The Los Angeles Post
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Today: April 17, 2025
Today: April 17, 2025
Anousha  Sakoui

Anousha Sakoui

Staff Writer

Latest From Anousha Sakoui

Asia|Business|Economy|Europe|Finance|Political|Stock Markets|US

Trump tariffs hinder M&A and IPOs in what was supposed to be a blockbuster quarter

A global trade war kicked off by U.S.

Trump tariffs hinder M&A and IPOs in what was supposed to be a blockbuster quarter
Business|Economy|Europe|Finance|Stock Markets

Elliott takes big short position in Shell amid BP campaign

U.S. activist hedge fund Elliott Management, currently campaigning for more change at BP in its capacity as a BP shareholder, has taken a big

Elliott takes big short position in Shell amid BP campaign
Business|Economy|Environment|Finance|Stock Markets

BP to ditch renewables goals and return focus to fossil fuels

BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy

BP to ditch renewables goals and return focus to fossil fuels
Business|Economy|Europe|Finance|Stock Markets

Elliott builds BP stake of nearly 5%, pushes for big divestments, source says

Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to transform its performance,

Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
Business|Finance|US

Dealmakers see rebound after US activity buoys global M&A volumes

Mergers and acquisitions activity globally showed few signs of improvement in the third quarter but a rebound in volumes in the United States -

Dealmakers see rebound after US activity buoys global M&A volumes
Business|Finance

Exclusive-Country Garden offshore bondholders retained PJT Partners - sources

A major group of Country Garden offshore bondholders has appointed PJT Partners as financial advisors to lead discussions with the

Exclusive-Country Garden offshore bondholders retained PJT Partners - sources
Business|Finance|Stock Markets

Citi, BofA left with some Barclays stock after Qatari stake sale –sources

Citigroup and Bank of America were left holding some shares in Barclays after they could not identify enough demand for a 510 million

Citi, BofA left with some Barclays stock after Qatari stake sale –sources
Business|Economy|Finance

Dealmakers see rebound after global M&A volumes hit decade-low

Mergers and acquisitions (M&A) activity fell to its lowest level in ten years globally in 2023, as high interest rates and an economic slowdown

Dealmakers see rebound after global M&A volumes hit decade-low
Business|Economy|Finance

Global M&A picks up in Q1 after flurry of large deals

Mergers and acquisitions (M&A) bounced back in the first quarter after a downbeat 2023, thanks to the return of mega deals, cheering investment

Global M&A picks up in Q1 after flurry of large deals
Business|Finance

Exclusive-Anglo American does not find BHP $39 billion offer attractive

Anglo American's management does not consider a proposed $39 billion takeover offer from BHP Group as attractive, two sources told

Exclusive-Anglo American does not find BHP $39 billion offer attractive
Business|Economy|Finance|News|Stock Markets|World

BHP bids $39 billion for Anglo American as miners chase copper

BHP Group bid $38.8 billion for Anglo American on Thursday, offering a deal to forge the world's biggest copper miner

BHP bids $39 billion for Anglo American as miners chase copper
Business|Finance

BHP needs to bid about 32 pounds a share for Anglo, JPMorgan says

BHP Group would need to boost its latest offer around 30% to reflect fair value for Anglo American and its key copper assets, JPMorgan analysts said in a note.

BHP needs to bid about 32 pounds a share for Anglo, JPMorgan says
Business|Finance

M&A-focused hedge funds lead the pack in May, Goldman Sachs says

Hedge fund managers making bets on mergers and acquisitions outperformed those deploying other strategies with a return of 7.7% in the first

M&A-focused hedge funds lead the pack in May, Goldman Sachs says
Business|Economy|Europe|Finance

Activist investors' sights set on corporate Europe after record year

Activist investors are expected to launch more and bolder campaigns for change among European companies in the year ahead,

Activist investors' sights set on corporate Europe after record year
Europe|Finance|Stock Markets

European IPOs fizzle out as political turmoil roils stocks

The European IPO market is unlikely to see any new candidates until after the summer, as political uncertainty has roiled

European IPOs fizzle out as political turmoil roils stocks
Business|Finance|Stock Markets

Brookfield in talks with banks for funding Grifols' takeover bid, sources say

Canadian fund Brookfield is in talks with banks to raise funds for its possible takeover bid for beleaguered Spanish drugmaker Grifols, two

Brookfield in talks with banks for funding Grifols' takeover bid, sources say
Business|Finance

Bank of America names Brabazon co-head of global M&A, memo says

Bank of America has named Eamon Brabazon co-head of global mergers and acquisitions, alongside Ivan Farman, according to an internal email seen by Reuters. 

Bank of America names Brabazon co-head of global M&A, memo says
Business|Europe|Finance

Northvolt in talks for about 200 million euros in funding, sources say

Northvolt is in talks with investors and lenders to secure about 200 million euros ($218 million) in short-term

Northvolt in talks for about 200 million euros in funding, sources say
Business|Europe|Finance

Allianz weighs options for AllianzGI unit, sources say

Allianz is weighing options for its Allianz Global Investors unit, including a possible merger or partial

Allianz weighs options for AllianzGI unit, sources say
Business|Economy|Finance

Saudi wealth fund to cut overseas investments

Saudi Arabia's sovereign wealth fund plans to cut its overseas investments by about a third, its governor told a

Saudi wealth fund to cut overseas investments

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