WeWork directors seek to preserve right to sue owner SoftBank
(Reuters) – A special committee of WeWork board members filed a motion in Delaware on Monday to prevent it from being disbanded, as it pursues legal action against majority owner…
Honeywell renews $1.5 billion revolving credit agreement
FILE PHOTO – A logo of Honeywell is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017. REUTERS/Denis Balibouse (Reuters)…
France’s Sanofi to carve out active drug ingredients firm
FILE PHOTO: The logo of Sanofi is seen during the annual results news conference in Paris, France, February 6, 2020. REUTERS/Benoit Tessier PARIS (Reuters) – Sanofi (SASY.PA) plans to create…
Blackstone raises offer for Japan’s Unizo, tops Lone Star’s bid
TOKYO (Reuters) – Blackstone Group (BX.N) has raised its proposed offer to buy Japanese hotel chain Unizo Holdings (3258.T) to 6,000 yen ($53.78) from 5,600 yen per share, the U.S.…
Buffett says coronavirus doesn’t dampen his long-term support for stocks
FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha,…
DP World returns to full state ownership, takes on $8.1 billion debt
DUBAI (Reuters) – Dubai is to take full control of port operator DP World (DPW.DI) in a deal with a $13.9 billion valuation that will help the company at the…
Banks lobby Aramco for incentive fee after slim IPO pickings: sources
DUBAI/LONDON (Reuters) – Global banks who worked on Saudi Aramco’s (2222.SE) record initial public offering are pushing for an additional “incentive fee”, three sources familiar with the matter said, as…
Saudi Aramco tops Crown Prince’s $2 trillion goal as shares surge
DUBAI/RIYADH (Reuters) – Saudi Aramco (2222.SE) topped the $2 trillion target sought by Saudi leader Crown Prince Mohammed bin Salman on Thursday as its shares clocked up a second day…
Saudi Aramco shares priced at top of range in world’s biggest IPO
FILE PHOTO: A sign of Saudi Aramco’s initial public offering (IPO) is seen during a news conference by the state oil company at the Plaza Conference Center in Dhahran, Saudi…
Saudi Aramco says IPO priced at top to make it world’s biggest IPO
RIYADH/DUBAI (Reuters) – State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, the company said on Thursday, making it the…