NIBC agrees to takeover offer by Blackstone

Source: Dukascopy Bank SA
The Dutch bank NIBC announced on Monday it had agreed to a takeover offer made by Blackstone, despite the US PE firm reduced its bid by nearly 25% to €7 for a share amid the coronavirus crisis.
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Mon, 13 Jul 2020 10:31:22 GMT

Alibaba's Ma sells $8.2B worth shares

Jack Ma, the co-founder of Alibaba Group Holding, reduced his stake from 6.2% the previous year to 4.8% held in the current year, cashing out about $8.2B, Alibaba's annual filing showed.

Mon, 13 Jul 2020 07:05:12 GMT

Engie to appoint new CEO this September

France's Engie is set to appoint its new CEO in September as the ex-gas monopoly is moving forward to renewable energies, Le Journal du Dimanche reported.

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