Recent Posts

Suitor for India’s Fortis revises bid

Bloomberg Fortis Healthcare Ltd. received a revised takeover offer from its first suitor, an Indian company backed by private equity firm TPG, ahead of a board meeting to decide a winner in the bidding war for the country’s second-largest hospital chain. Manipal Health Enterprises Pvt. has proposed merging with Fortis in a deal that will value the latter at 83.58 ...

Read More »

Thai crude explorer eyes assets worth $1bn

Bloomberg Thailand’s PTT Exploration & Production Pcl is ready to shell out as much as $1 billion on an overseas petroleum asset this year, and possibly more, as it tries to prop up growth amid falling reserves. The upstream unit of state-controlled PTT Pcl is in talks to purchase a stake in oil, natural gas or liquefied natural gas assets ...

Read More »

Tesla to unveil China plant location in third quarter

Bloomberg Tesla Inc. plans to announce the location of a plant in China as early as in the third quarter as the company moves to produce batteries and cars like the Model Y in the world’s biggest electric-vehicle market. “Maybe next quarter, but not later than fourth quarter for Model Y,” Chief Executive Officer Elon Musk said on an earnings ...

Read More »
Send this to a friend