Category : Acquisitions


Samsung heir Jay Y. Lee cleared of fraud charges

Samsung's billionaire heir Jay Y. Lee has been acquitted of stock manipulation and accounting fraud charges related to a controversial 2015 merger, marking a pivotal moment for South Korea's corporate giant.

Trump's private equity 401(k) plan sparks debate

Former President Donald Trump's controversial proposal to allow private equity investments in 401(k) plans could dramatically alter retirement savings for millions. Experts warn of high risks as regulators scrutinise the potential move.

Diageo CFO departs for PepsiCo Europe CEO role

Diageo's Chief Financial Officer, Lavanya Chandrashekar, is leaving the drinks giant to take the helm at PepsiCo Europe, marking a significant leadership shift in the beverage industry.

UK businessman gets 20-year Dubai sentence

Ryan Cornelius, a UK businessman, has been sentenced to 20 years in a Dubai prison amid allegations of financial misconduct. Shadow Foreign Secretary David Lammy urges the UK government to reassess sanctions policies to protect British nationals abroad.

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