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  • China's richest man serves up global badminton deal Reuters - Fri, Sep 30, 2016 06:28 BST

    China's Dalian Wanda Group, controlled by the country's richest man Wang Jianlin, has signed an eight-year exclusive partnership with badminton's international governing body, the latest high-level deal by Wanda to expand its global sports footprint. Wanda signed the deal through its subsidiary, Swiss-based sports marketing …

  • Vietnam Sugar Producer Plans $600 Million Singapore Listing @ Bloomberg - Thu, Sep 29, 2016 23:00 BST
    Vietnam Sugar Producer Plans $600 Million Singapore Listing

    Vietnam’s TTC Group, a sugar, energy and real estate conglomerate, is stepping up production of the sweetener and seeking new investors as it gears up for a Singapore listing of one of its sugar units ...

  • CBS, Viacom reunion could lift both after media upheaval Reuters - Thu, Sep 29, 2016 21:26 BST
    The CBS "eye" and logo are seen outside the CBS Broadcast Center on West 57th St. in Manhattan New York

    LOS ANGELES/NEW YORK (Reuters) - Eleven years ago, media mogul Sumner Redstone declared "the age of the conglomerate is over" as he prepared to split old-school broadcaster CBS from the fast-growing Viacom Inc (VIAB.O) cable networks and the Paramount film studio. Now, the Redstone family's National Amusements, the controlling …

  • How To Play The CBS-Viacom Courtship: 3 Scenarios, 1 Recommendation @ Investor's Business Daily - Thu, Sep 29, 2016 21:21 BST
    How To Play The CBS-Viacom Courtship: 3 Scenarios, 1 Recommendation

    Sumner Redstone's National Amusements is officially pushing for CBS and Viacom to get back together, a decade after the two entertainment conglomerates split.

  • Hitachi logos are seen on Electric Power Development Co. Oma Nuclear Power Station under construction in Oma town

    Three Japanese conglomerates are in talks to combine their loss-making domestic nuclear fuel operations, people with direct knowledge of the matter said, as the outlook for restarts of reactors following the Fukushima nuclear crisis remains bleak. Hitachi Ltd <6501.T>, Toshiba Corp <6502.T> and Mitsubishi Heavy Industries …

  • Lotte Group chairman Shin Dong-bin arrives at a court in Seoul

    A South Korean court rejected a request by prosecutors for a warrant to arrest Lotte Group Chairman Shin Dong-bin in the latest twist in a wide-ranging corruption probe that has convulsed the country's fifth-largest family-run conglomerate. Prosecutors may re-submit their request, a prosecution source said, and warrant …

  • South Korean conglomerate Lotte Group, the subject of a wide-ranging corruption investigation, is still intent on seeking an initial public offering for its Hotel Lotte arm, but can only proceed with the plan after prosecutors conclude their probe, a spokesman said on Thursday. Early on Thursday a Seoul Central District …

  • Samsung Biologics Receives Approval for IPO in South Korea @ Bloomberg - Thu, Sep 29, 2016 09:44 BST

    Samsung Biologics Co., the drug-manufacturing arm of the South Korean conglomerate, received approval to list its shares in South Korea, allowing it to move ahead with an initial public offering that would ...

  • Death, Probes, Family Feud: a Look Back at Lotte Group’s Crisis

    A South Korean court said on Thursday it rejected prosecutors’ request to arrest Lotte Group Chairman Shin Dong-bin on corruption charges, bringing some rare relief to a conglomerate that’s been in turmoil ...

  • Court Rejects Request to Arrest Lotte's Chairman @ Bloomberg - Thu, Sep 29, 2016 01:34 BST
    Court Rejects Request to Arrest Lotte's Chairman

    Court in South Korea has rejected requests for the arrest of Lotte Group Chairman Shin Dong-bin. The move brings some relief to the conglomerate and its founding family which has been embroiled in official ...

  • The logo of Mitsubishi Heavy Industries is seen at the company's Sagamihara plant in Sagamihara, Japan

    Hitachi Ltd <6501.T> , Toshiba Corp <6502.T> and Mitsubishi Heavy Industries Ltd <7011.T> aim to merge their nuclear fuel businesses, a person with direct knowledge of the talks said, amid bleak prospects for Japan's nuclear reactors to return to operation after the Fukushima disaster. The three Japanese industrial conglomerates …

  • HNA Comments on Companies Court of Madrid Ruling Business Wire - Wed, Sep 28, 2016 20:05 BST

    HNA remains deeply troubled by the situation at NH Hotel where shareholder value and the future of the Company have been put at risk by the self-interested actions of Hesperia and Oceanwood. HNA intends to appeal the decision regarding injunctive measures and also looks forward to addressing the merits of its case …

