On Thursday, the private equity group BC Partners stated it would acquire the majority stake in United Group, the EU pay-TV and cable operator, from KKR for about $3.04B, including debt.
Singapore's ride-hailing service Grab is in negotiations to sell its stake in the Thai business unit to Central Group, Thailand's largest retailer, sources familiar with the matter reported.
On Thursday, the health insurer Aetna stated it is planning a sale of its prescription drug plan unit Medicare Part D to WellCare Health Plans, as it seeks to receive US approval for its $69M merger deal with CVS Health.
As the recent tariffs were set up by both the US and China, the World Trade Organization has decreased its 2018 and 2019 global merchandise trade forecasts.
On Thursday, it was revealed by Reuters that the new upgrade of the Saudi legal system has improved the investing environment of the kingdom.
On Thursday, the Commerce Ministry of China claimed that Chinese authorities hope that trade tensions between China and the US can be resolved, although China is prepared for the worst-case scenario of the trade conflict.
The Wall Street Journal reported that Blue Origin, a space startup of Amazon's founder Jeff Bezos, would supply rocket engines to the United Launch Alliance, a joint venture of Lockheed Martin Corp and Boeing Co.
On Thursday, Westwing stated it had set its price range for the IPO at €23-29 per share, seeking to attract up to €132M.
Japan's Nomura has acquired a minority stake in Julius Baer's Japan outfit, teaming up Nomura's Japanese high-net-worth franchise and the Swiss private bank's wealth management services.
The French Finance Minister stated on Thursday the country had no intention or plans to sell a stake in Air France-KLM.
Malaysia's Axiata Group is thinking over to reject a bid led by the Singapore conglomerate Keppel to acquire mobile firm M1, according to sources.
On Sunday, the Chief Executive Officer of Japanese financial conglomerate SoftBank Masayoshi Son claimed that SoftBank is planning to attract $100B every 2-3 years.
Comcast, which acquired 38% of the UK pay-TV group Sky's shares in its $40B auction win, stated it would not make any purchases for now.
The International Monetary Fund boosted Argentina's three-year lending program by $7B to $57B, on the condition of the Central Bank halting full-scale interventions to support the Peso.
Cyber-security company Darktrace stated that it raised $50M in the latest funding round, which was led by Vitruvian Partners, valuing the form at $1.65B.
Average pay increases awarded by Britain's employers rose more quickly in the three month-period to August after a short-term slowdown, a survey revealed.
Payments startup Stripe stated that it raised $245M in the latest funding round, better positioning the firm to expand to new markets and attract bigger customers.
Singapore Press Holdings and Keppel Corp stated that they have offered to purchase the remaining shares in M1, the Singaporean telecom operator.
South Korea's Central Bank Chief stated the Sino-U.S. trade conflict, weak job market and slow price growth were obstacles to tightening monetary policy.
Profits earned by Chinese industrial firms grew 9.2% year-over-year in August, revealing the weakest growth pace since March, the National Statistics Bureau stated.
Britain's car output fell 12.9% year-on-year in August, the third drop in succession, amid preparations for tougher emissions regulations and model changeovers, an industry body stated.
The Bangladesh economy expanded 7.9% in the period between July 2017 and June 2018, the fastest pace of growth since 1974, the Asia Development Bank reports.
China plans to reduce import tariffs on 1,585 items starting November 1 to offset new tariffs on goods from the US, the State Council executive committee reports.
China plans to strengthen efforts to attract foreign investment with better intellectual property protection and faster approval procedures, a statement released by the State Council executive committee shows.