Associated British Foods will separate the fast fashion brand from its food unit, echoing recent consumer demergers. That will give the two parts focus and create a $16 bln retailer. But rising ...
The buyout shop had an offer rejected by Intertek, a testing and inspection firm that plans to split in two. The ...
That’s what the tech tycoon thinks his company should be worth in its upcoming IPO. The rocket, communications satellites ...
The world's top battery maker could raise even more than last year's Hong Kong listing. The oil shock is boosting demand and founder Robin Zeng is building more factories and mines. But the firm ...
Hardware chief John Ternus is next up to lead the $4 trln company. He succeeds a maestro of operations, from supply chains to an orderly handover. Yet the firm grew ever more reliant on the ...
The building-products empire is turbo-charging growth by adding insulation company TopBuild. Promised synergies worth $2.4 bln don't cover the 23% premium, however, and the implied return is just 5% ...
The UniCredit CEO outlined some scenarios for his pursuit of Germany’s $48 bln Commerzbank. What’s missing is a big premium ...
The UK oil major's shares are up 30% during Chair Albert Manifold's seven-month tenure. That makes it hard to see why ...
Indian states home to Samsung and Suzuki factories ordered wage hikes of up to 35% after workers protested surging living costs. It dents the $4 trln economy's manufacturing pitch. Governments that ...
Donald Trump's Gulf War has caused death and destruction in the Middle East, as well as global economic damage. Yet ...
Welcome back! I spent the past week in Hong Kong, talking to senior financiers, executives, and policymakers while revisiting ...
Yancoal's $2 bln agreement to buy a mine Down Under will raise eyebrows. Beijing is the Sydney-listed company's owner and Canberra is wary of foreign state buyers. Yet Australia's need to barter for ...
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