Hong Kong fund to sell Japan, S.Korea Burger King business in deal over $1bln – source
Private equity firm Affinity Equity Partners is this week launching the sale of its Burger King fast-food businesses in South Korea and Japan, in a deal that could fetch more than $1 billion, a person with knowledge of the matter told Reuters.
Revenue Surge in the Food Flavors Market
With each passing day, the cost of organic and natural flavoring ingredients rises in the market. On Tuesday, shares of Dutch flavorings and preservatives maker Corbion (CORB.AS) fell as much as 9% after higher freight and raw material prices forced the company to lower its 2021 EBITDA margin (The EBITDA margin is a measure of […]
Factbox: Universal to list as music streaming picks up
Vivendi (VIV.PA), the French media conglomerate, is spinning off Universal Music Group, the largest part of its business and the label behind singers such as Taylor Swift, in a listing on the Euronext stock exchange in Amsterdam.
Merck KGaA raises outlook after forecast-beating Q2 profit
Merck KGaA (MRCG.DE) raised its outlook after posting forecast-beating second quarter profits on Thursday, boosted by demand for its lab gear and supplies from pharma companies making treatments and vaccines against the coronavirus.
