Reuters reveals Italy masts M&A looms as government moves to cut Rai Way stake
Reuters exclusively reported that Italy’s Prime Minister Mario Draghi has approved a decree allowing Italy’s state broadcaster RAI to cut its holding in towers unit Rai Way below 51%, in a move expected…
Reuters Reveals Encompass Health’s home health unit attracts acquisition interest
A Reuters exclusive noted that private equity firms including Advent International and companies including Aveanna Healthcare Holdings Inc have expressed interest in acquiring the home health and hospice business of Encompass Health…
Reuters reveals How Reliance stunned Amazon in battle for India’s Future Retail
Reuters exclusively reported that Reliance Industries, India’s biggest conglomerate—run by Mukesh Ambani, the country’s richest man—presses ahead with a shock de facto takeover of prized retail real estate that Amazon.com Inc has been…
Reuters reveals Chelsea FC’s banker says Abramovich’s exit will not be rushed
Reuters exclusively reported that Russian billionaire Roman Abramovich will not rush his divestment of English football team Chelsea FC, even as Britain is considering sanctions against him. Chelsea FC tapped Joe Ravitch,…
Reuters reveals EU considering curbing Russia’s rights in IMF over invasion
A Reuters exclusive revealed that European Union officials are examining curbing Russia’s influence and access to finance at the International Monetary Fund following its invasion of Ukraine. This scenario — now under…
Reuters reveals Chinese automaker SAIC’s MG Motor India to raise funds for EV push
Reuters exclusively reported that MG Motor India, which is owned by China’s SAIC Motor, plans to raise funds to develop its Indian electric mobility business, as Chinese investments face increased scrutiny by…
Reuters Reveals China asks state insurers to review exposure to Russia, Ukraine
Reuters exclusively reported that China has told top state insurers to perform urgent checks on their exposure to Russia and Ukraine, as concerns swirl about the damage to the two economies amid…
Reuters reveals Ukraine seeks action against Russia from gaming, cloud and other tech firms
Reuters exclusively reported that Ukraine plans to urge about 50 additional tech companies, including in gaming, esports and internet infrastructure, to take action against Russia following a slew of earlier requests. Oracle…
Reuters breaks news that Austria’s Raiffeisen Bank examines leaving Russia; market reacts
Reuters broke news that Austria’s Raiffeisen Bank International is looking into leaving Russia, a move that would make it the first European bank to do so since the country’s invasion…