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Warburg Pincus, CVC Among Bidders in Fray for Philippines’ Largest Private Hospital
Private-equity firms are among several bidders vying for a stake in the largest private hospital in the Philippines in a deal that could value the business at around $3.0 billion, people familiar with the process said.
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Givaudan Reports Profit Rise, Expects to Exceed Five-Year Sales Target
The flavor-and-fragrance company said full-year net profit for 2024 rose 22% to $1.2 billion, beating analyst expectations.
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U.K. Firms Face Increased Financial Distress, Study Says
British business is set for a tough year, with a worrying surge in the number of firms entering “critical” financial distress in the final quarter of 2024, according to consultancy Begbies Traynor.
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Signify CEO Agrees to Step Down After Nine Years
The lighting company said Chief Executive Officer Eric Rondolat would step down after its annual general meeting on April 25.
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China’s WeRide Wants to Build Global Robotaxi Empire
The Chinese autonomous-driving company is aiming to make more inroads overseas this year, betting that robotaxis and related services will be in high demand in coming years.
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Rolls-Royce Strikes Contract to Supply Nuclear Reactors for U.K. Submarines
Rolls-Royce will manufacture nuclear reactors to power new U.K. submarines under a contract valued approximately at $11.1 billion.
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William Smith
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