Mergers and acquisitions
India ‘very favorable’ for IPOs, Peak XV says, as economy and investor sentiment stay strong
Shailendra Singh, managing director of Peak XV Partners. Lionel Ng | Bloomberg | Getty Images India offers a “very favorable” environment for companies to launch initial public offerings, said Shailendra Singh, managing director at Peak XV Partners, formerly Sequoia Capital India & Southeast Asia. “My general view is, especially in Indian public markets, the regulatory […]
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These are the 2024 CNBC Disruptor 50 providers: See the total list of startups using the AI wave
It can be good to say that AI is all over the 12th yearly CNBC Disruptor 50 record. About two-thirds of the 50 companies creating the Disruptor 50 record describe artificial intelligence as “vital” to their firms. And it begins at the pretty top rated: for the initial time at any time, a enterprise repeats […]
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High definition Hyundai Maritime Resolution doubles in South Korea’s greatest IPO considering the fact that January 2022
Workers of High definition Hyundai Marine Option Co., for the duration of the firm’s listing ceremony at the Korea Exchange in Seoul, South Korea, on Wednesday, Might 8, 2024. Hd Hyundai Maritime, a ship maintenance firm, jumped as substantially as 45% in its South Korea trading debut right after a 742.3 billion received ($547 million) […]
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Taser and law enforcement human body cam maker Axon is attaining air defense startup Dedrone
Public safety technology corporation Axon announced Monday that it is getting drone defense startup Dedrone. Dedrone, which serves the armed service, government, and professional prospects, from airports to stadiums and significant-profile occasions, has become a big player in what is known as smart air security. Its technology previously handles half of the U.S. population in […]
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Skydance bid for Paramount hinges on Shari Redstone as special committee ends exclusive talks
Shari Redstone, chair of Paramount Global, attends the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on Tuesday, July 11, 2023. David A. Grogan | CNBC Skydance Media is prepared to walk away from its offer for Paramount Global unless it receives a firm commitment from controlling shareholder Shari Redstone, following the […]
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ISS endorses most of activist Ancora’s nominees for Norfolk Southern board
Alan Shaw, CEO, Norfolk Southern Scott Mlyn | CNBC Influential proxy advisory business ISS advisable on Tuesday that Norfolk Southern shareholders guidance five of activist Ancora’s 7 board nominees, withholding an endorsement from CEO choose Jim Barber but describing him as a “credible director and CEO candidate nonetheless.” ISS’ endorsement arrives 1 day right after […]
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Glass Lewis endorses 6 of activist Ancora’s nominees for Norfolk Southern board
A Norfolk Southern train is en route on Feb. 14, 2023 in East Palestine, Ohio. Previously in the thirty day period a derailment despatched millions of lbs . of poisonous chemicals into the setting and compelled 1000’s of people today to evacuate. Angelo Merendino | Getty Photos Information | Getty Photos Activist trader Ancora been […]
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Elliott normally takes $1 billion stake in Anglo American as miner faces takeover interest
Chris Ratcliffe | Bloomberg | Getty Pictures Elliott Administration has developed a roughly $1 billion stake in miner Anglo American in modern months, a individual common with the make a difference told CNBC. Anglo American shares were up 5%. Information of the activist’s situation comes as the $43 billion, London-based miner faces takeover curiosity from […]
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TGI Fridays to go public through merger with its U.K. franchisee
TGI Fridays logo is seen on one of their branches. John Lamparski | Lightrocket | Getty Images TGI Fridays and Hostmore, the chain’s U.K. franchisee, announced plans to merge on Tuesday. The all-share deal is valued at 177 million pounds ($220 million). If it closes, TGI Fridays, best known for its potato skins, chicken wings […]
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Macy’s settles proxy fight with activist Arkhouse, adds two directors
Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Department store Macy’s on Wednesday said it had settled its proxy fight with an activist group led by Arkhouse Management, and that it would add two new directors to its 15-person board. The reshuffle moves Macy’s closer to a […]
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