After entering voluntary administration last October, Australian dessert maker Sara Lee is now being sold.
Deals
Polymetal International Sells Its Russian Assets to Siberian Gold Miner for Nearly $3.7 Billion
Polymetal International announced on Monday that it agreed to sell its Russian assets to a Siberian gold miner for approximately $3.7 billion.
London Stock Exchange Group Plans to Increase CEO Pay
The London Stock Exchange Group (LSEG) is considering doubling CEO maximum pay amid concerns on UK firms' US listings and competition from high-paying American tech companies.
OpenAI, Now Valued at Over $80 Billion, Launches New Text-to-Video Tool Sora
ChatGPT maker OpenAI reportedly reached a valuation of $80 billion or more after completing a business deal to raise more funds.
Donald Trump's Social Media Deal Greenlighted by SEC — And It Could Make Him a Fortune
The US Securities and Exchange Commission (SEC) has given the green light for former President Donald Trump's media and technology firm to merge with the blank-check acquisition company Digital World Acquisition Corp.
Latest News
The UK's competition regulatory said it will investigate Vodafone's proposed merger with Three.
The Federal Trade Commission (FTC) has initiated an inquiry into the substantial investments made by tech giants Microsoft, Amazon, and Google in AI startups like OpenAI and Anthropic.
Terraform Labs, a stablecoin behind TerraUSD, filed for Chapter 11 bankruptcy in the United States on Sunday, Jan. 21. The move may allow them to execute their business plan.
The Warren Buffett-led conglomerate Berkshire Hathaway announced on Tuesday that it is buying the remaining 20% stake in the Pilot truck stop business of the Haslam family.
A federal judge on Tuesday blocked JetBlue Airways' planned $3.8 billion acquisition of Spirit Airlines.
Isomorphic Labs, a subsidiary of Alphabet Inc., is set to accelerate AI-driven drug discovery after it entered into strategic research collaboration agreements with Novartis AG and Eli Lilly & Co.
Investors expect a rebound in the 2024 IPO market. Here are the companies that are expected to go public next year.
Manchester United has confirmed the sale of a 25% stake in the club to British billionaire and INEOS Chief Executive Jim Ratcliffe.
Warner Bros. Discovery and Paramount Global are reportedly in early talks about a potential merger. Warner Bros. Discovery and Paramount Global are reportedly in early talks about a potential merger.
