By Dinesh Nair (Bloomberg) — Abu Dhabi Investment Authority is among parties considering a bid for a 34% stake in Associated British Ports, the UK’s biggest port operator, according to people.
Qatari investors are readying a roughly £5 bn (R108bn) opening bid for Manchester United, people with knowledge of the matter said, ahead of what’s expected to be a fierce bidding war for the English football giant.
Abu Dhabi's Mubadala Investment Co. and Qatar Investment Authority executives have explored the possibility of buying minority stakes in NBA teams, per Ben.
Bank of America is planning to cut jobs in its investment bank, one of the last major holdouts to bow to expense pressures that have left no one immune.