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Proposed real estate merger raises spectre of financial bailout in corporate Malaysia

October 05, 2020 7:57 PM

KUALA LUMPUR - A proposed takeover of one of Malaysia's top real-estate companies Eco World Development Group through a controversial merger plan spearheaded by sovereign fund Khazanah Nasional is raising concerns that Prime Minister Muhyiddin Yassin's administration is succumbing to pressure to bail out politically well-connected firms using public funds.

Divorce? Merger? Renault-Nissan alliance faces a crossroads

June 11, 2019 2:25 PM

TOKYO (BLOOMBERG) - Renault SA and Nissan Motor Co's two-decade partnership is hurtling toward a reckoning, their carmaking alliance shaken by the arrest of former chairman Carlos Ghosn in November and fruitless merger talks with Fiat Chrysler Automobiles NV.

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