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Sanjana Shivdas

Stories by Sanjana Shivdas

People

Luckin Coffee ousts chairman Lu, names Guo as CEO

The move to replace Lu comes just weeks after Luckin said he would stay on as chairman after a proposal to oust him failed to get board approval.

Deals

China’s EV startup Faraday Future ends dispute with main investor

The electric vehicle maker got into a legal tussle with Evergrande Health after a planned $2-billion investment went sour.

Deals

Australia’s Amcor in talks to buy US packaging company Bemis

A deal could be announced as soon as next week, according to a news report.

Deals

SoftBank Vision Fund to invest $2.25b in GM’s autonomous vehicle arm

GM will also invest $1.1 billion in the unit after the deal closes, the company said.

Private Equity

Wyndham to sell European vacation rental biz to Platinum Equity for $1.3b

Wyndham's European vacation rental business operates several local brands, including cottages.com, and generates about $750 million in annual revenue.

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