Latest in Billion Takeover Evotech
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Halozyme says €2 billion takeover of Evotech would create leader in drug discovery
Halozyme says the combined company would have an estimated $2 billion in revenue in 2025.Business - MarketWatch - 12 hours ago -
Why Germany Is Resisting UniCredit’s Takeover of Commerzbank
Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian lender UniCredit’s acquiring Commerzbank.Top stories - The New York Times - November 1 -
LinkedIn’s Hostile Takeover of the Tech Job Market
LinkedIn is going all-in on AI for recruiters and job seekers.Business - Inc. - November 5 -
Chelsea duo praise Bompastor's smooth takeover
Chelsea duo Erin Cuthbert and Zecira Musovic praised new manager Sonia Bompastor following their unbeaten start to the season and the smooth transition to her leadership.Sports - ESPN - November 6 -
Verizon's Takeover of Frontier Communications Wins Shareholder Support
The $9.6 billion deal would expand Verizon’s fiber network to a size that would rival major competitors such as AT&T and Comcast.Business - The Wall Street Journal - 5 days ago -
How Newcastle’s Saudi takeover ripped the £8bn-a-year Premier League in two
Three years after Saudi Arabia bought Newcastle United FC, only now are the full seismic consequences hitting home for English football.Sports - Yahoo Sports - October 20 -
Bin Salman heavily involved in Newcastle takeover, messages suggest
Leaked WhatsApps from Amanda Staveley published Staveley and PIF stand by assurances to Premier League Leaked WhatsApp messages from the former Newcastle United minority co-owner Amanda Staveley ...World - The Guardian - October 20 -
The corporate takeover of ‘craft beer’ leaves a nasty taste in the mouth | Katie Mather
Giant multinationals are swallowing up independent breweries yet keeping the subversive, sock-it-to-the-man branding. Do they think drinkers are daft?. When I first began working in the beer ...World - The Guardian - October 25 -
Elon Musk’s Twitter Takeover Set Off a Race to the Bottom
Social media companies that once at least tried to promote a healthy information ecosystem have largely given up—and insiders say Musk’s example gave them cover.Tech - Wired - November 5 -
UniCredit and Commerzbank square off with target hikes amid takeover battle
UniCredit and Commerzbank flaunted their financial strength as the fate of one of Europe's largest banking mergers still hangs in balance.Business - CNBC - November 6 -
Jos Buttler returns for England ‘excited’ by McCullum’s white-ball takeover
Captain admits fearing sack after T20 World Cup flop McCullum says main job is lifting ‘miserable’ Buttler Jos Buttler feared he could be sacked as England captain after their T20 World Cup exit ...World - The Guardian - November 8 -
X sees largest user exodus since Musk takeover
Users are exploring alternatives like Bluesky and Threads.Top stories - NBC News - 5 days ago -
How the states can protect public health from the federal fringe takeover
No matter where we live, we should ask what our state doing to protect our families against rancorous false cries against basic public health protections.Politics - The Hill - 4 days ago -
KKR and Bain’s $4bn takeover battle set to open up M&A in Japan
Bankers say clash of private equity titans augurs new phase of ‘hostile’ dealmaking in countryWorld - Financial Times - Yesterday -
Elon Musk's secret talks with Putin ramped up during his Twitter takeover: WSJ report
Tesla and SpaceX CEO Elon Musk has engaged in secret talks with Vladimir Putin since late 2022, The Wall Street Journal reports.Business - CNBC - October 25 -
7-Eleven starts talks with ACT on $47bn takeover bid as ‘white knight’ emerges
Japanese convenience store operator receives rival buyout offer from members of founding familyBusiness - Financial Times - 5 days ago -
MicroStrategy buys $2 billion in bitcoin in 10 days. Is there $42 billion to go?
Shares of MicroStrategy Inc. entered record territory Monday for the first time in 24 years, as the self-proclaimed largest corporate holder of bitcoin continued to ride the postelection frenzy in ...Business - MarketWatch - November 11 -
Billions of levelling-up cash in limbo
Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.Top stories - BBC News - October 27 -
Mass deportation could cost billions
Bankrolling mass deportation would be costly. It would also require a lot more manpower.Top stories - CBS News - October 27 -
The hidden billions Argentines hold in undeclared savings
Decades of distrust of the country’s currency has resulted in a ‘dollars under the mattress’ cultureWorld - Financial Times - October 23 -
Why Meta and Snap are spending billions on AR glasses
Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.Business - CNBC - October 24 -
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Waymo Raises $5.6 Billion From Outside Investors
Alphabet’s driverless car unit now has vehicles operating in San Francisco, Phoenix and Los Angeles.Business - The New York Times - October 28 -
Biden announces $3 billion investment in U.S. ports
President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.Top stories - CBS News - October 29 -
Alphabet Revenue Jumps 15% to $88.3 Billion
The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.Tech - The New York Times - October 29 -
UEFA pledges $1 billion to grow women's soccer
UEFA pledged Wednesday to steer €1 billion ($1.08 billion) toward all levels of women's soccer over the next six years as part of a comprehensive strategy to grow the game in Europe.Sports - ESPN - October 30 -
Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion
The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.Tech - The New York Times - October 30 -
Siemens to Buy Altair in $10.6 Billion Equity Deal
The German industrial giant is acquiring software and technology company Altair, a deal that will increase Siemens’s digital business revenue.Business - The Wall Street Journal - October 30 -
Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.Business - The New York Times - October 31 -
Kroger Finalizes $1.37 Billion Opioid Crisis Settlement
Kroger finalized a $1.37 billion settlement in connection with the grocery chain’s role in the U.S. opioid crisis, Nevada Attorney General Aaron Ford said.Business - The Wall Street Journal - November 4 -
U.K. government cuts NatWest stake by £1 billion
The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.Business - MarketWatch - November 11 -
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.Business - MarketWatch - 5 days ago -
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Samsung Electronics Plans $7 Billion Share Buyback
The South Korean technology giant’s stock repurchase plan comes amid investor concerns over its flagship memory-chip business, which is missing out on the artificial intelligence boom.Business - The Wall Street Journal - 3 days ago -
MicroStrategy’s stock surges on $4.6 billion bitcoin buy
MicroStrategy shares are surging on the software company and cryptocurrency play’s $4.6 billion bitcoin buy.Business - MarketWatch - 7 hours ago -
Perplexity AI Hopes to Double Its Valuation to $8 Billion
The Jeff Bezos-backed AI company is looking to raise around $500 million in its new funding round.Business - Inc. - October 20 -
Perplexity AI seeks valuation of about $9 billion in new funding round
Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.Business - CNBC - October 21 -
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Lucid CEO defends $1.75 billion capital raise following stock drop
Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.Business - CNBC - October 22
