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Business 24 May 2019 | 12:00 AM

Universal eyes bidder as buyout firms balk

LOS ANGELES: Vivendi SA is targeting strategic buyers for a stake in Universal Music Group as some private equity investors balk at the high price and slow pace of the deal, according to people familiar with the matter.

Business 11 May 2019 | 12:00 AM

Short position

Business news in brief.

Business 04 Apr 2019 | 12:00 AM

In the end, the Brexit choice is stay or go

THE root of the Brexit crisis is not, as you might think, the failure of the hard-Brexit Tories to compromise. Rather, it’s that no good compromise exists.

Analyst Reports 23 Feb 2019 | 12:00 AM

Time to do some soul-searching

AS you grow older, you tend to appreciate quiet moments to reflect on the past, present and future.

Corporate News 15 Feb 2019 | 10:53 AM

Axiata accepts takeover offer for Singapore's M1 at RM1.65b

KUALA LUMPUR: Axiata Group Bhd has accepted the general offer for its 28.67% stake in Singapore's M1 Ltd which will see it netting a gain of RM126.45mil on disposal of the shares.

Corporate News 31 Jan 2019 | 12:00 AM

Campaign: fight bullies with kindness

PETALING JAYA: The award-winning #StandTogether kindness campaign, organised by Star Media Group Bhd and SP Setia Bhd, has been launched for the second year – this time with a focus on hate speech.

Corporate News 29 Jan 2019 | 12:00 AM

Sarawak tycoon raises stake in Naim to 25.2%

KUCHING: Sarawak tycoon Datuk Amar Abdul Hamed Sepawi has raised his stake in Naim Holdings Bhd by over 9% to about 25.2%, following the completion of the company’s rights issue.

Corporate News 29 Jan 2019 | 12:00 AM

Suiwah shares hit limit-up on privatisation plan

PETALING JAYA: Suiwah Corp Bhd, whose share price dropped to a five-year low a month ago, surged 22.94% yesterday following the decision of its major shareholder to privatise the retail firm.

Stock on the Move 28 Jan 2019 | 1:50 AM

Quick take: Suiwah shares shoot up 22% on privatisation plan

KUALA LUMPUR: Suiwah Corp Bhd’s shares surged 22% in early trade Monday after its major shareholder offered to take the company private by way of a selective capital reduction (SCR) and repayment exercise.

Markets 17 Jan 2019 | 11:18 PM

Oil price recovers some losses, but trade and supply worries dominate

NEW YORK: Oil prices steadied on Thursday, boosted by a rebound in U.S. equities, after earlier losses on fears about surging U.S. crude production and a weakening global economy.