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Capital Goods Industrial Conglomerates

  • PARIS, Sept 22- Acquisitive media conglomerate Vivendi has prevented a staff share awards scheme going ahead at Ubisoft, where it is the biggest shareholder, as it presses to get board representation at the French video games firm. Vivendi, which has built up a 26.63 percent stake in Ubisoft since 2015, said that it had abstained from voting on a number of...

  • PARIS, Sept 22- Media conglomerate Vivendi has prevented a staff share awards scheme going ahead at Ubisoft, where it is the biggest shareholder, as it presses to get board representation at the French video games firm. Vivendi, which has built up a 26.63 percent stake in Ubisoft since 2015, said that it had abstained from voting on a number of resolutions at the...

  • *$18 bln agreement follows dramatic twists. TOKYO, Sept 20- Japan's Toshiba Corp agreed on Wednesday to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange. It's unclear whether the sale to the Bain Capital- led group will proceed...

  • MOSCOW, Sept 20- Russia's B&N Bank, the country's 12th biggest lender by assets, has sought a bailout from the central bank, just three weeks after another leading Russian bank had to be rescued. B&N Bank is controlled by Russian oligarch Mikhail Gutseriev and is not on the central bank's list of systemically important lenders. "Our objective is, with the support of...

  • **Japan's Toshiba Corp agreed on Wednesday to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange. **U.S. private equity firm Carlyle Group is quitting its decade-long mining services play in Australia through the A $517 million...

  • **Japan's Toshiba Corp agreed on Wednesday to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange. **U.S. private equity firm Carlyle Group is quitting its decade-long mining services play in Australia through the A $517 million...

  • *$18 bln agreement follows dramatic twists. TOKYO, Sept 20- Japan's Toshiba Corp agreed on Wednesday to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange. It's unclear whether the sale to the Bain Capital- led group will proceed...

  • MOSCOW, Sept 20- Russia's B&N Bank, the country's 12th biggest lender by assets, has sought a bailout from the central bank, just three weeks after another leading Russian bank had to be rescued. B&N Bank, which is controlled by Russian oligarch Mikhail Gutseriev and is not on the central bank's list of systemically important lenders, said it had under-estimated...

  • NEW YORK, Sept 19- Uncertainty about how the United States will cope with growing tumult in the world has not dampened Warren Buffett's optimism for the country's prospects over the long term-- even 100 years into the future. Buffett spoke in New York at an event celebrating the 100th anniversary of Forbes magazine, and is on the cover of an issue featuring 100 of the...

  • NEW YORK, Sept 19- Uncertainty about how the United States will cope with growing tumult in the world has not dampened Warren Buffett's optimism for the country's prospects over the long term-- even 100 years into the future. Buffett spoke in New York at an event celebrating the 100th anniversary of Forbes magazine, and is on the cover of an issue featuring 100 of the...

  • MOSCOW, Sept 19- Russian industrial conglomerate Sistema said on Tuesday it had appealed against a court ruling that it should pay damages to oil giant Rosneft, saying it viewed the move as necessary in its pursuit of an out-of-court settlement. A court in the Russian region of Bashkortostan ruled last month that Sistema should pay Rosneft 136.3 billion...

  • MOSCOW, Sept 19- Russian industrial conglomerate Sistema said on Tuesday it has appealed against a court ruling that it should pay damages to oil giant Rosneft, stressing that it viewed the move as necessary in its pursuit of an out-of-court settlement. A court in the Russian region of Bashkortostan ruled last month that Sistema should pay Rosneft 136.3...

  • Uber's headquarters in San Francisco, California.

    The only thing changing faster than who is winning in the cutthroat ride hailing business is the shifting allegiances with their investors.

  • SARAJEVO, Sept 15- Chinese energy conglomerate China Energy Engineering Corp said it is in talks about investing 1 billion euros in a coal power project in Bosnia, one of the biggest energy schemes in the Balkans. If a deal is reached CEEC would fund virtually the entire project to build a 430 megawatt coal-fired power plant and develop a coal mine in Bosnia's...

  • HONG KONG, Sept 15- CEFC China Energy is considering more deals after recently snapping up a $9.1 billion stake in Russia's Rosneft, industry sources said, shrugging off a growing debt pile and rising regulatory scrutiny. CEFC has long held overseas growth ambitions and grabbed the spotlight when it became the first to clinch a major deal since China's recent...

  • HONG KONG, Sept 15- CEFC China Energy is considering more deals after recently snapping up a $9.1 billion stake in Russia's Rosneft, industry sources said, shrugging off a growing debt pile and rising regulatory scrutiny. CEFC has long held overseas growth ambitions and grabbed the spotlight when it became the first to clinch a major deal since China's recent...

  • BEIJING, Sept 14- China's outbound non-financial investment slumped 41.8 percent in January-August from a year earlier, as authorities kept a tight grip on outflows for what they call "irrational" overseas projects. China's state council said in August that China will limit overseas investment in property, hotels, entertainment, sports clubs and film...

  • *Toshiba says to step up talks with Bain, SK Hynix group. TOKYO, Sept 13- Toshiba Corp said on Wednesday it has agreed to focus on selling its prized chips unit to a group led by Bain Capital and South Korean chipmaker SK Hynix, although it is not ruling out a deal with other bidders. Wednesday marks the third time the embattled Japanese conglomerate has failed to meet a...

  • *Toshiba board met on Wednesday to review offers. TOKYO, Sept 13- Toshiba Corp has signed a memorandum to step up talks to sell its memory chip business to a group led by private equity firm Bain Capital and South Korean chipmaker SK Hynix Inc, the Nikkei newspaper said on Wednesday. But the struggling Japanese conglomerate also plans to continue talks with Western...

  • MUMBAI, Sept 13- India's cash crunch and confusion over the introduction of a national sales tax were initially blamed for pulling economic growth down to its weakest pace in more than three years. Thomson Reuters data, based on the latest annual earnings reports, shows India's corporate debt rose to a seven-year high at the end of March. The Indian government...