conglomerate

Additionally, in 2025, the US Treasury sanctioned several individuals in Palau for their links to the Prince Group, a Chinese-run conglomerate.

Now, jitters are growing about loose lending in those markets, set off by the sudden collapse of auto-parts conglomerate First Brands, which borrowed about $11 billion from creditors, and others.

Other potential investors include existing shareholder Tencent—one of China’s biggest tech conglomerates—some of the people said.

Just 3½ years old, the media conglomerate is holding an auction process with a deadline for the first round of nonbinding bids set for Thursday.

The Swiss conglomerate had already been under pressure over Perrier and its other brands as EU regulations strictly limit what treatments are allowed for any product marketed as natural mineral water.