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Exclusive: Saudi Aramco seeking to review price of SABIC deal - sources

Saudi Aramco is looking to restructure its deal to acquire a controlling stake in petrochemicals maker SABIC after a more than 40% drop in SABIC's value following a slump in oil prices in coronavirus pandemic, two sources told Reuters......»»

Category: topSource: reutersMay 10th, 2020

Victoria’s Secret to be spun off after $525 million sale falls through

L Brands, which owns lingerie seller Victoria's Secret, said it has agreed to end a February deal that would have sold a controlling stake of Vict.....»»

Category: topSource: chicagotribuneMay 5th, 2020

Sycamore and Victoria’s Secret: When Is a Deal Not a Deal?

Private equity firm Sycamore Partners has filed suit to nullify its agreement to acquire a controlling stake in the Victoria's Secret brand from L Brands......»»

Category: blogSource: 247wallstApr 23rd, 2020

Chinese antitrust regulator approves Boeing-Embraer deal

A Chinese antitrust regulator has approved Boeing Co's deal to buy a controlling stake in the commercial jet division of Brazilian planemaker Embraer , according to a statement on the regulator's website......»»

Category: topSource: reutersNov 21st, 2019

SoftBank to take control of WeWork: reports

SoftBank Group Corp. is looking to take a controlling stake in WeWork, according to a person familiar with the matter. The deal is said to value the company at about $8 billion or less, said the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 26th, 2019

Uber to acquire majority stake in online-grocery company Cornershop

Uber Technologies Inc. said on Friday that it planned to acquire majority ownership in Cornershop, an online-grocery platform in Chile, Mexico, Peru, and Canada. The company expects the deal to close in early 2020. Corner.....»»

Category: topSource: marketwatchOct 11th, 2019

EU antitrust regulators to probe Boeing, Embraer deal

EU antitrust regulators opened on Friday a full-scale investigation into Boeing's bid for a controlling stake in Embraer's commercial aircraft arm, saying the deal may reduce competition and push up prices......»»

Category: topSource: reutersOct 4th, 2019

Exclusive: EU regulators to investigate $4.75 billion Boeing, Embraer deal - sources

EU antitrust regulators are set to open a full-scale investigation into Boeing's $4.75 billion bid for a controlling stake in Brazilian planemaker Embraer's commercial aircraft arm, people familiar with the matter said on Monday......»»

Category: topSource: reutersSep 23rd, 2019

Nexon founder scraps what could have been $16 billion gaming deal: sources

Nexon Co founder Jungju Kim has abandoned plans to sell a controlling stake in its parent NXC, two sources with direct knowledge of the matter said, scuppering a potentially $16 billion deal that would have been the gaming sector's biggest......»»

Category: topSource: reutersJul 9th, 2019

Dodge & Cox Boosts Stake in Mexico"s Grupo Televisa

Value firm buys as stock price declinesCheck out Dodge & Cox Stock Picks » Download GuruFolio Report of Dodge & Cox (Updated on 04/10/2019)Related Stocks: TV, SNY, XKRX:005930, NVS,.....»»

Category: worldSource: nytApr 11th, 2019

Alibaba exec buys stake in Brooklyn Nets, will take over in 2021

Mikhail Prokhorov, owner of the Brooklyn Nets, has sold a minority interest in the NBA team to e-commerce billionaire Joseph Tsai. Terms of the deal — other than Tsai having an option to purchase a controlling stake in three years — remain undisclo.....»»

Category: topSource: bizjournalsApr 12th, 2018

TPG Group Seeks Buyers for Indonesian Finance Company

An investor group that includes TPG Capital is looking to sell its controlling stake in one of Indonesia’s oldest finance companies, in a deal that could value the company at about $1 billion......»»

Category: asiaSource: wsjApr 27th, 2018

Glencore cancels proposed sale of stake in Russian oil co.

Commodities giant Glencore says it is terminating a proposed deal to sell nearly all its stake in Russian oil company Rosneft to a Chinese energy company......»»

Category: topSource: foxnewsMay 5th, 2018

Flipkart-Walmart deal: Billion-dollar gateway to Indian market for Google

According to multiple sources and reports, Google is all set to shell out close to $1.5 billion in the $12-billion deal where Walmart is trying pick up a controlling stake in Flipkart.....»»

Category: topSource: business-standardMay 6th, 2018

Walmart to buy controlling stake in India"s Flipkart for $16 bln

MUMBAI/NEW YORK (Reuters) - Walmart Inc will pay $16 billion for a roughly 77 percent stake in Indian e-commerce firm Flipkart, the U.S. retailer's largest-ever deal, in an attempt to compete with rival Amazon.com Inc in a key growth market......»»

Category: topSource: reutersMay 9th, 2018

Walmart to buy controlling stake in India"s Flipkart

Walmart has agreed to pay $16 billion for a roughly 77 percent stake in Indian online marketplace Flipkart, the U.S. retailer's largest deal as it opens up another front to battle rival Amazon in one of the world's fledgling e-commerce markets......»»

Category: topSource: moneycentralMay 9th, 2018

Airbus to Close Deal for Bombardier C Series on July 1

On July 1, Airbus will close its deal for a controlling stake in the Bombardier's C Series program. The Airbus plant in Mobile, Alabama, will be the site of a second assembly line for the aircraft........»»

Category: blogSource: 247wallstJun 8th, 2018

Boeing to take over $4.75 billion Embraer unit, targeting Airbus-Bombardier

SAO PAULO/PARIS (Reuters) - Boeing Co struck a deal for a controlling stake in the commercial aircraft arm of Brazilian planemaker Embraer SA under a new $4.75 billion joint venture, the firms said on Thursday, reshaping a global passenger jet duopoly......»»

Category: topSource: reutersJul 5th, 2018

Heineken agrees to sell China operation to CR Beer in $3.1 billion deal

Heineken NV said on Friday it has agreed to sell its China operations and take a 40 percent stake in a firm controlling the country's biggest beer maker China Resources Beer Co Ltd in a $3.1 billion deal......»»

Category: topSource: reutersAug 2nd, 2018

Brazil will leave fate of Boeing-Embraer deal to next president

Brazil will leave a decision on whether to approve the sale of a controlling stake in planemaker Embraer SA's commercial jet business to Boeing Co to the next government, Defense Minister Joaquim Silva e Luna told Reuters on Friday......»»

Category: topSource: reutersOct 26th, 2018