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...
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...
Musk Says He May Drop Twitter Deal if Fake Account Data Not Provided
Billionaire Elon Musk has recently warned that he will withdraw the $44 billion offer to buy the social network Twitter if they...
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...
AZZ Inc Acquires Precoat Metals from Sequa Corporation
AZZ Inc., an international supplier of coating products, welding solutions and engineering services for infrastructure, has acquired Precoat Metals at $1.28 billion....
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&...
Recent Articles
Roe vs Wade Reversal May Impact Telemedicine in US
Roe v. Wade was reversed last week by the U.S. Supreme Court and it was a 5-4 decision. In response, people, both...
Central Bank Chiefs Want Action to Bring Price Growth Back to Moderate Levels
The central bank Chiefs around the world have warned that the era of low interest rates and moderate inflation has come to...
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...
Blockbuster Deal For Pharma Major Boots Comes A Cropper
The Walgreens Boots Alliance (WBA) announced it has abandoned plans to sell UK Pharma major Boots. It further announced Boots and No7...
London Rail Strike Loss Estimated to be $36.85M Per Day
London witnessed massive disruption across its the rail networks as over 40,000 workers struck work for three days last week.The protests started...
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European Union Stands Strong Against New COVID-19 Variant
South African scientists have discovered a new 'variant of concern' last month. The WHO (World Health Organization) named...
Huge Private Equity Firm Buys Loans Portfolio Of KBC Bank
KBC Bank Ireland has reached an agreement for the sale of its loans portfolio. The buyer is CarVal Investors, a big private...
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...
Bank of England Warns New Inflation Data Could See Hike
The Bank of England has warned that the inflation rate could reach 4% by the end of the year. This is double...
CapVest Partners LP Acquires Datasite
CapVest Partners LP, a London private equity firm, acquires Datasite, a Minneapolis-based provider of virtual room software services to principals involved in...
