By pitching its $2.4 billion offer for Australian office landlord Investa Office Fund, Oxford Properties Group has bested Blackstone’s A$90 million offer. On Wednesday, Investa Office Fund, an office landlord in Australia stated, it is adjourning a planned shareholder… Read More ›
Refinitiv is essentially Thomson Reuters’ F&R unit, which acquired a 55% majority stake by Blackstone on January 30 2018. Thomson Reuters’ Financial and Risk (F&R) division – Refinitiv has has launched a price guidance on its term loan B, equivalent… Read More ›
Ford and Toyota, the second and the third largest automaker in the U.S. have reported a surge in SUV and pickup truck sales. Ford Motor Co, the second biggest automaker in the United States, has reported an almost 4.1% rise… Read More ›
The poll makes an interesting read on the possibilities facing Britain after March 2019. According to the results of a Reuters poll, there is a 25% chance that Britain will leave the European Union in March 2019 without a Brexit… Read More ›
As per Philip Rycroft, Permanent Secretary at the Department for Exiting the European Union (DExEU) Britain’s has provided for such a possibility. On Tuesday, as per the senior most official in Britain’s Brexit ministry, he is confident that plans are… Read More ›
Air France-KLM’s management has successfully negotiated longer rests for pilots between flights with union bosses and have averted a strike. On Tuesday, in a development that marks the the overcoming of a strike that could have caused mayhem later this… Read More ›
The initiative is aimed at curbing rampant smuggling of gasoline, which are the lowest in the world. On Tuesday, Venezuela is set to start the implementation of a new payment system for its heavily subsidized gasoline in border areas as… Read More ›
The development assumes significance since it marks the first signs of dissatisfaction among foreign funds which had bought into Toshiba in 2017. On Friday, the Wall Street Journal has reported citing sources familiar with the matter at hand, King Street… Read More ›
Here is how major shareholders voted in Tesla’s Annual General Meeting when a proposal was put to a vote to split Elon Musk’s role as CEO and Chairmanship of Tesla Inc. According to BlackRock’s filing with the U.S. Securities and… Read More ›
The bidding war for Sky’s assets are set to intensify in September, with Sept. 22 being the closing date for any such bid. British antitrust regulators have disclosed that Elliott Management believes Sky’s valuation is more than $34 billion, higher… Read More ›
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