Quick view: Whitehaven in $2.5b deal to create top Oz coal miner
Goldman banker to retire from Asia post, says memo
The Goldman Sachs banker and co-head of the firm’s Asia investment banking operation for six years is retiring, according to an internal memo obtained on Monday. He is the second senior Asia banker to depart Goldman in the last month. Mark Machin, whose most recent title was Asia-Pacific ex-Japan vice-chairman, is retiring from the firm after 20 years, the memo said. Machin had spent past few years in Beijing, where he was involved with bank’s joint venture Gao Hua Securities.
Time Warner offers $1.3b for ‘Big Brother’ maker
Time Warner made a $1.3 billion all-cash offer for Endemol NV as the Dutch producer of Big Brother TV shows seeks to reach an agreement with lenders over reorganising its debt. The revised bid has the same value as Time Warner’s previous offer, Charles Armitstead, a London-based spokesman for Endemol, said. New York-based Time Warner’s earlier offer of about 1 billion euros included debt, people familiar with the matter said last month.
Olympus ex-CEO to meet MPs, push for Japan reform
The whistleblower in a $1.7 billion accounting scandal at Japan's
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