Deals
Universal Music Group Announces Job Cuts After TikTok Deal Talks Fail
Universal Music Group (UMG) announced Wednesday that it would reduce its workforce and streamline operations to save €250 million ($27 million) by 2026.
US Regulatory Agency Moves to Block $25 Billion Kroger-Albertsons Supermarket Merger
The US Federal Trade Commission (FTC) sued Kroger and Albertsons to stop their $25 billion merger. The Federal Trade Commission (FTC) of the United States has filed a lawsuit against Kroger and Albertsons, seeking to halt their $25 billion merger.
MWC 2024: Hewlett Packard Enterprise, Juniper Networks CEOs Discuss $14 Billion Merger Deal Benefits
The Hewlett Packard Enterprise (HPE) is set to acquire Juniper Networks in a $14 billion deal. The chiefs of Hewlett Packard Enterprise (HPE) and Juniper Networks have discussed the expected benefits for mobile operators from a proposed $14 billion deal to merge the two companies during their keynote session at the Mobile World Congress (MWC) 2024 in Barcelona, Spain.
Shein Is Eyeing London IPO Due to Challenges of Listing in the US
Shein is reportedly looking into switching its initial public offering (IPO) from New York to London due to possible issues with a listing in the United States.