Cerberus Divests Its 40% Stake in Two German Banks
Cerberus Capital Management leaves German banking in a hard situation earlier this year as it was expecting this to happen later.
Citigroup Sells Its Four Consumer Divisions To Singapore’s UOB
Citigroup Inc. will sell its consumer banking businesses in Indonesia, Malaysia, Thailand, and Vietnam to Singapore's United Overseas Bank (UOB). Alongside this,...
Blackstone Plows $3 Billion In CDPQ And Invenergy As Equity Investment
U.S. investment firm Blackstone Inc. will invest $3 billion in CDPQ and Invenergy Renewables Holdings as equity investment.
Blackstone...
Global Logistics Sector See Over $10 Billion M&A activity In Last One Year
The global logistics sector has witnessed a wave of merger & acquisition (M&A) activity in the last one year. The logistics firms...
Pfizer Secures $1.3 Billion Gene Editing Deal
The COVID-19 pandemic has impacted many lives around the world. Everyone remembers the first few months of the pandemic, when there were...
HSBC To Takeover Its Joint Venture In China
British multinational investment bank HSBC Holdings PLC (LON: HSBA) and State-owned Qianhai Financial Holding are in control of a joint venture (JV)-...
BlackRock Inc. Surpasses $10 Trillion Mark In Asset Management
BlackRock Inc. (NYSE: BLK) became the first public asset manager to hit $10.01 trillion in assets. The company crossed the milestone due...
Serbian Media Baron Acquires Southampton FC For $136 Million
Dragan Šolak, the founder of Serbian mass media company United Group, has acquired 80% of stake of Southampton FC last week. The...
Why China Wants To Tighten Foreign IPO Rules?
The Chinese government plans to restrict overseas public listing of Chinese companies.
The China Securities Regulatory Commission (CSRC)...
Take-Two Interactive to Acquire FarmVille Maker Zynga For $11.04 Billion
Take-two interactive software Inc., a Video game maker agreed to buy mobile game maker Zynga for $11.04 billion in cash-and-stock deal. Adding...



