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Lufthansa deal may hurt Air Transport competition
Europe's antitrust watchdog sounded an alarm on Monday regarding Lufthansa's ambitious move to acquire a 41% stake in ITA Airways for €325 million ($352 million), potentially signaling turbulence ... Read More
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The settlement is contingent on the completion of certain terms […] Conservative firebrand Candace Owens has left the news outlet The Daily Wire after a war of words with the founder of the news ... Read More
Carrier Eyes Quick Sale of Industrial Alarm Business
The sale of the commercial and residential business would represent a change from September, when Bloomberg News reported that Carrier was exploring a public stock listing for that unit ... Read More
AirAsia shares up on news of stake sale
PETALING JAYA: Shares of AirAsia Group Bhd ended higher on news that it is in talks to sell a 10% stake to South Korea’s SK Corp. At 5pm yesterday, the stock closed 3.5 sen higher to 86 sen with ... Read More
McAfee Eyes More M&A Following Sale Of Enterprise Business
The company will free up $4 billion from the sale of its enterprise business to private equity firm Symphony Technology Group (STG), which was announced March 8 and is expected to close by the end ... Read More
Business
March 28, 2024 • Chevron operates a major refinery in Richmond, Calif. It also owns the city's dominant news site, putting its own spin on events, and runs similar sites in Texas and Ecuador. Read More
BAT confirms exploring potential sale of small stake in ITC
British American Tobacco Plc said in a short statement Monday that it confirmed it is "evaluating a possible disposal of a small part" of its ownership stake in Indian-based ITC. ITC is a ... Read More
Diversity, Equity and Inclusion News
Showcase your company news with guaranteed exposure both in print and online Register today for the 2024 Talent Summit… Join Pacific Business News as we celebrate the 26th Annual Women Who Mean ... Read More
BAT completes sale of small stake in Indian retail giant
The shares were sold less than a day after BAT confirmed analyst and industry speculation it was selling a small part of its ITC ownership stake, which now drops from 29% to 25.5%. A 25% stake is ... Read More
Axiata concludes sale of Ncell
Axiata Group Bhd announced it has entered into an unconditional sale and purchase agreement with Spectrlite UK Ltd to dispose of Reynolds Holdings Ltd, which owns about 80% stake n Ncell Axiata ... Read More
Asda owner ‘eyes sale’ of stake in break with co-owner brother
An Issa brother is reportedly eyeing the sale of his Asda stake to focus on the petrol station business. Zuber Issa is reportedly in talks to offload 22.5 per cent share of the supermarket Asda in ... Read More
Preparing Your Family-Owned Business for Sale?
It takes resilience to run your business over the course of a given day. So, it comes as no surprise that when the time comes to sell your business, one can easily take their eyes off of their target. Read More
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