Shares of AT&T Inc fell 2 percent on Wednesday after a federal judge approved the telecom company's US$85 billion buyout of Time Warner Inc , clearing the path for more deals in a rapidly changing media industry.
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KUALA LUMPUR (Aug 17): The sale of the Equanimity superyacht could fetch at least RM500 million, Deputy Rural Development Minister Sivarasa Rasiah said, adding the proceeds will be used to repay 1Malaysia Development Bhd's (1MDB) debt.
"We are not going to get that much for that yacht, I think. We'll be lucky and hope to get RM500 million," Sivarasa, a veteran lawyer who left the Malaysian Bar six weeks ago, said at the final day of the International Malaysian Law Conference 2018 here today.