Tag: Investment management

Norway’s Telenor sells Myanmar operations to M1 Group

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BANGKOK — The Norwegian telecoms company Telenor, one of the biggest carriers in Myanmar, said Thursday it has agreed to sell its entire operations...

Bidding war speculation gives UK’s Morrisons shares a boost

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LONDON — Shares in British supermarket chain Morrisons spiked by 11% on Monday as investors priced in the possibility of a bidding war for...

Fortress-led group to buy UK’s Morrisons for $8.7 billion

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LONDON — Morrisons, the U.K.’s fourth-largest supermarket chain, has accepted a 6.3 billion-pound ($8.7 billion) takeover bid from a group of buyers led by...

GOP candidate’s private equity resume draws scrutiny in Va.

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RICHMOND, Va. — Newly retired, Judy Pavlick was among hundreds of seniors who enjoyed the low cost-of-living and friendly atmosphere at Plaza Del Rey,...

GOP candidate’s private equity resume draws scrutiny in Va.

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RICHMOND, Va. — Newly retired, Judy Pavlick was among hundreds of seniors who enjoyed the low cost-of-living and friendly atmosphere at Plaza Del Rey,...

How COVID-fueled crowdfunding can revive small businesses

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A pandemic-fueled boom in crowdfunding has small businesses flocking to capital-raising platforms that experts say could help many companies get back to normal —...

AP Interview: Scott says final score on Pac-12 tenure TBD

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Larry Scott's volatile 11-year tenure as Pac-12 commissioner is in its final month. The conference announced in January he would be stepping...

Private equity firms buy medical equipment giant Medline

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BOSTON — A consortium of private equity firms has reached a deal to acquire family-run Medline, the medical supply and equipment company announced Saturday....

Meme stock cash out: AMC selling 8.5M shares, raises $230.5M

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The movie theater chain AMC is raising $230.5 million through an 8.5 million share sale, cashing in on the meme stock frenzy that has...

2 months in prison for dad who paid $40K in ACT cheat scheme

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BOSTON — The founder of a private equity firm who paid $40,000 to have someone secretly correct his daughter's ACT exam answers was sentenced...