VW explores buying stakes in Chinese auto suppliers

New York, Beijing Volkswagen AG is exploring potential investments in Chinese automotive suppliers as it seeks to secure access to key technology in the world’s largest car market, people familiar with the matter said. Options under discussion include buying equity stakes or forging joint ventures with Chinese suppliers, particularly firms with technology used in electric […]

Sotheby’s takeover by Drahi wins support from advisory firm

London. French media mogul Patrick Drahi’s plan to acquire Sotheby’s received a boost with a prominent shareholder advisory firm coming out in support of the deal. Institutional Shareholder Services Inc urged investors to support the $2.7 billion takeover of the auction house by Drahi’s BidFair USA LLC. The advisory firm argued the offer comes at […]