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Mike Ashley’s Frasers Group acquired Harvey Nichols this month, continuing a luxury brand purchasing strategy that critics question given recent underperformance in the premium segment.
Paramount seeks a $1.88 billion bond from state attorneys general challenging its merger with Warner Bros. Discovery, citing substantial costs from delays in closing the acquisition.
A consortium led by Jeff Bezos has agreed to acquire a minority stake in Liverpool FC valued at approximately $7.1 billion, with an option to become controlling owner within 12 months.
Paramount seeks a $1.88 billion bond from state attorneys general challenging its merger with Warner Bros. Discovery, citing substantial costs from delays in closing the acquisition.
Lakers governor Jeanie Buss is opposing a potential sale of her family’s stake in the team, asserting she retains controlling authority and that any such transaction would require her approval.
California voters will decide in November on Proposition 40, a one-time 5% tax on billionaires’ assets. The measure has sparked intense debate over whether wealthy residents will flee the state.
