Although he has evinced an interest, the matter is still open to a final call. Masayoshi Son, the CEO of the SoftBank Group, has disclosed he is interested in investing in ride-hailing firms Lyft and Uber Technologies. However he has… Read More ›
quarterly results
Birmingham Retirement and Relief System sues Chinese ZTO over untrue financial statement in its 2016 IPO
The lawsuit states that the underwriters had failed to do their due diligence. A U.S. pension fund has sued Chinese courier ZTO Express and its underwriters alleging that the company has significantly hiked its profit margins to attract investors for… Read More ›
CEO of Akzo Nobel quits after keeping PPG Industries’ takeover offer at bay
Ton Buechner and the company’s Chairman, Antony Burgmans faced a minor rebellion from shareholders for having rejected PPG’s takeover offer. Ton Buechner, the CEO of Azko Nobel, a Dutch paint manufacturer has stepped down from his role in the… Read More ›
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