Legal & Regulatory
DBS ends USD6.5 billion offer for Danamon Indonesia’s stake
DBS Group Holdings Ltd ended its offer to takeover the controlling stake for PT Danamon Indonesia valued at USD6.5 billion after failing to meet regulatory approval.
Tourre’s trial to resume jury deliberations on Thursday
After six hours of trial, District Court Judge, Katherine Forrest sent the jury home and will resumed deliberation on Tourre's case on Thursday.
IBM cooperates on SEC probe of cloud revenue
IBM cooperated on the SEC probe of its cloud revenue. IBM Corp. stated Wednesday that it was cooperating with US regulators on a probe of its cloud revenue.
Judge's rejection of Fiat's request to value shares paves way for trial; Fiat unfazed
The rejection of Fiat SpA's request to value 54,000 Chrysler shares by the Delaware Chancery Court allowed the United Auto Worker's retiree trust case to go to trial but Fiat remained unfazed.