According to LCH investment data, the world’s 20 best performing hedge funds earned $65.4 billion for clients in 2021, on the back of stock markets rising despite setbacks introduced by coronavirus pandemic. As a group, the most successful managers earned… Read More ›
In a statement the U.S. Commerce Department said, it has asked a group of anonymous domestic solar manufacturers for additional information before it would consider a request to impose duties on panels produced in three Southeast Asian countries. The development… Read More ›
On Tuesday, a group of investors are set to ask a French court to back its $1.2 billion (1 billion euros) claim in damages from Vivendi, alleging that the media giant made false financial statements during a merger deal twenty… Read More ›
According to a report from the Wall Street Journal, a group of activist investors who have a stake of around 9.5% in Kohl’s Corp is attempting to take control of the department store chain’s board. The activist investors include Ancora… Read More ›
The Elliot Management-backed move, will boost shareholder’s return. The buyback will include common and preferred stocks. On Friday, Hyundai Motor Co stated, it would spend $228.3 million (255 billion won) to buyback its common and preferred stocks so as to… Read More ›
The potential merger, a stock and cash deal, between Britain’s second and third biggest retail groups has cost synergies of at least 500 million. In a significant development, Britain’s Sainsbury has agreed to acquire Walmart’s Asda for around $10 billion… Read More ›
Bayer has already received approval from the EU, Australia, Brazil, China; Russia now adds to this list. In a development that aids Bayer’s $66 billion acquisition of Monsanto, it has now got approval from FAS, Russia’s antitrust regulator, for its… Read More ›
The combined company will control more than a quarter of the world’s seed and pesticide market. With the U.S. Justice Department giving the green signal to Bayer AG’s bid to acquire Monsanto Co for $62.5 billion deal, with both companies… Read More ›
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