US asset management majors BlackRock and KKR, who collectively invested $4bn in the crude pipeline network in 2019, have divested their stake to the Abu Dhabi firm
The French major bank BNP Paribas will become the largest shareholder of the Belgian insurer Ageas. The French will take over the stake of about 9% of the Chinese Fosun for 730 million euros, according to a statement from BNP Paribas and also Ageas.
Investors are fearful of weak firms. Intel (INTC) joined the list of stocks to sell when shares lost 8% on Wed. and fell another 1.49% on Thursday. The foundry business lost $7 billion, despite revenue of nearly $19 billion. This year is the inflection ...
Oak Thistle LLC trimmed its holdings in BlackRock, Inc. (NYSE:BLK – Free Report) by 17.2% in the fourth quarter, Holdings Channel reports. The fund owned 779 shares of the asset manager’s stock after selling 162 shares during the period.
BlackRock Inc. and KKR & Co. sold their 40% stake in Adnoc’s oil pipeline network to an Abu Dhabi-based firm five years after acquiring the asset in a deal...
The British group Glas, specializing among other things in loan administration and syndication services, announced on Tuesday that it had completed the acquisition of Pristine. Founded in Paris in 2016, Pristine offers fund administration and structuring as well as trust services....
Woori Financial Group has jumped into the bidding competition to acquire Lotte Insurance, industry sources said Thursday. Woori Financial is the only major domestic financial group that does not have an insurance affiliate, and the group has long outwardly spoken about its intention to strengthen
US-based asset manager BlackRock on Friday acquired shares of Electrosteel Castings and PTC India Ltd for Rs 207 crore through open market transactions.
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