Business & Finance Archives | Reuters News Agency Reuters exclusively reported that Walt Disney Co secured enough shareholder votes to defeat a challenge against its board mounted by Nelson Peltz’s hedge fund Trian Fund Management. The post Disney prevails over Trian in board fight appeared first on Reuters News Agency. Go to Source 10/04/2024 – […]Continue reading
Business & Finance Archives | Reuters News Agency Reuters exclusively reported that Goldman Sachs Asset Management, a unit of Goldman Sachs Group, aims to expand its private credit portfolio to $300 billion in five years from the current $130 billion. The post Goldman Sachs seeks to expand private credit portfolio to $300 billion in five […]Continue reading
Business & Finance Archives | Reuters News Agency Reuters exclusively reported that U.S private equity firm Apollo Global Management Inc (APO.N) is in talks to buy a minority stake in the Middle East, North Africa and central Asia Starbucks (SBUX.O) franchise operated by Kuwait’s AlShaya Group. The post Apollo in talks for AlShaya Starbucks franchise, […]Continue reading
Health Archives | Reuters News Agency Reuters exclusively reported that U.S. drug regulators in September found quality control lapses at Moderna’s (MRNA.O) main factory including with equipment used to manufacture drug substance for its COVID-19 vaccine. The post US FDA finds control lapses at Moderna manufacturing plant appeared first on Reuters News Agency. Go to […]Continue reading
Business & Finance Archives | Reuters News Agency Reuters exclusively reported that Activist investor Elliott Investment Management has built a stake in BioMarin Pharmaceutical (BMRN.O) and has been in discussions with the biotechnology company for months about its future. The hedge fund, which oversees some $60 billion in assets, has spent over $1 billion on […]Continue reading
Business & Finance Archives – Reuters News Agency Reuters exclusively reported that Bayer’s (BAYGn.DE) new CEO plans to cut management jobs to speed up decision-making as a first step to overhaul the embattled German industrial group, which is facing investor pressure to break up. The post Bayer’s new CEO plans to cut management jobs in […]Continue reading
Business & Finance Archives – Reuters News Agency Reuters exclusively reported that UniCredit has been trimming the share of Amundi funds among its assets under management as the Italian bank and its French partner spar over their 3.7 billion euro deal that runs out in 2027. Amundi shares lost 6% on Wednesday, underperforming a 1.5% […]Continue reading
Business & Finance Archives – Reuters News Agency Reuters exclusively reported that U.S. private equity firm Apollo Global Management Inc is seeking to take a majority stake in SAS and aims to apply for approval from Swedish and Danish regulators for the deal as part of the Scandinavian airline’s rescue plan. The post Apollo seeks […]Continue reading
Business & Finance Archives – Reuters News Agency Reuters shed light on how UniCredit has struck a deal with asset manager Azimut Holdings in a move that paves the way for the Italian bank to return to fund management a decade after it pulled away from the business. Under the accord, Azimut will set up […]Continue reading
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