The acquisition is being routed though BidFair USA. In a deal worth $3.7 billion, Patrick Drahi, has agreed to purchase art auction house Sotheby. The billionaire tycoon behind telecoms and media group Altice has signed a definitive agreement to be… Read More ›
Etihad’s former CFO, Mark Powers had resigned in April with Adam Boukadidam; Etihad’s finance executive replaced Powers on an interim basis. On Monday, a spokesman for Etihad Airways disclosed, the airlines has appointed Andrew Macfarlane as the group’s CFO. Mark… Read More ›
According to Kevin Yam, a prominent Hong Kong-based lawyer, high net-worth individuals from Hong Kong are taking steps to relocate their assets to Singapore. China’s aggressive push towards Hong Kong is starting to have repercussions. According to lawyers, bankers, and… Read More ›
China is under increasing pressure to open up its market to foreign players. On Monday, Alphabet Inc’s Google has appointed Stanley Chen as the managing director of its Greater China sales and operations. According to a statement, Chen, was previously… Read More ›
The move underscores Goldman Sach’s new focus on getting better returns from its asset-management division. As per a report from the Wall Street Journal citing sources familiar with the matter at hand, Goldman Sachs Group Inc its private-investing arms and… Read More ›
This is not a routine change of financial auditors… In a development that will certainly raise eyebrows, according to a regulatory filing by Papa John’s International Inc, it has dismissed KPMG LLP as its financial auditor and has appointed Ernst… Read More ›
It appears that Bayer intends on creating another line of weedkillers other than Monsanto’s RoundUp, which is causing it lots of grief stemming from thousands of U.S. lawsuits. RoundUp contains glyphosate, which according to plaintiffs, causes cancer. On Friday, in… Read More ›
The potential cash-and-stock deal could close as early as August. According to a report from Bloomberg citing sources familiar with the matter at hand, shared office space manager WeWork Cos is eyeing a deal which sees it take a majority… Read More ›
10 states, led by California and New York, have filed a lawsuit to stop the merger saying it would increase subscriber’s costs. The judge hearing a complaint from state attorneys general who are aiming to stop the $26 billion merger… Read More ›
Meng Wanzhou’s extradition to the United States has clearly touched a nerve for Beijing. Although Huawei keeps chanting the mantra that it is not tied to the Chinese government, Beijing’s violent reactions however are indicative otherwise. Canada’s Foreign Minister Chrystia… Read More ›
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