Nielsen agrees to sweetened $10-billion buyout offer from Brookfield-led group

(Reuters) -Nielsen Holdings will go private for $10.06 billion in a sweetened deal with a consortium of private equity firms led by Brookfield Asset Management Inc, days after the TV rating firm rejected a takeover bid from the group.

newspaper

29-03-2022

Credit Suisse faces $500 million plus bill after ex-Georgian PM wins court case

ZURICH (Reuters) -A Bermuda court on Tuesday ruled former Georgian Prime Minister Bidzina Ivanishvili and his family are due damages "substantially in excess of $500 million" from Credit Suisse's local life insurance arm in a costly setback for the bank.

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29-03-2022

J&J to stop selling personal care products in Russia

(Reuters) -Johnson & Johnson said on Tuesday it would halt sale of personal care products in Russia, joining other companies that have limited their business in the country in response to its invasion of Ukraine.

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29-03-2022

Vietnam arrests chairman of FLC, Bamboo Airways over alleged market manipulation

HANOI (Reuters) -Vietnamese police on Tuesday arrested the chairman of one of the country's largest private groups on suspicion of manipulating the stock market, the Ministry of Public Security said.

newspaper

29-03-2022

China's largest banks signal tough times ahead

Three of China's largest banks have said that the country's lenders face multiple headwinds this year that include the pandemic, global politics and domestic turmoil in the real estate industry.

newspaper

29-03-2022

TIM board to examine private equity interest

MILAN (Reuters) -The board of Telecom Italia (TIM) will on Tuesday start examining a proposal from CVC for a stake in its enterprise services business and its directors will be also be briefed on discussions with KKR over a rival approach.

newspaper

29-03-2022

Nielsen agrees to $10-billion buyout offer from Brookfield-led group

Nielsen Holdings will go private for $10.06 billion in a deal led by Brookfield Asset Management Inc, days after the TV rating firm rejected a takeover bid from a group of private equity firms.

newspaper

29-03-2022

Former Georgian PM wins Bermuda claim against Credit Suisse subsidiary

A Bermuda court on Tuesday ruled a subsidiary of Credit Suisse was responsible for hundreds of millions in losses racked up by fraudulent trades executed for a billionaire client.

newspaper

29-03-2022

Russia steps up economic retaliation with Eurobond rouble buyback offer

(Reuters) -Russia retaliated in what it has called an "economic war" with the West on Tuesday by offering to buy back its $2 billion Eurobonds maturing next month in roubles rather than dollars.

newspaper

29-03-2022