Accor has signed a definitive binding agreement to sell its approximately 30.7% shareholding in hotel owner and operator Essendi, formerly known as AccorInvest. The agreement formalises a deal first disclosed in April, when Accor signed a memorandum of understanding (MoU)
Agri-food investor Unigrains acquires minority share in Haricaman as the firm targets €50m in sales by 2026. Spanish cereals group Haricaman has secured a minority investment from agri-food investor Unigrains, though financial details remain undisclosed. The family-owned b
The African Development Bank approves financing to build a lithium iron phosphate battery plant, targeting 10GWh initial capacity for electric vehicles. The African Development Bank Group has approved a €100m ($114m) loan to fund an integrated lithium iron phosphate batter
KO resumes operations at four U.S. Fairlife plants following a cyberattack that disrupted dairy product manufacturing. Coca-Cola announced the majority of production at its Fairlife facilities has been restored after a ransomware attack disrupted operations. The cyber inci
The deal combines JD.com’s e-commerce platform and physical stores with Carrier’s HVAC brands to boost omnichannel sales in China. JD.com has agreed to collaborate with Carrier Global Corporation to develop an omnichannel retail ecosystem for home comfort products. The par
If You Invest $10,000 in AGNC Investment Today, Here's the Monthly Passive Income You Could Have in 20 Years AGNC Investment (NASDAQ: AGNC) pays an eye-popping monthly dividend. The real estate investment trust (REIT) currently yields 13.6% That's well over 10 times
Cathie Wood's firm increased holdings in Tesla, SpaceX, and Meta while reducing positions in Figma and Shopify last week. ARK Invest purchased an additional $52.7M in Tesla shares during the July 20-24 period, marking its largest allocation of the week. The move followed a
Quick Read - OTEX trades at 5x forward earnings with 82% recurring revenue; DXC generates $1 billion in operating cash flow against a sub-$2 billion market cap. - PE buyouts historically arrive with a 20% to 40% cash premium, rewarding shareholders of cash-heavy, undervalued...</
Swiss wealth manager Vontobel reports record half-year earnings, driven by lower costs and strong net new money inflows across regions. Vontobel’s first-half profit jumped 87% year-on-year to SFr216m, beating expectations as efficiency improvements cut the cost-income rati
Deal values Planet 13 shares at approximately 0.0154 Vireo shares each, expanding U.S. cannabis retail operations. Vireo Growth will acquire Planet 13 in an all-stock transaction, aiming to bolster its position in key U.S. cannabis markets. The agreement converts each outs
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