Tag: Ownership changes
Tycoon behind DAMAC’s Trump golf club wants full ownership
DUBAI, United Arab Emirates — The billionaire founder of one of Dubai’s largest developers, DAMAC Properties, announced on Wednesday his intention to take the...
Foundation to spend $1.3B to vaccinate Africans for COVID
One of the world's largest foundations will spend $1.3 billion over the next three years to acquire and deliver COVID-19 vaccines for more than...
Universal Music attracts the attention of US billionaire
Universal Music Group is in talks to sell a 10% stake in a deal that would value the record label at about $40 billion....
Peruvians to pick new president amid relentless pandemic
LIMA, Peru — Amid an unrelenting coronavirus pandemic that has overwhelmed cemeteries, Peruvian voters will choose Sunday between a political novice who has scared...
Kyrgyzstan detains ex-prime minister in mine corruption case
MOSCOW — Kyrgyzstan’s security services have detained a former prime minister in connection with an investigation of corruption involving the huge gold mine that...
UAE and Israel press ahead with ties after Gaza cease-fire
DUBAI, United Arab Emirates — Israel's top diplomat to the United Arab Emirates attended a ceremony in Dubai on the grounds of the Arabian...
Acorns’ stock to take root after investing app OKs merger
NEW YORK — Acorns Grow, whose app encourages people to save and invest with subscriptions for as little as $1 per month, plans to...
Mexico to buy Shell share of Texas refinery for $600 million
MEXICO CITY — Mexico said Monday it will buy Shell’s 50% share in the jointly-owned Deer Park refinery near Houston, Texas for about $600...
Tribune shareholders to vote on hedge fund Alden’s bid
Shareholders of Tribune Publishing, one of the country’s largest newspaper chains, will vote Friday on whether to be acquired by a hedge fund that...
UK to reunify national rail network under government control
LONDON — Britain plans to bring the national rail network back under government control, reversing one of the most controversial elements of the privatization...