Wanda to Cede Control of Its Mall Unit in $8.3 Billion Deal
Dalian Wanda agreed to cede control of its shopping mall unit in a deal worth 60 billion yuan ($8.3 billion).
Dalian Wanda agreed to cede control of its shopping mall unit in a deal worth 60 billion yuan ($8.3 billion).
Fresh off a split from its US counterpart, the Asia business of venture-capital firm GGV Capital is considering raising money to invest in private debt for the first time, according to people familiar with the matter.
Kenya’s annual inflation eased to a two-year low after the currency’s world-beating streak helped rein in import prices.
Two Sigma Investments disclosed that a years-long dispute between its billionaire co-founders is continuing to pose material risks to clients and affect its ability to keep staffers from leaving, with a 12-year veteran of the $60 billion hedge fund set to depart.
Rubrik Inc., a cloud and data security startup backed by Microsoft Corp., is planning to file as soon as next week for an initial public offering, according to people familiar with the matter.
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