Walgreens shelves pharmacy Boots’ sale as market turmoil hits dealmaking

People walk by a Walgreens, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, US, November 26, 2021. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Register June 28 (Reuters) – Walgreens Boots Alliance (WBA.O) on Tuesday scrapped the plan to sell its UK high street pharmacy chain, … Read more

Hong Kong’s top finance executives bank on city to thrive as gateway to China

HONG KONG, June 27 (Reuters) – In 1997, the world watched as Britain returned Hong Kong to Chinese rule, with some pessimistic or wary about the outlook for the city and its role in the global financial system. Twenty-five years later, Hong Kong has so far retained its status as a financial hub, and some … Read more

SoftBank overseas business chief exits in latest churn

The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS / Issei Kato / Register now for FREE unlimited access to Reuters.com Register TOKYO, June 22 (Reuters) – Japan’s SoftBank Group Corp (9984.T) said on Wednesday it has appointed Alex Clavel as chief executive of … Read more

AXA registers fund unit amid Shanghai business revival push

The logo of French Insurer Axa is seen outside a building in Montaigu, France, February 23, 2022. REUTERS / Stephane Mahe Register now for FREE unlimited access to Reuters.com Register SHANGHAI, June 2 (Reuters) – AXA Investment Managers has completed registration for a private fund unit in Shanghai, as Chinese regulators streamline processes to help … Read more

Pfizer to sell stake in GSK’s consumer health business after it lists

A person walks past a Pfizer logo amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, US, April 1, 2021. REUTERS / Carlo Allegri / File Photo Register now for FREE unlimited access to Reuters.com Register GSK said in February Pfizer would keep Haleon stake Haleon expected to … Read more

Real estate agent Foxtons picks Chestertons’ boss Gittins as CEO

A signage is seen outside a branch of Foxtons estate agents in Islington, London, Britain, December 10, 2021. Picture taken December 10, 2021. REUTERS / May James Register now for FREE unlimited access to Reuters.com Register May 30 (Reuters) – Real estate agent Foxtons (FOXT.L) on Monday named rival Chestertons’ boss Guy Gittins as its … Read more

Westpac to sell one financial advisory business, merge unit’s funds with Mercer Super Trust

A pedestrian looks at his phone as he walks past a logo for Australia’s Westpac Banking Corp located outside a branch in central Sydney, Australia, November 5, 2018. REUTERS / David Gray Register now for FREE unlimited access to Reuters.com Register May 26 (Reuters) – Westpac Banking Corp (WBC.AX) said on Thursday it would sell … Read more

UK’s THG rejects bid approach; entrepreneur Candy shows interest

Signage is seen on a THG office building in Manchester, Britain, January 18, 2022. REUTERS / Phil Noble Register now for FREE unlimited access to Reuters.com Register LONDON, May 19 (Reuters) – British e-commerce company THG (THG.L) was at the center of a bid battle on Thursday, rejecting an offer from two investment groups and … Read more

Melvin Capital to shut down heavy losses on meme stocks, market slump

May 18 (Reuters) – Melvin Capital, once one of Wall Street’s most successful hedge funds which then lost billions in the meme stock saga, will shut down after it was hit again by this year’s market slump. Gabe Plotkin, widely regarded as one of the industry’s best traders after posting years of double digit returns, … Read more

Activist firm Elliott pushes Western Digital to split its businesses

A Western Digital office building is shown in Irvine, California, US, January 24, 2017. REUTERS / Mike Blake / File Photo Register now for FREE unlimited access to Reuters.com Register May 3 (Reuters) – Elliott Management on Tuesday disclosed it held a stake of nearly $ 1 billion in Western Digital and pushed the company … Read more