Saban Capital Group Inc., the private- equity firm of Univision Communications Inc. Chairman Haim Saban, wants to triple its investments in Asia over the next two years focusing on media and communication.
Here is the genius of Qatar, the peanut-sized Persian Gulf state that provides material support to Hamas, the Muslim Brotherhood and possibly some of Syria’s jihadist rebel groups, in a single image: A two-cheeked kiss, in public, between Qatar’s second-most powerful man, the prime minister (and foreign minister), Sheikh Hamad bin Jassim bin Jaber Al Thani, and Haim Saban, the Israeli-American billionaire who funds, among other things, the Saban Center for Middle East Policy at the Brookings Institution.
News Corp.’s Fox network will go off the air and become a cable channel if U.S. courts don’t stop Internet startup Aereo Inc. from retransmitting shows like “The Simpsons” without permission, said Chief Operating Officer Chase Carey.
Saban Capital Group, U.S. billionaire Haim Saban’s private-equity firm, opened its first Asian office in Hong Kong and plans to invest “a significant” amount of capital in the region, said the company’s president.
Sheldon Adelson, the U.S. casino mogul who has called himself the world’s richest Jew, couldn’t vote in Israel’s parliamentary elections in January. That didn’t stop his free daily newspaper, Yisrael Hayom, from publishing a front-page editorial last year arguing in favor of bombing Iran’s nuclear facilities -- an option voiced by Israeli Prime Minister Benjamin Netanyahu.
Bank Leumi Le-Israel Ltd. rose to the highest in almost a month after a local website reported investor Haim Saban and outgoing Leumi Chief Executive Officer Galia Maor may acquire a stake in the bank. The bank denied the report after the close of trading today.
Saban Capital Group, led by U.S. billionaire Haim Saban, bought a 5 percent stake in Indonesia’s PT Media Nusantara Citra for 692 billion rupiah ($78.2 million) in its first investment in the Southeast Asian country.
Partner Communications Co. is outperforming Cellcom Israel Ltd. in the stock market on prospects investment from a new shareholder will help the phone company revive sales growth amid rising competition.