Tags: Acquisition

Google Blames AI in Carbon Emissions Rise, Challenging 2030 Net Zero Pledge

The startup said it will instead focus on reaching $1 billion in revenue before considering publicly selling its shares.

French private equity firm L Catterton reportedly approached toymaker Mattel with an offer to acquire it, according to several sources quoted by Reuters.

The Australian government announced that it has approved the request of ANZ to acquire the banking business of Suncorp for $3.26 billion.

Singapore becomes a major hub for international mergers and acquisitions this quarter, with deal values up 102% from last year to $23.8 billion.

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Palo Alto Networks Is Buying IBM QRadar Cloud Security Software Assets to Expand Customer Base

This acquisition is intended to enhance IBM's expertise in cloud-based solutions, especially as the demand for AI-driven technologies continues to grow rapidly.

EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition

US Steel shareholders have overwhelmingly approved the firm's sale to Japan's Nippon Steel for a cash payment of $14.1 billion.

At $6.6 billion, Arkhouse Management and Brigade Capital Management are bidding more to buy Macy's.

Vodafone and Three Merger: UK Gives Both Telcos 5 Working Days to Address Competition Concerns to Avoid in-Depth Probe

The UK's competition regulatory said it will investigate Vodafone's proposed merger with Three.

After a failed attempt to buy Sky in 2010, Fox moved again to acquire 61% of the company through a $14.6 billion deal. The deal, however, faced opposition over concerns of potential over-concentration of power since Rupert Murdoch also owns stakes in other firms in the U.K.

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 Verizon has not confirmed any plans of ditching the purchase, reports indicated that the company is demanding for better deal terms for the acquisition.

McCormick will no longer acquire Premier Foods as it cannot provide the offer acceptable to the latter. Due to failure of the said talks, Premier was left to "fend for itself" for the company's success while seeking alliance with Japan's Nissin Food Corporation.

Anbang Insurance is acquiring Allianz’s operations in South Korea after dropping its offer to buy Starwood hotels. The deal is waiting for approval from South Korea’s financial regulator.

Valentino has made an offer to acquire French fashion house Balmain for 500 million euros. Balmain’s heirs has decided to find a new owner after the fashion house’s former chairman and majority owner, Alain Hivelin, passed away in 2014.

Nissin has made its takeover approach to Premier Foods by buying 17.3 percent stake in the company. The deal made Nissin Premier Foods’ largest stakeholder, but the company must agree to not make a takeover bid to Premier Foods in at least six months.