BRIEF-Regal Hotels International Says Chengdu Fuhui Entered Deal

Reuters

Fri, Aug 17, 2018, 11:23 AM

Aug 17 (Reuters) - Regal Hotels International Holdings Ltd :

* CHENGDU FUHUI ENTERED DEAL WITH POTENTIAL JV PARTNER AND A FIRM CONTROLLED BY POTENTIAL JV PARTNER

* AGREEMENT IN RELATION TO PAYMENT OF DEPOSIT FOR POSSIBLE INVESTMENT IN TARGET COMPANY

* CHENGDU FUHUI INTENDS TO BUY 60 PERCENT STAKE IN A CO WHICH WHOLLY OWNS A FIRM CONTROLLED BY POTENTIAL JV PARTNER

* ESTIMATED INITIAL CONSIDERATION OF PROPOSED DEAL ABOUT RMB 3.5 BILLION Source text for Eikon: Further company coverage:

California McDonald's Franchise Owner Says, 'The Focus Is On Survival' With 'Unprecedented' $20 Per Hour Minimum Wage Forcing Higher Prices
In response to California's new $20 minimum wage law, fast food franchises are being forced to rethink their business strategies to stay afloat. Scott Rodrick, who owns 18 McDonald's franchises in the state, is considering measures to manage the increased labor costs without resorting to layoffs, which he sees as a last resort. Don't Miss: 82% of Americans aren’t using this government secured 5% passive income stream, are you one of them? The average American couple has saved this much money for
Benzinga•15h ago
Former House Speaker Nancy Pelosi Can't Stop Buying the 1 Artificial Intelligence (AI) Stock Billionaires Have Been Eager to Sell
Though this highflying stock is making Nancy Pelosi and her venture capitalist husband richer, more than a half-dozen billionaires have sent it to the chopping block.
Motley Fool•1d ago
Exclusive-China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
A Reuters review of hundreds of tender documents shows 10 Chinese entities acquired advanced Nvidia chips embedded in server products made by Super Micro Computer Inc., Dell Technologies Inc. and Taiwan's Gigabyte Technology Co Ltd after the U.S. on Nov. 17 expanded the embargo to subject more chips and countries to licensing rules. Specifically, the servers contained some of Nvidia's most advanced chips, according to the previously unreported tenders fulfilled between Nov. 20 and Feb. 28.
Reuters•5h ago
Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters
Sam Bankman-Fried has inked a settlement agreement with a group of FTX customers who have agreed to drop their class action lawsuit against him in exchange for his help going after celebrity promoters of the collapsed exchange.
CoinDesk•16h ago
Apple stock will soar 36% as it gears up to launch an AI-enable iPhone, BofA says
Bank of America said Apple could announce a 5% dividend increase and $90 billion share buyback program when it releases earnings next week.
Business Insider•9h ago
2 Artificial Intelligence (AI) Stocks That Could Fall 19% and 65%, According to a Pair of Wall Street Analysts
AI stocks have soared over the last year, but these two could be at risk of a sell-off.
Motley Fool•14h ago
JPMorgan warns stock market sell-off has 'further to go'
Despite a rebound on Monday, many bearish strategists believe there are mounting risks to the market rally.
Yahoo Finance•40m ago
Traders are betting that TSMC stock's sudden 13% sell-off will deepen
The world's biggest chipmaker, which is a bellwether for the global semi producers, recently trimmed its industry-growth outlook.
Business Insider•7h ago
Why the Magnificent 7's 'momentum is collapsing'
Six of the largest tech companies are expected to see earnings growth slow over the next year, leaving room for other companies to lead the next leg of the stock market rally, UBS analysts say.
Yahoo Finance•1h ago
This Is Hands Down My Pick for the Best "Magnificent Seven" Stock Right Now. (Hint: It's Not Nvidia.)
The "Magnificent Seven" garner a lot of hype in artificial intelligence (AI). But one company sticks out thanks to savvy investments and strong financials.
Motley Fool•1h ago

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

BRIEF-Regal Hotels International Says Chengdu Fuhui Entered Deal

Recommended Stories

California McDonald's Franchise Owner Says, 'The Focus Is On Survival' With 'Unprecedented' $20 Per Hour Minimum Wage Forcing Higher Prices

Former House Speaker Nancy Pelosi Can't Stop Buying the 1 Artificial Intelligence (AI) Stock Billionaires Have Been Eager to Sell

Exclusive-China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show

Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters

Apple stock will soar 36% as it gears up to launch an AI-enable iPhone, BofA says

2 Artificial Intelligence (AI) Stocks That Could Fall 19% and 65%, According to a Pair of Wall Street Analysts

JPMorgan warns stock market sell-off has 'further to go'

Traders are betting that TSMC stock's sudden 13% sell-off will deepen

Why the Magnificent 7's 'momentum is collapsing'

This Is Hands Down My Pick for the Best "Magnificent Seven" Stock Right Now. (Hint: It's Not Nvidia.)