BPCE, the Paris-based mutual, is buying Novo Banco for 6.4 bln euros. The valuation looks reasonable, and Lisbon seems on board after selling shareholder Lone Star turned the lender around. It’s a ...

The porn-heavy platform is in talks to sell to a US investor group. An $8 bln valuation implies a lower multiple than the likes of Spotify, despite OnlyFans’ fat margins. Still, given the risk that a ...

Five years ago, the $560 bln software developer started by Larry Ellison spent little and reaped a lot. Now it’s plowing 60% ...

The world’s largest asset manager aims to boost revenue 75% by 2030, buoyed by tech and private markets. Yet this bakes in a ...

Investors in emerging market stocks get biblical returns. Seven years of plenty are often followed by seven lean ones. The ...

In fresh signs of trouble for its $8 bln merger with Skydance, Shari Redstone’s media empire lost its CFO and is expanding ...

The world’s largest money managers led by BlackRock are vying to cater to the country’s rising rich. Though the market is ...

Europeans like $270 bln LVMH blame ebbing sales in the People’s Republic on waning local demand. Yet $20 bln Laopu Gold’s ...

Marelli, which supplies parts to Nissan and Stellantis, will restructure some $4.9 bln of debt under US Chapter 11. India’s ...

CEO Alberto Nagel’s move to snap up a rival wealth group has boosted his $19 bln bank’s stock, making a hostile offer from rival MPS less attractive. Yet key votes and his own unpredictable ...

Negotiators agreed for the People’s Republic to resume rare earth supplies in return for nixing punitive measures. Both sides ...

The $270 bln owner of Louis Vuitton bags, Moët champagne and Hennessy cognac trades at a big discount to the value of its ...