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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......»»
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.....»»
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......»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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......»»
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,.....»»
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.....»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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........»»
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......»»
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......»»
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......»»