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(Reuters) – Walt Disney Co (DIS.N) on Monday received unconditional approval from China for its deal to buy Twenty-First Century Fox’s (FOXA.O) entertainment assets, clearing one of the last major hurdles for the deal to go through. Disney agreed to purchase Fox’s film and television assets for $71.3 billion and received approval from European Commission earlier this month, subject to certain conditions. Other major U.S.-centric merger deals in the past year have run into trouble with Chinese regulators, against the backdrop of growing trade tensions cheap cufflinks bulk buy uk sale.
The Fox assets being acquired include a cable group with FX Networks, National Geographic and 300-plus international channels, plus Fox’s stake in Hulu cheap cufflinks bulk buy uk sale. The deal would expand Disney’s unrivalled portfolio of some of the world’s most popular characters, uniting Mickey Mouse, Luke Skywalker and Marvel superheroes with Fox’s X-Men, “Avatar” and “The Simpsons” franchises. Disney owns ABC, ESPN, Pixar, Marvel Studios and “Star Wars” producer Lucasfilm, plus an array of theme parks..
(Reuters) – Danske Bank (DANSKE.CO) is embroiled in a money laundering scandal that has triggered criminal investigations, forced out its CEO and chairman and rattled investors in Denmark’s largest bank cheap cufflinks bulk buy uk sale. An internal investigation, published in September, charted how 200 billion euro ($229 billion) flowed through Danske Bank’s tiny Estonian branch from clients registered or incorporated in countries including Russia and Britain between 2007 and 2015. Danske Bank said many of the payments were suspicious..
The following timeline summarizes developments, some of which were highlighted in an 87-page report by Danish law firm Bruun & Hjejle, which led Danske Bank’s internal investigation into the allegations. Nov. 19: Whistleblower Howard Wilkinson testifies at Danish parliament. Nov cheap cufflinks bulk buy uk sale. 11: Danske’s chairman Ole Andersen and chairman of audit committee, Jørn Jensen, say they will step down, under pressure from the bank’s biggest shareholder A.P. Moller Holding. A.P Moller calls for the CEO of the Confederation of Danish Industry, Karsten Dybvad, to succeed Andersen. Danske continues its search for a permanent CEO. [L8N1XH5JB]..
Oct. 17: Denmark’s regulator, the Financial Supervisory Authority (FSA), rejects Danske’s chosen successor to departed CEO Thomas Borgen as too inexperienced. Oct cheap cufflinks bulk buy uk sale. 4: Danske says the U.S. Department of Justice has launched a criminal investigation into its Estonian branch, which could lead to a crippling fine. Many non-resident accounts were held by entities or individuals in Russia, which is the subject of U.S. sanctions. Sept. 26: Danish newspaper Berlingske names Briton Wilkinson as the whistleblower who helped reveal the scandal. In an email to the paper, Wilkinson confirms his role..