China’s Country Garden Buys Time to Repay Debt—but Not Long

[ad_1] China’s top surviving private developer bought more time to sort out its liquidity problems. [ad_2] Source link

Heineken Sells Russia Business…for $1

[ad_1] The deal with Russia’s Arnest Group comes after Moscow seized the local assets of Danish beer rival Carlsberg. [ad_2] Source link

WSJ News Exclusive | Subway Sandwich Chain Agrees to Sale to Roark Capital

[ad_1] Subway agreed to be acquired by Roark Capital in a deal that the sandwich chain’s chief executive said would help spread thousands of new locations around the world. [ad_2]…

China Torpedoes Intel’s Bid to Buy Israeli Chip Maker Tower Semiconductor

[ad_1] Intel scrapped its more-than-$5 billion offer to buy Tower after Chinese regulators failed to approve the deal in time, the latest sign of fallout from the U.S.-China battle over…

Overstock.com Buys Bed Bath & Beyond Intellectual Property for $21.5 Million

[ad_1] The deal includes the retailer’s website, domain names, trademarks, and customer and loyalty-program assets. [ad_2] Source link

WSJ News Exclusive | BET Co-Founder Robert Johnson Buys $20 Million Home in Florida

[ad_1] Listen to article (1 minute) Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. Copyright…

Franklin Resources to Acquire Putnam Investments From Great-West Lifeco

[ad_1] Asset manager Franklin will pay as much as $1.3 billion in stock and cash. [ad_2] Source link

Shopify to Lay Off 20% of Its Workforce as It Sells Logistics Business to Flexport

[ad_1] Sale of Deliverr and 6 River Systems effectively ends its bid to run its own logistics operation for its merchant customers. [ad_2] Source link

Back From the Brink, Chinese Developer Resumes Buying Land

[ad_1] Country Garden bought residential land in a public auction for the first time since December 2021, signaling confidence in a recovering housing market. [ad_2] Source link

First Citizens Adds to Its Collection of Failed Banks With SVB Purchase

[ad_1] The deal gives the North Carolina bank $219 billion in assets. Three years ago, it had $42 billion. The SVB purchase will give First Citizens a prominent banking presence…