Ant Financial Services Group, Alibaba’s financial services affiliate, is seeking to buy a 20 percent stake in …
Tag:
stake
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Egyptian information technology firm, Raya Holding (RAYA.CA) Raya Holding announced its investment plan in a release sent to …
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India’s Tata Communications Ltd is selling a 74 percent stake in its data center business to Singapore-based …
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Industry & Trade
Nissan to take key stake in scandal-hit Mitsubishi Motors: sources
by Noha Gadby Noha GadNissan Motor Co (7201.T) is set to take a key stake in Mitsubishi Motors Corp (7211.T), two …
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Tech news
Toshiba preparing Westinghouse writedown, CEO to step down
by Ghada Ismailby Ghada IsmailJapan’s Toshiba Corp is preparing to write down the value of its stake in U.S. nuclear subsidiary …
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Chinese e-commerce giant Alibaba Group Holding Ltd said on Tuesday it agreed to buy a controlling stake …
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Tech news
Foxconn to lessen offer for Sharp by around $900 million: Jiji
by Ghada Ismailby Ghada IsmailTaiwan’s Foxconn is likely to reduce its capital injection into embattled Japanese electronics firm Sharp Corp (6753.T) …
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The World Refining Association’s Inaugural Egypt Downstream Summit & Exhibition is taking place on February 15-16 – …
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Industry & Trade
Qalaa Holdings exits Misr Glass Manufacturing, United Glass for US$105mn
by Noha Gadby Noha GadEgypt’s Qalaa Holdings’ subsidiary MENA Glass Ltd. Has signed agreements to sale its entire stakes in Misr …
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Tech news
Yahoo will not spin off Alibaba stake, weighs core business sale – CNBC
by Noha Gadby Noha GadYahoo Inc is weighing a sale of its core Internet business and will not sell its stake …