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Corporate News 22 Jun 2020 | 7:00 AM

Canada’s Cineplex adopts ‘poison pill’ rights plan

LONDON: Cineplex Inc said it adopted a shareholder rights plan, popularly known as a “poison pill”, nearly a week after Britain’s Cineworld Group Plc abandoned its US$1.65bil deal to buy the Canadian theatre chain.

Business 24 Feb 2020 | 7:00 AM

Packer’s casino in spotlight as triad claims probed

SYDNEY: Crown Resorts Ltd billionaire James Packer has endured blow upon blow for more than three years: a bruising clash with Chinese authorities and at least two aborted deals with suitors.