Denmark to Pay $4.5 Billion for Majority Stake in Copenhagen Airports

The deal would increase the Danish government’s stake in the airport operator to 98.6% and ensure the hub continues to contribute positively to the economy, ministers said.

Topics

Auckland Airport share trading halted as Auckland Council moves to sell remaining stake

"Auckland Future Fund Trustee Limited has invited a relatively large group of brokers to submit offers for a parcel of 163,231,446 shares in Auckland Airport," the company said in a filing to the ...
Yahoo Sports - 10h
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion

General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.
CNBC - 1d
Billion-dollar future: Dodgers deferred pay at $1B

New contracts for Blake Snell and Tommy Edman increased the Dodgers' obligations for deferred payments to more than $1 billion owed to seven players from 2028-46.
ESPN - 7h
Real estate tycoon must pay $9 billion to avoid execution in Vietnam

A court in Vietnam upheld a death sentence for real estate tycoon Truong My Lan, rejecting her appeal in a $12 billion embezzlement and bribery case.
NBC News - 22h
Death sentence upheld for tycoon — unless she pays $9 billion

Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.
CBS News - 19h
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated

Elon Musk's pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.
CNBC - 1d
Elon Musk’s $50 Billion Tesla Pay Can’t Be Reinstated, Delaware Judge Rules

The judge said she would not reverse her decision to strike down the package after Tesla shareholders approved it a second time.
The New York Times - 22h
Judge rejects Elon Musk request to reinstate his $56 billion pay package

Elon Musk was seeking to reinstate a massive 2018 Tesla pay package after shareholders had reapproved it, but a judge denied his request.
CBS News - 1d
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated

Tesla CEO Elon Musk lost his bid to get his 2018 CEO pay package reinstated on Monday when a Delaware judge upheld her prior ruling that the compensation plan was improperly granted.
NBC News - 1d
What's Next in the Legal Battle Over Elon Musk's $100 Billion Pay Deal

The Tesla CEO’s record-breaking compensation package has hit another roadblock, after a Delaware judge again rejected the deal.
The Wall Street Journal - 13h