  • Supreme Court extends Sahara chief Subrata Roy's parole Reuters - Wed, Sep 28, 2016 14:11 BST
    Sahara Group Chairman Subrata Roy gestures as he speaks during a news conference in Kolkata

    Supreme Court has extended the parole of conglomerate Sahara's chief Subrata Roy by nearly a month in an interim order issued on Wednesday. Sahara, the former sponsor of India's cricket team, has been embroiled in a battle with the Securities and Exchange Board of India (SEBI), which alleges it failed to comply with a …

  • KUALA LUMPUR, Sept 28 (Reuters) - Malaysian conglomerate DRB-Hicom said on Wednesday it was looking at five proposals from foreign bidders for a stake sale in car maker Proton, but said it would continue ...

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

    Japan's Toshiba Corp expects to post a bigger first-half profit than it previously forecast, boosted by rising flash memory chip prices and strong chip demand from Chinese smartphone manufacturers. The recovery in the global memory chip market is a much-needed boon to Toshiba, as the sprawling conglomerate is trying to …

  • Godrej Group, the 119-year-old Indian conglomerate which operates retail stores and sells soaps and shampoos, is looking to introduce premium products across its businesses to boost profit margins.

  • Godrej Looks to Gluten-Free Pastas to Boost Profit Margins @ Bloomberg - Tue, Sep 27, 2016 13:27 BST
    Godrej Looks to Gluten-Free Pastas to Boost Profit Margins

    Godrej Group, the 119-year-old Indian conglomerate which operates retail stores is looking to introduce higher-priced products across its businesses such as organic foods and specialty hair dye to boost ...

  • What Does the Market Expect from Honeywell’s 3Q16 Earnings? @ Market Realist - Tue, Sep 27, 2016 13:06 BST

    Century-old diversified conglomerate Honeywell (HON) is scheduled to declare its earnings for 3Q16 on October 14. In the last eight quarters, Honeywell (HON) has managed to beat its earnings estimates ...

  • A South Korean court will hold a hearing on Sept. 28 to decide on prosecutors' request for an arrest warrant against Lotte Group chairman Shin Dong-bin, a judge said on Tuesday, following a criminal probe of the retail-to-chemicals conglomerate. The court will hear on Wednesday Shin's responses to the submission from prosecutors …

  • Exclusive: Viacom readies U.S. dollar bond - sources Reuters - Mon, Sep 26, 2016 19:19 BST
    A woman exits the Viacom Inc. headquarters in New York

    Media conglomerate Viacom (Baa3/BBB-/BBB) is preparing to price a US dollar bond as soon as this week, market sources told IFR on Monday. Bank of America Merrill Lynch, Citigroup, and Morgan Stanley are arranging investor calls for the bond on Tuesday and Wednesday, according to an email sent to an investor and seen by …

  • South Korean prosecutors asked a court on Monday to approve an arrest warrant for the chairman of the Lotte Group conglomerate on suspicion of embezzlement and breach of trust, a prosecution source with direct knowledge of the matter said. The arrest warrant request comes after Lotte Chairman Shin Dong-bin, 61, was questioned …

  • Lotte Group Chairman Shin Dong-bin is surrounded by reporters as he makes his way upon his arrival at Gimpo Airport in Seoul

    South Korean prosecutors asked a court on Monday to approve an arrest warrant for the chairman of the Lotte Group conglomerate on suspicion of embezzlement and breach of trust, a prosecution source with direct knowledge of the matter said. The arrest warrant request comes after Lotte Chairman Shin Dong-bin, 61, was questioned …

  • Sahara chief Subrata Roy gets temporary relief from court Reuters - Fri, Sep 23, 2016 14:18 BST
    The Sahara group chairman Subrata Roy is escorted by police to a court in the northern Indian city of Lucknow

    India's Supreme Court extended embattled Sahara conglomerate chief Subrata Roy's parole by a week on Friday, temporarily staying an order it had issued just hours before that he be taken back into custody. Roy was first arrested in March 2014 after Sahara, a household name in India, failed to comply with a court order …

  • Sahara chief Roy gets temporary relief from Indian court Reuters - UK Focus - Fri, Sep 23, 2016 14:16 BST

    India's Supreme Court extended embattled Sahara conglomerate chief Subrata Roy's parole by a week on Friday, temporarily staying an order it had issued just hours before that he be taken back into custody. Roy was first arrested in March 2014 after Sahara, a household name in India, failed to comply with a court order …

  • Wang Jianlin, chairman of Dalian Wanda Group, speaks during a news conference in Beijing

