Volkswagen sheds Bugatti, maker of over-the-top sports cars
NEW YORK (NYTIMES) – Volkswagen on Monday (July 5) said it was giving up control of Bugatti, a storied automaker whose absurdly expensive [...]
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CapitaLand sells its last 2 malls in Japan for $520m, puts $90.8m in 2nd logistics asset there
SINGAPORE (THE BUSINESS TIMES) – CapitaLand has sold two of its retail malls in the Greater Tokyo area, Olinas Mall and Seiyu & [...]
Food ingredients maker Tate & Lyle exploring separation of two businesses
FILE PHOTO: The logo of Tate & Lyle compagny is seen on their European Innovation Centre in Villeneuve d’Ascq, France, September 26, 2018. [...]
Toshiba's investor 3D calls for strategic review after CVC bid
TOKYO (BLOOMBERG) – One of Toshiba Corp’s largest investors is calling on the Japanese conglomerate to run a strategic review after private equity [...]
Uber to seek partial sale of US$6.3 billion Didi stake
SAN FRANCISCO (BLOOMBERG) – Uber Technologies is seeking to sell part of its US$6.3 billion (S$8.5 billion) stake in China’s Didi Chuxing, as [...]
French insurer AXA weighs sale of S'pore business to raise cash
AXA is considering a sale of its Singapore business as it seeks to raise funds divesting peripheral operations, according to people familiar with [...]