By Krishna N. Das
U.S. oil and gas company Chevron Corp said on Monday it has agreed to sell its three gas producing fields in Bangladesh to Chinese firm Himalaya Energy, as part of a plan to raise billions of dollars by shedding non-core properties this year. “The agreement is for the sale of… Read more »
It is expected to be the world’s largest ever IPO
JAB Luxury holds 67.7 percent of Jimmy Choo, which trades from over 150 stores globally.
Sumitomo Holdings joined the round.
Wall Street is betting Sprint Corp. and T-Mobile US Inc. will soon revive talks on a blockbuster merger, but a recent surge in demand for wireless assets has Sprint exploring other ways to unleash value. Sprint’s parent SoftBank Group Corp. believes the company’s vast trove of wireless spectrum, which can… Read more »
Japan, Singapore, Australia and NZ are top distressed debt markets.
KKR and INCJ may be joined by Western Digital & Development Bank of Japan.
The problem is, in true Walmart fashion, the retailer is trying to buy revenue growth on the cheap.
Facebook Inc on Wednesday pulled aside the curtain on a secretive unit headed by a former chief of the Pentagon’s research arm, disclosing that the social media company is studying ways for people to communicate by thought and touch. Facebook launched the research shop, called Building 8, last year to… Read more »
Shares of electronics and appliances retailer Harvey Norman Holdings Ltd and department store chain Myer Holdings Ltd slumped 3%.