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Business 27 Nov 2012 | 12:00 AM

Analysts: MAHB should form partnerships with other bidders to buy Stansted airport

PETALING JAYA: Malaysia Airports Holdings Bhd (MAHB) stands a fair chance of winning Stansted airport provided it strikes the deal with one or more consortium partners, according to analysts.

Business 02 Mar 2012 | 12:00 AM

Kodak to sell photo services website to Shutterfly

REUTERS - Eastman Kodak Co, which filed for bankruptcy protection in January, said it agreed to sell its on-line photo services business to "stalking horse" bidder Shutterfly Inc for $23.8 million.

Business 22 Apr 2019 | 12:00 AM

Tesla takes short seller to court

SAN FRANCISCO: Elon Musk’s war with Tesla Inc short sellers just got weirder.The electric carmaker claims a California man who it says is part of an online group of short sellers has been stalking its Fremont factory and harassing its employees - including dangerously swerving his car toward a Tesla Model 3 that was on a freeway test drive and injuring a Tesla security guard in a hit-and-run on company property.

Business 06 Oct 2018 | 12:00 AM

Short Position

Business news in brief.

Business 17 Mar 2010 | 12:00 AM

Simon weighs raising US$10bil General Growth bid

LOS ANGELES: Simon Property Group Inc. is considering raising its $10 billion buyout offer for rival shopping mall owner General Growth Properties Inc. as early as this week, two people familiar with the matter said Tuesday.

Corporate News 12 Aug 2020 | 7:00 AM

Brooks Brothers on verge of being sold

NEW YORK: Bankrupt Brooks Brothers Group Inc is on the verge of being sold to a partnership that includes the new owner of Barneys New York and one of the biggest US mall operators.

Business 12 Jun 2012 | 12:00 AM

Billionaire Warren Buffett's Berkshire wants to buy ResCap mortgage unit

NEW YORK: Billionaire investor Warren Buffett's Berkshire Hathaway Inc has offered to buy Residential Capital LLC's mortgage unit, according to court papers filed Monday. In throwing its hat in the ring, Berkshire Hathaway Inc, Buffett's holding company, is seeking to replace Nationstar Mortgage Holdings, owned by Fortress Investment Group, as the initial bidder for the bankrupt company's mortgage servicing unit.