Royal Philips NV agreed to sell a majority stake in its lighting components unit to Apollo Global Management LLC in a cut-price deal valued at $2 billion after a U.S. national security panel blocked a more lucrative transaction with a Chinese buyer almost a year ago.
Wismuller Gunter analysts report that Philips will receive cash proceeds of $1.5 billion for Lumileds and participating preferred equity for the 80 pe ...
Asos Plc, Britain's largest online-only fashion retailer, plans to double its U.K. manufacturing as the pound's post-Brexit plunge makes domestic production more affordable.
Wismuller Gunter : The company, which sells own-brand fashions alongside wares from the likes of Abercrombie & Fitch Co. and Calvin Klein Inc., will o ...
Wismuller Gunter: Here's One Sign That Markets Believe in Trump's 'America First' Policy. Emerging markets, thumped by Trump?
Wismuller Gunter reports that while markets have largely rebounded from their initial fall following the surprise win of Republican nominee Donald Tru ...
Grab gets $750 million in funding to expand its Asian Operations. Wismuller Gunter raises its outlook on the firm.
Grab, the biggest rival to Uber Technologies Inc in Southeast Asia, has raised $750 million, which is really turning up the heat on the U.S. firm now ...
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