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Mergers and acquisitions

Metaverse firm Improbable sells gaming unit for $97 million

by Ev Richard
Metaverse firm Improbable sells gaming unit for  million

Herman Narula, co-founder and CEO of Improbable, speaks during a session at the Web Summit in Lisbon. Henrique Casinhas | Sopa Images | Lightrocket | Getty Images Metaverse company Improbable …

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Categories Technology

Macy’s receives $5.8 billion buyout offer, sources say

by Adrian Jhonsan
Macy’s receives .8 billion buyout offer, sources say

People wait in line outside Macy’s before opening on “Black Friday” in New York City on November 24, 2023. The retail sector’s efforts to entice holiday gift purchases builds to …

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Categories World

17LIVE goes public via Singapore’s first SPAC merger

by Ev Richard
17LIVE goes public via Singapore’s first SPAC merger

A live-streamer at a 17LIVE event. 17LIVE In a first for Singapore, shares of 17LIVE began trading Friday following the Asian livestreaming company’s merger with a special-purpose acquisition company. Shares …

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Categories Technology

Exxon CEO dismisses worries FTC could hold up Pioneer deal

by Adrian Jhonsan
Exxon CEO dismisses worries FTC could hold up Pioneer deal

Darren Wood, CEO of Exxon Mobil, speaking on CNBC’s Squawk on the Street on Dec. 7th, 2023.  CNBC Exxon Mobil CEO Darren Woods on Thursday dismissed worries that the Federal …

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Categories World

Vietnamese companies eye U.S. IPO market amid lull in Chinese listings

by Adrian Jhonsan
Vietnamese companies eye U.S. IPO market amid lull in Chinese listings

A VinFast EV car on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC BEIJING — A new group of Asia-based companies are contemplating initial …

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Categories World

Airbnb CFO to move to new role with focus on growth, Brian Chesky says

by Monica Lozano
Airbnb CFO to move to new role with focus on growth, Brian Chesky says

Dave Stephenson, who will become Airbnb CFO in Jan. 2019. Airbnb CFO Dave Stephenson, who helped guide the company through Covid-19 tumult and an initial public offering, will transition into …

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Categories Travel

Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report

by Milton Acorn
Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report

A statue of George Best, Denis Law and Bobby Charlton standing outside Old Trafford, home of Manchester United in Manchester, England. Mike Hewitt | Getty Images Sport | Getty Images …

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Categories Science

Cigna, Humana shares fall after report health-care giants could merge

by Shawn Butlere
Cigna, Humana shares fall after report health-care giants could merge

The Cigna Group headquarters in Bloomfield, Connecticut, on Oct. 27, 2023. BlooJoe Buglewicz | Bloomberg | Getty Images Shares of Cigna and Humana slid Wednesday after a report that the …

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Categories Health

UK regulators say Adobe’s Figma acquisition could harm competition

by Ev Richard
UK regulators say Adobe’s Figma acquisition could harm competition

David Wadhwani, senior vice president of digital media for Adobe, speaks during the launch of Adobe Creative Cloud and CS6 in San Francisco, April 23, 2012. David Paul Morris | …

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Categories Technology

Huawei smartphone spin-off Honor plans IPO

by Adrian Jhonsan
Huawei smartphone spin-off Honor plans IPO

The Honor Magic Vs is on display at Honor’s stand at Mobile World Congres in Barcelona. The near $1,700 device is Honor’s attempt to challenge Samsung in the foldable smartphone …

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Categories World
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