PG&E reaches $11B settlement agreement on wildfire claims

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Source: Dukascopy Bank SA
On Friday, the PG&E Corp power producer stated it had reached an $11.0B settlement agreement with the units representing around 85% of the insurance subrogation claims related to 2017-2018 wildfires.
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Fri, 13 Sep 2019 15:08:27 GMT

WeWork reduces CEO's voting powers amid IPO

The We Company, the owner of WeWork, has diminished the voting power of its CEO and founder Adam Neumann amid changes in its corporate governance deemed to boost demand for its planned IPO.

Fri, 13 Sep 2019 13:38:12 GMT

LSE drops Hong Kong's $39B takeover offer

On Friday, the London Stock Exchange flatly rejected the $39B takeover offer made by Hong Kong bourse, choosing to stick with the planned purchase of Refinitv, the data and analytics group.

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