The Strategist
Companies & CEOs

Playboy Is Looking For a Buyer - 03/25/2016

The company Playboy Enterprises is looking for a buyer for the world famous men's magazine Playboy. Its cost could reach $ 500 million; most likely, the sale will be organized in auction format. It should be noted that Playboy is not a major source of profit for the company: a large part of the revenue comes from the licensing business. Scott Flanders, CEO of Playboy Enterprises, which produces...

Android Pay to Conquer Britain - 03/24/2016

According to the corporation Google, the UK stores will get another mean of payment in the next few months. This is Android Pay payment system, through which users can pay using Android OS smartphones. Android Pay was launched in September last year and is only working in the US now. With launching Android Pay in the British market, Google is going to compete with another payment system - Apple...

Sharp's Stocks Went Negative In Front of Possibility of Deal-Breaking - 03/23/2016

Japanese Sharp’s quotes are falling as investors are staying concerned about the fact that the acquisition of a controlling stake in Sharp by Taiwanese Foxconn may be broken. At the close of the Tokyo Stock Exchange’s trading sesion on Tuesday, March 22, prices of Sharp’s securities slipped by 6.5%. This is the biggest drop in a week. Investors' concerns are not unfounded. It's been a month...

Chinese Got Interested in Danish Bang & Olufsen - 03/22/2016

The Chinese company Sparkle Roll Group, specializing in sale of luxury goods, is negotiating purchase of the Danish manufacturer of luxury class audio and video Bang & Olufsen. For several years, the latter is reporting with a loss due to a fall in demand for audio and video systems. Possible amount of the transaction and its terms were not disclosed. Today it became known that a Hong Kong...

Sincerely Yours, Deutsche: The Bank On Which Mr. Trump Can Rely - 03/21/2016

On Monday, Dow Jones Agency published results of its own investigation, which shows that not only politicians, but also financiers feel very cool about the US presidential candidate Donald Trump. Nevertheless, there is a bank, on which Mr. Trump could always rely. It is Deutsche Bank, which provided loans of $ 3.5 billion in the long years of cooperation with Donald Trump and associated...

TransCanada To Buy Columbia Pipeline for $ 10.2 Billion - 03/18/2016

Canadian company TransCanada Corp. reached an agreement to purchase the US Columbia Pipeline Group for $ 10.2 billion, according to TransCanada’s report. TransCanada has agreed to pay $ 25.5 per Columbia’s share, what is 11% higher than the quotes at the close of trading on March 16. In addition, the Canadian company will take over an obligation to pay Columbia’s debt in the amount of $ 2.8...

China's Richest Businessman Threatens to Cease Investments in the UK - 03/17/2016

Li Ka-shing, China's richest businessman and Chairman of Hutchison Holdings Board of Directors intends to reduce investment in the British economy if Britain refuses membership in the European Union. It is reported by Bloomberg. Hong Kong billionaire has warned that if the UK goes out of the EU, then Hutchison will certainly reduce the investment in its economy. Li Ka-shing said that probability...

Deutsche Boerse and the London Stock Exchange Agreed on Terms of Merger - 03/16/2016

This morning, management boards of the Frankfurt and London stock exchanges announced harmonization of the conditions of the two marketplaces’ merger. Shareholders of Deutsche Boerse and the London Stock Exchange are recommended to support the deal worth £ 21 billion, which will be carried out through an exchange of shares and will lead to creation of the largest stock exchange in Europe. In a...

VW Got a Sucker Punch: Domestic Investors Sued the Company - 03/15/2016

German investors have decided to abandon patriotism, and have issued a class action lawsuit and submitted claims totaling $ 3.7 billion to Volkswagen. The plaintiffs are dissatisfied with the fact that the automaker is too slow to provide information on the diesel scandal. The suit has been registered in Braunschweig Regional Court on behalf of 278 institutional investors from Germany and other...

Italian Eni Company Launched Oil Production in the Arctic - 03/14/2016

Italian Eni company, together with Norway's Statoil have begun oil production in the Arctic waters of Norway for the first time in the history. Prior to this, developments had been carried out only in the lower latitudes with much less stringent climate. According to exploration, reserves of the Arctic shelf field ‘Goliat’ comprise at least 180 million barrels of oil. First production was delayed...
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