Mergers and acquisitions

Arm plans to transfer shares of China unit to SoftBank ahead of IPO: Reports
Technology

Arm plans to transfer shares of China unit to SoftBank ahead of IPO: Reports

SAM YEH | AFP | Getty Images Arm is set to transfer shares in its renegade China joint venture to a special purpose vehicle owned by parent company SoftBank, according to reports from The Financial Times and Bloomberg on Tuesday which cited people familiar with the matter. Arm currently holds a 47.3% equity stake in […]

Read More
Apple buys UK fintech start-up Credit Kudos
Technology

Apple buys UK fintech start-up Credit Kudos

Customers walk past a digital display of the new green color Apple iPhone 13 pro inside the Apple Store on 5th Avenue in Manhattan, in New York, March 18, 2022. Mike Segar | Reuters LONDON — Apple has acquired British fintech start-up Credit Kudos, a person familiar with the matter told CNBC, confirming an earlier […]

Read More
U.S. private equity giant pays .7 billion for SAP rival started in an English barn
World

U.S. private equity giant pays $10.7 billion for SAP rival started in an English barn

Frank Calderoni, CEO of Anaplan. Adam Jeffery | CNBC U.S. private equity giant Thoma Bravo has bought British enterprise software firm Anaplan for $10.7 billion. The deal, announced Monday, will see Thoma Bravo pay $66 per share in an all-cash transaction. Anaplan was founded in 2006 in a barn in Yorkshire, England, by Guy Haddleton, […]

Read More