Zomato Lost Nearly $1 Billion in Value After Blinkit Deal
Shares of the online delivery firm Zomato went down by more than 7.5% hitting $0.74 (₹58.20) per share on Bombay Stock Exchange...
A Frail Yen Will Fuel Up Foreign Purchases
Toshiba may slip down in the history for the second time. The foreign buyout groups are ready to offer $22 billion (¥3...
Saudi Arabia Eyes to Triple the Number Of Tourists In 2022
Saudi Arabia is undoubtedly witnessing a huge renaissance as it seeks to diversify its economy. According to the document Vision 2030, The...
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...
Forbes Backs Out From Going Public via SPAC
Forbes, the century-old business magazine backed out from going public via Special Purpose Acquisition Company (SPAC) deal. Shareholders of Forbes concluded the...
Mike Ashley’s Frasers Group Has Bought the Fashion Retailer Misguided
Mike Ashley’s Fraser Group has brought Fashion Retailer Misguided out of administration for $25.16 million. The competitors include Boohoo, Shein and JD...
Chip Maker Broadcom to Acquire Cloud Company VMware
Chipmaker Broadcom is planning to acquire cloud company VMware which, could become one of the largest tech acquisitions in the history. Broadcom...
Adani Family to Acquire Ambuja and ACC in $10.5 Billion Deal
Gautam Adani Group to acquire Switzerland-based Holcim Ltd's entire stake in two Indian cement companies, Ambuja Cements Ltd and ACC Ltd. Cement...
UAE Telecoms Group Acquires 9.8% Stake in Vodafone
The United Arab Emirates-based telecoms group e& bought a 9.8% stake in Vodafone for $4.4 billion. The announcement comes days after e&...
Martin Sorrell’s S4 Recommence Acquisitions with TheoremOne Deal
Martin Sorrell’s S4 Capital recommenced acquisitions with TheoremOne Deal. This is his first acquisition after Sir Martin Sorrell’s advertising start-up in March...