Says Billion Takeover

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

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

Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise

DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter ...

Activist investor ValueAct has $1 billion stake in Meta, sources say

Activist investor ValueAct has a $1 billion stake in Facebook parent Meta, according to people familiar with the matter.

Business - CNBC - 6 days ago

World Bank says war in Lebanon has caused billions in losses

World - Yahoo News - 4 days 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

French foreign minister says conference for Lebanon raised $1 billion in pledges for humanitarian aid, military support

World - ABC News - October 24

Intel Posts More Than $16 Billion Loss but Says Sales Outlook Is Improving

The chip maker attributed nearly $16 billion in charges to its sweeping restructuring efforts. The company’s rosy sales forecast sent shares up about 8% after hours.

Business - The Wall Street Journal - October 31

These countries have the most at stake as the U.S. heads to the polls

The world is watching the presidential election as voters go to the polls Tuesday, but the vote is more consequential for some countries than for others.

Business - CNBC - November 5

British regulator says $19.5 billion Vodafone-Three merger could go ahead if remedies are adopted

Telecom firms Vodafone and Three's multibillion-pound merger could go ahead if the companies adopt proposed remedies from the U.K. competition regulator.

Business - CNBC - November 5

Ukraine war briefing: Biden plans military aid surge from billions still available, say reports

Zelenskyy congratulates Trump on election win – but gloom and uncertainty prevail in Kyiv. What we know on day 988. See all our coverage of the Russia-Ukraine war The Biden White House ...

World - The Guardian - November 7

Americans spend $300 billion a year on gift cards. Why some experts say they should stop.

“Gift cards are a good idea for everybody but the person who receives them.”

Business - MarketWatch - 5 days ago

Cop29 live: solidarity levy on cryptocurrency could raise billions for climate action, says report

Charging $0.045 per kWh for energy used in intensive bitcoin mining could produce $5bn for the climate crisis, says Global Solidarity Levies taskforce. Josh Gabbatiss, from Carbon Brief has ...

World - The Guardian - 4 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.

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 country

World - Financial Times - Yesterday

UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”

World - ABC News - October 30

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 family

Business - 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.

Mass deportation could cost billions

Bankrolling mass deportation would be costly. It would also require a lot more manpower.

The hidden billions Argentines hold in undeclared savings

Decades of distrust of the country’s currency has resulted in a ‘dollars under the mattress’ culture

World - 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

Paris aid conference mobilizes €1 billion for Lebanon

World - Yahoo News - October 24

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.

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