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  • [$$] Disney and Vice, a Storybook Romance @ The Wall Street Journal - 2 minutes 23 seconds ago

    The family-friendly entertainment conglomerate, worried about reaching young men in an era of cable-cutting, is betting big on the profane gonzo journalism of ex-punk rocker Shane Smith.

  • If the deal comes through, it could fetch the insurance conglomerate hundreds of millions of dollars in proceeds, the Journal reported, citing people familiar with the matter. CPPIB is also in talks to buy a related reinsurance company based in Bermuda, the WSJ reported. AIG and CPPIB declined to comment.

  • Wang Jianlin, chairman of the Wanda Group, poses for pictures after an interview in Beijing

    Real estate and entertainment conglomerate Dalian Wanda Group Co expects to seal two billion-dollar film-related deals in the United States this year, chairman Wang Jianlin said on Tuesday, as China's richest man steps up his push into Hollywood. After completing the acquisition of two non-production film companies - each …

  • Man speaks on his mobile phone as he sits in front of a shop displaying the Idea Cellular Ltd's logo on its shutter in Mumbai

    India's No. 3 mobile phone carrier, Idea Cellular, strongly denied a news report on Tuesday that it was in exploratory talks about a merger with larger rival Vodafone India. A spokeswoman for Idea's parent, conglomerate Aditya Birla, called the CNBC TV18 report of talks between Idea and Vodafone "baseless and absolutely …

  • The Vodafone logo can be seen on top of a building outside Madrid, Spain

    India's No. 3 mobile phone carrier, Idea Cellular, strongly denied a news report on Tuesday that it was in exploratory talks about a merger with larger rival Vodafone India. A spokeswoman for Idea's parent, conglomerate Aditya Birla, called the CNBC TV18 report of talks between Idea and Vodafone "baseless and absolutely …

  • Quebec-based convenience store operator Alimentation Couche-Tard is buying CST Brand for $3.67 billion takeover, acquiring a conglomerate that supplies ExxonMobil, Valero, BP, Shell and Phillips66 fuel to some 3,000 gas stations around the country and operates hundreds of gas station convenience stores.

  • Soccer-Senior Liverpool source says club not up for sale Reuters - UK Focus - Sun, Aug 21, 2016 10:34 BST

    The American owners of England's Liverpool Football Club are not planning to sell, a senior source at the soccer club said on Sunday, after reports that they were gearing up for the possible sale of a stake to a Chinese-backed consortium. The source reiterated the club's position that its owners would listen to any expressions …

  • BEIJING (Reuters) - Bohai Steel Group, the indebted state-owned conglomerate, may receive help from a local government bailout fund to restructure its debts, the online financial magazine Caixin said at ...

  • State-Backed Chinese Group Everbright Eyes Liverpool FC Stake

    A state-backed Chinese group is plotting to buy a stake in Liverpool Football Club in a deal valuing the Premier League outfit at more than £700m – even as its American owners insist they have no intention of relinquishing control. Sky News has learnt that China Everbright (Other OTC: CEVIF - news) , a financial services …

  • Soccer-Liverpool hire advisers after Chinese bid - report Reuters - UK Focus - Sat, Aug 20, 2016 21:48 BST

    Liverpool's owners have hired an investment bank to advise on the possible sale of a sizeable stake in the club to a Chinese consortium, the Financial Times said on Saturday citing sources close to the matter. The consortium is structured as a partnership between Everbright, a Chinese state-owned financial conglomerate, …

  • Soccer-Liverpool hire advisers after Chinese approach - report Reuters - UK Focus - Sat, Aug 20, 2016 21:19 BST

    Liverpool's owners have hired an investment bank to advise on the possible sale of a sizeable stake in the club to a Chinese consortium, the Financial Times said on Saturday citing sources close to the matter. The consortium is structured as a partnership between Everbright, a Chinese state-owned financial conglomerate, …

  • Electrical post is seen on a road in Montero Lobato

    Chinese power conglomerates are gradually becoming the dominant force in Brazil's electricity industry, where high debt, a harsh recession and less stringent takeover barriers than in other major markets have stoked a wave of acquisitions. Since the start of 2015, Chinese companies have been the protagonists in three of …

  • IBL of Mauritius on Prowl for Acquisitions on African Mainland @ Bloomberg - Fri, Aug 19, 2016 10:25 BST

    Mauritian conglomerate IBL Ltd. is looking to expand African operations past a handful of Indian Ocean island nations into countries such as the Ivory Coast.

