Business
Alsara Investment Group Takes a Stake in Italian Design Firm Giorgetti, Eyes Further Investments
MILAN — Rachid Mohamed Rachid’s Alsara Investment Group has made a key acquisition in the world of Italian design, and this may just be…
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stake
Business
Thakral to receive up to £8.1 million in proceeds from potential sale of stake in UK company
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…
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Trump administration seeks equity stake in miner Lithium Americas, sends shares soaring
U.S.-listed shares of Lithium Americas surged more than 70% in premarket trading on Wednesday after a report said the Trump administration…
Business
Giorgio Armani’s Dual Wills Chart Path for Potential Stake Sale, IPO
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…
Business
Centurium considers stake sale in US$6 billion Taibang Biologic: sources
Chinese private equity firm Centurium Capital is considering selling its stake in Taibang Biologic Group, people familiar with the matter…
Business
mm2 Asia scraps stake sale; PE fund to take 29% of Vividthree stake in direct share deal instead
As a result of the new share placement, controlling shareholder mm2 Asia’s stake in Vividthree will be diluted to 23% Vividthree Holdings…
Business
EXCLUSIVE: Bansk Group Takes Majority Stake in Byoma
Bansk Group has made another beauty acquisition. The parent company of Amika, Eva NYC and Ethique has acquired Yellow Wood Partners’…
Business
Alibaba dumps 151.3 million SingPost shares, slashing its stake to below 5%
This means the Chinese e-commerce giant is no longer a substantial shareholder of the national postal service provider Alibaba Investment,…
Business
Dutch government plans to cut ABN Amro stake to about 20%
The Dutch government is embarking on another reduction in its stake in ABN Amro Bank as it continues to gradually pare its holdings in the…
Business
GIC, SoftBank are said to weigh selling stake in fintech VNLife
The Vietnamese fintech firm has a presence in Vietnam, Singapore, Myanmar and Cambodia GIC and SoftBank Vision Fund are considering…
Business
The Independents Takes Minority Stake in The Outsiders Perspective
LONDON — The Outsiders Perspective has joined L’Incubateur, an initiative launched by Alexandre de Betak, famed show producer of Bureau…
Business
Trump’s oldest sons’ American Bitcoin stake worth US$1.5 billion in stock debut
A bitcoin company tied to President Donald Trump’s two oldest sons more than doubled in value in its stock market debut on Wednesday,…
Business
Keppel DC Reit acquires remaining stake in 2 data centres from sponsor Keppel for S$8.4 million
The manager of Keppel DC Real Estate Investment Trust (Reit) has acquired the 51 per cent remaining interest in two artificial…
Business
DBS’ plan to buy Alliance Bank stake is said to have stalled
DBS Group Holdings’ plan to buy a stake in Alliance Bank Malaysia has stalled as Singapore’s biggest bank has yet to get regulatory…
Business
SP Group acquires Siemens’ 49% stake in Power Automation to become sole owner
SP Group announced on Friday (Aug 29) that it is now the sole owner of Power Automation after acquiring Siemens’ stake in the joint…
News
Public strongly backs Trump's idea to have Uncle Sam hold a stake in U.S. companies
Most Americans back President Trump's idea of having the federal government take a stake in U.S. companies that get taxpayer money. A new…
Business
Geo Energy to acquire 51% stake in two Indonesian shipping companies for US$127.5 million
Indonesian coal producer Geo Energy is proposing to acquire 51 per cent stakes in two Indonesian shipping companies for a US$127.5 million…
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Commerce Secretary Lutnick hints at U.S. government stake in defense contractors
The Trump administration is having a lively debate about whether the government should take a stake in companies that serve as top defense…
Business
Mercedes-Benz offloads Nissan stake for US$325 million
The pension trust of German automaker Mercedes-Benz has sold its entire stake in Japan’s Nissan Motor for US$324.65 million, a source with…
Business
Mitsubishi Corp buys strategic stake in Singapore’s Fullerton Health
Fullerton Health notes that it will leverage its ‘robust footprint’ as well as digital and AI capabilities to roll out regional and local…
Business
Puma Shares Soar on News That Pinault Family’s Artémis Could Sell Stake
Shares of Puma SE soared nearly 15 percent by end of day trading on Monday after a new report speculated that Artémis, the Pinault…
Business
Intel warns US stake could hurt international sales, future grants
Intel said on Monday (Aug 25) that the US government’s 9.9 per cent stake in the chipmaker could pose risks to its business, from…
News
Trump says Intel stake is the start of a government-private sector trend
President Trump said Monday that a deal with chipmaker Intel is just the beginning of a push to give the U.S. government a stake in…
News
Trump announces U.S. stake in Intel
President Trump announced Friday that the government had reached a deal to secure a 10% stake in technology company Intel. Source link