General Motors Strikes Deal To Offload Battery Plant Stake To LG
General Motors Strikes Deal To Offload Battery Plant Stake To LG General Motors (GM) announced Monday a shift in its electric vehicle (EV) strategy by agreeing to sell its share…
General Motors Strikes Deal To Offload Battery Plant Stake To LG General Motors (GM) announced Monday a shift in its electric vehicle (EV) strategy by agreeing to sell its share…
Jury selection began Monday in the first of former President Donald Trump’s criminal cases to go to trial, a case legal experts say is the weakest and most political but…
By Andrew Chung (Reuters) – The U.S. Supreme Court is set on Thursday to weigh Donald Trump’s fight to stay on the ballot in Colorado in a case that carries…
(Reuters) – MacKenzie Scott, ex-wife of Amazon.com billionaire Chief Executive Jeff Bezos, sold 65.3 million shares in the ecommerce giant last year, Bloomberg News reported on Friday. The share sale…
(Reuters) -China Evergrande said on Thursday one of its units had entered a deal to sell its entire stake in Shantou Hengmeng Property Development for 137.6 million yuan ($19.20 million).…
MILAN (Reuters) – A large U.S. investment bank is considering building up a 10% stake in Italy’s Banca Popolare di Sondrio, Il Sole 24 Ore newspaper reported on Thursday, without…
By Yantoultra Ngui and Rozanna Latiff SINGAPORE/KUALA LUMPUR (Reuters) – Global Infrastructure Partners (GIP) is in talks to buy up to a 49% stake in MMC Port Holdings, in a…
(Reuters) – British drugmaker GSK said on Wednesday it had raised 978 million pounds ($1.24 billion) from a discounted stake sale in Haleon, cutting its shareholding to 4.2% in the…
By Foo Yun Chee BRUSSELS (Reuters) – EU regulators have not sought feedback from rivals and customers on Lufthansa’s remedies related to its bid for a minority stake in ITA…
BARCELONA (Reuters) – Spanish pharma company Grifols said on Sunday evening Chinese home appliance maker Haier Group still plans to close the acquisition of a 20% stake in Shanghai RAAS…
(Reuters) -Activist investor Elliott Investment Management has built a roughly $1 billion stake in Match Group and plans to push the Tinder dating app owner to take steps to improve…
By Karin Strohecker LONDON (Reuters) – Emerging markets are gearing up for their biggest election year in decades, with investors focused on fiscal discipline and populist shifts that could stir…
(Reuters) -British billionaire Jim Ratcliffe struck a long awaited deal on Sunday to buy a 25% stake in Manchester United and pledged to invest $300 million in the English Premier…
(Reuters) – Warren Buffett-led Berkshire Hathaway has acquired 5.2 million shares of Occidental Petroleum Corp, bringing its stake in the oil company closer to 28%, according to a regulatory filing…
(Reuters) – The Federal Deposit Insurance Corporation, as the receiver of the failed Signature Bank, said on Wednesday it has sold a 20% equity stake in the entity that holds…
By M. Sriram (Reuters) – Blackstone Inc. will sell its entire 23.59% stake valued at $833 million in India’s largest real estate investment trust Embassy Office Parks, four years after…
(Reuters) – TMX Group, the owner of the Toronto Stock Exchange, said on Wednesday it had acquired an around 78% stake in U.S. data analytics company VettaFi Holdings for $848…
(Reuters) – Australia’s competition watchdog said on Thursday it will not oppose Woolworths’ acquisition of a 55% stake in specialty pet retailer Petstock Group. The Australian Competition and Consumer Commission…
By David French NEW YORK (Reuters) – Engaged Capital has built a more than 5% stake in PRA Group and is pushing the debt collection company to improve its operations,…
PARIS (Reuters) – The capital loss resulting from Renault’s disposal of a first chunk of its stake in Nissan will amount to around 1 billion euros ($1.08 billion) after the…
By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE (Reuters) -Two Southeast Asian paper makers, Royal Golden Eagle (RGE) and Asia Pulp & Paper (APP), have emerged as final bidders for…
By Hadeel Al Sayegh DUBAI (Reuters) – Middle East alternative investment firm Investcorp has acquired a 50% stake in the $4.8 billion infrastructure business of U.S. firm Corsair Capital, the…
(Reuters) – Stone Point Capital and General Atlantic proposed to buy the shares the investment firms do not already own in employee-screening company HireRight Holdings, according to a regulatory filing…
TOKYO (Reuters) -Harmonic Drive Systems, a Japanese maker of speed reducers, said on Wednesday that Toyota Motor will sell its entire stake in the company in the open market overseas.…
By Pablo Mayo Cerqueiro and Anousha Sakoui LONDON (Reuters) – Citigroup and Bank of America were left holding some shares in Barclays after they could not identify enough demand for…