By Juliet Shwe Gaung
Xiaoju was recently spun off into an independent unit after securing $1 billion from parent Didi Chuxing.
Three members of Tesla’s board will now weigh whether it is advisable – or even feasible – to pursue what could be the biggest-ever go-private deal, and they are doing so before receiving a formal proposal from the CEO.
The shares represent approximately 3 percent of RHB’s enlarged share capital.
AirAsia Group and Expedia formed the JV, AAE Travel Pte Ltd in 2011, in which Expedia held 75 per cent stake since 2015.
India Digest: CCI clears Adani-Ruchi, Teleperformance-Intelenet deals; Future Retail may get foreign investorBy Pramugdha Mamgain
Adani Wilmar had emerged as the highest bidder for Ruchi Soya with an offer of about Rs 6,000 crore.
HotelsCombined is a hotel metasearch engine that claims to aggregate more than 2 million deals from hundreds of travel sites and hotel chains.
The investment will help the company meet capital expenditure for the next five years, grow operations, and achieve next stage of growth.
Blockchain platform developer Dexon Foundation has raised $20 million in a private placement led by China’s IDG Capital.
The move is in line with a transformational strategy pushed by Sinochem chairman Ning Gaoning to zero in on core assets as it finalizes a merger with ChemChina.
Elon Musk said he’s getting advice from Goldman Sachs and private-equity firm Silver Lake on taking Tesla Inc. private, as the billionaire drip feeds details of a potential deal valued at more than $70 billion.