demand, higher fuel costs an...

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  • 31.08.2020
  • 1624
  • Reuters.com
Logitech ends negotiations to acquire Plantronics

Logitech International SA (LOGN.S), a Swiss manufacturer of keyboards and webcams, has ended discussions to acquire Plantronics Inc (PLT.N), a U.S. maker of Bluetooth earpieces and gaming he...

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  • 31.08.2020
  • 2061
  • everything-for-business.com
China's Cedar buys steel trading group Stemcor

Chinese commodities group Cedar Holdings has agreed to buy the Stemcor Group, one of the world’s biggest steel traders, for an undisclosed sum, Stemcor said on Tuesday.

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  • 31.08.2020
  • 3280
  • Bloomberg.com
Bain Said to Explore Takeover Bid for Germany

Bain Capital is exploring a takeover bid for German lighting-products manufacturer Osram Licht AG, which has a market value of 3.8 billion euros ($4.3 billion), according to people with know...

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  • 31.08.2020
  • 2609
  • everything-for-business.com
China's Great Wall agrees to buy General Motors' India plant

Great Wall Motor has agreed to buy General Motors’ car plant in India, the companies said on Friday, as the Chinese automaker expands overseas amid slowing domestic demand.

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  • 31.08.2020
  • 2086
  • 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
  • 3219
  • everything-for-business.com
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
  • 3935
  • everything-for-business.com
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
  • 2806
  • everything-for-business.com
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
  • 2435
  • everything-for-business.com
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
  • 3785
  • everything-for-business.com
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
  • 1117
  • everything-for-business.com
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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  • everything-for-business.com
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
  • 2231
  • 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
  • 3600
  • everything-for-business.com
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
  • 1897
  • everything-for-business.com
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
  • 3520
  • everything-for-business.com
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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