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LVMH agrees $16.2 billion deal for jeweler Tiffany
French luxury goods group LVMH said on Monday it has reached a definitive agreement to buy U.S. jewellery chain Tiffany & Co for $135 per share in an all-cash offer, in a $16.2 billion deal......»»
LVMH agrees $16.2 billion deal for jeweler Tiffany
French luxury goods group LVMH said on Monday it has reached a definitive agreement to buy U.S. jewellery chain Tiffany & Co for $135 per share in an all-cash offer, in a $16.2 billion deal......»»
France"s LVMH nears deal to buy U.S. jewelry chain Tiffany for about $16.3 billion: sources
French luxury group LVMH is nearing a deal to buy U.S. jewelry chain Tiffany & Co for about $16.3 billion, sources familiar with the matter told Reuters on Sunday......»»
Alibaba opens bookbuild for Hong Kong listing: sources
Chinese e-commerce giant Alibaba Group has opened the trading books for its $13.4 billion Hong Kong listing, two sources with direct knowledge of the process told Reuters on Wednesday......»»
Exclusive: Alibaba planning launch of $15 billion HK listing for last week of November - sources
Alibaba Group Holding Ltd plans to launch a Hong Kong share offering to raise $10 billion to $15 billion in the final week of November, two people with direct knowledge of the matter told Reuters......»»
Exclusive: KKR"s new Asia-focused fund targets record $15 billion in 2020 - sources
Global private equity group KKR & Co Inc is targeting a record $15 billion for a new Asia-focused buyout fund, three sources with knowledge of the plan told Reuters......»»
Rolls-Royce takes another $1 billion hit to fix problem engine
The bill to fix Rolls-Royce's Trent 1000 engine has risen by another 800 million pounds ($1 billion) as the aerospace group battles to reduce disruption to airline customers that have had to ground Boeing 787 passenger planes for repairs......»»
"I shut my eyes," SoftBank CEO Masayoshi Son says after losing more than $4.7 billion on WeWork
Kim Kyung-Hoon/Reuters SoftBank lost at least $4.7 billion by investing in WeWork after the shared-workspace group's IPO collapsed and its valuation plunged from $47 billion in January to below $10 billion. "My own investment judgment was r.....»»
SoftBank reported an eye-watering $6.5 billion loss in the wake of WeWork"s catastrophic failed IPO
Thomson Reuters SoftBank Group recorded an eye-watering quarterly loss of $6.5 billion early Wednesday, spurred by some of it biggest tech invstments like Uber and WeWork. The Japanese investment giant last month spent over $10 billion bailing&nbs.....»»
Fitbit surges 17% after Google agrees to buy the company for $2.1 billion (FIT)
Reuters Shares of Fitbit surged 17% Friday after Google agreed to buy the company for $2.1 billion. The acquisition is expected to help Google expand into the smartwatch market to compete with the likes of Apple and Samsung. The news confirms a repor.....»»
Hudson"s Bay agrees to go private at $1.45 billion valuation
Hudson’s Bay Co. will go private in a deal valuing the 349-year-old Canadian retailer at $1.45 billion, allowing a group of investors led by Chairman Richard Baker to try their hand at reinvigorating the fading department-store chain......»»
Hudson"s Bay agrees to go private at $1.45 billion valuation
Hudson’s Bay Co. will go private in a deal valuing the 349-year-old Canadian retailer at $1.45 billion, allowing a group of investors led by Chairman Richard Baker to try their hand at reinvigorating the fading department-store chain......»»
MGM agrees to sell Bellagio to Blackstone for $4.25B
MGM Resorts International, pressured by investors to unload its remaining company-owned casinos, agreed to sell the Bellagio resort in Las Vegas to Blackstone Group for $4.25 billion and will... To view the full story, click the title link......»»
Walmart"s Asda agrees $4.9 billion Rothesay Life pension deal
Walmart's Asda has agreed a 3.8 billion pounds ($4.9 billion) 'buy in' with Rothesay Life to secure the benefits for 12,300 members of one of its pension schemes, in a deal that simplifies its balance sheet ahead of a possible standalone listing......»»
Exclusive: China Everbright Group to restructure, pursue billion-dollar HK IPO - sources
State-owned financial conglomerate China Everbright Group aims to restructure its sprawling business and pursue a billion dollar IPO next year in Hong Kong, three people with direct knowledge of the matter told Reuters on Thursday......»»
The owners of FanDuel and PokerStars have struck a $12 billion deal to create the world"s biggest online betting group
Reuters / Steve Marcus The owners of FanDuel and PokerStars have struck a $12 billion deal to create the world's biggest online betting group. Flutter and The Stars Group, which generated combined revenues of $4.7 billion las.....»»
Boris Johnson"s tax plans will place billions of pounds into the pockets of Britain"s richest people
Reuters Boris Johnson's tax plans would cost up to £20 billion a year and mostly b.....»»
Lloyds warns mis-selling could cost it an extra $2.2 billion
Lloyds Banking Group will set aside up to an extra 1.8 billion pounds ($2.2 billion) to settle mis-selling claims in Britain's costliest consumer banking scandal, and said it was suspending its 2019 share buyback program......»»
Exclusive: Alibaba postpones up to $15 billion Hong Kong listing amid protests: sources
China's biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15 billion listing in Hong Kong amid growing political unrest in the Asian financial hub, two people with knowledge of the matter told Reuters......»»
Alibaba postpones up to $15 billion Hong Kong listing amid protests: sources
China's biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15 billion listing in Hong Kong amid growing political unrest in the Asian financial hub, two people with knowledge of the matter told Reuters......»»