Gamemaker Fetches $4.4 Billion; Trump Jabs a Dad: Saturday Wrapby
Publicis puts ad executive on leave over diversity comments
Singapore central bank probes ties between Goldman Sachs, 1MDB
Here are highlights of Saturday’s top breaking stories around the world:
A group of Chinese investors including Shanghai Giant Network Technology Co. agreed to purchase Caesars Entertainment Corp.’s Playtika social- and mobile-games business in a $4.4 billion all-cash deal. The investors behind the takeover include the private-equity firm of Jack Ma.
Donald Trump weighed in with a rebuttal to the Democratic convention speech by the father of a Muslim U.S. military officer who was decorated posthumously for heroism. In an interview with ABC, Trump cited his work in hiring thousands of people as evidence of his sacrifices for his country. Trump’s retort followed Thursday’s address by Khizr Khan, whose son, Army Captain Humayan Khan, died in 2004. The Republican presidential nominee also questioned whether Khizr Khan had written his own speech, as he said he had.
Publicis Group put the executive chairman of its Saatchi & Saatchi advertising agency on leave, citing an interview he gave to Business Insider in which he said that gender diversity was a settled issue in the industry. Kevin Roberts’s standing will be decided by the board, Publicis said in a statement. Roberts, 66, was chief executive officer of the former Saatchi Ltd. when it was acquired by Publicis in 2000 in a $1.9 billion deal.
Prosecutors in Belgium announced charges against a man accused of planning a terrorist attack “somewhere” inside the country. The 23-year-old suspect, identified only as Nourredine H., also has been charged with participating in the activities of a terrorist organization. There was no change to Belgium’s alert status, which has been elevated since the March killings in Brussels.
The regulatory web entangling 1Malaysia Development Bhd. grew more complicated with Singapore acknowledging that an investigation was under way into ties between the bank and a unit of Goldman Sachs Group Inc. Four other banks already were known to be under investigation for bond deals with 1MDB. A “supervisory examination” of the Goldman connections is being conducted, Singapore’s central bank said.
Law enforcement officials in Cologne, Germany, braced for a rally on Sunday by as many as 30,000 supporters of Turkish President Recep Tayyip Erdogan. The event, in a country that has been a home for decades of Turkish migrants, is stirring concern among police that a planned counter-demonstration may spark violence. “We assume the atmosphere will be emotionally charged,” Police Chief Juergen Mathies said.