Earlier the Trump Administration had blocked Broadcom’s $117 billion hostile bid to acquire Qualcomm Inc citing national security concerns. But since then in a cunning move, Broadcom has re-domiciled from Singapore to the U.S, which places it outside of CFIUS’… Read More ›
Day: July 12, 2018
Tiger Global builds $1 billion stake in SoftBank, calls it undervalued
SoftBank’s shares have appreciated by 54% in the last 5 years. Although its market capitalization is $87 billion, in comparison Alibaba has a market capitalization of $480 billion and the value of its shares have doubled since their listing on… Read More ›
Comcast raises its bid for Britain’s Sky to $32.5 billion
Tune in to the M&A channel to view the latest in the top prime time drama over Britain’s Sky. Topping Rupert Murdoch’s Twenty-First Century Fox’s bid for Britain’s Sky, Comcast Corp raised its offer to $32.5 billion. Previously, Fox had… Read More ›