BRUSSELS/LONDON – Fierce competition and sluggish markets make eastern European brewer StarBev a tough sell for its private-equity owner even if it offers potential long-term growth and a…
Reuters: Deals
Archive for category Deals
DealTalk: CVC faces tough market for StarBev sale
Top Olympus lender denies board ambush, but may fill chair
TOKYO – Olympus Corp’s main lender Sumitomo Mitsui Banking Corp (SMBC) denied it was trying to take control of the firm’s board by stealth, but said it might well agree to send a former…
Reuters: Deals
Alibaba.com shares surge on parent plans to privatize
HONG KONG – Alibaba.com Ltd shares rose more than 40 percent to a seven-month high on Wednesday after they resumed trading following an announcement that its parent Alibaba Group will take…
Reuters: Deals
Alibaba bids to take listed unit private for $2.5 billion
SHANGHAI – Jack Ma’s Chinese e-commerce firm Alibaba Group has offered around $ 2.5 billion to take its Hong Kong-listed Alibaba.com unit private, stressing the move was unrelated to any…
Reuters: Deals
Wal-Mart to take majority stake in China e-commerce firm
SHANGHAI/HONG KONG – Wal-Mart Stores Inc said on Monday it is taking a controlling stake in Chinese e-commerce firm Yihaodian, as the world’s largest retailer seeks new revenue sources to…
Reuters: Deals
Wal-Mart to take majority stake in China e-commerce firm
SHANGHAI/HONG KONG – Wal-Mart Stores Inc said on Monday it is taking a controlling stake in Chinese e-commerce firm Yihaodian, as the world’s largest retailer seeks new revenue sources to…
Reuters: Deals