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

National Australia Bank weighing sale of life insurance unit: sources
National Australia Bank (NAB.AX) is considering the sale of its life insurance unit worth an estimated $800 million, seeking to boost earnings and returns on capital, people familiar with the matter t
U.S. Steel Canada moving quickly to sell Hamilton assets
United States Steel Corp's (X.N) Canadian unit is preparing to quickly put its Hamilton assets up for sale and also hopes to run an auction process for its operations on Lake Erie, court filings showe
AstraZeneca, Shire fall as U.S. tax move punctures deal hopes
Shares in drugmakers AstraZeneca (AZN.L) and Shire (SHP.L) both fell more than 5 percent on Tuesday after the U.S. Treasury took steps to curb "inversion" deals that allow companies to escape high U.S
Veresen to acquire half stake in Ruby pipeline for $1.43 billion
Veresen Inc (VSN.TO), a Canadian pipeline company developing the Jordan Cove liquefied natural gas facility in Oregon, said on Monday it has agreed to acquire Global Infrastructure Partners' half inte
McGraw Hill Financial to sell McGraw Hill Construction to PE firm
Standard & Poor's owner McGraw Hill Financial Inc (MHFI.N) said it would sell McGraw Hill Construction to a private equity firm for $320 million.
U.S. FTC mulling antitrust lawsuit against Sysco, US Foods deal
The U.S. Federal Trade Commission is considering a possible antitrust lawsuit against Sysco Corp's (SYY.N) $3.5 billion deal to buy debt-ridden US Foods from private equity, the Wall Street Journal re
Blackstone agrees to buy stake in Chinese medical implant firm
Blackstone Group L.P. (BX.N) has agreed to buy a stake in China's Xinrong Best Medical Instrument Co, the U.S. private equity firm said in a statement on Tuesday. Blackstone did not give the size of t
StanChart in advanced talks to sell HK consumer unit to Australia's Pepper
Standard Chartered (STAN.L) is in advanced talks to sell its Hong Kong consumer finance business to finance firm Pepper Australia Pty Ltd in a deal that could fetch between $500 million to $700 millio
AT&T, Chernin venture to buy majority stake in Fullscreen
Otter Media, a joint venture between telecom giant AT&T Inc and The Chernin Group, has agreed to buy a majority stake in Fullscreen, one of the largest networks on YouTube, the companies announced on
Merck KGaA to buy Sigma-Aldrich for $17 billion
Drugs and chemicals maker Merck KGaA (MRCG.DE) said it agreed to acquire Sigma-Aldrich (SIAL.O) for $17 billion in cash to boost its Merck Millipore lab supplies business in the biggest takeover in th
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