Showing results for "Billion"
markets
Billionaire Owner Geiger Said to Near $7 Billion L’Occitane BuyoutBloomberg has learned that L’Occitane International SA’s billionaire owner Reinold Geiger is close to making an offer to take the skin-care company private. Filipe Pacheco reports on Bloomberg Television. (Source: Bloomberg)April 29, 2024
markets
Ambani’s Jio Financial Plans to Tap StanChart Exec as Unit CEOBillionaire Mukesh Ambani’s new financial services firm plans to tap Standard Chartered Plc’s India country manager as its chief executive officer of one of its units, according to people familiar with the matter, as it seeks to entrench itself in a nation where demand for credit is growing rapidly.April 29, 2024
business
Deutsche Bank’s Past Throws Wrench Into CEO Sewing’s PlanAs the working week drew to a close in Frankfurt, Deutsche Bank AG’s Christian Sewing was on a roll. Upbeat first-quarter earnings and an improving outlook for buybacks had sent the lender’s shares to the highest level since 2017, bolstering a perception that the firm had finally shaken off its scandal-prone past.April 29, 2024