Mergers & Acquisitions

Anglo American Announces Plans to Leave Diamond, Platinum, Coal Mining to Avoid BHP Acquisition Plans

Anglo American decided on abandoning its diamond, platinum, and coal operations in order to realign its operations on nickel and avoid acquisitions offered by BHP Group.


Uber to Acquire Foodpanda’s Taiwan Operations for Whopping $950 Million Cash

Uber has agreed to pay $950 million in cash to acquire Taiwanese unit of Foodpanda owned by Delivery Hero...

Enerplus Misses Q1 2024 Profit Targets While Processing Acquisition by Chord

Canadian oil and energy company Enerplus reported an 18.6% revenue loss for its Q1 2024 report compared to figures at the same period last year...

Private Equity Firms Eye Peloton Amid CEO Departure, Cost-Cutting Talks

Private equity firms are considering buying Peloton amid the CEO's departure and cost-cutting efforts. Restructuring aims to reduce expenses, and debt refinancing is in progress...


Latest News

Manchester United Sells 25% Ownership to British Petrochemical Billionaire Jim Ratcliffe
Manchester United has confirmed the sale of a 25% stake in the club to British billionaire and INEOS Chief Executive Jim Ratcliffe.
Warner Bros. Discovery, Paramount Are in Early Talks to Merge: Report
Warner Bros. Discovery and Paramount Global are reportedly in early talks about a potential merger.
Warren Buffett-Led Firm Berkshire Hathaway's Bribery Allegations Against a Truck-Stop Billionaire Can't Be Used in Court: Judge
The Warren Buffett-led conglomerate Berkshire Hathaway has been denied in using the allegations that billionaire Jimmy Haslam tried to bribe Pilot truck stop chain's employees to inflate the company's
Japan's Nippon Steel to Buy US Steel in a Deal Valued at $14.9 Billion
Japan's Nippon Steel has secured a deal to buy US Steel for $14.9 billion.
Pfizer's $43 Billion Deal to Buy Seagen Gets Cleared After Donating Cancer Drug Rights
Pharmaceutical giant Pfizer said it is set to finalize its $43 billion acquisition of cancer drugmaker Seagen this week.
Alaska Airlines Agrees to Buy Struggling Hawaiian Airlines for $1.9 Billion
Alaska Airlines has announced its plan to acquire rival Hawaiian Airlines for $1.9 billion.
Apple and Paramount Streaming Bundle Report Spurs Rise in Media Stocks
Media stocks experienced a significant uptick on Friday after a report of Apple and Paramount agreeing to provide a bundled package featuring their respective streaming services.
Mark Cuban to Sell Majority Stake of Dallas Mavericks to Sands Casino Family for $3.5 Billion
Dallas Mavericks owner Mark Cuban is now in talks to sell a majority stake in the NBA franchise to the family behind the Las Vegas Sands casino company.
Verizon Demands Better Deal Terms After Yahoo’s Widescale Breach
Yahoo is under renewed scrutiny after its second disclosure of breach within this year. The major hacking incidents the company has been involved in puts a risk on its deal with Verizon. Although Veri
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