News

The $27 bln French luxury giant is set to pick Renault head Luca de Meo as its new boss, reports say. Kering badly needs a shakeup, and outsider picks have worked in other sectors. But the group’s ...
By the standards of sharper-elbowed markets, the recent dust-up between activist investor Strategic Capital and the Tokyo Stock Exchange is positively mild. For Japan’s historically sleepy stock ...
The $33 billion offer to buy out Toyota Industries rests on shareholders acquiescing in effectively financing a large slug of the deal. As a shocking example of how to engineer around Japan’s ...
BPCE, the Paris-based mutual, is buying Novo Banco for 6.4 bln euros. The valuation looks reasonable, and Lisbon seems on ...
In fresh signs of trouble for its $8 bln merger with Skydance, Shari Redstone’s media empire lost its CFO and is expanding ...
The porn-heavy platform is in talks to sell to a US investor group. An $8 bln valuation implies a lower multiple than the ...
Investors in emerging market stocks get biblical returns. Seven years of plenty are often followed by seven lean ones. The ...
Five years ago, the $560 bln software developer started by Larry Ellison spent little and reaped a lot. Now it’s plowing 60% ...
Insurance is becoming the engine of the $17 trillion private asset management industry. For years, buyout barons funded deals ...
Marelli, which supplies parts to Nissan and Stellantis, will restructure some $4.9 bln of debt under US Chapter 11. India’s ...
The world’s largest asset manager aims to boost revenue 75% by 2030, buoyed by tech and private markets. Yet this bakes in a ...
Negotiators agreed for the People’s Republic to resume rare earth supplies in return for nixing punitive measures. Both sides ...