Investing.com -- Reckitt Benckiser Group (LSE:LON:RKT) has agreed to sell the majority of its Essential Home business to private equity firm Advent International in a deal valued at up to $4.8 billion (£3.6 billion). The transaction, expected to complete by the end of the year, will see Reckitt retain a 30% stake in the business while receiving deferred and contingent consideration of $1.3 bi ...
Investing.com – Japan stocks were lower after the close on Friday, as losses in the Paper & Pulp, Transport and Communication sectors led shares lower. At the close in Tokyo, the Nikkei 225 fell 0.17%. The best performers of the session on the Nikkei 225 were SoftBank Group Corp. (TYO:9984), which rose 5.00% or 535.00 points to trade at 11,230.00 at the close. Meanwhile, Ebara Corp. (TYO:6 ...
By Che Pan and Casey Hall BEIJING (Reuters) -China’s Commerce Minister Wang Wentao told Nvidia (NASDAQ:NVDA) CEO Jensen Huang on Thursday that he hoped multinational companies, including Nvidia, would provide high-quality and reliable products and services to Chinese customers, the ministry said in a statement. Huang said the Chinese market was very attractive, and Nvidia was willing to deepen c ...
Investing.com - European stocks climbed higher Friday, tracking overnight strength on Wall Street as investors digested a series of largely positive quarterly corporate earnings. At 03:05 ET (07:05 GMT), the DAX index in Germany climbed 0.5%, the CAC 40 in France gained 0.6% and the FTSE 100 in the U.K. rose 0.2%. European equities have been boosted by gains on Wall Street overnight, w ...