Cash deal with PE firm Altor and minority shareholders Will boost Nordic presence, DNB CFO says No job cuts expected, deal to finalise in H1 2025 STOCKHOLM, Oct 21 (Reuters) – Norway’s largest bank DNB (DNB.OL), opens new tab has agreed to buy Swedish investment bank and asset manager Carnegie …
Read More »Bollywood filmmaker Karan Johar’s studio sells 50% stake worth 10 bln rupees to vaccine maker’s CEO
Item 1 of 4 Director Karan Johar poses during a photo opportunity as he arrives to attend the engagement ceremony of Anant Ambani, son of Mukesh Ambani, the Chairman of Reliance Industries, and Radhika Merchant, daughter of Encore Healthcare CEO Viren Merchant, at Ambani’s Antilia residence in Mumbai, India, January …
Read More »Royal Mail’s largest union to suspend vote on deal with postal firm
May 24 (Reuters) – Royal Mail’s largest union warned on Wednesday it would suspend voting on an agreement reached with the British postal services firm last month over pay and worker terms, charging the firm of not abiding by some of the agreed-upon conditions. The Communication Workers Union (CWU) had …
Read More »UK’s Royal Mail CEO Thompson to step down after union clash
May 12 (Reuters) – Royal Mail’s CEO Simon Thompson plans to step down later this year, saying it was the “right time” for the company to move forward under new leadership, as the British postal group tries to draw a line under a lengthy pay dispute. Parent company International Distributions …
Read More »UK’s Royal Mail workers call off 24-hour strike, union says
Feb 6 (Reuters) – Postal workers at Britain’s Royal Mail called off a planned 24-hour strike over pay next week after receiving legal challenges by the company, the Communication Workers Union (CWU) said on Monday. Lawyers have advised that the union could defend its position in court, CWU said in …
Read More »Chinese snack maker Weilong Delicious aims to raise up to $141 mln in trimmed-down Hong Kong IPO
Dec 5 (Reuters) – Chinese spicy snack food maker Weilong Delicious Global is aiming to raise up to $141 million in a Hong Kong initial public offering launched on Monday, well below its initial target of about $1 billion. The company is selling 96.39 million shares in the range of …
Read More »UK’s Royal Mail workers to strike in run-up to Christmas
LONDON, Nov 17 (Reuters) – Postal workers at Britain’s Royal Mail will strike for six days in the run-up to the busy Christmas period in a dispute over pay and conditions, their union said on Thursday. The workers will strike on Dec. 23 and 24, in addition to Dec. 9, …
Read More »Royal Mail’s largest labour union rejects new conditional pay offer
New pay offer includes a 7% salary hike over two years Conditions for hike include changes to Sunday working CWU says it would vote to take further strike action Oct 31 (Reuters) – The dispute between Britain’s Royal Mail and its largest labour union flared up again on Monday after …
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