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Tesla, Saudi Arabia in Early Talks for EV Factory
The kingdom is trying to boost foreign investment but has a contentious history with Elon Musk. Source link
Saudi Arabia Once Banned Videogames. Now, It Wants to Export Them.
Listen to article (3 minutes) RIYADH, Saudi Arabia—For years, this kingdom’s Islamic clerics waged a war on videogames, banning popular titles such as “Pokémon” for
A Mall Owner’s About-Face: Bet on America’s High-End Malls
Updated Sept. 12, 2023 12:16 am ET Listen to article (2 minutes) The European owner of Westfield malls is pulling back from its aggressive plan
Saudi Arabia's Sovereign-Wealth Fund Bets Big at Home
After pumping tens of billions of dollars into global investments, the $700 billion Public Investment Fund is accelerating spending at home, often on obscure startups
Paramount to Sell Simon & Schuster to KKR for $1.62 Billion
The sale of the book publisher to the buyout firm comes less than a year after previous deal with Penguin Random House was blocked. Source
Private-Equity Firm KKR in Advanced Talks to Buy Simon & Schuster for Roughly $1.65 Billion
Book publisher was put up for sale for the second time after a judge blocked a previous deal with Penguin Random House. Source link
Private Equity, Hedge Funds Brace for Coming SEC Overhaul
Regulators could adopt new rules for firms such as Blackstone and Millennium as soon as this month. Source link
KKR to Sell Audiobook Publisher RBmedia
H.I.G. plans to pay more than $1 billion for the company, including debt, according to people familiar with the situation. Source link
Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia
The Brazilian miner is close to completing the deal with Saudi Arabia’s sovereign-wealth fund and a Saudi mining company. Source link
KKR Nears Deal for Specialty-Chemicals Maker Chase
The private-equity firm would pay roughly $1.3 billion in deal that could be reached Friday. Source link