RECENT NEWS
Wall Street Journal  4 hrs ago  Comment 
Hotel Lotte, centerpiece of South Korea’s fifth-largest conglomerate, said it plans an IPO next month to raise up to $4.8 billion, which would be the largest stock sale in the country’s history.
The Hindu Business Line  May 18  Comment 
Phillip CapitalBharat Forge (Buy)CMP: ₹735.50Target: ₹840Part of Kalyani Group — a $2.5-billion conglomerate with 10,000 global work force — Bharat Forge Ltd (BFL), the Pune-based Indian multinationa...
The Economic Times  May 17  Comment 
The Tata Group’s entry follows online forays by several established conglomerates. Last week, Arvind Ltd launched its omni-channel platform NNNow.com.
Motley Fool  May 17  Comment 
This company is getting a huge portion of its revenue from companies with market caps of less than $1 billion. That should be a red flag for investors.
TechCrunch  May 17  Comment 
 With 17 percent of the GDP, it’s fair to say that Samsung is South Korea, or at least has represented it on the global business stage for the last decade or so. But for the last year or so, with the contraction of the global economy and the...
The Hindu Business Line  May 16  Comment 
In first of our series on debt-stressed corporates, we look at what was once a fast-growing conglomerate, but has now lost its crown jewels for a song
Financial Times  May 16  Comment 
Dutch conglomerate hoping to raise €844m from float after attempted sale fell through
Forbes  May 15  Comment 
While Danish crypto currency exchange CCEDK has signalled that it is to become a hub for a series of “diverse projects” and services, with the current trading engine ceasing for good this May, investors should not panic as the shutdown will...
Financial Times  May 13  Comment 
Conglomerate bolstered after price war and collapse of M&A deal
Motley Fool  May 12  Comment 
With nearly one dozen business updates, Intrexon was keeping busy in the first quarter. But what did management have to say about recent allegations of fraud? (Hint: not much.)




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