Brigade Hotel Ventures will utilise the proceeds to repay outstanding loans taken by the company and subsidiary RP Prosperita Hotel Ventures.

Pernod Ricard’s decision to divest Imperial Blue is seen as part of its broader strategy to focus on its premium portfolio, which includes Royal Stag, Blenders Pride, Chivas Regal, and Jameson.

Heath Terry, who has worked at Goldman Sachs Group Inc., Third Point and Balyasny Asset Management, joined Citigroup to lead coverage of the heavily private artificial-intelligence sector and guide ...

The targets of the probe include the University of Michigan, University of Louisville, the University of Nebraska Omaha, University of Miami, and Western Michigan University.