Mergers and acquisitions
Ubisoft spins out new unit for Assassin’s Creed and other games, Tencent to take $1.25 billion stake
On Jan. 9, Ubisoft said it was postponing the launch of “Assassin’s Creed Shadows” and had appointed advisors to review strategic options. Ina Fassbender | AFP via Getty Images Ubisoft on Thursday announced that it’s creating a new gaming subsidiary with Chinese technology giant Tencent investing 1.16 billion euros ($1.25 billion) into the unit. The […]
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Chinese bubble tea chain Chagee files for U.S. initial public offering
Pedestrians walk past a CHAGEE store in Shanghai, China on March 14, 2025. CFOTO | Future Publishing | Getty Images Chinese bubble tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using the ticker “CHA.” The IPO filing comes as the company prepares to open its […]
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Australia’s James Hardie to acquire U.S.-based AZEK in $8.8 billion deal
Fiber-cement maker James Hardie Industries said on Monday it will acquire outdoor products manufacturer AZEK in a cash and stock transaction valued at $8.75 billion, in what could potentially be Australia’s largest deal to date in 2025. Under the deal, AZEK shareholders are set to receive $26.45 in cash and 1.0340 ordinary shares of James […]
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Vance expects a ‘high-level’ TikTok deal by the April 5 deadline
U.S. Vice President J.D. Vance attends a meeting with U.S. President Donald Trump and NATO Secretary General Mark Rutte in the Oval Office of the White House on March 13, 2025 in Washington, DC. Andrew Harnik | Getty Images Vice President JD Vance expressed confidence Friday that a deal to sell TikTok and keep the social […]
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‘Please unleash us,’ Europe’s telcos urge regulators as industry bangs drum for more mega-deals
Key Points Last week at Mobile World Congress (MWC) in Barcelona, CEOs of European telecoms firms called on regulators to make it easier for them to combine their operations with other businesses. Currently, there are numerous telco players operating in different European countries. However, telco bosses say they’d be able to compete more effectively with […]
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Canada’s Couche-Tard tries to sell Japanese public on its $47 billion bid for 7-Eleven
Alimentation Couche-Tard took its case for its $47 billion takeover of Seven & i straight to the Japanese public on Thursday, marking a change in strategy by the low-key Canadian firm in response to what it described as months of stonewalling by the 7-Eleven owner. Eric Thomas | Afp | Getty Images Alimentation Couche-Tard took its case for its $47 billion takeover of […]
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Foxconn says it is open to buying a stake in Nissan
Foxconn Chairman Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18, 2023. I-hwa Cheng | AFP | Getty Images Taiwan’s Foxconn would consider taking a stake in Nissan for cooperation, its chairman said, as the Japanese automaker’s future hangs in the balance after stepping back from merger talks with Honda. “If cooperation requires it (purchasing Nissan shares), we […]
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Prebiotic soda brand Olipop valued at $1.85 billion in latest funding round
Super Bowl Ad Olipop Poppi Soda Source: Olipop Prebiotic soda brand Olipop said Wednesday that it was valued at $1.85 billion in its latest funding round, which raised $50 million for the company. Founded in 2018, Olipop has helped fuel the growth of the prebiotic soda category, along with rival Poppi, which highlighted its drinks […]
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Trump 2.0 may create powerful tailwinds for two vastly different groups: big banks and small caps
ETF Edge Trump 2.0 may create powerful tailwinds for two vastly different groups: big banks and small caps Published Sat, Feb 8 202511:00 AM EST WATCH LIVE Source
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Trump says Nippon will invest heavily in U.S. Steel rather than purchase the company
US President Donald Trump (R) and Japanese Prime Minister Shigeru Ishiba hold a joint press conference in the East Room of the White House in Washington, DC, on February 7, 2025. Jim Watson | Afp | Getty Images President Donald Trump on Friday said Japan’s Nippon Steel will invest heavily in U.S. Steel rather than […]
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