Acrophyte Hospitality Trust unit to divest Hyatt Place Primacy Parkway hotel for US$7.8 million

Acrophyte Hospitality Trust unit to divest Hyatt Place Primacy Parkway hotel for US.8 million

[ad_1] [SINGAPORE] ARA USH Chicago, an indirect wholly owned subsidiary of Acrophyte Hospitality Management Trust (AHT), is selling a hotel in the United States for US$7.8 million. Located in Memphis, Tennessee, the Hyatt Place Primacy Parkway hotel has 126 rooms and is 11.3 miles (18.2 km) south-east of the Memphis central business district, the managers…

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Exclusive | IRS whistleblowers tell ‘Pod Force One’ of ‘unprecedented’ corruption swept ‘under rug’ by Hunter Biden pardon

Exclusive | IRS whistleblowers tell ‘Pod Force One’ of ‘unprecedented’ corruption swept ‘under rug’ by Hunter Biden pardon

[ad_1] IRS whistleblowers Gary Shapley and Joseph Ziegler discussed in a wide-ranging “Pod Force One” interview the “unprecedented” level of corruption they said they observed while investigating Hunter Biden before a pardon from his presidential dad, Joe Biden, swept everything “under the rug.” Shapley and Ziegler, who have since been promoted to leadership positions in…

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Volkswagen budget cuts force battery unit to seek external funds

Volkswagen budget cuts force battery unit to seek external funds

[ad_1] PowerCo is considering bank loans, external investors and a potential public offering [FRANKFURT] Volkswagen’s battery business is being forced to seek external financing after the German carmaker cut its five-year spending plan, creating a mid-term squeeze for the unit. Third-party funding “is an option that we are looking into more closely than before”, PowerCo…

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Skydivers plunge to their death after parachutes tangled in mid-air

Skydivers plunge to their death after parachutes tangled in mid-air

[ad_1] Two experienced skydivers have plunged to their deaths after their parachutes tangled in mid-air. Ermes Zampa, 70, and Violetta Laiketsion, 63, both died at the scene. Ermes had been skydiving for over 30 years and had over 2,000 jumps under his belt. He also worked as a skydiving instructor. Violetta, a former athlete from…

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Warburg Pincus is said to near acquisition of Asian firm Acclime

Warburg Pincus is said to near acquisition of Asian firm Acclime

[ad_1] The transaction may value the corporate services firm at US$950 million to US$1 billion [HONG KONG] Warburg Pincus is nearing a deal to acquire Asia-focused corporate services firm Acclime, sources said. Warburg Pincus is the likeliest buyer after beating rival private equity firms, they said, asking not to be identified because the information is…

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