By Alan Charlish
The global buyer consortium includes PSA International and fund manager IFM Investors, in addition to Polish state fund PFR.
After being acquired, it is now wholly-owned by Bytedance’s subsidiary Beijing Zhaoxi Guangnian Technology.
INTL FCStone provides financial-services execution, risk management, market intelligence, and post-trade services.
The deal also marks Hyundai’s foray into fleet vehicles as it expands operations from automobile manufacturing and sales to total fleet solutions.
The three-year-old arm of Chinese conglomerate Fosun will launch at least 11 new resorts in the coming years under the French brand.
Evergrande will feel the pressure too from local players, like BYD Co., which has been a big beneficiary of electric-car subsidies from Beijing.
Waddle will use the fresh capital to scale the platform in Australasia and accelerate the integration of its global financial services partners.
L&T announced it has agreed to buy Cafe Coffee Day founder V.G. Siddhartha’s stake in Mindtree Ltd for ₹3,269 crore, setting the stage for a showdown with the Bengaluru-based company’s controlling shareholders, who are preparing a defence against the hostile takeover.
The company will sell four Leela hotels at Bengaluru, Chennai, Delhi and Udaipur and its property in Agra to Brookfield.
FIS and Worldpay combined will have annual revenue of about $12 billion and adjusted core earnings of about $5 billion.