Mergers / Acquisitions / Takeovers

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…]

BP’s green energy targets will be tough to meet

BP’s green energy targets will be tough to meet

Published 10/08/2020

LONDON (Reuters) - BP (BP.L) will need to invest tens of billions of dollars over the next decade and may have to accept lower returns [more…]

Saudi information security firm Elm to acquire Tabadul

Saudi information security firm Elm to acquire Tabadul

Published 09/08/2020

DUBAI (Reuters) - Saudi information security company Elm is to acquire digital services company Tabadul from Saudi Arabia’s sovereign wealth fund, Elm said in a [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…]

Factbox: Intesa eyes integration, growth after UBI bid succeeds

Factbox: Intesa eyes integration, growth after UBI bid succeeds

Published 28/07/2020

MILAN (Reuters) - Intesa Sanpaolo (ISP.MI) succeeded in its bid for UBI Banca (UBI.MI) on Tuesday after acquiring two thirds of its target’s shares to [more…]

Qualtrics float would be ‘win-win’ proposition: SAP CEO

Qualtrics float would be ‘win-win’ proposition: SAP CEO

Published 27/07/2020

BERLIN (Reuters) - SAP’s (SAPG.DE) plans to float online sentiment tracking business Qualtrics would be a “win-win” proposition, CEO Christian Klein said on Monday, as [more…]

SAP picked by Moderna to help distribute COVID-19 vaccine candidate

SAP picked by Moderna to help distribute COVID-19 vaccine candidate

Published 27/07/2020

BERLIN (Reuters) - Business software group SAP (SAPG.DE) has been selected by Moderna (MRNA.O) to help distribute the potential COVID-19 vaccine that the U.S. pharmaceuticals [more…]

Carrefour expands Uber Eats service to more French cities, Belgium

Carrefour expands Uber Eats service to more French cities, Belgium

Published 27/07/2020

PARIS (Reuters) - French supermarket retailer Carrefour (CARR.PA) and Uber Eats (UBER.N) said on Monday they were rolling out their home delivery partnership nationwide and [more…]