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Tycoon Park at crossroads on fate of Kumho Asiana Group

2015-02-23 12:52:18| Industrial Machines - Topix.net

Kumho Asiana Group chairman Park Sam-koo faces a make-or-break decision to realize his plan to rebuild his empire with the largest shareholder of Kumho Express proposing a final takeover offer for the bus unit on Monday. IBK Securities-Keistone Partners, which holds a 100 percent stake in Kumho Express, proposed a final offer for the acquisition deal to Kumho Asiana Group, which previously owned the bus unit.

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Tax evading tycoon not prosecuted

2015-02-13 19:09:16| BBC News | Business | UK Edition

Tax inspectors failed to prosecute a property tycoon who did not submit returns or pay any tax for 24 years, documents seen by the BBC reveal.

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China tycoon in Atletico Madrid deal

2015-01-21 09:06:13| BBC News | Business | UK Edition

Chinese billionaire Wang Jianlin is buying a 20% stake in Spanish football club Atletico Madrid as he looks to diversify his business empire.

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Oil tycoon lost $9.2 billion in six months

2015-01-19 15:36:33| Electronics - Topix.net

The tycoon saw half his wealth vanish in just six months, as falling oil prices crushed the value of his company, Continental Resources, Inc, bringing his net worth down from $18.5 billion in June of last year to $9.3 billion in early January, according to Wealth-X, a wealth tracking company. Hamm has also been going through a very public divorce from his ex-wife, Sue Ann Arnall, which made headlines after a judge ordered him to cough up nearly $1 billion.

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Oil tycoon lost $9.3 billion in six months

2015-01-17 02:41:47| Electronics - Topix.net

The tycoon saw half his wealth vanish in just six months, as falling oil prices crushed the value of his company, Continental Resources, Inc, bringing his net worth down from $18.5 billion in June of last year to $9.3 billion in early January, according to Wealth-X, a wealth tracking company. Hamm has also been going through a very public divorce from his ex-wife, Sue Ann Arnall, which made headlines after a judge ordered him to cough up nearly $1 billion.

Tags: months lost six oil

 

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