  • Maersk Exploring All Options as Report Points to 2-Way Split @ Bloomberg - Fri, Aug 19, 2016 07:15 BST
    Maersk Exploring All Options as Report Points to 2-Way Split

    A.P. Moeller-Maersk A/S said it’s still considering several options in its strategic review after a local newspaper reported that the Danish conglomerate was exploring a two-way split into an energy and ...

  • A.P. Moeller-Maersk A/S said it’s still considering several options in its strategic review after a local newspaper reported that the Danish conglomerate was exploring a two-way split into an energy and ...

  • China’s latest red-hot IPO is its massive state-owned film distributor

    The stock price of China’s most dominant movie distributor has made for entertaining viewing since its IPO 10 days ago. As the distribution arm of China Film Group—a state-owned conglomerate that has exclusive rights to importing foreign movies—China Film Co. has a 58% share of the nation’s overall movie distribution market. …

  • NetEase Q2 Solid Beat: What's There Not To Like? @ Barrons.com - Thu, Aug 18, 2016 02:41 BST

    China's largest Internet companies are doing very well this earnings season. E-commerce giant Alibaba Group (BABA) reported its fastest revenue growth since it went public, while the largest gaming and Internet conglomerate Tencent Holdings (0700.Hong Kong) grew its mobile gaming revenue by a whopping 113% from a year …

  • A German steelmaker ThyssenKrupp worker controls a blast furnace in Duisburg

    Debt in the world's top 30 steel companies totals a record $150 billion (£115.05 billion), international accountancy firm EY said on Thursday, adding governments' action to support the sector would work only if matched with more radical industry restructuring. Overcapacity and weak steel prices have piled pressure on firms …

  • AirAsia India outlines plans to expand fleet, network Reuters - Wed, Aug 17, 2016 14:46 BST
    AirAsia aircraft sit on the tarmac at Singapore's Changi Airport

    Budget airline AirAsia India said on Wednesday that it planned to gradually expand its fleet and network in India as it seeks to boost its small share of a fast expanding domestic market. The airline, a tie-up between Malaysian carrier AirAsia Bhd and India's Tata Sons conglomerate, said it planned to add a seventh Airbus …

  • Nobody understands what just happened between MGM Resorts and MGM China, but it's making Wall...

  • Berkshire takes bigger bite of Apple, pares Wal-Mart Reuters - Tue, Aug 16, 2016 05:28 BST

    Berkshire owned 15.23 million Apple shares worth $1.46 billion as of June 30, up from 9.81 million shares as of March 31, according to a regulatory filing from Buffett's Omaha, Nebraska-based conglomerate. The filing also said Berkshire cut its stake in Wal-Mart Stores Inc (WMT.N), the world's largest retailer, by 27 percent …

  • Hyundai Breaks From Go-It-Alone Strategy @ Bloomberg - Tue, Aug 16, 2016 02:25 BST
    Hyundai Breaks From Go-It-Alone Strategy

    Hyundai may tweak a strategy that helped it become the world's fifth biggest carmaker. As part of a vast conglomerate, Hyundai has always been able to draw from an internal network of suppliers, snubbing ...

  • [$$] Wanda Commercial Shareholders Approve $4.4 Billion Buyout @ The Wall Street Journal - Mon, Aug 15, 2016 07:28 BST

    Shareholders voted to accept Chinese property-and-entertainment conglomerate Dalian Wanda Group’s $4.4 billion buyout offer for its Hong Kong-listed commercial property unit.

