Fraser & Neave Bidding War
Thai billionaire Charoen Sirivadhanabhakdi extended a deadline for an offer to gain control of Singapore’s Fraser & Neave Ltd. after a group led by Overseas Union Enterprise Ltd. topped the bid last week.
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
54:07 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)