Vietnam automaker VinFast files for U.S. IPO to fund expansion

HAIPHONG (Reuters) -Vietnamese automaker VinFast said on Thursday its Singapore-based holding company had filed for an initial public offering (IPO) with U.S. securities regulators, as it plans spending of $4 billion on its first U.S. factory complex.

newspaper

07-04-2022

Benettons pose road block for Atlantia suitors

Global Infrastructure Partners and Brookfield Infrastructure have pitched a possible takeover of Italian road and airport operator Atlantia but face opposition from the Benetton family, which controls the group.

newspaper

07-04-2022

UK financial watchdog promises to shut down failing firms faster

Britain's financial watchdog said on Thursday it will create 80 new jobs to shut down problem companies faster as it faces pressure from lawmakers to deal with corporate collapses more efficiently and tackle a rising volume of scams.

newspaper

07-04-2022

Oil tanker groups Euronav and Frontline plan $4.2 billion tie-up

Belgian oil tanker group Euronav and smaller Oslo-listed rival Frontline plan to merge in an all-stock transaction valued at $4.2 billion that they said would cut costs and help in their low-carbon transition.

newspaper

07-04-2022

Vietnamese automaker VinFast files for U.S. IPO to fund expansion

Vietnamese automaker VinFast said on Thursday its Singapore-based holding company had filed for an initial public offering (IPO) of the group with U.S. securities regulators, as it plans $4 billion spending on its first U.S. factory complex.

newspaper

07-04-2022

Elon Musk's arrival stirs fears among some Twitter employees

News of Tesla Chief Executive Elon Musk taking a board seat at Twitter has some Twitter employees panicking over the future of the social media firm's ability to moderate content, company insiders told Reuters.

newspaper

07-04-2022

Vietnamese automaker VinFast files for U.S. IPO

Vietnamese automaker VinFast said on Thursday that a Singapore-based holding company that owns a stake in it had confidentially filed for an initial public offering (IPO) with U.S. securities regulators.

newspaper

07-04-2022

European shares rise as investors play safe with defensive stocks

(Reuters) -European shares on Thursday recovered from a selloff, as healthcare stocks surged to a record high even though risks from a hawkish Federal Reserve and Washington's new sanctions on Russia kept investors on edge.

newspaper

07-04-2022

Atlantia shares surge as rival bidders circle

MILAN (Reuters) -Global Infrastructure Partners and Brookfield Infrastructure pitched a possible takeover of Italian road and airport operator Atlantia last week after talks with its main shareholder, the two funds said.

newspaper

07-04-2022