As per two sources familiar with the matter at hand, CVC Capital Partners has submitted a non-binding expression of interest for a stake up to 49% in Telecom Italia’s (TIM) enterprise services arm. The non-binding approach targets a business of… Read More ›
In a statement Visa Inc said, it had agreed to a $2.2 billion (1.8 billion euro) takeover of European open banking platform Tink. Founded in 2012, Sweden-based Tink is an open banking platform that enables banks and other financial institutions to… Read More ›
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 ›
According to a report from Bloomberg News, Blackstone Group Inc is closing in on a deal to acquire office developer Soho China Ltd in what could be its biggest real estate investment in China. Hong Kong-listed Soho China could be… Read More ›
In a significant development, the U.S. Senate has passed a bill that aims to increase the fees that companies would have to pay government antitrust agencies in case of large mergers. As a result, these government agencies will also have… Read More ›
According to a source familiar with the matter at hand, Amazon.com Inc is negotiating the potential acquisition of iconic U.S. movie studio MGM. The status of Amazon’s discussions with MGM is so unclear and it is possible that they may not… 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 ›
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 ›
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