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Cerberus Divests Its 40% Stake in Two German Banks

Cerberus Capital Management leaves German banking in a hard situation earlier this year as it was expecting this to happen later.
Bolt

Bolt Raises $355 Million In Series E Funding Round

Checkout Technology platform, Bolt, announced $355 Million of Funding from their recent Series-E round with a valuation of $11 billion.

London Stock Exchange Proposes Special Listing To Attract Tech Firms

London Stock Exchange Group (LSEG) has proposed a special listing that may blur the line between private and public companies. According to...

Supply Chain Shortages Rise Amid Green Vehicles Demand

The price of batteries for electric vehicles is expected to surge in 2022, undermining technological and efficiency gains. A...

Citigroup Sells Its Four Consumer Divisions To Singapore’s UOB

Citigroup Inc. will sell its consumer banking businesses in Indonesia, Malaysia, Thailand, and Vietnam to Singapore's United Overseas Bank (UOB). Alongside this,...

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Verizon to Acquire América Móvil’s Tracfone

On Monday Sept. 14, Verizon Communications Inc. (VZ) announced that they had entered into an agreement with América Móvil (AMXL.MX) to acquire...
Meten Merger EdTechX

EdTechX Merges with Chinese Company, Meten

EdTechX Holdings announces a merger with Meten International Education Group. EdTechX is a holdings company that focuses on the education, education technology...

Root Inc. Announces Pricing of IPO

Root Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, announced the pricing of its IPO on Monday, Oct. 27. Shares...

Rumours on Western Digital Making Memory in $20bn Merger With Kioxia Grow

In recent days a $20bn rumor has been wreaking havoc in the sector. Hard disk giant Western Digital looks set to strike...

West Ham United To Land Million Dollar Sale

London-based football club West Ham United is in talks to sell a minority stake. According to reports, Czech businessman Daniel Kretinsky aims...