On Friday, shareholders of LG Corp shareholders approved the company’s plan to spin off five affiliates, which according to the South Korean company would allow it to focus on existing core businesses such as electronics, telecommunications services and chemicals. In… Read More ›
Late on Sunday, a spokeswoman for Blackstone Group Inc said, the asset manager has reached an agreement to acquire Simply Self Storage from Canada’s Brookfield Asset Management Inc for around $1.2 billion. The news confirms an earlier report from the Wall… Read More ›
In 2018, William Ackman’s Pershing Square Capital Management has been one of the few activist investor hedge funds which has managed to deliver high returns. In a significant development, for the second time in two years billionaire investor William Ackman… Read More ›
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