Walmart buys stake in Chinese online retailer
The world’s largest retailer buys a 5% stake in Chinese e-commerce firm JD.com. But can the Walmart-JD alliance supplant market leader Amazon?
Walmart buys stake in Chinese online retailer
GOP officials’ honor at stake
Dauman Says Viacom’s Effort to Buy Stake in Paramount Is Being Delayed
At an investor conference, Phillippe Dauman, Viacom’s chief, alluded to recent troubles involving the 93-year-old mogul Sumner Redstone.
Amundi Agrees to Buy Majority Stake in Kleinwort Benson Investors
Amundi will acquire a 87.5 percent stake in the company from Oddo & Cie, with the management of Kleinwort Benson Investors owning the rest.
K.K.R. Selling Stake in the Fashion Group SMCP to Shandong Ruyi of China
The deal, terms of which were not disclosed, is the latest in a series of acquisitions by Chinese investors in the European luxury market.
Yahoo to Keep Alibaba Stake but Spin Off Core Businesses
Yahoo has decided to retain its Alibaba stake and will instead look at transferring its other assets, including Yahoo Japan, into a new company.
Brazilian Airline Azul Sells Stake to HNA Group of China
It is the second time this year that the airline, founded by David Neeleman, has turned to China for capital.
Yahoo Pressured to Keep Alibaba Stake and Sell Core Business
As questions arise over taxes on the sale of Yahoo’s stake in Alibaba, Starboard Value is urging Yahoo to sell its core advertising business instead.
Consortium Plans to Buy 30% Stake in Cablevision for Billion
The deal led by the Canada Pension Plan Investment Board and funds advised by BC Partners would be part of a takeover by Altice, a European telecommunications company.
British Government to Sell Billion Stake in Lloyds Banking Group
It had originally planned a retail offering in Lloyds shares last year, but it delayed those plans because of turmoil in the markets.
Nelson Peltz Picks Up Seats on Sysco’s Board Days After Buying a Stake
The food supplier Sysco added two seats to its board to accommodate the activist investor Nelson Peltz and another executive at Trian Fund Management.