Mergers and Acquisitions

Saudi prince acquires $1.5B stake in Banque Saudi Fransi

The Kingdom Holding Company, run by Saudi billionaire Prince Alwaleed bin Talal, says it will acquire from Credit Agricole a 16.2 percent stake in Banque Saudi Fransi in a deal valued at around $1.5 billion (5.8 billion riyals).

Tronc buys New York Daily News

Newspaper company Tronc, which owns the Chicago Tribune and the Los Angeles Times, said it acquired the New York Daily News from media and property mogul Mort Zuckerman.

Tronc buys New York Daily News

Newspaper company Tronc, which owns the Chicago Tribune and the Los Angeles Times, said it acquired the New York Daily News from media and property mogul Mort Zuckerman.