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AXA weighs offloading $2 bln reinsurance arm to cut disaster risk - Vimarsana News

AXA weighs offloading $2 bln reinsurance arm to cut disaster risk

One of the world's top insurers is mulling offloading its property reinsurance business in a bid to cut its exposure to natural disasters like hurricanes, according to three people familiar with the...

Exclusive-AXA weighs offloading $2 billion reinsurance arm to cut disaster risk – sources - Vimarsana News

Exclusive-AXA weighs offloading $2 billion reinsurance arm to cut disaster risk – sources

By David French and Pablo Mayo Cerqueiro NEW YORK/LONDON (Reuters) - One of the world's top insurers is mulling offloading its property reinsurance bu...

Source: wsau.com
Exclusive-TikTok parent ByteDance to allow US staff to cash out on shares-sources - Vimarsana News

Exclusive-TikTok parent ByteDance to allow US staff to cash out on shares-sources

NEW YORK (Reuters) -ByteDance, the Chinese owner of short video app TikTok, will allow shares owned by U.S. employees to vest without waiting for the company to list in the stock market, thereby letting them cash out, according to people familiar with the matter. The move is aimed at appeasing restless employees who have been waiting for an initial public offering (IPO) to profit from the shares they have been awarded as part of their compensation. It is also an indication that ByteDance, whose worth in excess of $200 billion makes it the world's most valuable startup, is in no rush to ...

Source: yahoo.com
Exclusive-TikTok parent ByteDance to allow U.S. staff to cash out on shares-sources - Vimarsana News

Exclusive-TikTok parent ByteDance to allow U.S. staff to cash out on shares-sources

NEW YORK (Reuters) - ByteDance, the Chinese owner of short video app TikTok, will allow shares of U.S. employees to vest without waiting for the company to list in the stock market, thereby allowing them to cash out, according to people familiar with the matter.

Exclusive-TikTok parent ByteDance to allow U.S. staff to cash out on shares-sources - Vimarsana News

Exclusive-TikTok parent ByteDance to allow U.S. staff to cash out on shares-sources

NEW YORK (Reuters) -ByteDance, the Chinese owner of short video app TikTok, will allow shares owned by U.S. employees to vest without waiting for the company to list in the stock market, thereby letting them cash out, according to people familiar with the matter. The move is aimed at appeasing restless employees who have been waiting for an initial public offering (IPO) to profit from the shares they have been awarded as part of their compensation. It is also an indication that ByteDance, whose worth in excess of $200 billion makes it the world's most valuable startup, is in no rush to ...

Source: yahoo.com