Hints and tips:
...He says that for 15 years, half of the carried interest he was entitled to from Vista’s premiere fund was filtered through a Nevis LLC called Flash Holdings, owned via bearer shares by a Belize foundation...
...The 65-year-old South African-born surgeon, who made his fortune with a pioneering cancer drug, is one of Tronc’s largest shareholders....
...A California billionaire who has long coveted the Los Angeles Times has acquired a 13 per cent stake in Tribune Publishing, its parent company, which is being stalked by rival Gannett, the owner of USA Today...
...He has talked about using Mr Soon-Shiong’s patents in AI and machine learning, which the South African-born scientist said “could create a news network that is unprecedented”....
...BofA Merrill Lynch, Morgan Stanley, Citigroup, and Credit Suisse (USA) will act as global co-ordinators and joint book runners on the public offering....
...Some market participants had a scare this year, when the malfunction of an algorithm trading derivatives – lasting 143 seconds – caused the collapse of a small local broker in South Korea....
...Andy Milnes, head of oil supply and trading for BP in North and South America, said company analysts are watching not only petroleum fundamentals but Brazilian sugarcane – a source of ethanol fuel....
Alila, the Asian hotel group, has announced plans to restore and redevelop an 18th-century fort in Rajasthan
...The new downstream company is to be called Murphy Oil USA, a move that already prompted confusion among analysts....
...Elsewhere, Newedge USA has named Antoine Babule as chief executive of the brokerage and clearing company....
...Tropical Storm Lee weakened late Sunday into a depression as it came ashore and moved slowly northwards, USA Today reports, but there were warnings further flooding could be seen....
...Sprint Nextel is suing to block AT&T’s bid to take over T-Mobile USA, the Los Angeles Times reports....
...He also cautioned on currency tailwinds as the South African rand and some other key currencies weakened against the US dollar....
Uncertainty over reforms is not stopping a brisk trade in clearing
...Interest has also come from Steinhoff International, the South African-listed furniture retailer, which missed out on buying But three years ago. All parties declined comment....
...Heineken USA has distributed Femsa’s beer in the US since 2005, following Femsa’s decision to extract itself from a distribution agreement in 2004 with former partner Interbrew....
...Femsa and Heineken USA, a unit of the Dutch beermaker, signed a deal in April 2007 to extend their relationship for another 10 years....
...Spending billions of dollars for a minority stake in the struggling US mobile network operator might not seem like the wisest investment decision, but analysts say South Korea’s leading wireless carrier...
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