Trump’s Hush Money Trial Has Officially Begun. Here’s What’s At Stake
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 could nevertheless…
Electric Bus Company Biden Energy Secretary Once Had Stake In Goes Belly Up
Electric Bus Company Biden Energy Secretary Once Had Stake In Goes Belly Up Nick Pope on August 7, 2023 Proterra, the electric bus company at the center of an apparent conflict of…
Walgreens sells $1.85 billion of AmerisourceBergen shares, further cutting stake
(Reuters) – Walgreens Boots Alliance has sold some AmerisourceBergen Corp’s shares for proceeds of about $1.85 billion, the U.S. drugstore chain said on Thursday, further cutting its ownership in the drug distributor…
Brazil’s Vale to sell 13% stake in base metals unit for $3.4 billion
By Peter Frontini SAO PAULO (Reuters) -Brazilian miner Vale said on Thursday it reached two separate agreements to sell a 13% stake in its base metals business for $3.4 billion, aiming to…
Explainer-What is at stake for the United States in Niger?
By Daphne Psaledakis and Simon Lewis WASHINGTON (Reuters) – Soldiers in Niger declared a military coup on Wednesday, overthrowing President Mohamed Bazoum. The landlocked nation, a key U.S. ally in the region,…
Todd Boehly-backed insurer Accelerant mulls IPO, stake sale, CEO says
By Pablo Mayo Cerqueiro, Echo Wang and David French LONDON/NEW YORK (Reuters) – Accelerant is planning to raise fresh capital next year in a deal that could result in the specialty insurance…
Activist investor Elliott takes stake in drug manufacturer Catalent – source
By Maggie Fick LONDON (Reuters) – Activist investor Elliott Investment has taken a stake in contract drugmaker Catalent, a source familiar with the matter told Reuters on Thursday. The Wall Street Journal…
Colombian tycoon makes offer for Exito stake held by Brazil’s GPA
(Reuters) – Brazilian retailer GPA announced it received a new offer from Colombian billionaire Jaime Gilinsky to buy part of GPA’s stake in its Colombian subsidiary Almacenes Exito, GPA said in a…
Buffett cut Activision stake before judge approved Microsoft merger
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway sold 70% of its investment in Activision Blizzard in the second quarter, appearing to miss out on some gains when a federal judge…
Explainer-Are LGBTQ+ rights at stake in Spain’s election?
By Enrique Anarte MADRID (Thomson Reuters Foundation) – The rights of gay, lesbian, bisexual and transgender people have taken centre stage ahead of Spain’s July 23 national election. Opinion polls predict Alberto…
Moscow takes control of Russian subsidiary of Danone and Carlsberg’s stake in brewer
MOSCOW (Reuters) -The Russian state has taken control of French yoghurt maker Danone’s Russian subsidiary along with beer company Carlsberg’s stake in a local brewer, according to a decree signed by President…
Chindata says largest shareholder Bain will not sell stake after rival bid
(Reuters) – Chindata Group Holdings said on Thursday Bain Capital, its largest shareholder, did not intend to sell any of its shares in the Chinese data center operator after a rival bid…
Kim Kardashian in talks to buy back beauty firm stake from Coty – WSJ
(Reuters) -Kim Kardashian is in talks with Coty to buy back a minority stake in her beauty firm from the fragrance and cosmetics company, the Wall Street Journal reported on Tuesday, citing…
Saudi National Bank was denied taking 40% Credit Suisse stake -report
VIENNA (Reuters) – Saudi National Bank wanted to increase its stake in Credit Suisse to around 40% from 9.88%, but was prevented from doing so by Swiss regulator FINMA, Blick newspaper reported…
Glencore proposes to buy remaining stake of PolyMet
(Reuters) – Glencore Plc said on Monday it had proposed to buy the remaining stake in copper miner PolyMet Mining it does not already own for about $71 million. The Swiss commodity…
Temasek sells 1.85% stake in Singapore Airlines, remains top investor
By Selena Li and Yantoultra Ngui HONG KONG/SINGAPORE (Reuters) – Singapore’s state investor Temasek is selling around S$400 million ($295.92 million) worth of shares, or a 1.85% stake, in the country’s national…
Exclusive-Vietnam’s Truong Hai considers stake sale in $5 billion automotive arm – sources
By Yantoultra Ngui and Phuong Nguyen SINGAPORE/HANOI (Reuters) – Vietnamese conglomerate Truong Hai Group, founded by tycoon Tran Ba Duong, is considering bringing in an investor into its automobiles arm Thaco Auto…
Blackstone weighing offers for Bellagio casino stake – Bloomberg News
(Reuters) – U.S. investment giant Blackstone Inc is fielding offers for half of its interest in the real estate of the Bellagio hotel in Las Vegas, Bloomberg News reported on Monday. The…
Group Black to buy majority stake in Sports Illustrated publisher – WSJ
(Reuters) – Group Black is in talks to buy a majority stake in Arena Group Holdings Inc, the publisher of Sports Illustrated magazine, the Wall Street Journal reported on Monday, citing people…
PE firm Carlyle to sell stake in India’s Delhivery for at least $86 million
BENGALURU (Reuters) – Private equity firm Carlyle plans to sell its entire 2.53% stake in Indian logistics firm Delhivery via its special purpose vehicle for at least $86 million, according to a…
Telecom Italia sounds out buyers for stake in enterprise unit -Bloomberg News
(Reuters) – Telecom Italia is restarting its efforts to sell a minority stake in its enterprise unit, potentially valued at more than 6 billion euros ($6.6 billion), Bloomberg News reported on Thursday,…
Bain Capital plans to sell stake worth $267 million in India’s Axis Bank – report
BENGALURU (Reuters) – U.S. private equity firm Bain Capital is looking to sell a 0.7% stake in India’s Axis Bank worth as much as $267 million, CNBC-TV18 reported on Wednesday, citing sources.…
Grifols shares soar on possible sale of $1.5 billion stake in Shanghai RAAS
MADRID (Reuters) – Shares in Spanish pharmaceutical Grifols soared on Wednesday morning after it disclosed a plan to reduce its stake in Shanghai RAAS in a deal that would bring in $1.5…
Apollo, Bain, possible bidders for Fujitsu’s $2.7 billion stake in Shinko – Bloomberg News
(Reuters) – Fujitsu Ltd’s controlling stake in Shinko Electric Industries Co has attracted interests from Apollo Global Management Inc and Bain Capital as potential bidders, Bloomberg News reported on Wednesday. Dai Nippon…
Colombia’s Gilinski signs MoU to exit stake in Grupo Sura
BOGOTA (Reuters) – Colombia’s Gilinski Group signed a Memorandum of Understanding (MoU) to exit its stake in the country’s largest investment firm, Grupo Sura and take a controlling stake in food producer…
Exclusive-Malaysian tycoon weighs selling a stake in $2.7 billion port business -sources
By Yantoultra Ngui SINGAPORE (Reuters) – Malaysian tycoon Syed Mokhtar Al-Bukhary is looking at bringing in an investor into MMC Port Holdings – a deal that could value the country’s biggest port…
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