According to a report from Bloomberg citing sources familiar with the matter at hand as saying, in recent months Twitter Inc had held discussions to acquire Clubhouse for $4 billion valuation. Discussions are no longer ongoing, and it is not… Read More ›
On Wednesday, in a statement Hitachi Ltd said it will acquire GlobalLogic Inc, a U.S. software company, for $9.6 billion. The development sees the Japanese industrial conglomerate which has business interests ranging from digital services to electronics hardware, expand its… Read More ›
According to three sources familiar with the matter at hand, Chevron Corp has emerged as a leading contender to acquire one of Royal Dutch Shell Plc’s refineries in the U.S. Pacific Northwest. Shell has been trying to sell its 145,000… Read More ›
In a statement Coherent Inc said, Lumentum Holdings Inc has raised its offer for the company to $6.9 billion in a three-way takeover battle for the laser firm. Under the terms of the new bid, Coherent shareholders will receive $220… Read More ›
In a statement British engine maker Rolls-Royce said, it had paused the planned sale of its Bergen Engines to a company controlled by Russia’s TMH Group after an intervention by Norway. Norway’s NSM security agency is assessing the $178 million… Read More ›
On Tuesday, a group of investors are set to ask a French court to back its $1.2 billion (1 billion euros) claim in damages from Vivendi, alleging that the media giant made false financial statements during a merger deal twenty… Read More ›
According to sources familiar with the matter at hand, General Electric Co is closing in on a $30 billion-plus deal to combine its aircraft-leasing business with Ireland’s AerCap Holdings NV, reported the Wall Street Journal. While details of the manner… Read More ›
In an internal note, Amazon.com Inc’s Senior Vice President Jeff Blackburn said, he is leaving the company after having spent 22 years in the company. Blackburn used to oversee Amazon’s mergers and acquisitions division; he has been on a sabbatical… Read More ›
Australia’s antitrust regulator has raised initial concerns over Aon’s $30 billion acquisition bid for Willis Towers Watson which aims to create the world’s biggest insurance broker. The development comes in the wake of similar moves by EU antitrust regulators. In… Read More ›
On Wednesday, Nestle SA said it will be selling its North American water brands including Poland Spring and Pure Life to private equity firms Metropoulos & Co and One Rock Capital Partners for $4.3 billion. The sale also includes brands… Read More ›
