Bain Capital ends acquisition battle with KKR for Fuji Soft

Bain Capital ends acquisition battle with KKR for Fuji Soft

US private equity firm Bain Capital said on Monday (Feb 17) it will not launch a tender offer for Fuji Soft, formally ending a takeover battle with rival KKR for the Japanese IT company. Bain had said last week it might withdraw its proposal for Fuji Soft, after KKR raised its offer above Bain’s in…

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Jerry Seinfeld tells anti-Israel activist ‘I don’t care about Palestine’ during selfie ahead of ‘SNL 50’: video

Jerry Seinfeld tells anti-Israel activist ‘I don’t care about Palestine’ during selfie ahead of ‘SNL 50’: video

Comedian Jerry Seinfeld shot down an anti-Israel activist, quickly telling him he doesn’t “care about Palestine” when the online personality attempted to ambush him over the weekend, according to a clip posted on social media Sunday. Instagram provocateur “Subway DJ” at first requested a selfie with Seinfeld that the Jewish celebrity agreed to outside an…

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Singapore’s subdued IPO scene set for a rebound in 2025: analysts

Singapore’s subdued IPO scene set for a rebound in 2025: analysts

SINGAPORE’s initial public offering (IPO) scene is set to liven up this year, with analyst forecasts falling anywhere between four and 10 listings on the local bourse. This comes after a subdued market in recent years, where delistings have outpaced new listings on the local bourse, with more Singapore companies choosing to list on global…

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Shipping giants urge watchdog to avoid biofuels in clean-up push

Shipping giants urge watchdog to avoid biofuels in clean-up push

The IMO is working toward a zero-carbon-emissions target for the industry by 2050 SOME shipping lines including Hapag-Lloyd and the maritime arm of Louis Dreyfus are calling on the International Maritime Organization (IMO) to avoid backing crop-based biofuels as the industry pushes to decarbonise. “Unless legally binding safeguards are introduced, there is a risk that…

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Marina Bay Sands gets record S$12 billion loan amid tourism boom

MBS gets record S billion loan; DBS, OCBC, UOB, Maybank coordinating facility

The loan will be used for refinancing and to fund the expansion of the company’s integrated resort MARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a planned expansion of its casino resort in Singapore, according to a source familiar with the matter, marking the largest such financing in the city state…

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Trump admin wants the Supreme Court to let the firing of whistleblower agency head proceed

Trump admin wants the Supreme Court to let the firing of whistleblower agency head proceed

The Trump administration wants the Supreme Court to permit the firing of the head of the federal agency dedicated to protecting whistleblowers, according to documents obtained Sunday that would mark the first appeal to the justices since President Donald Trump took office. The emergency appeal is the start of what probably will be a steady stream from…

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‘SNL50’ brings back ‘The Californians’ with Kristen Wiig, Bill Hader, Fred Armisen for Volkswagen ad

‘SNL50’ brings back ‘The Californians’ with Kristen Wiig, Bill Hader, Fred Armisen for Volkswagen ad

“Stuart!” Kristen Wiig, Bill Hader and Fred Armisen reunited just in time for the “Saturday Night Live” 50th anniversary special. The trio teamed up for a Volkswagen commercial, which aired before the big event on Sunday night. “The Californians” sketch debuted in 2012 on the NBC variety show. It was brought back for SNL’s 40th…

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Australia’s Star Entertainment gets potential lifeline as Oaktree offers debt refinancing

Australia’s Star Entertainment gets potential lifeline as Oaktree offers debt refinancing

Oaktree’s offer is subject to numerous conditions and there is no certainty it will progress Star says STAR Entertainment Group received a potential lifeline from alternative asset manager Oaktree Capital Management, which offered to refinance A$650 million (S$554 million) of the struggling Australian casino operator’s debt. Star has been racing to raise capital after last…

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