China's Alipay plans near $400 million stake sale in India's Zomato: Sources
Tuesday, 28 November 2023 China's Alipay intends to sell its 3.4% share in the Indian food delivery firm Zomato for about $400 million through block trades on Indian stock exchanges, as per the three sources and a review of the deal's term sheet by Reuters. As per the term sheet, Alipay intends to divest its full 3.44% interest in the transaction. This year, Zomato's stock has increased by more than 90%. Bank of America and Morgan Stanley are advisers on the deal.
Bob Iger is pushing back on the idea that there's superhero fatigue. The Disney CEO was interviewed at a Morgan Stanley conference in San Francisco on Tuesday, where he was pressed about what he is doing to turn the film business around. The executive noted that they're doing a lot and even quietly cancelled certain projects. "...You got to make those tough calls. We've actually made those tough calls. We've not been that public about it, but we've killed a few projects already that we just didn't feel were strong enough."
Credit: The Hollywood Reporter Duration: 01:32Published
O.J. Simpson's Bank of America credit card has been auctioned off just over 2 weeks after his death. The business account card, which expired in 2023, fetched.. TMZ.com
Tuesday, 28 November 2023
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