China's Faraday Future halts row with its main investor

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Source: Dukascopy Bank SA
On Monday, Faraday Future, China's electric vehicle developer, announced it had clinched a new restructuring deal with its main investor Evergrande Health Industry Group's unit, ending a legal dispute and clearing the way for raising funds.
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Wed, 02 Jan 2019 05:53:02 GMT

Warburg Pincus purchase of Leumi Card to be approved

On Monday, the Israeli banking regulator stated it was set to approve the Bank Leumi's credit card unit, Leumi Card, sale to Warburg Pincus, after finding the deal "fit and proper".

Wed, 02 Jan 2019 05:29:33 GMT

Saudi Aramco completes acquisition of rubber JV Arlanxeo

Saudi Aramco has acquired the remaining 50% stake in the Netherlands' rubber joint venture Arlanxeo from the chemicals company Lanxess, becoming the only owner of the firm, it announced on Monday.

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