Castel CEO’s fate in limbo amid clash over shareholders’ vote
The disputed outcome marks a a new point of contention in the escalating clash between Clerc and the Castel family — The clash between the top…
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Shareholders
Warner Bros. Discovery Says Over 93% of Shareholders Have ‘Rejected Paramount’s Inferior Scheme’ in Favor of Netflix Deal
Warner Bros. Discovery fired back at the latest salvo from David Ellison’s Paramount Skydance, saying that more than 93% of its shareholders have rejected Paramount’s “inferior scheme” in…
Netflix Upgrades Warner Bros. Deal to All Cash; Shareholders to Vote on $83 Billion Sale by April
Netflix has officially agreed to pay all cash for Warner Bros. Discovery‘s studios and HBO Max business — a move aimed at thwarting Paramount Skydance’s rival takeover campaign. Netflix…
Low Keng Huat controlling shareholders up offer price to S$0.78 per share, extends closing date
Revised offer represents an increase of 8.3% or S$0.06 over the initial offer price The offerors for Low Keng Huat have raised the offer price for the property developer to S$0.78 a share…
Low Keng Huat controlling shareholders up offer price to S$0.78 per share, extend closing date
Revised offer represents an increase of 8.3% or S$0.06 over the initial offer price The offerors for Low Keng Huat have raised the offer price for the property developer to S$0.78 a share…
Hang Seng Bank shareholders approve HSBC’s US$13.6 billion buyout proposal
Shareholders of Hang Seng Bank on Thursday (Jan 8) voted for a plan floated by its majority owner HSBC to take the bank private, in a landmark move to further boost the Asia-focused…
Electronic Arts shareholders approve US$55 billion sale to Saudis
ELECTRONICS Arts shareholders approved the US$55 billion sale of the company, a leading video-game publisher, in a deal led by Saudi Arabia’s Public Investment Fund. Investors in the…
ANZ hit with second “strike” as shareholders dissent over pay report
AUSTRALIAN lender ANZ Group’s new CEO will forgo his short-term bonus this year, while a significant minority of shareholders opposed the bank’s executive pay report at its 2025 annual…
Hans Patuwo gets GoTo shareholders’ nod as CEO amid investor push for Grab deal
Shareholders of Indonesia’s digital giant GoTo Group have approved the appointment of Hans Patuwo as president director and chief executive officer. The appointment was approved at GoTo’s…
Paramount Claims WBD Is Overvaluing CNN, TBS and Other TV Networks — Alleging That Means Netflix’s Deal Is Worse for Shareholders
A core argument of Paramount Skydance‘s hostile takeover bid for Warner Bros. Discovery is this: WBD’s cable networks like CNN and TBS are not worth as much as the David Zaslav-led…
Pierre Hotel’s Potential Sale Still Divides Shareholders Heading Into the Holidays
Like the luxury stores a few blocks south on Fifth Avenue, the Pierre Hotel is decked out with holiday decorations, but the residents of the hotel remain entangled in a dispute about the…
Mandarin Oriental shareholders approve Jardine Matheson privatisation offer
Shareholders of Mandarin Oriental International on Monday (Dec 8) voted in favour of Jardine Matheson’s cash takeover bid that values the hotel group at about US$4.2 billion. The…
Jardine Matheson’s bid to privatise Mandarin Oriental gets shareholders’ nod
The required majority are in favour of the scheme of arrangement at US$3.35 a share Shareholders of Mandarin Oriental International on Monday (Dec 8) voted in favour of Jardine Matheson’s…
Low Keng Huat controlling shareholders launch delisting offer at S$0.72 a share
The cash offer price represents a premium of 17.1% over the last transacted price of S$0.615 per share The majority shareholders of Low Keng Huat (Singapore) (LKH) have launched a…
Warren Buffett warns ‘Father Time’ is catching up and reflects on his life in a letter to shareholders
Billionaire Warren Buffett warned shareholders Monday that many companies will fare better than his Berkshire Hathaway in the decades ahead because of its massive size, though others might…
SingPost’s new chief urges shareholders against reading too much into how Singtel is involved in SingPost
Singapore Post’s (SingPost) new chief Mark Chong – previously group chief corporate officer at Singtel – suggested that the market not “read too much into how Singtel is involved in…
Tesla shareholders approve US$878 billion pay plan for Elon Musk
Tesla CEO Elon Musk scored a resounding victory on Thursday as shareholders approved a pay package of as much as US$878 billion over the next decade, endorsing his vision of morphing the…
Tesla Shareholders Approve Elon Musk’s $1 Trillion Pay Package
On Thursday, Tesla shareholders approved an unprecedented $1 trillion pay package for CEO Elon Musk. The full compensation plan will go into effect by 2035—assuming Musk and the company…
Tesla shareholders will vote on whether to make Musk the world’s first trillionaire
Elon Musk turned off many potential buyers of his Tesla cars and sent sales plunging with his foray into politics. But the stock has soared anyway and now he wants the company to pay him…
Is Elon Musk worth $1 trillion? Shareholders get to decide
Tesla shareholders have just days left to vote on whether to approve a staggering pay package for chief executive Elon Musk that could award him nearly $1 trillion in shares. Musk could…
Keppel vows to use part of cash unlocked in asset monetisation to reward shareholders
Global asset manager and operator Keppel on Thursday (Oct 30) said it would use part of the cash unlocked from its ongoing asset monetisation – including the proposed divestment of M1’s…
Disney Shareholders Demand Documents Related to Jimmy Kimmel Suspension About Whether Company Committed ‘Wrongdoing’ by ‘Capitulating’ to Trump Administration
A group of self-described “pro-democracy” organizations sent a letter to Disney chief Bob Iger on behalf of two shareholders demanding details about ABC’s decision to suspend Jimmy Kimmel…
Nvidia announces $5 billion investment in Intel, making it one of its biggest shareholders
Nvidia said on Thursday it would invest $5 billion in Intel, throwing its heft behind the struggling U.S. chipmaker just weeks after the White House engineered an extraordinary deal for…
Kering Shareholders Approve Appointment of New CEO Luca de Meo
PARIS — Kering shareholders on Tuesday approved the appointment of Luca de Meo as chief executive officer, clearing the way for the turnaround specialist to officially join the ailing…