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Johnson & Johnson approaches Actelion about takeover deal

November 26, 2016 by · Leave a Comment 

By Paul Arnold and Ludwig Burger ZURICH/FRANKFURT (Reuters) – U.S. healthcare company Johnson & Johnson said on Friday it was in preliminary talks with Actelion about a potential takeover of Europe's largest biotech

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Johnson & Johnson approaches Actelion about takeover deal

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Swire Pacific in talks to buy Coca-Cola bottling assets in China: Bloomberg

November 17, 2016 by · Leave a Comment 

(Reuters) – Hong Kong conglomerate Swire Pacific Ltd is in talks to buy Coca-Cola Co's bottling assets in China from Cofco Corp's [CNCOF.UL] China Foods Ltd unit, Bloomberg reported. A potential deal could value the business at about $1 billion and the companies could announce a deal as soon as this week, Bloomberg said, citing people familiar with the matter. Swire…

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Swire Pacific in talks to buy Coca-Cola bottling assets in China: Bloomberg

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Foreign banks shaken by Malaysia’s move to halt currency slide

November 17, 2016 by · Leave a Comment 

By Saikat Chatterjee and Praveen Menon HONG KONG/KUALA LUMPUR (Reuters) – Foreign banks in Malaysia on Thursday were trying to work out how to comply with the central bank's clamp-down…

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Foreign banks shaken by Malaysia’s move to halt currency slide

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VW, suppliers settle dispute after marathon talks

August 24, 2016 by · Leave a Comment 

By Andreas Cremer BERLIN (Reuters) – Volkswagen and two of its parts suppliers on Tuesday resolved a contract dispute that had hit output at more than half of the carmaker's German plants and threatened to undermine its recovery from a diesel emissions scandal. After more than 20 hours of negotiations that went on through the night, VW said it had settled its differences with CarTrim, which makes seats, …

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VW, suppliers settle dispute after marathon talks

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Caesars investors weigh impact of harsh examiner report

March 17, 2016 by · Leave a Comment 

An examiner's report on Tuesday found Caesars and its private equity backers could be on the hook for their efforts to keep the struggling casino empire afloat, which ended with last year's bankruptcy of Caesars' operating unit, CEOC. Examiner Richard Davis and an army of lawyers investigated claims …

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Caesars investors weigh impact of harsh examiner report

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Chipotle mulls more food giveaways as customers slowly return

March 17, 2016 by · Leave a Comment 

Executives speaking at an investment conference on Wednesday said the company has recovered about one-third of sales lost to a string of food safety lapses last year, and more free offers may be forthcoming as part of

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Chipotle mulls more food giveaways as customers slowly return

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New York’s Plaza Hotel to go on sale next month: Bloomberg

March 17, 2016 by · Leave a Comment 

(Reuters) – New York's Plaza Hotel is set to go on sale in an auction next month, Bloomberg reported on Wednesday. David and Simon Reuben hold the mortgage on the five-star hotel and scheduled a foreclosure auction for April 26, Bloomberg said, citing a source. For sale are the Plaza's hotel rooms, its restaurants and retail space.

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New York’s Plaza Hotel to go on sale next month: Bloomberg