2023-11-29 07:13:23 Burman Family, which made an open offer to acquire an additional 26 per cent in Religare Enterprises Ltd (REL), asserted on Wednesday that the REL board has no power to reject its open offer. “The board of REL does not have the power or authority to reject our open offer. It only has … Read more
2023-08-29 08:21:00 ‘Bangchak’ (BCP) is close to owning a famous gas station ‘Esso’ (ESSO) after buying direct shares from ‘Exxon Mobil’, an American energy giant. The transaction is expected to be completed by August 31, 2023 and will gradually close Esso pumps. Change the label to Bangchak pump. But did you know that ‘Esso’ and … Read more
2023-05-03 09:14:00 The planned billion-dollar takeover of the video game manufacturer Activision Blizzard by Microsoft was recently blocked by competition authorities in Great Britain. The Competition and Markets Authority, called the CMA, refused to approve the deal. Microsoft and Activision are opposing this decision. Many people assumed that this was a non-appealable authority. CEO Bobby … Read more
In the dispute over the multi-billion takeover of the game manufacturer Activision Blizzard, Microsoft has announced agreements with competitors. This is intended to curb concerns from competition watchdogs. Should Activision Blizzard be taken over, classic games such as the shooter series “Call of Duty” would also be available on Nvidia’s GeForce Now streaming service, Microsoft … Read more
It’s the next quake on the short message service Twitter! Multi-billionaire and tech entrepreneur Elon Musk (51) announced that he would be stepping down as Twitter boss. A few days earlier, he had had a poll voted on whether he should resign. 17.5 million users participated, 57.5 percent of them voted for his resignation. He … Read more
Al-Marsad newspaper: A citizen seized government land in the Al-Shula neighborhood in Dammam, by fencing it a year ago, with trees and barrels, and protecting it with stray dogs. According to “Al-Youm”, the aggressor does not own the land, and he brought stray dogs, to threaten and frighten the employees of government agencies, who initiate … Read more
As it became known that the son of former Deutsche Motors chairman Kwon Oh-soo, a key suspect in the stock price manipulation case, attended the inauguration ceremony of President Yoon Seok-yeol as a VIP, attention is focused on the list of inauguration attendees. However, as the 20th Presidential Transition Committee did not leave records such … Read more
In relation to some media reports that raised the possibility of KEPCO’s privatization, the Presidential Transition Committee said, “We have never discussed whether or not KEPCO should be privatized.” The transition committee made this position today (29th) saying, “The need for change in KEPCO’s monopolistic electricity sales market does not mean privatization.” The transition committee … Read more