Shares in Cheil Industries Inc (028260.KS), the de facto holding company of Samsung Group, doubled on its debut on Thursday in the latest in a series of steps toward generational succession for South Korea's largest conglomerate.
Deals
Icahn offers $20 million to keep Atlantic City Trump casino open
Billionaire investor Carl Icahn offered $20 million in financing on Thursday to keep the Trump Taj Mahal from becoming the fifth casino to close this year in New Jersey's troubled Atlantic City, was once the only major destination for gamblers on the U.S. East Coast.
Deutsche Bank says to review strategy, no comment on Postbank sale report
Deutsche Bank AG (DBKGn.DE) said it would review its strategy in 2015 after a business magazine said it was considering major changes, possibly including the sale of its Postbank-branded (DPBGn.DE) retail unit and a revision of its profit targets.
China's JD.com to sell Gap clothing, vying with Alibaba to woo Western brands
China's JD.com Inc (JD.O) has partnered Gap Inc (GPS.N) to sell the U.S. clothing retailer's apparel online in China, as the Beijing-based e-commerce company goes head to head with Alibaba Group Holding Ltd (BABA.N) to woo big foreign fashion names.
Tycoon Diniz in talks to buy part of Carrefour's Brazil unit
Brazilian tycoon Abilio Diniz is in talks with Carrefour SA about buying a stake in the French retailer's Brazilian unit, a source with direct knowledge of the situation said on Wednesday.
Latest News
Movie maker Lions Gate Entertainment Corp executives last summer tried to meet with Sony Corp CEO Kazuo Hirai to discuss a possible merger or acquisition, according to emails found in documents stolen by hackers.
A senior Hitachi Ltd (6501.T) executive confirmed the company has bid for Italian conglomerate Finmeccanica's (SIFI.MI) train-making and rail signal assets.
Chinese Internet giant Baidu Inc (BIDU.O) agreed to buy a stake in Uber as the online car-hailing service seeks to gain ground on rivals with powerful backers in one of the world's biggest transportation markets.
Citgo Petroleum Corp, Venezuela's U.S. oil refining unit, has received revised bids from at least four bidders, some which have valued the company at more than $10 billion, according to three people familiar with the matter.
Dutch insurer Delta Lloyd NV (DLL.AS) has agreed to sell its Belgian banking operations to China's privately-held Anbang Insurance Group for 219 million euros ($273 million).
Olam International Ltd (OLAM.SI) will buy Archer Daniels Midland Co's (ADM.N) cocoa business for $1.3 billion, it said on Monday, catapulting the Singapore-based commodities merchant into the top tier of the niche bean processing industry.
Standard Chartered (STAN.L) has agreed to sell its Hong Kong-based consumer finance business to a consortium that includes Pepper Australia Pty Ltd and a Chinese group, in a deal estimated between $600 million to $700 million, two people with knowledge of the deal said.
Chinese developer Dalian Wanda Commercial Properties Co Ltd will likely price its Hong Kong initial public offering in the upper half of expectations, IFR reported on Monday, citing a message from underwriters to investors.
French hotel operator Accor announced a strategic alliance with China Lodging Group on Sunday to create a major new player in the fast-growing Chinese domestic travel and hospitality market.
