Warren Buffet Ends Association with Wells Fargo
Wells Fargo was one of the top investments of Warren Buffett-owned Berkshire Hathaway but not any more now. Many...
Magnum Plans to Sell its Telecom Subsidiary aire networks
The business of telecommunications and fiber optics has become a main topic for investors in today's world. In this context, Madrid-based ...
Shell Agrees to Buy Sprng Energy for $1.55 Billion
Private equity firm Actis will sell its Sprng Energy renewable platform to a subsidiary of British energy giant Shell for $1.55 billion....
Meta Inc to Stop Facebook Podcast Service From June 3
As reported by Bloomberg, Meta, Inc. confirmed that it would shut down the Facebook podcast service from June 3.
Shopee Withdraws from India After Five Months of Operations
Shopee, the largest e-commerce marketplace from Singapore under Sea Ltd, closed its operations in India effective from 29 March 2022.
Softbank Withdrawn from Investment for Indonesia’s New Capital City
Softbank, a Japanese multinational company focused on investment management, officially withdrew from investment in Indonesia's capital city project, Nusantara. It was revealed...
Bayer Sells Pest Control Unit For $2.6 Billion To Cinven
Bayer AG (ETR: BAYN) to sell its pest control unit to Private equity firm Cinven for $2.6 billion. It wants to focus...
Russian Banks’ Future Within European Markets
Central Russian banks decided to end their operations in Europe due to imposed sanctions last week. PJSC Sberbank recent...
Recent Articles
Cornerstone Acquires SumTotal For $200 Million
HR Tech firm Cornerstone, backed by Clearlake Capital Group, acquired SumTotal for about $200 million. Clearlake has signed a definitive agreement with...
Hg Group Lets Go of MEDIFOX DAN to ResMed in Major $1 Billion Deal
UK based private investment fund Hg group announced its intention to sell MEDIFOX DAN to ResMed. MEDIFOX DAN is a leading provider...
China Faces Period of Uncertainty Amid Economic Slowdown
The COVID-19 pandemic has had a devastating impact on China's economy. In addition to the economic slowdown, China is also facing immense...
Egypt’s e-commerce Enters a New Phase
Egyptian President Abdel Fattah Al-Sisi has waived the condition for establishing start-ups virtually through a yet-to-be-released government platform.
McDonald’s to Reopen Under a New Name In Russia
Alexander Govor, the new owner of McDonald's, has renamed the McDonald's chain of restaurants in Russia, Oleg Paroev, CEO of the new...
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Bain Capital Could Potentially Take Over LV=
Bain Capital could potentially take over Liverpool Victoria (LV=). Mark Hartigan, Liverpool Victoria's new chief executive, is the one who oversaw a...
Opioid Manufacturer Mallinckrodt Files for Chapter 11 amid Litigations
On October 12, Mallinckrodt plc filed Chapter 11 petitions in the U.S. Bankruptcy Court for the District of Delaware.
Carbon Clean Raises $150M to Scale its Industry Decarbonization Solutions
Carbon Clean is a global leader in cost-effective carbon capture systems. The company has recently closed the largest ever equity fundraising round....
USTR Investigates DSTs of International Trading Partners
The United States Trade Representative has announced investigations into the digital services tax (DST) of international trading partners. The representative announced the...
Zebra To Fetch Robotics In $290 Million Boost For Automation Services
Zebra Technologies is acquiring Fetch Robotics for $290M. Zebra Technologies is a prominent global enterprise that aims to improve its technology and...
