Exits

San Francisco Proposes New Regulation for Grocery Stores to Give Ample Notice Before Shutting

A lawmaker's proposal would require San Francisco grocery stores to provide six months' notice before closing and to look for a replacement supermarket.


Universal Music Group Announces Job Cuts After TikTok Deal Talks Fail

Universal Music Group (UMG) announced Wednesday that it would reduce its workforce and streamline operations to save €250 million ($27 million) by 2026...

Polymetal International Sells Its Russian Assets to Siberian Gold Miner for Nearly $3.7 Billion

Polymetal International announced on Monday that it agreed to sell its Russian assets to a Siberian gold miner for approximately $3.7 billion...

Italy Formally Withdraws From Belt and Road Agreement With China

Italy has officially informed China that it is withdrawing from the Belt and Road Initiative (BRI), marking a significant shift in its international economic alliances...


Latest News

Carlyle prepares for $3B exit of specialty chemicals business PQ
Private equity firm Carlyle Group is mulling over an initial public offering or an outright sale of inorganic specialty chemicals producer PQ Corp. Sources said that the proposed deal could bring in U
Jordan Co. sells chemical services company Haas Group for up to $700M
American private equity firm Jordan Company has put up for sale its chemical management business Haas Group International. Sources estimated that the deal could be valued in between USD500 million to
Booming IPO market could cap bond supply
Leveraged finance bankers are heading into 2014 with the same old nagging doubts about whether M&A will finally pick up, but this time round there is an even greater desire for a resurgence as refinan
South Africa's Oasis sells off 2.2% stake in Adcock -spokesman
South Africa-based asset manager Oasis Group Holdings has sold off its 2.2% stake in pharmaceutical firm Adcock Ingram to an undisclosed buyer, according to a spokesman.
China Southern supports plan to back Qantas stake - report
State-owned China Southern airline has held detailed discussions last year with a consortium of wealthy investors to provide financial backing for the syndicate's stake in Qantas.
Norways prepares for divestments as ownership of Statoil is subject for a review
A December 4 interview conducted by Bloomberg with Industry Ministry Monica Maeland revealed Norway's plans to divest some of its holdings in several companies including Statoil ASA.
Corpbanca's search for buyer spurs bond rally
The rally of Corpbanca's high-grade bonds in the merging markets indicated investors' demand for the Chilean bank to find a buyer soon. Corpbanca is run by Chilean billionaire Alvaro Saieh.
Livingstone exits IPC to US security firm Universal Protection
Livingstone has sold Illinois-based shopping center security solutions provider IPC International Corp to Universal Protection Service LLC for USD24 million in cash following a bankruptcy auction.
Lloyds Banking Group agrees on sale of Irish mortgages to Apollo Global Management
Lloyds Banking Group is to divest its Irish home loans to an affiliated company of private equity firm Apollo Global Management in a deal worth GBP 257 million.
Lukoil in talks with international oil players to sell stake in Venezuelan gas project
Russia's No. 2 oil producer Lukoil is looking to put up for sale its 20% stake in a Russian consortium developing a large oil project in Venezuela. Lukoil is in talks with international players after
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