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News

27 Aug UPDATE 1-Yum China rejects Hillhouse buyout offer – WSJ

Posted at 17:14h in News by KMFSLLP 0 Comments

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Yum China Holdings Inc, the operator of KFC, Pizza Hut and Taco Bell restaurants in China, has rejected a buyout offer from a consortium of investors that valued the company at more than $17 billion, the Wall Street Journal reported on Tuesday, citing a person familiar with the matter.

27 Aug Yum China rejects Hillhouse buyout offer – CNBC, citing Dow Jones

Posted at 16:49h in News by KMFSLLP 0 Comments

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Yum China Holdings Inc, the operator of KFC, Pizza Hut and Taco Bell restaurants in the world's most populous country, has rejected a buyout offer of $46 per share from Hillhouse Capital, CNBC reported https://bit.ly/2PKm14Y on Tuesday, citing Dow Jones.

27 Aug UPDATE 3-Turkish lira weakens, Moody’s delivers more downgrades

Posted at 16:29h in News by KMFSLLP 0 Comments

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* German official says financial aid for Turkey not on agenda (Updates numbers, adds reports of financial support from Germany, Moody's report)

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27 Aug UPDATE 1-Greek PM gives his cabinet a touch-up ahead of 2019 elections

Posted at 16:27h in News by KMFSLLP 0 Comments

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* Tsipras keeps finance, foreign and defence ministers unchanged

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27 Aug UPDATE 1-Iraq sending team to U.S. to seek deal on transactions with Iran

Posted at 16:23h in News by KMFSLLP 0 Comments

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Iraq will send a delegation to the United States seeking an agreement on financial transactions with Iran following Washington's reimposition of sanctions on Tehran, Prime Minister Haider al-Abadi said on Tuesday.

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27 Aug UPDATE 2-Autos drive European shares up to 2-week high after NAFTA deal

Posted at 16:16h in News by KMFSLLP 0 Comments

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* Sydbank sinks 11 pct (Updates prices, adds quotes, details)

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27 Aug UPDATE 1-Brazil’s Marfrig sets debt targets, shares fall

Posted at 16:14h in News by KMFSLLP 0 Comments

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Marfrig Global Foods SA , Brazil's second largest meat-packing company, has introduced new debt metric targets in an amended shareholders agreement, according to a securities filing, as it completed asset sales to raise cash and cut debt.

27 Aug UPDATE 1-South Africa withdraws land expropriation bill passed in 2016

Posted at 16:04h in News by KMFSLLP 0 Comments

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South Africa's parliament withdrew an expropriation bill it passed in 2016 that allowed the state to make compulsory purchases of land to redress racial disparities in ownership, the ruling African National Congress (ANC) said on Tuesday.

27 Aug U.S. judge says opening arguments in second Manafort to start Sept. 24

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The federal judge overseeing the upcoming second trial of former Trump campaign manager Paul Manafort on Tuesday set opening arguments in the trial for Sept. 24.