After France failed to make its European Union partner countries to agree to a EU-wide imposition of a new tax on big technology companies, the country has decided to go ahead alone with it. About €500m in its first year… Read More ›
Day: December 18, 2018
Ultra Rich Investors Should Consider Exiting UK With Assets, Advises Credit Suisse: FT Report
According to a report published in the Financial Times on Tuesday, credit ratings agency and wealth managers Credit Suisse has reportedly advised the ultra-high net worth individuals (UNHWI) that they could think about accelerating their plans to take their investments… Read More ›
Carlyle Group LP close to purchasing aviation services firm StandardAero from Veritas Capital
The private equity firm is close to acquiring StandardAero for more than $5 billion; once the deal is finalized an announcement is likely to be made as early as later this week. As per sources familiar with the matter at… Read More ›
Northrop Grumman Corp wins $3.6 billion U.S. defense contract: Pentagon
The U.S. defense contract is for providing equipment and support for Large Aircraft Infrared Counter Measures.
CFIUS approves T-Mobile US & Sprint Corp’s merger
The CFIUS approval comes in the wake of Deutsche Telekom reviewing its ties with Huawei. T-Mobile is a unit of Deutsche Telekom. In a significant development, T-Mobile US and Sprint Corp have stated they have received the go-ahead from the… Read More ›