© Reuters. A brand of Swiss financial institution UBS is seen in Zurich, Switzerland March 29, 2023. REUTERS/Denis Balibouse/File picture ZURICH (Reuters) – Cevian Capital has taken a 1.3% stake in UBS, value round 1.2 billion euros ($1.31 billion), the activist investor group mentioned on Tuesday. The funding group mentioned it noticed “significant value potential”…
© Reuters. Russian-flagged bulk service SV Nikolay is unloaded at Izmir port in Turkey June 25, 2022. REUTERS/Yoruk Isik/File Photograph By Ebru Tuncay and Alexander Cornwell ISTANBUL (Reuters) – Abu Dhabi is about to purchase a stake in a key Turkish port, based on 4 sources conscious of the deal, in an extra signal of…
© Reuters. A brand for TMX Group, which operates the Toronto Inventory Trade, is seen after the corporate introduced it was shutting down all markets for the remainder of the day after experiencing points with buying and selling on all its change platforms in Toronto, Ontario, Canada (Reuters) – TMX Group, the proprietor of the…
2/2 © Reuters. Brochures are seen at a department of Axis Financial institution in Mumbai, India, January 22, 2018. REUTERS/Danish Siddiqui/File picture 2/2 BENGALURU (Reuters) -Non-public fairness agency Bain Capital offered a stake value $448 million in Indian personal lender Axis Financial institution in a block commerce on Wednesday, based on a time period sheet…
© Reuters. FILE PHOTO: European Union flags fly outdoors the European Fee in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman/File Photograph By Andrew Grey (Reuters) – Ukraine is hoping for a serious political and monetary enhance from a European Union summit this week as its conflict towards Russia’s invasion grinds on – however Hungarian Prime…
© Reuters. FILE PHOTO: Australian {dollars} are seen in an illustration picture February 8, 2018. REUTERS/Daniel Munoz (Reuters) -Perpetual Ltd’s high investor, Australian diversified funding agency Washington H. Soul Pattinson and Firm (WHSP), has elevated its stake within the firm to 11.66%, in response to an alternate submitting made on Tuesday. This comes after the…
© Reuters. FILE PHOTO: A basic view of a Tesla retailer in Porsgrunn, Norway, December 24, 2021. Image taken December 24, 2021. REUTERS/Victoria Klesty/File Photograph By Terje Solsvik OSLO (Reuters) -U.S. automaker Tesla (NASDAQ:) Inc ought to respect elementary labour rights together with collective bargaining, Norway’s $1.5 trillion sovereign wealth fund stated, whereas including it…
© Reuters. NEW YORK – Guggenheim Capital LLC has just lately elevated its holdings in Brighthouse Monetary (NASDAQ:), Inc., a supplier of annuities and life insurance coverage in america, by roughly 25%. This transfer by Guggenheim Capital underscores a rising curiosity within the monetary providers firm, which has additionally attracted important investments from corporations akin…
© Reuters. FILE PHOTO: A department of Barclays Financial institution is seen, in London, Britain, February 23, 2022. REUTERS/Peter Nicholls/File Photograph By Pablo Mayo Cerqueiro and Anousha Sakoui LONDON (Reuters) – Citigroup and Financial institution of America had been left holding some shares in Barclays after they might not determine sufficient demand for a 510…
© Reuters Manchester United (MANU) and Ineos’ Sir Jim Ratcliffe anticipated to announce stake sale subsequent week – Sky Premier League large Manchester United plc (NYSE:) and petrochemicals billionaire Sir Jim Ratcliffe are anticipated to announce the deal subsequent week that may see the Ineos CEO take a 25% stake within the membership, in accordance…
4/4 © Reuters. Members of Ukraine’s Nationwide Guard Omega Particular Goal unit hearth a mortar towards Russian troops within the entrance line city of Avdiivka, amid Russia’s assault on Ukraine, in Donetsk area, Ukraine November 8, 2023. Radio Free Europe/Radio Liberty/Serhii Nuz 2/4 By Dan Peleschuk and Andrew Osborn KYIV/LONDON (Reuters) – Russian forces are…
© Reuters. By Jan Lopatka PRAGUE (Reuters) – Czech privately-held Sev.en World Investments on Thursday stated it would purchase a majority stake in a big coal-fired plant in Vietnam from U.S. power agency AES (NYSE:) Corp. The acquisition of 51% of the 1.2 gigawatt Mong Duong 2 will assist AES’s plan to divest its coal…
© Reuters. By Pablo Mayo Cerqueiro and Amy-Jo Crowley LONDON (Reuters) – The homeowners of fund administrator Alter Domus are pursuing the sale of a stake within the Luxembourg-based group that would worth it at greater than 4 billion euros ($4.4 billion), three folks aware of the matter instructed Reuters. The shareholders, which embody the…
© Reuters. Kingdom Holding Firm, led by Saudi Prince Alwaleed Bin Talal, has elevated its possession in Citigroup Inc (NYSE:). to 2.2% after buying further shares value $450 million from the prince’s private belongings. This transfer up from a earlier stake of 1.63% represents an additional dedication by one of many monetary large’s most distinguished…
Miriam Adelson, the widow of on line casino magnate Sheldon Adelson, is promoting $2 billion of inventory in Las Vegas Sands so the household can purchase a majority stake within the Dallas Mavericks NBA franchise from Mark Cuban. Cuban, a 65-year-old tech billionaire, will hold a stake within the group and proceed to run the…
