Exits

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...

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...

Google Plans to File for Bankruptcy in Russia

The Russian subsidiary of Google plans to file for bankruptcy, according to a spokesman for Google. The reason for this decision is...

Starbucks to Exit Russia After 15 Years

After nearly 15 years of operating, Starbucks will exit the Russian market. Starbucks has joined top names like McDonald's, Exxon Mobil, and...

Deutsche Bank and Commerzbank Lose After $1.9 Billion Sale

The American management company Capital Group caused a strong punishment on the Stock Exchange on Tuesday for Deutsche Bank and Commerzbank. This...

CNN Streaming Service to Shut Down a Month After Launch

The newly formed media giant, Warner Bros Discovery (WBD), announced the closure of CNN+ on April 30. The decision marks an end...

Citibank Joins the List of Foreign Banks Exiting India

Mumbai-based Axis Bank is acquiring Citibank's entire consumer business for $1.6 billion. The deal, however, excludes Citibank's institutional client businesses in India....

Famous Retail Chains Still Continue Businesses in Russia

Companies such as IKEA, Mc Donald`s with retail chains decided to leave the Russian market following sanctions against Russia for invading Ukraine....
Houghton Mifflin

Veritas Capital to Buy Houghton Mifflin in All Cash Deal

Private equity firm Veritas Capital will acquire educational publisher Houghton Mifflin Harcourt Co (NASDAQ: HMHC) for $2.8 billion in all cash deal.

BP to Sell $14bn Stake in Russian Oil Company Rosneft

B.P. plc is to offload its $14 billion stakes in Russian state-owned oil company Rosneft. The decision comes days after the increasing...

Recent Articles

Central Bank

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

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...

Rising Inflation is Leading to Shrinkflation

With high inflation comes Shrinkflation. Shrinkflation is the combination of Shrinking and inflation. It is when items shrink in their size and...

Most Popular

Fintech

Fintech Startup Raised $5 Million in Seed Funding

Fintech startup Jin Finance raised $5 million from seed funding. TTV Capital led the seed round.  Furthermore, Stanford Angels,...

Iconic Loeb Boathouse Makes Layoffs Permanent, Shutters Until Spring 2021

The Loeb Boathouse, an iconic restaurant in New York City's Central Park, notified the New York Department of Labor on September 8...

Global Keg Files for Chapter 11, Citing Closed Restaurants and Bars

Global Keg is the largest beer keg rental company in the world. But since COVID-19 has disrupted the economy, the business has...

Rodgers Silicon Valley Acquisition Corp. Files IPO, Its Eyes On Tech

Rodgers Silicon Valley Acquisition Corp. has filed an S-1 form with the SEC. In this paperwork they have registered 23 million units....
Climate Analytics

Climate Analytics Firm Raises $54 M in Funding Round

Jupiter, a climate analytics provider, has recently raised $54 million in a Series C funding round. Clearvision Ventures and MPower Partners co-led...