World news

  • 31.08.2020
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SoftBank can invest up to $ 20 billion in New York coworking network

Japanese telecommunications company SoftBank plans to invest from $ 15 billion to $ 20 billion in New York coworking startup WeWork in exchange for a controlling stake in the company. This w...

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Walmart acquires online lingerie retailer Bare Necessities

Walmart Inc said on Friday it has acquired online lingerie retailer Bare Necessities for an undisclosed amount, its second apparel-focused acquisition in less than two weeks as it seeks deep...

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  • 31.08.2020
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Health insurer Centene to buy smaller rival WellCare for $15.27 billion

U.S. health insurer Centene Corp confirmed on Wednesday that it would buy WellCare Health Plans Inc in a cash-and-stock deal to bulk up its government-backed healthcare business, valuing its...

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  • 31.08.2020
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Mastercard to invest $300 million in Network International IPO

Global payments giant Mastercard has said it will invest $300 million as a cornerstone investor in the planned London float of payments processor Network International.

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  • 31.08.2020
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Denmark's DSV to buy logistics company Panalpina in $4.6 billion deal

Swiss logistics group Panalpina has bowed to an increased 4.6 billion Swiss francs ($4.6 billion) bid from Danish rival DSV, ending a more than two month takeover battle designed to build sc...

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  • 31.08.2020
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Apple to buy part of supplier Dialog's business in $600 million deal

Apple Inc has agreed to buy a portion of chip supplier Dialog Semiconductor Plc’s business in a $600 million deal, the two companies said Thursday, expanding the iPhone maker’s chip operatio...

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  • 31.08.2020
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China's HNA lists property assets worth $11 billion for sale: documents

Chinese conglomerate HNA Group has put up for sale property assets worth at least $11 billion, according to documents seen by Reuters, accelerating a push to cut its large debt and restructu...

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Hershey to buy cheese puffs maker Pirate Brands for $420 million

Hershey Co said on Wednesday it would buy Pirate Brands from B&G Foods Inc for $420 million in an all-cash deal, giving the chocolate maker rights to snack brands such as Pirate’s Booty, Sma...

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  • 31.08.2020
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Equity Residential Seeks Buyers for Two NYC Buildings

Deals would follow the sale of an Upper West Side property Apartment landlord is seeking to cut its Manhattan exposure

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  • 31.08.2020
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Google to buy analytics software firm Looker for $2.6 billion

Alphabet Inc’s Google said on Thursday it would buy Looker, a privately held big-data analytics company, for $2.6 billion in cash, in the first major acquisition for new Google Cloud Chief E...

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  • 31.08.2020
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Exclusive: Saudi Arabia to auction detained tycoon

Saudi Arabia will auction real estate owned by indebted billionaire Maan al-Sanea and his company starting next month to help repay billions of riyals due to creditors, sources familiar with...

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  • 31.08.2020
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Meredith Corp to sell Time media brand to Marc and Lynne Benioff

Meredith Corp said on Sunday it entered into a definitive agreement to sell the Time media brand to Marc and Lynne Benioff for $190 million in cash.

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Saudi's PIF invests more than $1 billion in electric carmaker Lucid Motors

Saudi Arabia’s Public Investment Fund has agreed to invest more than $1 billion in Lucid Motors, adding to the emerging competition facing U.S. electric vehicle maker Tesla Inc

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  • 31.08.2020
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Goldman Sachs to buy Capital Vision Services in $2.7 billion deal: WSJ

The merchant-banking division of Goldman Sachs Group Inc is set to buy Capital Vision Services LP, which manages MyEyeDr. optometry centers, in a deal valued at $2.7 billion including debt,...

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  • 31.08.2020
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Adobe Systems Is Nearing $5 Billion Deal for Marketo

Adobe Systems Inc. is in talks to buy software maker Marketo Inc. for about $5 billion, according to a person familiar with the matter.

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Brazil's Natura to invest $5 million in new brands through venture capital funds

Brazil cosmetics company Natura intends to invest up to $5 million in new brands in beauty and wellness segments in Europe and the United States through venture capital funds, executives sai...

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San Miguel Unit to Buy 85.7% of LafargeHolcim's Philippine Unit

- Holcim Philippines has total enterprise value of $2.15 billion - Buyer will have to conduct a tender offer to minority holders

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Uber Is in Early Talks to Buy Europe's Deliveroo

An acquisition would accelerate Uber’s food-delivery business Deliveroo was valued at $2 billion in financing last year

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  • 31.08.2020
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Pepsi says to invest $4 billion in Mexico in 2019-2020

PepsiCo Inc said on Monday that it plans to invest $4 billion in Mexico between 2019-2020 with partner Grupo Gepp and create around 3,000 new jobs.

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Papa John's founder explores pizza chain stake sale

Papa John International Inc’s founder John Schnatter is in talks with financial advisers for a possible sale of his stake in the company, a regulatory filing showed on Monday.

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