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Exclusive: KKR shelves $2 billion sale of Singapore-based Goodpack due to market slump: sources
By Anshuman Daga SINGAPORE (Reuters) – KKR & Co <KKR.N> has shelved a plan to sell Singapore-based Goodpack, which provides shipping containers and logistics services, after the coronavirus outbreak hit valuations, sources with knowledge of the matter said on Wednesday. The private equity group had received bids from a few consortiums after tapping more than […]
China warning: Australia fears trade tariffs just the start of punishing attack
We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights. China has instituted crippling tariffs on exports from the country forcing Australian Labor Party agriculture and resources spokesperson, Joel Fitzgibbon, to warn the taxes on goods are only just the start. Australia […]
Carl Icahn sells over half his Herbalife stake for $600 million
(Reuters) – Activist investor Carl Icahn has sold more than half his stake in Herbalife Nutrition back to the company for $600 million at $48.05 a share and has given up the five seats on the firm’s board held by his representatives, Herbalife said in a statement.FILE PHOTO: An Herbalife logo is shown on a […]