The Saudi Public Investment Fund has postponed a potential sale of its remaining stake in Saudi Marafiq Company, after receiving weak demand from investors, according to people familiar with the matter. In recent weeks, the sovereign fund has held informal talks about raising up to $800 million from the sale of part of its 17.5% … Read more
Birkenstock – the old-fashioned health shoe has become a gold mine. Photo: dpa/Roland Weihrauch For the French multi-billionaire Bernard Arnault, the traditional German company Birkenstock becomes a gold mine. This is mainly due to clever marketing, says our financial correspondent Hannes Breustedt. Share this article My villa, my yacht, my Birkenstocks: Of all things, the … Read more
Jakarta – Chairman of the Board of Commissioners of the Financial Services Authority Mahendra Siregar said there were 115 companies lining up for an initial public offering (IPO) (IPO). The IPO target is Rp 135.31 trillion. “While in the pipeline, there are 115 planned Public Offerings with a value of IDR 135.31 trillion. The growth … Read more