Kenya’s Brimin Kipkorir suspended after testing positive for banned substances
Rangers put former captain Barry Ferguson in charge until end of season
Germany election: far right surge is ‘last warning’, says Friedrich Merz
BP expected to scrap renewables target in shift back to fossil fuels
More than 150,000 Canadians sign petition to revoke Musk’s citizenship
Paramount Global has sold the publisher after a federal judge blocked rival Penguin Random House from buying it
Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink in the book market.
The private equity giant will buy Simon & Schuster for $1.62bn in cash, said Paramount Global, the parent company of the storied book publisher.
More Stories
Nigeria sues crypto giant Binance for $81.5bn in economic losses and back tax
Xi Jinping tells Alibaba’s Jack Ma and Chinese tech chiefs to ‘show their talent’
iPhone designer still asks: ‘I wonder what Steve Jobs would do?’ – despite being told not to