Hints and tips:
...Vista and GIC declined to comment....
...Vista is to acquire a 2.3 per cent stake at the same valuation....
...Reliance Industries’ Jio — owned by Asia’s richest man Mukesh Ambani — has in recent weeks secured more than $10bn in investment from Facebook and private equity groups including KKR, General Atlantic, Vista...
...As part of the deal, Vista will retain the remaining 50 per cent stake....
...LG Electronics and Canada’s Magna International will launch a joint venture to manufacture electric motors, inverters and electric drive systems as global automakers accelerate their shift to electric vehicles...
...Apollo saw investors stepping back over its founder Leon Black’s links to the late paedophile Jeffrey Epstein, while Robert Smith, the founder of Vista Equity Partners, admitted to hiding $200m from the...
...The proposed deal is the latest sign of how rugby is following the trajectory of other sports, such as football, baseball, motor racing and basketball....
...Nikola also revealed a revised deal with General Motors, that was significantly scaled back from the one announced in early September. First off, GM will no longer be taking a stake in Nikola....
...Earlier this month, fellow US private equity firms Vista Equity Partners and Silver Lake announced their own investments into Jio, at $1.5bn and $750m respectively, with an April deal by Facebook for a bumper...
...(BBG) Smith vs Sheth Vista Equity Partners founder Robert Smith admitted to years of tax evasion on the public stage....
...(FT) News round-up WhatsApp hack led to targeting of 100 activists (FT) General Motors warns of $2.9bn blow from US factory strike (FT) UBS becomes first foreign IPO sponsor on China’s Star (FT) Digital...
Transatlantic alliance is an acknowledgment that global tie-ups are essential for automakers
...Ford is experimenting with autonomous postal services, while General Motors through its Cruise unit is also planning to launch a public robo-taxi service....
ISS and Glass Lewis urge investors to vote against CEO’s re-election as director
Three-group partnership to boost connectivity with voice control of music and AI assistance
...General Motors has appointed former CIA official Jami Miscik to its board, the carmaker said. She’s currently the chief executive and vice-chair of Kissinger Associates, a consulting firm....
...Corporate earnings reports out today include Nissan Motor, Hong Kong Exchanges & Clearing, CapitaLand, Square Enix, Link REIT, Inpex and Olympus....
...Corporate earnings reports out today include Toyota Motor, NTT Data, Sumitomo Electric Industries, Mitsubishi Motors, Kepco, Singapore Airlines and Cipla....
...Corporate earnings reports out today include SingTel, Bridgestone, Tata Motors, Secom, Shiseido and Toshiba Corp....
...The statement from Galaxy comes after Chinese carmaker Great Wall Motor said in September it will take a 3.5 per cent stake in Australian lithium producer Pibara Minerals for around A$28m ($21.9m)....
...The economic calendar for Tuesday is not exactly a heavyweight contender (all times Hong Kong): 08.30: Australia new motor vehicle sales08.30: Singapore non-oil domestic exports...
...Corporate earnings reports out today include Mitsubishi Motor, Axis Bank, Asian Paints, Shimano, Shin-Etsu Chemical, Obic, Bank Danamon, SIA Engineering, Hero MotoCorp, Ricoh Leasing, Nissin Electric, Fujitsu...
...Carlos Ghosn, the chairman of Mitsubishi Motors, came under shareholder pressure to explain his choice of chief executive to run the scandal-hit Japanese automotive group after two key investor advisory...
International Edition