Elliott pushes Japan’s Unizo to accept $1.6 billion Blackstone bid
Unizo Holdings’ top shareholder Elliott Management pushed the Japan hotel operator to accept a $1.6 billion tender offer from Blackstone Group , warning it would...
What makes Japanese hotelier Unizo attractive for Blackstone and Elliott?
Little-known hotelier Unizo Holdings Co Ltd has found itself the center of private equity attention, with global names vying for the opportunity to buy into...
WH Smith to buy Marshall Retail for $400 million in U.S. airports push
British retailer WH Smith Plc made its second major foray into U.S. airports on Thursday with a $400 million purchase of Marshall Retail Group, expanding...
Unilever suffers dip in emerging markets sales growth
A slowdown in India and China put a brake on Unilever’s quarterly sales growth, highlighting the challenges facing Chief Executive Alan Jope as he tries...
U.S. tariffs threaten livelihoods of Spain’s olive-farming families
A double whammy of U.S. import tariffs kicking in on Friday and a recent steep drop in global olive oil prices is threatening the subsistence...
Brexit up in the air as key Northern Ireland party refuses to back draft
Prime Minister Boris Johnson’s last-ditch attempt to clinch a Brexit deal was thrown into disarray hours before a European Union summit on Thursday when the...
Big U.S. liquefied natgas players move fast, the small race to keep up
A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race...
Tokyo 2020 Olympics head: Wants to discuss IOC plan to move marathon to Sapporo
Tokyo wants more time to discuss the International Olympic Committee’s plan to move the marathon to Sapporo, Yoshiro Mori, the president of Tokyo 2020 Olympics...
Samsung says will soon patch Galaxy S10 fingerprint recognition problem
Samsung Electronics Co Ltd said on Thursday it will soon roll out a software patch to fix problems with fingerprint recognition on its flagship Galaxy...
Climate-change protesters disrupt London rush hour sparking ire of commuters
Climate change activists disrupted rail services in London on Thursday, sparking a physical confrontation between angry commuters and a protester who had climbed onto the...