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Walgreens Boots is in talks for a sale to Sycamore Partners, while Domino’s bids for Wingston’s UK franchise. In a significant move, a federal judge blocked Kroger's $24.6bn merger with Albertsons, favoring antitrust regulators. Meanwhile, Evergrande's liquidation efforts face challenges as its assets are primarily in mainland China, complicating recovery for investors.
Liquidators for China Evergrande are selling a private Airbus jet owned by founder Hui Ka Yan to recover funds for investors affected by the company's $20bn offshore debt. The 14-year-old jet, valued at $25-30mn, is part of a broader effort to reclaim assets and pursue legal action against executives and firms involved in Evergrande's financial collapse. Hui, once the richest man in China, faces allegations of inflating revenues by $78bn and has been placed under investigation for illegal activities.
Hui Ka Yan
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evergrande liquidators list founder's private jet for sale amid financial turmoil
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04:01 10.12.2024
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