The IPO values Budweiser Asia, AB InBev’s Asia-Pacific business, at 16-18 times its enterprise value (EV) to EBITDA. This will be the biggest IPO to hit the market in 2019. In a significant development, Anheuser-Busch InBev NV stated, it is… Read More ›
Companies are likely to increase their return to shareholders vide buybacks and dividends, opine strategists at Goldman Sachs. Goldman Sachs is of the opinion, S&P 500 companies are likely to boost their cash spending by 13% to $3 trillion next… Read More ›
The project will see the export of around 14 million tons of LNG per year. Mitsubishi’s stake in the project is 15%. On Tuesday, Mitsubishi Corp stated, it will join Royal Dutch Shell in developing the LNG Canada project in… Read More ›
U.S. & Saudi energy ministers are scheduled to meet in Washington to discuss ways to boost output and lower global oil prices. On the negotiating table is Saudi Arabia’s long demand for a civilian civil nuclear cooperation which will enable… Read More ›
Warning against excessive transparency, Novo Nordisk said the upcoming transparency bills could impact its growth potential in key markets. On Wednesday, drugmaker Novo Nordisk warned that the new legislation being prepared in some states in the U.S. which are aimed… Read More ›
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