Mergers & Acquisitions

Reddit Collaborates With OpenAI to Bring Contents to ChatGPT, AI Tools

OpenAI's partnership with Reddit allows access to real-time content, enhancing ChatGPT and future products with platform discussions.


Paramount, Amazon Initiate Talks on Expanding Media Partnership

Paramount has been reported to be talking with Amazon to expand its media partnership, including the bundled sales of channels and advertising measures...

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...


Latest News

Opera Software ASA Receives Acquisition Offer of $1.2 Billion From Chinese Internet Companies
Opera Software, widely known for browsers, has been offered $1.2 billion to sell its 100% stake to a Chinese consortium. The buyers are awaiting a nod from the shareholders who are almost sold on the
Swatch Teams Up With Safilo to Design and Distribute Sunglasses Collection
Swatch will help design the sunglasses collection while Safilo will be in charge of production. The two companies will distribute the products in both their stores worldwide. The five-year agreement a
AXA SA purchases 8% stock in Africa Internet Group
AXA SA has partnered with Africa Internet Group to become the sole supplier of insurance products in Africa. The transaction will promote AXA's business strategy and help the French insurer to serve t
Qube Group offers Asciano A$9 billion, exceeding Canada's Brookfield bid
Qube Holdings have come up with a more tempting offer than its competition, Brookfield, in acquiring Asciano. A greater cash component thrown into the deal has tipped the scales in their favor, which
Verizon CEO showed interest in Yahoo acquisition
It was confirmed by Verizon CEO Lowell McAdam that Verizon is interested in acquiring Yahoo. The Internet search company had difficult times in the past years as many other companies had their market
VTech to acquire US toy maker LeapFrog
VTech Holdings said that it has entered into an agreement to acquire electronic toymaker LeapFrog in an all cash offer. The electronic learning toy maker will fund the acquisition with the internal re
Just Eat to buy Rocket Internet's online food delivery businesses
Just Eat said that it has agreed to purchase Rocket Internet's businesses in Italy and Spain as well as Mexican and Brazilian arms from Foodpanda. The company believe that the acquired assets will hel
Reorient Group Joint Ventures $457 Million Investment Firm In Shanghai
Reorient Group Ltd. has reportedly formed a $3 billion yuan ($457 million) joint venture with partners. The Shanghai based proposed Joint Venture (JV) firm, Yunfeng Securities Co., will have a registe
Nestle to acquire food-maker Osem Investments for $840 million
Nestle has decided to acquire the remaining stake of 36.3% in Osem and take the Israeli food company fully private. An offer of $840 million has been made to buy out the shares, and a shareholder meet
Gulf investors to acquire stake from Kuwait’s Americana at $1.7 bln
The Gulf establishment, Adeptio LLC has approached Kuwait's fast-food chain, Americana, for buying out the 66.8% controlling stake held by the Al Kharafi family valued at $1.7 billion. Currently, the
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