Goldman in discussions over B&B Hotels takeover

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Source: Dukascopy Bank SA
Goldman Sachs has entered talks to acquire B&B Hotels from the private equity group PAI Partners in a potential deal that could be valued at $2.1B, according to the Financial Times.
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Mon, 20 May 2019 16:33:40 GMT

France's LVMH acquires Chateau du Galoupet

LVMH, France's luxury goods group, agreed to acquire Le Chateau du Galoupet, the wine producer, for an undisclosed amount, boosting its portfolio of the top spirits and wines, such as Hennessy Cognac and Veuve Clicquot champagne.

Mon, 20 May 2019 15:21:29 GMT

Ford to slash 10% of workforce amid restructuring

On Monday, Ford Motor stated it would slash around 10% of the carmaker's global salaried workforce, trimming up to 7K jobs by the end of summer amid its global restructuring, which would save the company $600M annually.

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