Hanwha bets big on offshore expansion with $447M Dyna-Mac acquisition
In a strategic financial move, South Korea’s Hanwha Group has set its sights on a major expansion into the offshore plant sector. The conglomerate, known [more…]
Category: Business
Hong Kong’s Physical Fitness chain shuts down, directors arrested amid fraud investigation
In a plot twist straight out of a crime drama, Hong Kong’s fitness buffs were left in the lurch last week when Physical Fitness, a [more…]
Fortress Investment makes bid for Japan’s Spa Resort Hawaiians
Spa Resort Hawaiians—once the tropical crown jewel of Fukushima’s tourism industry—is now under the spotlight again, but this time for a corporate takeover. Fortress Investment [more…]
Talos Energy unveils major Gulf of Mexico oil find, boosts future prospects
In a striking development from the Gulf of Mexico, U.S. energy firm Talos Energy has announced a significant find of oil and natural gas. The [more…]
BYD takes the wheel in Germany with Hedin acquisition
In a move that signals its growing ambition in the European market, China’s BYD has announced plans to acquire its German distributor, Hedin Electric Mobility. [more…]
NFL seeks slice of private equity profits in new ownership deal
The National Football League (NFL) is preparing to carve out its slice of the private equity pie, adding a new twist to the already high-stakes [more…]
Petronas teams up for a greener Malaysia
In an era where the battle against climate change has reached a fever pitch, three giants of the energy world have teamed up to make [more…]
Electric vehicle adoption slows, leaving Ampol’s expansion plans in limbo
Ampol’s big dreams of electrifying Australia’s highways seem to be running out of juice, with the fuel supplier lagging behind on its ambitious plan to [more…]
Standard Chartered shuffles senior execs in global transaction banking
Standard Chartered is shaking things up in its transaction banking division, and it seems like there’s a bit of a musical chairs vibe going on. [more…]
Canadian retail giant ACT makes a $38.4bn bid for 7-Eleven in historic takeover attempt
In an unexpected move, the Canadian convenience store powerhouse Alimentation Couche-Tard (ACT) has thrown down a jaw-dropping £29.7 billion ($38.4 billion USD) bid for the [more…]