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

Laundry facilities company WASH explores sale
WASH Multifamily Laundry Systems, whose washers and dryers are used weekly by more than 5 million people in North America, is exploring a sale that could value it at more than $900 million, including
Ally Financial sells stake in Chinese joint venture to GM
Ally Financial Inc (ALLY.N) said on Monday that it completed the sale of its stake in a joint venture with a Chinese auto lender to General Motors Co (GM.N) for $1 billion.
Facebook acquires voice recognition firm
Facebook Inc (FB.O) acquired a company that makes voice recognition technology for wearable devices and Internet- connected appliances, the latest sign of its ambition to extend its reach beyond compu
Verizon approaches AOL on potential deal
Verizon Communications Inc (VZ.N) approached AOL Inc (AOL.N) about a potential acquisition or joint venture to expand its mobile-video offerings, Bloomberg reported, citing people with knowledge of th
Henkel wants to expand in hair care, mulls M&A
German consumer goods and industrial glue maker Henkel wants to expand in the area of consumer branded goods and hair care and could consider a large acquisition, the company's chairwoman told German
GFI employees seek to leave if BGC bid succeeds
More than 100 employees at the U.S. interdealer broker GFI Group have asked the company to alter their contracts to allow them to leave if a hostile takeover bid by a rival firm succeeds, according to
Verso Paper needs divestitures for NewPage deal
Verso Paper Corp will have to divest paper mills in Maine and Wisconsin in order to complete its acquisition of NewPage Holdings, the U.S. Justice Department said.
BC Partners to sell half of its stake in Migros to Turkey's Anadolu
Private equity firm BC Partners [BCPRT.UL] said on Wednesday it will sell a 40.25 percent stake in its supermarket chain Migros (MGROS.IS) to Turkish conglomerate Anadolu Endustri Holding AS.
China's Fosun to buy U.S. insurer to help finance acquisition spree
Chinese conglomerate Fosun International Ltd is making its first foray into the U.S. insurance market and buying property and casualty insurer Meadowbrook, a deal that it said would help it secure fun
AdvisorHUB site tried to sell broker data to major wirehouses
AdvisorHUB, a year-old gossip and news website for the brokerage industry, has become such a part of brokers' daily reading routine that some call it the "New York Post of financial news."
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