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Pfizer is looking to sell its remaining stake in Covid-19 vaccine partner BioNTech, a remnant from one of the pandemic’s most lucrative collaborations. The US drugmaker is offering about…
PARIS — The LVMH Watches Division has acquired a minority stake in Swiss manufacturer La Joux-Perret. Financial terms of the deal were not disclosed. They concurrently struck a strategic…
On Tuesday, SoftBank, the Japanese financial giant, announced plans to dump all 32 million of its shares in Nvidia, the AI chip maker. The news won’t be the needle that pops the AI bubble,…
The Japanese tech investor needs the proceeds for initiatives including the US$500 billion Stargate project to expand US data-centre capacity SoftBank Group’s US$5.8 billion sale of its…
Elliott said the proposed deal undervalued the company, lacked transparency and fell short of proper governance practices Toyota Motor’s planned buyout of group firm Toyota Industries is…
State governments shouldn’t profit from gambling addiction. Source link
PARIS – Hermès International has acquired a 15 percent stake in Italian mill Lanificio Colombo, the company confirmed to WWD. Financial terms of the deal were not disclosed. Lanificio…
The sale reduces Singtel’s effective stake in Bharti Airtel to 27.5% from 28.3% Singtel announced its indirect wholly-owned subsidiary Pastel has raised gross proceeds of about S$1.5…
A Singapore Telecommunications unit offered to sell shares in Indian mobile carrier Bharti Airtel in a deal that may fetch US$1.2 billion, terms of the offering show. The unit, Pastel,…
The company has secured supply deals with other major customers and expectations have risen that the company will be able to supply its latest high-bandwidth memory products to Nvidia The…
The Webster has a new majority owner. The luxury multibrand retailer has sold a majority stake to the British retail conglomerate Frasers Group, effective immediately. Financial details…
Longtime Hollywood agent Ari Emanuel has launched MARI, his events and experiences company after it closed its acquisitions of IMG’s portfolio of international tennis events and art…
The offeror, AFG Investment, is looking to acquire a 27.35% stake in the mainboard-listed hospitality player for S$0.11 per share A consortium comprising jewellery retailer Aspial Corp and…
The purchase of its first pure-play retail asset marks its expansion into the retail sector Keppel Real Estate Investment Trust (Reit) has entered an agreement to acquire a 75 per cent…
This marks its expansion into the retail sector, the manager’s chief executive says Keppel Real Estate Investment Trust (Reit) has entered an agreement to acquire a 75 per cent interest in…
INTERCONTINENTAL Exchange, the parent of New York Stock Exchange, is in talks to invest US$2 billion in Polymarket, The Wall Street Journal reported on Tuesday (Oct 7), citing people…
Advanced Micro Devices (AMD) said on Monday (Oct 6) it will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of US dollars in annual…
The U.S. government is taking a minority stake in Lithium Americas, a company that is developing one of the world’s largest lithium mines in northern Nevada. The Department of Energy will…
The sale of its interest in the joint venture with Frasers Property is expected to result in a one-off gain of about RM83.2 million Fraser and Neave Holdings Berhad (FNHB) announced on…
MILAN — Rachid Mohamed Rachid’s Alsara Investment Group has made a key acquisition in the world of Italian design, and this may just be the beginning. On Thursday, Iuxury Italian furniture…
The Beauty Tech Group, in which Thakral holds a 9.6% stake, is set to list on the London Stock Exchange in October Thakral on Thursday (Sep 25) announced that it may receive proceeds of up…
U.S.-listed shares of Lithium Americas surged more than 70% in premarket trading on Wednesday after a report said the Trump administration was seeking an equity stake of up to 10% in the…
MILAN – Giorgio Armani left not one but two wills, one dated March 15 and the other April 5. They were made public on Friday morning on several media outlets. Accordingly, Armani, who died…
Chinese private equity firm Centurium Capital is considering selling its stake in Taibang Biologic Group, people familiar with the matter said. Centurium has been sounding out potential…
