On Monday, in a statement SoftBank Group Corp said, Hyundai Motor Group has completed the acquisition of Boston Dynamics, a robotics firm, from the Japanese conglomerate. The deal, announced in December 2020, valued Boston Dynamics at $1.1 billion, and saw… Read More ›
Day: June 21, 2021
Pershing Square Tontine Holdings signs SPAC deal to purchase 10% stake in Universal Music Group
In a joint statement, Pershing Square Tontine Holdings along with Universal Music Group (UMG) said, William Ackman’s company has signed a deal to purchase a 10% stake in UMG. “As announced, the transaction is based on an enterprise value of… Read More ›
Australia drags China to WTO over economic coercions
In a statement, Australia’s Foreign Minister Marise Payne said, with Canberra dragging Beijing to the World Trade Organisation over the latter imposing anti-dumping duties on wine exports, bilateral negotiations is expected to commence. Last week, the Australian government filed a… Read More ›
UK plans on capitalizing scientific breakthroughs for public good
In a statement the office of British Prime Minister Boris Johnson said, he would lead a new initiative to capitalize on scientific and technological breakthroughs made in the country with the purpose of directing research into areas that will benefit… Read More ›