Recent Posts

Top Taiwanese firms plan to hire 16,000 people this year

Bloomberg Taiwan’s three biggest financial firms plan to boost headcount by more than 10 percent this year as the local stock market rebounds. Cathay Financial Holding Co. and CTBC Financial Holding Co. plan to hire 5,000 people each, while Fubon Financial Holding Co. is looking to add more than 6,800 roles, the companies said this week. Taiwan’s benchmark equity index ...

Read More »

Berry bests Apollo with $4.4b deal to form plastics giant

Bloomberg Berry Global Group Inc. agreed to buy RPC Group Plc for 3.34 billion pounds ($4.4 billion) to create one of the world’s largest plastic-packaging companies, derailing a rival takeover plan by Apollo Global Management. Once a holding of Apollo, Berry boosted the cash part of its proposal to win backing from RPC’S board. Shareholders wou-ld get 793 pence a ...

Read More »

Airbnb agrees to buy HotelTonight in its biggest acquisition yet

Bloomberg Airbnb Inc. agreed to buy HotelTonight, its biggest acquisition yet, in a move to increase hotel listings on the site ahead of an eventual initial public offering for the home-sharing startup. Airbnb declined to disclose financial terms of the deal, but a person familiar with the matter said the price is close to HotelTonight’s last private valuation. A venture ...

Read More »
Send this to a friend