Family offices

EQT Plans to Divest 20% Stake in Ottobock to Its Existing Major Shareholders

Swedish global investment company EQT will return 20% of Ottobock's investment to its significant shareholders.

Donald Trump Appeals $454 Million Civil Fraud Verdict as Penalty Increases to $112,000 Per Day

Former President Donald Trump is appealing a New York judge's ruling that he must pay $454 million in penalties and interest in a civil fraud case...

Donald Trump Ordered to Pay Nearly $355M in Civil Fraud Case | He Will Now Have to Pay $438M for 2 NY Civil Trials

In his biggest punishment to date, a New York judge ordered former President Donald Trump and his companies to pay almost $355 million for fraudulently inflating the values of his properties...

Warren Buffett Donates a Whooping $870 Million in Berkshire Hathaway Stock to 4 Charities Before Thanksgiving

Warren Buffett has made a substantial move ahead of Thanksgiving, donating over $870 million in Berkshire Hathaway stock to four family foundations...

Latest News

Hongkongers' property purchase intentions drop -survey
An annual Citibank survey found that Hongkongers' interest in purchasing property dropped more than 10% year-on-year and that the average quarterly property transactions fell by 40%.
Financial advisers make use of social media for business
Social media is utilized by financial advisers to connect with managers and prospective clients.
Dongfeng and France to invest in Peugeot
Chinese carmaker and France to contribute EUR1.5 billion individually for the expansion of Peugeot in Europe and in Asia.
Versace nearing the inclusion of a minority partner
In an interview, Donatella Versace confirmed the near finalization of a deal with a minority stakeholder.
Alvar Aalto's design house sold to Vitra for global exposure
Finnish modern design house Artek sold its business to Swiss design firm Vitra.
Brookfield announces that it has raised over US$14 billion in its latest initiative
Brookfield Asset Management stated that various international investors of one of their initiatives have now committed over US$14 billion.
Bumi nears completion of $500M deal for Bakrie exit
The Indonesian coal producer is close to completion of a deal pegged at US $500M that will mark Bakrie's exit.
Landmark Apartment Trust of America Buys 8 New Multifamily Properties Worth US$169.3 Million
Landmark Apartment Trust of America bought eight new multifamily properties worth US$169.3 million .
Thaksin To Purchase Bakrie Family Share in Bumi Plc
Thaksin Shinawatra, the former Thai PM, would purchase the Bakrie family interest in Bumi Plc.
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