1MDB seeks more than US$ 3bil from energy assets IPO Malaysian state investor 1Malaysia Development Bhd (1MDB) is seeking to raise more than US$ 3 billion through a stock market listing of its energy assets, in what is set to be one of the nation’s largest initial public offerings. Struggling under …
Read More »Apple to get Beats, music mogul Iovine for US$3bil
SAN FRANCISCO: Apple Inc will buy Beats for about US$ 3bil (RM9.67bil) and bring recording mogul Jimmy Iovine into its ranks, hoping to win points with the music industry and help it catch up in fast-growing music streaming. As expected, Beats co-founders Iovine and rapper Dr Dre will join Apple as …
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