In a statement, BlackRock Inc, the world’s biggest asset manager said, it will acquire investment management services provider Aperio Group LLC from private equity firm Golden Gate Capital and Aperio employees for $1.05 billion. It expects the cash deal to… Read More ›
With IAG CEO Alexandre de Juniac set to step down in March 2020, , IATA has picked Willie Walsh to become its Director General, said the global airline body in a statement. De Juniac, a former Air France-KLM CEO who… Read More ›
Bloomberg News has reported citing sources familiar with the matter at hand as saying, Blackstone Group Inc is aiming to raise $5 billion for its second Asia-focused private equity fund. Blackstone aims to use this second Asia-focused private equity fund… Read More ›
In a statement, German Health Minister Jens Spahn said, Germany could start administering COVID-19 vaccines as early as December 2020. “There is reason to be optimistic that there will be approval for a vaccine in Europe this year,” said Spahn… Read More ›
During an interview to the BBC’s Andrew Marr, British Finance Minister Rishi Sunak said, the UK wants to strike a free-trade agreement with the European Union; but in near-term perspective, the concern is overshadowed by the COVID-19 pandemic. When asked… Read More ›
In a statement, Brazil’s health ministry said, it will be signing a non-binding letters of intent to buy coronavirus vaccines from four companies as well as from Russia’s sovereign wealth fund; these purchases will be subject to the approval of… Read More ›
The biggest U.S. retailer for musical equipment and instruments, Guitar Center Inc, has filed for Chapter 11 bankruptcy, in the United States Bankruptcy Court of the Eastern District of Virginia, despite the fact that music lovers continuing to shop online… Read More ›
According to sources familiar with the matter at hand, Zurich Insurance Group AG is in advanced negotiations to acquire MetLife Inc’s property and casualty (P&C) car and home insurance business for around $4 billion. Late on Friday, Zurich Insurance issued a statement… Read More ›
According to sources familiar with the matter at hand, the United States is slated to designate four more Chinese companies as being backed by China’s military thus curbing their access to U.S. investor funds. The previously unreported designations of the… Read More ›
According to an EU official involved in the negotiations to secure COVID-19 vaccines for the bloc, the European Union could potentially pay more than $10 billion to secure hundreds of millions of doses of vaccine candidates developed by Pfizer-BioNTech and… Read More ›
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