Tag #Acquisition

Showing 85 to 96 of 198 results

welt.de
🌐 85% Global Worthiness
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FTC Sues Meta Over Instagram, WhatsApp Acquisitions

The FTC is suing Meta for monopolistic practices due to its acquisitions of Instagram and WhatsApp; Mark Zuckerberg and Kevin Systrom will testify, and the case's outcome will impact future tech mergers and acquisitions.

Progress

52% Bias Score

Reduced Inequality
aljazeera.com
🌐 85% Global Worthiness
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Prada Acquires Versace for $1.38 Billion

Prada purchased Versace for \$1.38 billion from Capri Holdings on Thursday, marking a major expansion for Prada and a strategic divestment for Capri, seeking to bolster its Michael Kors brand. The deal unites two iconic Italian fashion houses and strengthens Italy's position in the luxury market.

Progress

44% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Prada Acquires Versace for $1.39 Billion Amidst Tariff Impacts

Prada is buying Versace for about \$1.39 billion, a price reduced due to Trump's tariffs impacting Capri Holdings, Versace's owner, who had initially sought \$1.6 billion but faced declining sales. This creates a \$6 billion+ revenue company to rival LVMH and Kering.

Progress

32% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 75% Global Worthiness
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MPS Defends Mediobanca Deal Amidst ISS Opposition

Monte dei Paschi (MPS) sent a letter to shareholders defending its bid for Mediobanca, disagreeing with ISS's recommendation to vote against its capital increase; ISS cited lack of due diligence and final price, while MPS states this is standard for unsolicited offers, the exchange ratio was set at ...

Progress

44% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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xAI Acquires X in Stock Swap Deal

Elon Musk's artificial intelligence firm, xAI, acquired his social media company X (formerly Twitter) in a stock swap deal, uniting the two businesses under one umbrella, with X valued at $45 billion including debt.

Progress

64% Bias Score

Reduced Inequality
news.sky.com
🌐 65% Global Worthiness
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WH Smith Sells High Street Business for £76 Million

WH Smith sold its 233-year-old high street business with 480 stores and 5,000 employees to Modella Capital for £76 million, allowing it to focus on its more profitable travel retail arm and resulting in an estimated £25 million net gain after costs. The high street business will be rebranded as TG J...

Progress

40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Future Pak Bids US$255 Million for Theratechnologies

Future Pak, an American pharmaceutical packaging company, made a US$255-million cash offer to acquire Canadian drug developer Theratechnologies, prompting the company to form a special committee to review the proposal and consider other potential suitors.

Progress

44% Bias Score

Good Health and Well-being
zeit.de
🌐 75% Global Worthiness
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Salzgitter Abandons Takeover Bid Amid Valuation Dispute

Salzgitter AG terminated merger talks with a consortium offering €18.50 per share due to valuation disagreements, causing a 5.3% share price drop; the decision follows opposition from the state government and trade union, and the company will now implement a more aggressive cost-cutting plan.

Progress

40% Bias Score

Decent Work and Economic Growth
gr.euronews.com
🌐 90% Global Worthiness
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Amazon Bids for TikTok Amidst Impending US Ban

Amazon has offered to buy TikTok, just days before a US ban on the platform is set to take effect on Saturday, following a Supreme Court ruling deeming the ban necessary for national security; other potential buyers include Oracle, Blackstone, and several consortia.

Progress

44% Bias Score

Reduced Inequality
lexpress.fr
🌐 90% Global Worthiness
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xAI Acquires X for $33 Billion, Combining AI and Social Media

Elon Musk's xAI acquired his social media platform X for $33 billion in an all-stock deal on March 28th, aiming to combine AI capabilities with X's vast user base to create "smarter and more profitable services," despite controversies surrounding content moderation.

Progress

40% Bias Score

Reduced Inequality
news.sky.com
🌐 65% Global Worthiness
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WH Smith Sells High Street Business for £76 Million

WH Smith sold its 233-year-old high street business with 480 stores and 5,000 employees to Modella Capital for £76 million, allowing it to focus on its more profitable travel retail arm; the high street business will be rebranded as TGJones.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Blue Ant Media to Go Public via Boat Rocker Takeover

Blue Ant Media Inc. will go public through a reverse takeover of Boat Rocker Media Inc. by June, gaining access to permanent capital, expanding its production studios by three, and adding over \$100 million to its balance sheet, with Fairfax Financial Holdings Ltd. as a major shareholder.

Progress

44% Bias Score

Decent Work and Economic Growth

Showing 85 to 96 of 198 results