Mergers & Acquisitions

Reddit Collaborates With OpenAI to Bring Contents to ChatGPT, AI Tools

OpenAI's partnership with Reddit allows access to real-time content, enhancing ChatGPT and future products with platform discussions.


Paramount, Amazon Initiate Talks on Expanding Media Partnership

Paramount has been reported to be talking with Amazon to expand its media partnership, including the bundled sales of channels and advertising measures...

Anglo American Announces Plans to Leave Diamond, Platinum, Coal Mining to Avoid BHP Acquisition Plans

Anglo American decided on abandoning its diamond, platinum, and coal operations in order to realign its operations on nickel and avoid acquisitions offered by BHP Group...

Uber to Acquire Foodpanda’s Taiwan Operations for Whopping $950 Million Cash

Uber has agreed to pay $950 million in cash to acquire Taiwanese unit of Foodpanda owned by Delivery Hero...


Latest News

New U.S. tax rules may lead Medtronic to redo inversion deal
U.S. medical device maker Medtronic Inc is likely to try to renegotiate the structure and terms of its $42.9 billion deal to buy Ireland's Covidien Plc in response to new U.S. tax rules, according to
Bonomi letter keeps French Club Med bid battle alive
Italian tycoon Andrea Bonomi has written to directors of his bid target Club Mediterranee (CMIP.PA) asking for updated financial information, a letter seen by Reuters shows, in a sign he still hopes t
EnLink buys Henry Hub and other Louisiana gas pipelines from Chevron
EnLink Midstream (ENLK.N) (ENLC.N) said on Monday it had signed a $235 million deal with Chevron Corp (CVX.N) to buy natural gas pipelines in Southern Louisiana, including those linked to the Henry Hu
SoftBank, DreamWorks Animation talks have cooled: sources
SoftBank Corp's (9984.T) talks to acquire Hollywood studio DreamWorks Animation SKG Inc (DWA.O) have cooled, a SoftBank source and banking sources in Japan said.
Barco on verge of selling aerospace and defense business - paper
Belgian visual technology company Barco NV (BAR.BR) is on the verge of selling its aerospace and defense business to a U.S. industrial firm, local business daily De Tijd said on Monday.
Australia's Treasury Wine rejects $3 billion takeover bids, shares dive
Australia's Treasury Wine Estates Ltd (TWE.AX), one of the world's biggest wine companies, rejected takeover offers from private equity firms saying bids that valued it at $3 billion were insufficient
Lenovo says $2.1 billion IBM x86 server deal to close on Wednesday
Lenovo Group Ltd will close its acquisition of International Business Machines Corp's x86 server division on Oct 1 for $2.1 billion, giving China's biggest personal computer maker a major asset as it
Mercuria's third founder: China head eyes long game
The little known Asia head of Mercuria will be key in tying the Swiss commodity trader's $3.5 billion acquisition of JP Morgan Chase and Co's physical commodity desk into the company's China business.
Japan's Daiichi Sankyo to acquire US biopharma Ambit Biosciences
Japanese drugmaker Daiichi Sankyo Co Ltd (4568.T) has agreed to acquire U.S. biopharmaceutical company Ambit Biosciences Corp (AMBI.O) in a deal valued up to $410 million as it looks to build its pres
Alibaba pays $459 million for stake in Chinese hotel tech company
Alibaba Group Holding Ltd, in its first big investment since raising $25 billion in a record-breaking New York initial public offering, has bought 15 percent of Chinese hospitality technology provider
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