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Search resuls for: "P.R. Venkat"


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Thomson Reuters Buys Majority Stake in Pagero
  + stars: | 2024-01-15 | by ( P.R. Venkat | ) www.wsj.com   time to read: 1 min
The Thomson Reuters logo is pictured on a building in the Manhattan borough of New York City. Photo: carlo allegri/ReutersThomson Reuters said it has bought a majority stake in the Pagero Group , taking it closer toward full control of the latter. Apart from the key shareholders, including Summa Equity, Pagero’s chief executive Bengt Nilsson, several members of the management team and employees, have sold their stock to the company, Thomson Reuters said Monday.
Persons: carlo allegri, Reuters Thomson, Bengt Nilsson, Thomson Organizations: Thomson Reuters, Reuters, Reuters Thomson Reuters, Pagero, Summa Equity Locations: Manhattan, New York City
P.R. Venkat — Real Time Editor at The Wall Street Journal
  + stars: | 2023-11-23 | by ( P.R. Venkat | ) www.wsj.com   time to read: 1 min
VenkatP.R. Venkat is a Real Time Editor overseeing coverage of Asian equities and money markets for Dow Jones out of Singapore. Follow him on Twitter at @byvenkat. He can be reached at Venkat.PR@wsj.com.
Persons: Venkat P.R, Venkat, Dow Jones Organizations: Dow, Twitter Locations: Singapore, Venkat.PR@wsj.com
Visitors look at firearms from Colt CZ Group at an exhibition in Villepinte near Paris, France. Photo: sarah meyssonnier/ReutersFirearms manufacturer Colt CZ Group has made an unsolicited offer to acquire U.S. -based Vista Outdoor that values its equity at $1.74 billion, seeking to block the latter’s proposed merger with a Czech industrial technology company. Colt has proposed a cash-and-stock merger with the sporting and outdoor-goods company that would value its shares at $30.00 each, Vista said late Wednesday.
Persons: sarah meyssonnier, Colt, Vista Organizations: Colt CZ, Reuters, U.S Locations: Villepinte, Paris, France, Czech
HONG KONG— Stellantis NV said its unprofitable joint venture that made and distributed the Jeep brand in China will file for bankruptcy, a move that follows the European auto giant’s failure to reverse its dwindling sales in the country. Stellantis said it would continue to provide services to existing and future Jeep brand customers in China. It had impaired the value of its investment in the joint venture and other related assets in its first-half financial results, the company said.
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