Elliott asks Pernod Ricard for €500M cost cuts

Source: Dukascopy Bank SA
Elliott Management, the activist hedge fund, has required Pernod Ricard's board for $500M cost cuts to help bolster the company's operating performance.
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Thu, 13 Dec 2018 10:16:33 GMT

Apple to construct new campus worth $1.0B in Texas

Apple is set to make an investment of $1.0B to establish the second campus in Texas, while another $10B will be invested into new data centres within the following five years, as the tech giant seeks creating 20K new jobs in US.

Thu, 13 Dec 2018 08:55:53 GMT

Trussardi owners nearing stake deal with Quattro R

The Investment fund Quattro R is nearing a deal with the Trussardi owners to acquire a 80% stake in Italy's fashion house, according to a Il Sole 24 Ore newspaper's report published on Thursday.

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