Triton Agrees Deal to Buy Gearbox Maker Flender from Carlyle
Triton Partners has agreed to acquire Flender GmbH, a provider of mechanical and electrical drive technology, from Carlyle Group Inc.
markets
Hong Kong’s $550 Billion Exchange Fund Mulls S&P 500 Allocation
Hong Kong’s Exchange Fund is looking for investment managers who can help it closely track the movement of the S&P 500 Index, according to people familiar with the matter.
Iran Didn’t Get Any Crude Oil Past US Blockade in May, UANI Says
Iran struggled to get energy exports past the US Navy’s blockade last month, with around 80 million barrels of oil and petrochemicals stranded in waters behind the line, according to a US non-profit advisory group.
Legoland Owner’s Junk Bonds Slide Amid Refinancing Pressure
Merlin Entertainments Ltd could use some magic. Pressure on family budgets is squeezing the global theme park operator, weighing on its debt as it seeks to refinance junk bonds worth more than $800 million.
French Media Giant Canal+ Rises in Debut on South Africa Bourse
Canal+ SA rose in its debut on the Johannesburg Stock Exchange, with the secondary listing of the French media giant marking the completion of its multi-billion dollar acquisition of African pay-TV giant MultiChoice.
Yen Hovers Near 160 Per Dollar as Traders Eye Intervention Risk
The yen hovered neared the 160 level versus the dollar on Wednesday amid heightened concern among traders that Japan may intervene in the market again to prop up the currency.
US Stocks Hit Pause as US-Iran Tensions Lift Oil: Markets Wrap
US stocks struggled to build on record gains as growing strains on the ceasefire between the US and Iran sent oil prices higher for a third straight day.