Business

  • 31.08.2020
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Ghana Sells $2 Billion Bonds as Demand Exceeds Supply Fourfold

West African country sells 10- and 30-year durations African nations’ 2018 euro, dollar debt sales top $20 billion

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  • 31.08.2020
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JPMorgan Seeks Majority Stake in China Fund Management Venture

Applied for securities JV control last week, following UBS China pledged to allow majority ownership of joint ventures

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  • 31.08.2020
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Exclusive: China's Tianqi nears $4.3 billion deal to buy stake in Chile's SQM - sources

China’s Tianqi Lithium is nearing a deal to buy a 24 percent stake in Chile’s Sociedad Quimica Y Minera SQMa.SN, one of the world’s biggest lithium producers, for about $4.3 billion, two peo...

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  • 31.08.2020
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Exclusive: Vitol, Glencore, Shell in running for Petrobras' Nigerian assets

The world’s three largest oil traders are competing to buy the African arm of Brazil’s Petrobras (PETR4.SA) that owns stakes in two major Nigerian offshore oil blocks, industry and banking s...

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  • 31.08.2020
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PayPal to Buy iZettle for $2.2 Billion to Compete With Square

PayPal Holdings Inc. is buying Swedish small-business platform iZettle for $2.2 billion to expand in Europe and Latin America and increase its presence in brick and mortar stores.

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  • 31.08.2020
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LaSalle Hotel accepts Blackstone's $3.7 billion cash offer

LaSalle Hotel Properties decided to sell itself to private equity firm Blackstone Group LP for $3.7 billion in cash, rejecting a cash-and-stock offer from rival Pebblebrook Hotel Trust.

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  • 31.08.2020
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Canada to buy Kinder Morgan oil pipeline in bid to save project

Canada will buy Kinder Morgan Canada Ltd’s Trans Mountain pipeline for C$4.5 billion ($3.5 billion), the government said on Tuesday, hoping to save a project that faces formidable political...

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  • 31.08.2020
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Kazakhstan wants to sell its largest energy-generating company

Kazakhstani state fund Samruk-Kazyna plans to sell 100% of the shares of Samruk-Energo, the country's largest energy-generating company

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  • 31.08.2020
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Exclusive: ConocoPhillips prepares to sell stake in Canada's Cenovus - sources

ConocoPhillips is preparing to offload its stake in Cenovus Energy Inc that it acquired as part of an asset sale to the Canadian oil and gas producer last year, people familiar with the matt...

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  • 31.08.2020
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Microsoft to take on Amazon with $7.5 billion GitHub deal

Microsoft Corp said on Monday it would buy privately held coding website GitHub Inc for $7.5 billion in an all-stock deal to beef up its cloud computing business and challenge market leader...

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  • 31.08.2020
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Icahn buys small stake in drugmaker Allergan: sources

Billionaire investor Carl Icahn has acquired a small stake in Allergan Plc at a time when the drugmaker is under pressure from other activist shareholders, people familiar with the matter sa...

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  • 31.08.2020
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Pfizer pumps $600 million into venture capital arm

Pfizer Inc said on Wednesday it planned to invest $600 million in its venture capital fund, a quarter of which would be earmarked for promising research on neuroscience.

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  • 31.08.2020
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3M Co. Ltd. has sold business solutions for the telecommunications market for $ 870 million

3M Co. Ltd. has sold business solutions for the telecommunications market for $ 870 million

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  • 31.08.2020
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Billionaire Seeks Buyer for Resort With World's Largest Indoor Rainforest

Tycoon working with adviser to gauge potential buyer interest Malaysia’s fourth-richest person focusing back on home market

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  • 31.08.2020
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GE Healthcare to sell IT unit to Veritas for $1.05 billion

General Electric Co’s healthcare unit said on Monday it would sell its information technology business to private equity firm Veritas Capital for $1.05 billion in cash as it sharpens its foc...

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  • 31.08.2020
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J.M. Smucker to buy Ainsworth Pet Nutrition for $1.9 billion

J. M. Smucker Co said on Wednesday it would buy Rachael Ray Dog food maker Ainsworth Pet Nutrition for about $1.9 billion in cash to strengthen its pet food portfolio, and was exploring opti...

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  • 31.08.2020
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Accor Buys Mantis Stake to Expand African Hotel Network

Deal with Mantis forms part of emerging-market growth plans Accor intends to add another 100 hotels in next five years

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  • 31.08.2020
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China's HNA to sell some or all of $6.3 billion Hilton stake

China’s HNA Group Co Ltd, the heavily indebted aviation-to-financials conglomerate, plans to sell some or all of its $6.3 billion stake in Hilton Worldwide Holdings Inc, underlining its need...

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  • 31.08.2020
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China could be the new owner of Venezuela's oil industry

Venezuelan oil production fell by another 10,000 barrels per day in March. The country's economy is already in bad shape, experiencing hyperinflation. Venezuela could hand over more contro...

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  • 31.08.2020
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Icahn to sell Federal-Mogul to Tenneco for $5.4 billion

Activist investor Carl Icahn said on Tuesday he was selling auto parts maker Federal-Mogul to Tenneco In in a $5.4 billion deal, unloading an investment he has held for nearly two decades an...

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