Business
AkzoNobel, Axalta to merge creating US$25 billion paint giant
Under the merger, AkzoNobel shareholders will receive a US$2.5 billion dividend payout Dulux paint maker AkzoNobel said on Tuesday (Nov…
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Business
AkzoNobel and Axalta to merge, creating US$25 billion paint giant
Under the merger, AkzoNobel shareholders will receive a US$2.5 billion dividend payout Dulux paintmaker AkzoNobel said on Tuesday (Nov 18)…
Business
Intel’s US$25 billion rally sends valuation to dot-com levels
The company’s premium valuation is largely a reflection of just how much its profitability has collapsed in recent years After months of…
Business
Hong Kong’s US$25 billion pile of soured debt spurs talks to form ‘bad bank’
The pile of non-performing loans (NPLs) at Hong Kong lenders has grown so large that some in the industry have discussed the creation of a…
Business
US court blocks Kroger’s US$25 billion supermarket mega-merger
A US judge suspended supermarket giant Kroger’s planned US$24.6 billion acquisition of rival chain Albertsons on Tuesday in a win for the…
Business
Apollo targets US$25 billion for flagship private equity fund
APOLLO Global Management is readying what could mark its largest ever private equity fund. Apollo is looking to gather US$25 billion of…