Private Equity
Second Opinion closes out the week with news that EchoStar drops a $3.2 billion bid for British rival Inmarsat, Twitter locks out users suspected of signing up as preteens for over a month and a NYSE executive joins the Winklevoss twins' bitcoin firm.
1 min read · 06 July 2018
First Read ends the week with news that China's ZTE names a new CEO, EPA chief Scott Pruitt resigns amid a wave of scandals and Netflix to end system allowing users to read and write reviews of content.
1 min read · 06 July 2018
In Second Opinion, Boeing and Brazil's Embraer form a $4.75 billion commercial jet venture, doubts grow that the Aramco IPO will happen and the casting of Scarlett Johansson as a transgender man in an upcoming movie is unleashing a storm of criticism.
1 min read · 05 July 2018
First Read begins the day with news that Google is setting rules to curtain employee debates, Chipotle is closing 65 underperforming restaurants, and Walmart has rolled out 3D virtual online shopping.
1 min read · 28 June 2018
German reinsurer Munich Re (MUVGn.DE) is in talks to sell its asset management division to U.S. fund manager Guggenheim Partners, a source told Reuters.
1 min read · 21 June 2018
Investors Ontario Teachers Pension Plan (OTPP) and Macquarie have settled a legal dispute over Brussels Airport, allowing the sale of the transport hub to go ahead after the summer, sources told Reuters.
2 min read · 15 June 2018
In Second Opinion, Royal Caribbean Cruises is taking a majority stake in Silversea Cruises for about $1 billion, Rolls-Royce is cutting 4,600 jobs and the New York Attorney General is suing the Trump Foundation, the President and his family for illegal conduct.
1 min read · 14 June 2018
Claroty, a maker of software to defend factories and industrial plants from cyber attacks, said on Monday it has raised $60 million from investors including Rockwell Automation, Schneider Electric and Siemens AG.
1 min read · 11 June 2018
Second Opinion wraps up the week with news that Airbnb forms a $10 million fund to cover cancelled reservations in Japan after a change in that country's law, Verizon names a new CEO and Anthony Bourdain, the popular chef and host of CNN's "Parts Unknown" is dead at 61 of an apparent suicide.
1 min read · 08 June 2018
Aldar Properties ALDR.AD said on Monday it had reached agreement with Abu Dhabi’s Tourism Development & Investment Company (TDIC) to acquire real estate assets worth 3.7 billion dirhams ($1.01 billion), marking further consolidation of state-controlled entities in the emirate.
2 min read · 07 May 2018
