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18.10.25 - 11:12
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Jardine Matheson to buy remaining stake in Mandarin Oriental (SCMP)
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Jardine Matheson Holdings has agreed to buy the remaining 11.96 per cent of hotel arm Mandarin Oriental International it does not already own, as the century-old conglomerate ramps up efforts to increase investor returns.
Mandarin Oriental shareholders would receive US$3.35 in cash per share in a deal that valued the hotel chain at about US$4.2 billion, Jardine said in a statement on Friday. The total value represented a premium of 40 per cent to Mandarin Oriental's closing price on Thursday,......
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17.10.25 - 11:30
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Alibaba, Ant buy Hong Kong offices, in city′s biggest deal since 2021 (SCMP)
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Alibaba Group Holding and Ant Group have agreed to pay HK$7.2 billion (US$925 million) to buy the top floors of a Causeway Bay office tower that Mandarin Oriental International is building on the site of The Excelsior hotel, marking Hong Kong's largest real estate transactions since 2021.
Alibaba and Ant bought 301,555 sq ft (28,015 square metres) of space, comprising the top 13 floors of the 24-storey building, with parking space for 50 vehicles and signage rights to the tower.
“This landmark......
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16.10.25 - 15:12
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Spotify partnering with multinational music companies to develop ′responsible′ AI products (The Guardian)
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Market-leading music streamer collaborating with the Sony, Universal and Warner music groups to create new AI featuresSpotify has announced it is teaming up with the world's biggest music companies to develop “responsible” artificial intelligence products that respect artists' copyright.The market-leading music streamer is collaborating with the Sony, Universal and Warner music groups – whose combined rosters feature artists including Beyoncé, Ed Sheeran and Taylor Swift – to create new AI features. Continue reading......
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15.10.25 - 19:48
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Corporate News: Musixmatch (EQS)
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Musixmatch unterzeichnet Verträge über KI-Innovationen mit Sony Music Publishing, Universal Music Publishing Group und Warner Chappell Music...
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15.10.25 - 16:45
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Corporate News: Musixmatch (EQS)
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Musixmatch Signs AI Innovation Deals with Sony Music Publishing, Universal Music Publishing Group, and Warner Chappell Music...
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