WeWork, CDPQ set up property platform

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The We Company, the parent of working space provider WeWork, stated that it created a $2.9B worth platform for real estate investments, with financing from Canada's pension funds CDPQ, strengthening ties with the Rhone Group.
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Thu, 16 May 2019 06:40:01 GMT

France's Arkema to acquire ArrMaz for $570M

French group Arkema is set to acquire the US-based firm ArrMaz in the deal valued at $570M on the enterprise-value basis that should bolster the French chemicals company's earnings as well as its presence in the sector of performance additives.

Thu, 16 May 2019 05:31:28 GMT

IDC: semiconductor revenue to fall 7%

Semiconductor revenue is anticipated to fall 7.2% globally in this year after the growth in three years in succession, as the industry faces slowing smartphone sales and weakening demand in China, IDC stated.

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