Saudi Arabia's PIF considers buying stake in movie studio Legendary

Source: Dukascopy Bank SA
PIF, the Saudi Arabian sovereign wealth fund, is thinking over a purchase of a $700M worth stake in the US movie studio Legendary Entertainment, the producer of "Interstellar" and "Jurassic World" films, according to sources.
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Thu, 15 Nov 2018 07:52:25 GMT

China's JD Group puts HK insurance unit up for sale

JD Group, the Chinese financial firm, is planning a sale of FTLife Insurance, its insurance business unit in Hong Kong, seeking to raise up to $2.5B in a potential deal.

Thu, 15 Nov 2018 07:31:04 GMT

South Korea's CJ acquires Schwan's Co for $1.84B

On Thursday, the South Korean food giant CJ CheilJedang stated it had acquired the privately-owned US frozen food company Schwan's Co in a deal worth $1.84B, the biggest-ever takeover by the food-to-entertainment conglomerate.

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