Mergers and acquisitions
Deutsche Lender CEO claims acquisitions not a 'priority' as Commerzbank rumors swirl
Christian Sewing, Main Government Officer of Deutsche Lender, has acknowledged that a recession in Germany is inescapable, and urged leaders to accelerate its decoupling from China. Denis Balibouse | Reuters Deutsche Financial institution CEO Christian Stitching on Thursday explained that merger and acquisition exercise is not a precedence for his group, as speculation resurfaces in […]
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Exclusive: Half of Japan companies appear at restructuring to enhance performance
TOKYO, JAPAN – JULY 22: Office staff are found reflected in a window as they walk to a teach station in front of the Toshiba Companies, Tokyo headquarters (still left) on July 22, 2015 in Tokyo, Japan. Toshiba Company President Hisao Tanaka and two other executives resigned July 21, more than a $1.2billion accounting scandal. […]
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Burger King owner Restaurant Brands buys chain's largest U.S. franchisee
Burger King fast food restaurant with menu and customers. Jeff Greenberg | Universal Images Group | Getty Images Restaurant Brands International is buying Carrols Restaurant Group, the largest Burger King franchisee in the U.S., for about $1 billion in cash. Restaurant Brands will pay $9.55 per share to acquire Carrols, which operates more than 1,000 […]
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Malaysia's Funds A paves way for merger of AirAsia's operations globally
Malaysia’s Money A Berhad CAPI.KL reported on Monday it intends to provide its aviation business enterprise to extensive-haul unit AirAsia X Bhd AIRX.KL, with a intention of consolidating both its lengthy and quick-haul operations beneath a single AirAsia brand name. Nicky Almasy | Instant | Getty Images Malaysia’s Capital A Berhad said on Monday it intends to offer […]
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Southeast Asia’s funding winter could close next calendar year — but tech companies have to have feasible paths to profitability
A Google, Temasek and Bain & Organization report discovered that “dry powder” amplified to $15.7 billion at the conclusion of 2022, up from $12.4 billion in 2021. Mikroman6 | Moment | Getty Illustrations or photos Undertaking money firms in Southeast Asia assume fundraising to select up in 2024, but tech companies have to have to […]
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SoftBank-backed metaverse organization Unbelievable sells a vital gaming enterprise for $97 million
Herman Narula, co-founder and CEO of Unbelievable, speaks for the duration of a session at the Net Summit in Lisbon. Henrique Casinhas | Sopa Photos | Lightrocket | Getty Illustrations or photos Metaverse company Inconceivable has marketed just one of its vital gaming ventures to London-outlined video game developer Keywords and phrases Studios for £76.5 […]
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Macy's receives $5.8 billion buyout offer, sources say
People wait in line outside Macy’s before opening on “Black Friday” in New York City on November 24, 2023. The retail sector’s efforts to entice holiday gift purchases builds to a crescendo this weekend with the annual “Black Friday” shopping day followed by the newer “Cyber Monday.” (Photo by Yuki IWAMURA / AFP) (Photo by […]
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In a initial for Singapore, livestreaming app 17Dwell goes general public via SPAC merger
A are living-streamer at a 17Stay occasion. 17Stay In a very first for Singapore, shares of 17Stay commenced buying and selling Friday next the Asian livestreaming company’s merger with a special-goal acquisition company. Shares of 17Live fell 2.06% to 3.80 Singapore dollars ($2.84) following opening at SG$4. This was Singapore’s to start with listing via […]
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Manchester United established to validate 25% stake sale to petrochemicals billionaire Ratcliffe: Report
A statue of George Most effective, Denis Legislation and Bobby Charlton standing outside the house Aged Trafford, house of Manchester United in Manchester, England. Mike Hewitt | Getty Illustrations or photos Sport | Getty Pictures LONDON — Manchester United will following 7 days announce that British petrochemicals billionaire Jim Ratcliffe will acquire a 25% stake […]
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Panera Bread reportedly files to go public again through IPO
A Panera Bread mango yuzu citrus charged lemonade is displayed at a Panera Bread restaurant in Novato, California, on Nov. 1, 2023. Justin Sullivan | Getty Images Panera Bread has confidentially filed to go public again, the Financial Times reported. The restaurant chain, known for its soups, sandwiches and bagels, has been signaling for months […]
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