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...The CMA declined to comment on ongoing proceedings, but its chief executive Sarah Cardell told the business and trade committee last month that: “Competition is a keystone and an absolutely foundational...
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...The deal marks the end of CPI Property Group’s ownership of the resort....
...In Andermatt-Sedrun, another Swiss ski and golf resort in which a majority stake was bought by Vail Resorts a year ago, the number of overnight stays by North Americans quadrupled last winter....
...It’s being tested at Vail, Beaver Creek, Breckenridge and Keystone resorts this winter, with a full launch planned for next year....
...Brookfield is still considering offloading a minority stake or recapitalising Center Parcs, but could also opt to hold the resort group for several more years, the people said....
...He launched the subsidiary Melco Resorts in 2004....
...Over the past two years, the Biden administration has tightened China’s access to crucial AI chips, leading companies to stockpile ahead of bans, repurpose Nvidia gaming chips or resort to the black market...
...A recent 500,000-gallon spill of crude oil from TC Energy’s Keystone pipeline in Kansas cost about $480mn to clean up....
...The Trump family’s luxury Scottish golf resort made its first profit since the acquisition almost a decade ago....
...Vail Resorts agreed to buy the Crans-Montana ski resort in the Swiss Alps, in a SFr118.5mn ($136mn) deal that will give the Colorado-based group ownership of an iconic European holiday destination....
...The sector’s resilience explains why Choice Hotels International is looking to check into rival Wyndham Hotels and Resorts....
...TC Energy, the Canadian pipeline operator behind the aborted plan to build the controversial Keystone XL crude pipeline, said in July it was spinning off its oil transportation business to concentrate on...
...As well as the Hawaii event, for which some employees were brought in by private plane and which was held at a luxury resort, IRL spent liberally on another company event near Mont Blanc....
...The Canadian alternative assets group plans to sell the UK holiday resorts business for a mooted price of more than £4bn....
...Suggested reads Vietnam’s VinFast to spend up to $2bn on India car, battery plant (Nikkei Asia) Chinese companies resort to repurposing Nvidia gaming chips for AI (FT) Baidu’s bet on AI could make or...
...Contracting other companies for hardware or services is a last resort, so much so that an executive once told car reviewers the company made everything on the vehicle “except the tyres and the windscreen...
...Choice Hotels International has gone public with a nearly $10bn hostile bid for rival Wyndham Hotels and Resorts, after six months of takeover talks to create one of the biggest US budget hotel operators...
...If a sale goes ahead, it could potentially net a windfall for Brookfield, which acquired the resort group from Blackstone for about £2.4bn in 2015....
...The LIV tour is to play its penultimate tournament of the season this week in Jeddah, Saudi Arabia before its championship finals at Donald Trump’s Miami resort scheduled for late October....
...In 2019, it acquired Peak Resorts, the owner of 17 ski resorts including Hunter Mountain in New York and Mount Snow in Vermont, for roughly $264mn....
...Apart from Barbie, it is developing 14 other live action film spin-offs, and often resorts to legal action to protect its IP, with mixed results....
...A version of this article was first published by Nikkei Asia on February 2. ©2024 Nikkei Inc. All rights reserved....
...As fingers are pointed, and VCs get angry at themselves but mostly each other for destroying the goose that laid the golden egg, Silicon Valley’s partner of first and last resort — a much loved, appreciated...
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