According to a source familiar with the matter at hand, U.S. movie studio MGM Holdings is exploring a sale. MGM Holdings, the studio behind the hugely popular “James Bond” franchise, has tapped investment banks Morgan Stanley and LionTree LLC and… Read More ›
sale
Japanese government weighing options to create $19 billion environment-friendly investment fund: Govt Sources
According to three government sources with direct knowledge of the matter at hand, the Japanese government is weighing its options to create a ($9.63 billion to $19.27 billion (1 trillion to 2 trillion yen) fund to promote investment in environment-friendly… Read More ›
U.S. Congress notified of aerial drones sales worth $5 billion to Taiwan
In a statement, the Pentagon said, it has formally notified the U.S. Congress of impending sales of four sophisticated U.S.-made aerial drones to Taiwan. The notification is the step before finalizing the sale of weapons to other countries. Washington expects… Read More ›
Dunkin’ Brands Group Inc in early negotiations to sell itself to Inspire Brands
In a statement Baskin Robbins chains owner Dunkin’ Brands Group Inc said, it has held preliminary discussions with private equity-backed restaurant company Inspire Brands. “There is no certainty that any agreement will be reached,” said Karen Raskopf, Chief Communications Officer of… Read More ›
Wells Fargo exploring sale of asset management business: Sources
In what is likely to be Wells Fargo & Co’s biggest shake up since former Bank of New York Mellon chief executive Charles Scharf joined the bank as its CEO in 2019, sources familiar with the matter at hand have… Read More ›
Blackstone divests BioMed Realty for $14.6 billion
In a statement the Blackstone Group said, its unit Blackstone Real Estate Partners along with co-investors have agreed to divest BioMed Realty for $14.6 billion to a group led by existing BioMed investors. In 2015, Blackstone had acquired BioMed Realty,… Read More ›
Ford’s top selling pickup truck F-150 to go on sale this November
In a statement, Ford Motor Co said, it has commenced production of its new F-150 pickup truck at its Dearborn, Michigan, facility. It expects the F-150 to go on sale this November. The new F-150 launch is “on time and… Read More ›
TPH hires Morgan Stanley and JPMorgan Chase for potential sale of Astound
According to sources familiar with the matter at hand, private equity firm TPG is exploring the potential sale of Astound in a deal that could value the “owner of a U.S. network of regional cable TV and internet providers at… Read More ›
BHP Group reshuffles petroleum portfolio, puts up stake in Australian Bass Strait assets for sale
On Tuesday, in a statement the BHP Group said, it plans on selling its stake in the Australian Bass Strait’s oil and gas assets, as it attempts to increase its focus on higher value petroleum assets. The Bass Strait joint… Read More ›
Pent up real estate demand keeps property prices hot across the board: Rightmove
According to British real estate industry data released on Monday, Britons have purchased and sold a record number of homes between mid July and early August with pent up demand from the Wuhan coronavirus and a desire to leave London… Read More ›