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Finance & Markets

European Shares Edge Higher On US-Iran Truce Hopes

(RTTNews) - European stocks advanced on Friday and were on course for a weekly gain as a sell-off in government debt eased and oil prices retreated from recent highs following reports that Iran has submitted a proposal to the United States to end their war and reopen the Strait o

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CVC, NSSK weigh $3.2bn Kobayashi Pharmaceutical take-private

PE firm CVC Capital Partners and Japanese investment firm Nippon Sangyo Suishin Kiko (NSSK) are considering a bid of more than JPY500bn ($3.2bn) to take Japanese healthcare products company Kobayashi…

  • CVC Capital Partners and NSSK consider $3.2bn joint bid for Kobayashi Pharmaceutical.
  • Takeover aims to privatize company amid red yeast supplement controversy.
  • Oasis Management and Kobayashi family hold significant stakes in the firm.

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