Industry
Generali Sells Reinsurance Business to Scor
Generali agrees to sell its reinsurance business to Scor for EUR 579 million. Last Tuesday, Generali announced its agreement to sell its US life reinsurance business to Scor.
Continental Grain Co Announced Selling Entire Stake at Smithfield
Continental Grain Co announced to finally end its long-term ownership with Smithfield to prevent further proxy battle.
Calpers Plan to Sell Its Entire Carlyle 4% Stake
Calpers is planning to sell its entire 4% stake in Carlyle that is valued at US$373.3 million. After 12 years of being managed by Carlyle Group LP, a private equity manager firm, the California Public Employees' Retirement System plans to sell its total 4% stake.
China Offers US$3 Billion Worth of Loans to 10 Caribbean Nations
President Xi Jinping offered a total of US$3 billion loans to 10 Caribbean nations however no direct confirmation was made by the Chinese government.