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Under the arrangement, private equity finance KKR is now the vast majority owner with a 65 percent stake, while Japanese e-commerce giant Rakuten accepts 20 percent, the firms said in an announcement Monday. Walmart will maintain a 15 percent minority interest. Rakuten and KKR will want to shore up Seiyu’s electronic operations because demand for […]
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The British government has proposed that a law that will give it more leeway to explore and intervene in {} of”aggressive foreign direct investment” Even the National Security and Investment Bill, introduced Wednesday, might imply additional scrutiny for takeovers of all U.K. businesses in {} like artificial intelligence, autonomous robotics, and quantum engineering, in case […]