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The Walt Disney Company will reportedly spend $ 52.4 billion to acquire a substantial portion of the 20th Century Fox media empire. According to Variety, the purchase will include the film studio (and its subsidiaries); a cable package that includes the FX Networks, National Geographic, and several sports and international channels; and Fox’s shares of […]
Published time: 27 Jun, 2017 03:00 A court has frozen some assets belonging to Russian businessman Vladimir Yevtushenkov’s Sistema conglomerate, including shares in Russia’s largest mobile operator MTS and two other companies over a dispute with state-run oil giant Rosneft. An enforcement action was received Monday, according to a statement issued by the investment conglomerate […]
REUTERS/Claro Cortes IV Acquisitive Chinese conglomerate HNA Group is in talks to buy a controlling stake in the owner of the publisher of Forbes magazine, two sources with knowledge of the matter told Reuters. Hong Kong-based investor group Integrated Whale Media Investments (IWM), which holds 95 percent of Forbes Media, is also in talks with […]