    Chinese conglomerate Dalian Wanda Group will market Sony Pictures' films and co-finance some upcoming movie releases of Sony Corp's film unit in China, which is forecast to become the world's top movie market as soon as next year. Wanda, owned by China's richest man, Wang Jianlin, and Sony announced a deal on Friday under …

  • At least three firms including Peugeot maker PSA (PEUP.PA) have signalled interest in a deal with ailing Malaysian carmaker Proton, people familiar with the matter said, as the faded brand's owner seeks to sell a stake in a company once seen as a symbol of the country's drive to industrialise. The search by Malaysian conglomerate …

  • At least three firms including Peugeot maker PSA have signalled interest in a deal with ailing Malaysian carmaker Proton, people familiar with the matter said, as the faded brand's owner seeks to sell a stake in a company once seen as a symbol of the country's drive to industrialise. The search by Malaysian conglomerate …

  • KUALA LUMPUR/PARIS (Reuters) - France's PSA, the maker of Peugeot and Citroen cars, said it is "responding" to an approach for a partnership deal with Malaysian carmaker Proton, as people familiar with the matter said the DRB-Hicom conglomerate that owns Proton is looking to sell a stake in the long-struggling firm. "Peugeot …

  • [$$] Shipping Giant Maersk to Split Into Two Divisions @ The Wall Street Journal - Fri, Sep 23, 2016 05:18 BST

    Danish conglomerate Moeller-Maersk said it is splitting its operations into two separate divisions focused on transport and energy, as it battles the worst shipping downturn in years.

  • Sony Pictures and China's Wanda enter film partnership

    Chinese conglomerate Wanda is seeking to shift its focus from property to services and entertainment by investing in movies produced by Sony Pictures

  • Dalian Wanda, Sony to partner on multiple big-budget movies Associated Press - Fri, Sep 23, 2016 05:05 BST
    FILE - In this June 19, 2013 file photo, Chinese workers prepare the stage ahead of a ceremony for Dalian Wanda Group at a hotel in Beijing, China. China's Dalian Wanda Group and Sony Pictures Entertainment Motion Picture Group have formed a partnership to cooperate on multiple big-budget movies, marking another step into the global film industry by the Chinese conglomerate. Chinese characters on screen reads "International Wanda, Century Enterprise." (AP Photo/Ng Han Guan, File)

    BEIJING (AP) — China's Dalian Wanda Group and Sony Pictures Entertainment Motion Picture Group have formed a partnership to cooperate on multiple big-budget movies, marking another step into the global film industry by the Chinese conglomerate.

  • Maersk Splits Its Shipping, Energy Operations @ Bloomberg - Thu, Sep 22, 2016 17:15 BST
    Maersk Splits Its Shipping, Energy Operations

    A.P. Moeller-Maersk A/S will split into separate transport and energy businesses as Denmark’s biggest company moves ahead with an historic shake-up of the conglomerate. Danske Bank Senior Transport Analyst ...

  • AP Moller-Maersk splits its shipping, energy operations Associated Press - Thu, Sep 22, 2016 12:05 BST
    FILE - In this Jan. 31, 2014, file photo of A.P. Moller-Maersk containers on a ship in the Panama Canal. Denmark’s A.P. Moller-Maersk A/S is splitting its container shipping and energy operations into two independent entities as part of a major shakeup. The Copenhagen-based group said Thursday Sept. 22, 2016 that the transport and logistics division will include its shipping, terminal and container businesses, while the energy division will handle oil drilling and production as well as the tanker business. (Thomas Borberg/Polfoto via AP,file)

    COPENHAGEN, Denmark (AP) — Danish conglomerate A.P. Moller-Maersk A/S is splitting its massive container shipping operations and its energy business into separate companies, in a major shakeup that follows years of declining oil prices and freight rates.

  • The MV Maersk Mc-Kinney Moller, the world's biggest container ship, arrives at the harbour of Rotterdam

    Rocked by low freight and oil prices, Denmark's A.P. Moller-Maersk will split itself up and focus on transport and logistics while seeking a way out of energy in a keenly anticipated revamp aimed at reviving its fortunes. The 112-year-old conglomerate will focus on its core businesses, comprising Maersk Line, APM Terminals, …

  • Maersk to Split Group Into Separate Transport, Energy Companies @ Bloomberg - Thu, Sep 22, 2016 07:58 BST
    Maersk to Split Group Into Separate Transport, Energy Companies

    A.P. Moeller-Maersk A/S will split into separate transport and energy businesses as Denmark’s biggest company moves ahead with an historic shake-up of the conglomerate.

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