Premier Oil creditors approve merger with Chrysaor

Premier Oil creditors approve merger with Chrysaor

A sufficient number of creditors of indebted Premier Oil have approved a proposed merger with private equity backed Chrysaor to create the British North Sea’s biggest oil and gas producer, Premier said on Tuesday. The reverse takeover, which will see Premier’s...
UPDATE: Battle at Arm China threatens $40bn Nvidia deal

UPDATE: Battle at Arm China threatens $40bn Nvidia deal

Nvidia’s $40bn deal for the UK-based chip designer Arm is facing fresh problems in China, after it emerged that the disaffected head of Arm’s local joint venture controls almost 17 per cent of the unit. Company registration documents reviewed by the Financial Times...
Blackstone Boosts Internet Bet With Virginia Data-Center Deal

Blackstone Boosts Internet Bet With Virginia Data-Center Deal

Blackstone Group Inc. is investing in a group of U.S. data centers as more consumers shift to the internet during the pandemic. A unit of the private equity giant is acquiring a roughly 90% interest in the real estate for eight single-tenant centers in Northern...