04:51 AM EST, 01/16/2025 (MT Newswires) -- Blackstone (BX) has hired financial advisers as it considers a possible sale of rights to music by artists such as Bob Dylan, Adele and Ariana Grande, Bloomberg reported late Wednesday, citing unnamed people with knowledge of the matter. The asset management firm hopes to sell the rights for $3 billion or more, the...

04:44 AM EST, 01/16/2025 (MT Newswires) -- (Updates with KKR's comment in the fifth paragraph.) KKR (KKR) is in discussions to invest in Seven & i Holdings as part of a proposal by the latter's founding family to take the Japanese convenience store operator private, multiple news outlets have reported. KKR is in talks to invest several hundred billion yen...

(Reuters) - Swiss plumbing products maker Geberit expects the construction market in the United States to be stable this year, Chief Executive Christian Buhl said on Thursday. We expect a stable, slightly positive market in the U.S., Buhl said of 2025 after Geberit reported its full-year sales, adding, We have ambitions to expand our market position and become stronger. The...

HONG KONG (Reuters) - Asian hedge funds delivered their strongest returns in 15 years last year, capitalising on market volatility, winners in China's wobbly economy and opportunities in artificial intelligence (AI). The HFRI Asia with Japan Index, which tracks hedge funds that mainly invest in the region, rose 12.1% last year - its best annual growth since 2009. HFR is...