AIA, China Strategic among bidders for Bank of East Asia s life insurance unit: sources businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
Ken Himmel, a top Related official, also is an owner, sources said.
Related Cos. has been a driving force in the development of West Palm Beach s downtown for more than 20 years.
The Phillips Point acquisition cements Ross control of the West Palm Beach office market at a time when financial services firms are eying space in Florida. Many firms are seeking to leave crowded urban cities due to the pandemic and high taxes in other states.
In an email, Himmel, chief executive of Related Urban, confirmed the purchase by a Related affiliate, but he was vague about the entity s owners.
Bayer proposes paying $8 billion to settle Roundup cancer claims
An agreement would ease investor pressure over massive litigation exposure the German drug and chemical giant took on with its $63 billion purchase of the weedkiller s maker, Monsanto.
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The Bayer logo in Monheim, Germany, on March 21, 2018. Bloomberg photo by Jasper Juinen.
Bayer is proposing to pay as much as $8 billion to settle more than 18,000 U.S. lawsuits alleging its Roundup herbicide causes cancer, according to people familiar with the negotiations.
An agreement, which could take months to work out, would ease investor pressure over massive litigation exposure the German drug and chemical giant took on with its $63 billion purchase of the weedkiller s maker, Monsanto Co. The fallout has weighed on the stock price, prompted an unprecedented shareholder vote of no confidence in the company s management and fueled speculation about a breakup.