World news / page 23

Binding offer to invest through preferential share allotment Intensifies race for Fortis after TPG-backed bid, one from IHH

Manulife, Canada’s biggest insurer, said on Wednesday it had set a target to free up C$5 billion ($3.8 billion) in capital over the next three years, partly by offloading businesses that it...

Saudi Arabia’s Public Investment Fund has agreed to invest more than $1 billion in Lucid Motors, adding to the emerging competition facing U.S. electric vehicle maker Tesla Inc

BMW said it is investing 1 billion euros ($1.17 bln) in a new car factory in eastern Hungary, a project that could contribute to the country’s growth and strengthen its position as a center...

South African media and e-commerce Naspers said it was in talks to increase its stake in Avito, confirming a Reuters report that the group was close to taking control of Russia’s largest cla...

France’s La Poste is planning to buy the stake in insurer CNP Assurances held by state-owned investment fund Caisse des Depots though the details of the deal are not yet finalised, a source...

LLC "Royalo-Rent" owns the Kiev shopping and entertainment center (SEC) "Aladdin" in Darnytsa district of Kiev. Early Dragon Capital acquired several shopping centers located nearby.

Dragon Capital Investments Limited has completed the transaction for the purchase of the shopping center Victoria Gardens in Lviv from two Turkish private investors

Facebook Inc is buying a software firm that specializes in authenticating government-issued identification cards, the two companies said on Tuesday, a step that may help the social media com...

Private equity firm Thoma Bravo LLC is in early talks to buy security software company McAfee from TPG Capital and Intel Corp, a source familiar with the matter said on Friday.