Walmart Signs $2.3 Billion Deal With Vizio To Expand Advertising Business
This year, the advertising business is Walmart's priority as they sign a billion-dollar deal with Vizio to tap into more audiences.
Deals
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.
Steward Health Care Puts All 31 Hospitals up for Sale to Address $9 Billion Debt After Filing for Bankruptcy
Steward Health Care has reportedly listed all its 31 hospitals in the United States for sale to pay off its $9 billion debt...
Japan Bolsters Defense Supply Chain by Contracting JSW To Produce Armored Vehicles for Self-Defense Forces
Japan is now bolstering its defense supply chain. As part of this effort, the Japanese government contracted JSW to produce armored vehicles...
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...
Steve Wozniak’s Space Firm Privateer Buys Orbital Insight, Raises $56.5 Million in Funding
Steve Wozniak’s space date company Privateer has acquired Orbital Insi...
EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition
The European Union (EU) has approved Japan's Nippon Steel's acquisitio...
Latest News
Warren Buffett-Backed Capital One to Buy Discover Financial in $35 Billion Deal
Warren Buffett-backed Capital One is set to acquire US credit card issuer Discover Financial Services in an all-stock deal valued at $35.3 billion.
Polymetal International Sells Its Russian Assets to Siberian Gold Miner for Nearly $3.7 Billion
Polymetal International announced on Monday that it agreed to sell its Russian assets to a Siberian gold miner for approximately $3.7 billion.
London Stock Exchange Group Plans to Increase CEO Pay
The London Stock Exchange Group (LSEG) is considering doubling CEO maximum pay amid concerns on UK firms' US listings and competition from high-paying American tech companies.
OpenAI, Now Valued at Over $80 Billion, Launches New Text-to-Video Tool Sora
ChatGPT maker OpenAI reportedly reached a valuation of $80 billion or more after completing a business deal to raise more funds.
Donald Trump's Social Media Deal Greenlighted by SEC — And It Could Make Him a Fortune
The US Securities and Exchange Commission (SEC) has given the green light for former President Donald Trump's media and technology firm to merge with the blank-check acquisition company Digital World
Walmart Is Eyeing to Buy TV Maker Vizio for More Than $2 Billion: Report
Walmart is reportedly planning to acquire Vizio for $2 billion. Here's what it means for the cheap TV market.
Alphabet Seeks Investor Financing for GFiber Internet Service to Expand Beyond Current Sites
Alphabet wants to seek external funding for its GFiber internet connection company to expand to other locations.
Australia's Sara Lee Saved From Voluntary Administration Through Private Acquisition
After entering voluntary administration last October, Australian dessert maker Sara Lee is now being sold.
Vodafone-Three Mobile Network Merger Prompts UK Antitrust Investigation
The UK's competition regulatory said it will investigate Vodafone's proposed merger with Three.
