Corporations
Nestle weighs L'Oreal stake sale
Nestle SA said that it would keep all possible options open as it considers the sale of its 29.4% stake in L'Oreal SA.
South Mumbai’s sale of high-end luxury homes drops
The sale of expensive homes in South Mumbai had dropped by 10% from 30% two years ago with rental yields decreasing by more than half.
Groupon Getaways acquires Blink
Blink, the online travel app was purchased by Groupon for an undisclosed amount. Groupon announced the acquisition of Blink, an online travel app. The focus of Blink is the European market, with highly curated same day booking services to add on to the rapidly expanding Groupon Getaways travel business.
Aramark Holdings files for IPO worth USD100 million
Aramak Holdings Corp. announced launching an initial public offering worth USD100 million to repay debt.