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The Wall Street Journal: Axel Springer in talks to buy Axios
German publishing conglomerate Axel Springer SE is in talks to purchase digital-news outlet Axios, according to people familiar with the matter, a deal that would add to the company’s U.S. holdings......»»
IPO Report: Entertainment conglomerate Endeavor prices IPO at $24, to raise $511 million
Los Angeles based entertainment powerhouse Endeavor Group Holdings Inc. priced its initial public offering at $24 a share late Wednesday, at the top of its expected range......»»
: GE stock turns lower after confirming $30 billion AerCap deal, proposing reverse stock split
Shares of General Electric Co. dropped Wednesday, after the industrial conglomerate confirmed a $30 billion deal with AerCap Holdings NV, while also surprisingly proposing a 1-for-8 reverse stock split......»»
Coronavirus punishes Warren Buffett"s equity holdings
The coronavirus pandemic may have erased around $64 billion of value from Warren Buffett's equity portfolio at Berkshire Hathaway Inc , setting up the conglomerate for one of the largest quarterly losses ever by an American company......»»
Rising stocks fuel record profit for Buffett"s Berkshire; operating profit disappoints
Warren Buffett's Berkshire Hathaway Inc on Saturday posted a 23% decrease in quarterly operating profit, while soaring prices in stock holdings such as Apple Inc enabled the conglomerate to smash its old record for full-year earnings......»»
State comptroller inches closer to pension fund coal divestment
State Comptroller Thomas DiNapoli seemed to take the first tentative steps Wednesday toward unloading the state pension system's holdings in coal. DiNapoli announced that his office would "review"... To view the full story, click the title link......»»
Japanese Conglomerate SBI Injects 7-Figure Sum Into Securitize
Securitize intends to build out its new Japan office after a cash injection from SBI Holdings......»»
Some bond investors shy away from coal-dependent electric utilities over regulatory risks
Some corporate debt investors say they’re now turning their back against utility companies reliant on coal-fired power plants as the risks around rapid climate change come to the fore......»»
Reliant Bancorp to buy Tennessee Community Bank Holdings for $37.2M
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Takeaways From Tencent"s Q2: Analyst Says Chinese Conglomerate Building "Dominant Position" In Gaming
China-based Tencent Holdings (OTC: TCEHY) reported better-than-expected second-quarter earnings Wedne.....»»
Vivendi in talks to sell 10% of Universal Music Group to Tencent
French media conglomerate Vivendi said it had started talks with Tencent Holdings to sell an initial 10% stake in its Universal Music Group (UMG) division......»»
CK Hutchinson Holdings: A Hong Kong Conglomerate Relying On Europe
CK Hutchinson Holdings: A Hong Kong Conglomerate Relying On Europe.....»»
CK Hutchison: What Longleaf Thinks About Hong Kong Conglomerate
CK Hutchison Holdings Ltd (HKG: 0001), a Cayman Islands-registered multinational conglomerate headquartered in Hong Kong, focuses on ports a.....»»
Philippines: DMCI Holdings Inc (DMC:PS) Heffx Technical Analysis
Philippines: DMCI Holdings Inc (DMC:PS) Heffx Technical Analysis Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towa.....»»
Pret A Manger under same roof as Krispy Kreme in $2B deal
The billionaire family behind Krispy Kreme is taking over sandwich and coffee chain Pret A Manger in a $2 billion deal. The Reimann family, which invests through the German conglomerate JAB Holdings, bought the company as part of its quest to upen.....»»
Major Changes Seen in Berkshire Hathaway and Warren Buffett Stock Holdings
Berkshire Hathaway Inc. (NYSE: BRK-A) has released its major list of public equity holdings as of June 30, 2018. This is the largest conglomerate in America and founder Warren Buffett has been........»»
Exclusive: China"s Dalian Wanda seeks to reduce AMC stake - sources
Chinese billionaire Wang Jianlin's real estate-to-media conglomerate Dalian Wanda Group is exploring a deal to cut its stake in AMC Entertainment Holdings Inc, the world's largest cinema operator, people familiar with the matter said......»»
China"s Dalian Wanda said to be seeking to reduce AMC stake
Chinese billionaire Wang Jianlin's real estate-to-media conglomerate Dalian Wanda Group is exploring a deal to cut its stake in AMC Entertainment Holdings Inc, the world's largest cinema operator, people familiar with the matter said......»»
Manufacturing Giant Rostec to Manage Data on Waves Blockchain Platform
The Russian state-owned conglomerate will develop a blockchain to manage data on its vast holdings, which include car, helicopter and firearms makers......»»
Michael Kors close to buying Versace
Michael Kors Holdings is near a deal to buy Gianni Versace SpA for about $2.35 billion. The move would give the Manhattan-based conglomerate a major presence in international fashion. Other potential... To view the full story, click the title link......»»