  • A. P. Moeller-Maersk A/S, a Danish conglomerate that owns the world’s largest container shipping company, is voicing concern as a potential shift in U.S. policy threatens to reduce global trade.

  • When French tycoon Vincent Bollore backed out of a deal to buy the pay-TV business of Italian broadcaster Mediaset (MS.MI), and instead proposed to take a large slice of the parent company itself, investors feared he was plotting another stealth raid. The family of former Italian premier Silvio Berlusconi, which controls …

  • Maersk Drops Investment Banks to Do Review on Its Own, CFO Says @ Bloomberg - Fri, Aug 12, 2016 13:06 BST
    Maersk Drops Investment Banks to Do Review on Its Own, CFO Says

    A.P. Moeller-Maersk A/S, which is conducting a review that may lead to the breakup of the 112-year conglomerate, is taking on the task without help from investment banks, its chief financial officer said....

  • Maersk profit sinks in tough market AFP - Fri, Aug 12, 2016 11:43 BST
    Maersk profit sinks in tough market

    Danish oil and shipping conglomerate A.P. Moller-Maersk said its second quarter profits were dragged down by "challenging supply-demand imbalances"

  • The logo of Toshiba Corp is seen behind trees at its headquarters in Tokyo

    Toshiba Corp on Friday said extensive restructuring helped the Japanese conglomerate swing to its first operating profit in six quarters, signalling recovery from a $1.3 billion accounting scandal that unmasked underperforming operations. Toshiba, whose output is as diverse as consumer electronics and nuclear power reactors, …

  • The logo of Toshiba Corp is seen behind trees at its headquarters in Tokyo

    Toshiba Corp on Friday said extensive restructuring helped the Japanese conglomerate swing to its first operating profit in six quarters, signalling recovery from a $1.3 billion (1 billion pounds) accounting scandal that unmasked underperforming operations. Toshiba, whose output is as diverse as consumer electronics and …

  • [$$] Thyssenkrupp Profit Down 34% on Steel Prices @ The Wall Street Journal - Fri, Aug 12, 2016 05:08 BST

    German industrial conglomerate Thyssenkrupp reported a 34% slide in net profit, weighed down by drops in global steel and material prices.

  • Indian conglomerate Aditya Birla Group plans to merge its subsidiaries Grasim Industries Ltd and Aditya Birla Nuvo Ltd through a stock swap and spin off its financial services business, it said on Thursday. The plan is part of a restructuring of the group, run by billionaire Kumar Mangalam Birla, to simplify its complex …

  • Chicago Bridge & Iron (CBI) Clinches a $350M Contract Zacks - Thu, Aug 11, 2016 14:01 BST
    Chicago Bridge & Iron (CBI) Clinches a $350M Contract

    Global engineering, procurement and construction conglomerate Chicago Bridge & Iron Company N.V. (CBI) recently secured a $350 million contract from a renowned electric power holding company.

  • Alphabet’s top “Other Bets” executives don’t like the odds and are leaving the company

    Leaving a top spot at Alphabet is all the rage these days, it seems. Bill Maris, who oversees Alphabet’s unit for early-stage venture capital investments, GV (formerly Google Ventures), is the third senior executive at the tech conglomerate to leave since June, Recode reported. GV’s website now lists David Krane, a partner …

  • [$$] Business Watch @ The Wall Street Journal - Thu, Aug 11, 2016 04:16 BST

    Samsung BioLogics Co., the contract drug-manufacturing unit of South Korean conglomerate Samsung Group, is planning to raise as much as $2.5 billion from an initial public offering that would value it ...

  • Triple-E class container ship "Madison Maersk" of Maersk Line loaded with containers is berthed at Nansha port in Guangzhou

    Maersk Line, the world's biggest container shipper, has decided to stop services to and from 10 ports in China as part of a drive to reduce costs. Maersk Line, a unit of Danish conglomerate A. P. Moller-Maersk (MAERSKb.CO), has, like other container shipping companies, been hit by historically low freight rates in the …

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