Mergers and acquisitions
Microsoft’s president on new bid for Activision Blizzard: ‘Up to regulators to decide’
Microsoft suggests it “definitely experimented with” to consider the worries of U.K. regulators to coronary heart, prior to launching its new bid to take about Activision Blizzard — and it truly is now up to the regulators to decide irrespective of whether that route is distinct. “I imagine we require to let the regulators converse […]
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Subway sandwich chain sells itself to Dunkin’ owner Roark Capital
In this photo illustration, a Subway meal is seen on a table at a Subway restaurant on January 12, 2023 in Austin, Texas. Brandon Bell | Getty Images Roark Capital is buying Subway, ending the sandwich chain’s more than five decades of family ownership and marking a new era for the struggling company. The announcement […]
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Arm data files for Nasdaq listing, as SoftBank aims to offer shares in chipmaker it purchased for $32 billion
SoftBank strategies to record Arm in the U.S. CFOTO | Long term Publishing | Getty Illustrations or photos Arm, the chipmaker owned by Japan’s SoftBank, submitted for a Nasdaq listing on Monday, positioning itself to go public throughout a historically gradual period for tech IPOs. The organization wishes to trade beneath the ticker symbol “ARM.” […]
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Aldi to acquire Winn-Dixie and Harveys Supermarket stores in Southern expansion
Jeff Greenberg | Universal Images Group | Getty Images Supermarket chain Aldi plans to acquire hundreds of Winn-Dixie and Harveys Supermarket locations across the Southern U.S. in a deal that will expand the fast-growing grocer’s presence across the region. Germany-based Aldi said in a news release Wednesday that it will take over operations of all […]
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VinFast CEO claims it is a ‘big milestone’ for the Vietnamese EV maker to be listed in the U.S.
CHATHAM COUNTY, NORTH CAROLINA – July 28: VinFast CEO Le Thi Thu Thuy speaks as Electric carmaker Vinfast breaks floor in its $4B NC manufacturing plant located inside the Triangle Innovation Place on July 28, 2023. Nick Ut | Getty Photos News | Getty Pictures Vietnamese electrical automobile maker VinFast is anticipated to list on […]
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SEC investigating Illumina over acquisition of cancer test developer Grail
A building on the campus at the world headquarters of Illumina is shown in San Diego, California, September 1, 2021. Mike Blake | Reuters The Securities and Exchange Commission is investigating Illumina over its controversial $7.1 billion acquisition of cancer test developer Grail, the DNA sequencing company said in a securities filing late Thursday. Last […]
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Novo Nordisk to acquire obesity drug maker Inversago Pharma for up to $1 billion
Liselotte Sabroe | Afp | Getty Images Novo Nordisk on Thursday said it will acquire Inversago Pharma, a privately held obesity drug maker, for up to $1.08 billion to broaden the Danish company’s blockbuster weight loss portfolio. The deal is Novo Nordisk’s latest attempt to capitalize on the weight loss industry gold rush, which began […]
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Johnson & Johnson investors can soon swap their shares for Kenvue stock — here’s what you need to know
Thibaut Mongon, CEO and Paul Ruh CFO of Kenvue Inc. a Johnson & Johnson’s consumer-health business, pose together during the company’s IPO at the New York Stock Exchange (NYSE) in New York City, U.S., May 4, 2023. Brendan McDermid | Reuters Johnson & Johnson on Thursday said its shareholders will soon be able to swap […]
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Eli Lilly to acquire obesity drug maker Versanis for $1.9 billion
Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain. Cristina Arias | Cover | Getty Images Eli Lilly on Friday said it will acquire Versanis, a privately held obesity drug maker, for up to $1.93 billion to boost the pharmaceutical giant’s weight loss treatment portfolio. Eli Lilly agreed to pay Versanis shareholders in […]
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The United kingdom — which blocked the Microsoft-Activison offer — is prepared to negotiate. Here’s what occurs following
Britain’s opposition regulator, the staunchest opponent of Microsoft’s $69 billion acquisition of gaming huge Activision Blizzard, flat out blocked the offer in April. It appears the U.K. Competitions and Markets Authority may perhaps have now had a improve of coronary heart. After a U.S. choose on Tuesday denied the the Federal Trade Commission’s motion for […]
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