Bloomberg Kenya Airports Authority (KAA) expects its land holdings to be worth more than 1 trillion shillings ($9.9 billion) after a revaluation is concluded in a month, CEO Jonny Andersen said. “Since we’ll have a different balance sheet, we can go to the banks and ask for completely different financing because we’ll have so much value,” Andersen said in an ...

Bloomberg American Airlines Group Inc warned of first-quarter weakness, citing the grounding of its 737 Max fleet last month and the government shutdown early in the year. An industry gauge of pricing power will rise no more than 1 percent, the airline said. American predicted that the figure, revenue for each seat flown a mile, would be flat to up ...

Bloomberg Foreo, the six-year-old Swedish beauty company known for its electric facial cleansers and toothbrushes, is working with advisers as it considers selling itself, people familiar with the matter said. The firm could fetch more than $1 billion in a sale, the people said, asking not to be identified. PE firms are expected to be among the bidders, one of ...