The investment firm and the family behind Birkenstock announced the deal on Friday without disclosing the financial terms. Bloomberg News reported earlier this week that the purchase would value the sandal maker at about 4 billion euros ($4.9 billion).
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Top Glove Corp., the world’s biggest rubber glove maker, is seeking to raise as much as 7.77 billion ringgit ($1.9 billion) from a listing in Hong Kong to fund expansion and bolster its profile with overseas investors. What’s moving markets. Start your day with …
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CEO Corie Barry told analysts Thursday that starting earlier this month, Best Buy had been adjusting the mix of full-time and part-time employees in stores, due to “having too many full-time and not enough part-time employees.” …
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Bank of England Chief Economist Andy Haldane said he sees a risk of U.K. inflation accelerating more than expected, warning fellow central bankers against being too relaxed about taming the rise in consumer prices. “For me, there is a tangible risk inflation …
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The Interfax news agency cited an anonymous source saying that the pilot of the Hong Kong-Madrid flight reported a failure of one of the left engine control channels and requested an emergency landing at Moscow’s Sheremetyevo airport. The plane landed …
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