WeWork reduces CEO's voting powers amid IPO

Note: This section contains information in English only.
Source: Dukascopy Bank SA
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.
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Fri, 13 Sep 2019 16:20:34 GMT

Tencent bids for China's Bitauto with JD support

Tencent Holdings and its PE partner Hammer Capital made a buy-out offer for the Chinese car website Bitauto Holdings worth $16 for a share, valuing the firm at less than $1.2B.

Fri, 13 Sep 2019 14:21:19 GMT

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

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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