Deals

Citi’s Rousseau to focus on France, financial advisory across EMEA

Citi’s Rousseau to focus on France, financial advisory across EMEA

Published 01/09/2020

LONDON (Reuters) - Citigroup (C.N) has hired Robin Rousseau as a vice chairman of investment banking for Europe, the Middle East and Africa, a memo [more…]

K-Pop group BTS’ label Big Hit posts profit as it prepares for IPO

K-Pop group BTS’ label Big Hit posts profit as it prepares for IPO

Published 15/08/2020

(This August 13 story corrects to show that 2019 and 2020 H1 results are based on different accounting standards in paragraph 3, changes percentage change [more…]

Explainer: Microsoft’s TikTok bid spotlights Windows maker’s history with China

Explainer: Microsoft’s TikTok bid spotlights Windows maker’s history with China

Published 10/08/2020

SHANGHAI (Reuters) - Microsoft Corp has emerged as the most likely buyer of the U.S. operations of TikTok, the popular Chinese short-video app that U.S. [more…]

Google to buy 6.6% stake in ADT in home security push

Google to buy 6.6% stake in ADT in home security push

Published 03/08/2020

(Reuters) - Alphabet Inc’s (GOOGL.O) Google is buying a 6.6% stake in home security firm ADT Inc (ADT.N) for $450 million in a deal that [more…]

EV maker Lordstown Motors to go public by merging with blank check firm

EV maker Lordstown Motors to go public by merging with blank check firm

Published 03/08/2020

(Reuters) - Lordstown Motors has agreed to go public through a merger with blank-check company DiamondPeak Holdings in a deal that values the electric pickup [more…]

J.C. Penney’s survival hinges on urgent sale negotiations

J.C. Penney’s survival hinges on urgent sale negotiations

Published 03/08/2020

NEW YORK (Reuters) - The survival of J.C. Penney Co Inc hangs on whether the department store chain can reach a complex deal within days [more…]

Facebook brings official music videos to users’ feed

Facebook brings official music videos to users’ feed

Published 31/07/2020

(Reuters) - Facebook Inc said on Friday that its users in the United States would be able to view and share official music videos on [more…]

Emergent signs $174 million deal to make AstraZeneca’s potential COVID-19 vaccine

Emergent signs $174 million deal to make AstraZeneca’s potential COVID-19 vaccine

Published 27/07/2020

(Reuters) - Emergent BioSolutions Inc said on Monday it signed a $174 million agreement with AstraZeneca to develop and manufacture the British drugmaker’s COVID-19 vaccine [more…]

Ebay nears deal to sell classified-ads unit to Norway’s Adevinta: WSJ

Ebay nears deal to sell classified-ads unit to Norway’s Adevinta: WSJ

Published 20/07/2020

(Reuters) - EBay Inc (EBAY.O) is in advanced talks to sell its classified-ads unit to Norwegian group Adevinta ADEV.OL as the online auction pioneer seeks [more…]

Intesa ups bid for UBI by 18% with cash sweetener

Intesa ups bid for UBI by 18% with cash sweetener

Published 17/07/2020

MILAN (Reuters) - Italy’s Intesa Sanpaolo (ISP.MI) on Friday raised its bid for rival UBI Banca (UBI.MI) by 18%, adding a cash sweetener to secure [more…]