Owner
Couche-Tard discusses higher price for 7-Eleven owner
ALIMENTATION Couche-Tard is discussing improving its takeover proposal for Seven & i Holdings with the goal of convincing the Japanese convenience store operator to start engaging in discussions, sources...
Zara owner Inditex sees early autumn sales perk up after summer slowdown
ZARA owner Inditex reported a jump in sales of its autumn/winter collection on Wednesday (Sep 11), boosting its share price as the world’s largest listed fashion retailer recovered from...
Hedge funds may lose billions from Temu owner PDD’s stock crash
CONCENTRATED bets on popular Chinese e-commerce giant PDD Holdings may have led to losses in billions of dollars for hedge funds from a crash in its shares following downbeat...
Cordlife shareholder linked to Nanjing Xinjiekou owner dumps entire 10% stake
Global Cord Blood Corporation is ultimately owned by Sanpower Group Corporation, which also holds a stake in Nanjing Xinjiekou Department StoreGLOBAL Cord Blood Corporation’s joint liquidators from Grant Thornton,...
Silicon Valley Bank’s former owner gains approval to end bankruptcy
SVB Financial Group, the former owner of failed Silicon Valley Bank (SVB), received a US judge’s permission on Friday (Aug 2) to turn over its assets to creditors and...
Uniqlo owner posts 29% jump in Q3 operating profit
The company raised its full-year profit forecast to 475 billion yen from 450 billion yenJapan’s Fast Retailing, the owner of clothing brand Uniqlo, said on Thursday (Jul 11) its...
LVMH chief Arnault said to have bought stake in Cartier owner Richemont
BERNARD Arnault has taken a personal equity stake in Cartier parent company Richemont, according to people familiar with the French billionaire’s investments.
It’s unclear exactly how much of a shareholding...
HSBC to boost stake in China fund venture to become majority owner
HSBC Holdings agreed to buy part of its partner’s stake in a China fund venture, becoming a majority shareholder and adding to its expansion in the world’s second-largest economy....
