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Business 13 Aug 2010 | 12:00 AM Premium

Ssangyong names Mahindra as preferred buyer

SEOUL: South Korea#8217;s troubled Ssangyong Motor named Mahindra and Mahindra, India#8217;s top utility vehicle maker, as its preferred buyer in a deal that reinforces the growing clout of emerging market automakers.

Business 22 Aug 2009 | 12:00 AM Premium

GM poised to select buyer for Opel

FRANKFURT: The fate of Opel hangs in the balance as General Motors Corp (GM) is poised to pick a buyer for the European carmaker after months of negotiations.

Business 17 Aug 2012 | 12:00 AM Premium

Qatar top sovereign Europe property buyer with 6 weeks gas cash

LONDON: Qatar was the top sovereign wealth buyer of European property in the last 12 months, spending 3.5 billion euros ($4.3 billion) on eight deals including the London Olympic athlete's village and a mall on Paris' Champs Elysees, data from a research firm showed.

Business 29 Jun 2009 | 12:00 AM Premium

Hummer buyer to open talks with Chinese authorities

CHICAGO: The potential buyer of General Motors Corp's Hummer division will begin formal talks with Chinese regulators today in an effort to win approval for its acquisition, i>The Wall Street Journal /i>reported on Saturday.

Business 15 Oct 2004 | 12:00 AM Premium

NAB studying buyer interest for Irish banks

National Australia Bank Ltd (NAB), Australia's biggest bank, is gauging buyer interest for its struggling Irish banks, signalling that it is prepared to exit part of its European market.

Business 14 Jul 2008 | 12:00 AM Premium

US regulator to run IndyMac while buyer sought

Mortgage lender IndyMac Bancorp Inc was taken over by the Federal Deposit Insurance Corp on Friday, which will run the bank while it looks for a buyer. IndyMac is the second largest financial institution in US history to close.

Business 21 Sep 2004 | 12:00 AM Premium

APL Products secures monthly order from US buyer

APL Products Sdn Bhd, a subsidiary of APL Industries Bhd (APLI), has signed a supply agreement with a US buyer to secure a minimum monthly order of 25 forty-foot containers of both powdered and powder-free latex examination gloves with a sales value of about RM3.6mil.

Business 11 May 2012 | 12:00 AM Premium

HNG confirmed as buyer of 15% stake

PETALING JAYA: HNG Capital Sdn Bhd has been confirmed as the buyer of a 15.36% stake in Sarawak Cable Bhd from Leader Universal Holdings Bhd.

Business 12 Jul 2012 | 12:00 AM Premium

U.S. billionaire named as mystery buyer of "The Scream" for US$120mil

NEW YORK: U.S. billionaire Leon Black is the mystery buyer who paid a record $120 million for Edvard Munch's masterpiece "The Scream" at Sotheby's in May, the most expensive work of art ever sold at auction, the Wall Street Journal said on Wednesday.