Business

  • 31.08.2020
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Ikea Plans to Expand to a Dozen New Markets in Coming Years

Total retail sales gained to 38.8 billion euros in full year Company prepares to expand into South America for first time

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  • 31.08.2020
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Adobe Systems Is Nearing $5 Billion Deal for Marketo

Adobe Systems Inc. is in talks to buy software maker Marketo Inc. for about $5 billion, according to a person familiar with the matter.

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  • 31.08.2020
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San Miguel Unit to Buy 85.7% of LafargeHolcim's Philippine Unit

- Holcim Philippines has total enterprise value of $2.15 billion - Buyer will have to conduct a tender offer to minority holders

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  • 31.08.2020
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Papa John's founder explores pizza chain stake sale

Papa John International Inc’s founder John Schnatter is in talks with financial advisers for a possible sale of his stake in the company, a regulatory filing showed on Monday.

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  • 31.08.2020
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Canada's Husky Energy offers to buy MEG Energy in $5 billion deal

Canadian oil and gas producer Husky Energy Inc (HSE.TO) said on Sunday it has made an unsolicited bid to acquire rival MEG Energy Corp in a deal valued at C$6.4 billion ($5 billion) includin...

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  • 31.08.2020
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Hilton to double hotels in Africa in next five years: CEO

Hilton Worldwide Holdings plans to more than double its hotels in Africa in the next five years by mainly striking deals with existing hotels for conversion into its brand, its chief executi...

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  • 31.08.2020
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Chevron to buy Anadarko for $33 billion in shale push

Chevron Corp unveiled a $33 billion takeover of Anadarko Petroleum Corp on Friday, bolstering its position in shale oil and liquid natural gas production with the biggest industry merger sin...

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Shell sells stake in Gulf of Mexico field for $965 million

Royal Dutch Shell on Thursday agreed to sell its 22.45 percent stake in the Caesar Tonga field in the Gulf of Mexico for $965 million in cash to a subsidiary of Israeli energy conglomerate D...

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  • 31.08.2020
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Hootsuite Is Exploring a Sale for at Least $750 Million

Canadian startup builds social-media marketing software Vancouver company had contemplated IPO for several years

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  • 31.08.2020
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Bain Capital to buy majority stake in Rocket Software

IT services company Rocket Software said on Monday private equity firm Bain Capital had agreed to take a majority stake in the privately held firm in a deal valued at about $2 billion.

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  • 31.08.2020
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Exclusive: Uber plans to sell around $10 billion worth of stock in IPO - sources

Uber Technologies Inc has decided it will seek to sell around $10 billion worth of stock in its initial public offering, and will make public the registration of the offering on Thursday, pe...

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  • 31.08.2020
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Volkswagen planning new North America factory for electric vehicles

Volkswagen VOWF_p.DE is deciding where to locate a new factory in North America to build electric vehicles for the U.S. market, the German automaker’s new head for the Americas said on Wedne...

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Altria in talks to take minority stake in Juul: sources

Tobacco company Altria Group Inc (MO.N) is in talks to take a minority stake of 20 to 40 percent in e-cigarette maker Juul Labs Inc, people familiar with the matter said on Wednesday.

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  • 31.08.2020
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CorelDraw developer can buy an IT company with Russian roots Parallels

Canadian company Corel buys a developer of virtualization software with Russian roots Parallels, writes with reference to its own sources TechCrunch. According to the publication, some emplo...

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  • 31.08.2020
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Walmart acquires online lingerie retailer Bare Necessities

Walmart Inc said on Friday it has acquired online lingerie retailer Bare Necessities for an undisclosed amount, its second apparel-focused acquisition in less than two weeks as it seeks deep...

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  • 31.08.2020
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Health insurer Centene to buy smaller rival WellCare for $15.27 billion

U.S. health insurer Centene Corp confirmed on Wednesday that it would buy WellCare Health Plans Inc in a cash-and-stock deal to bulk up its government-backed healthcare business, valuing its...

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  • 31.08.2020
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Denmark's DSV to buy logistics company Panalpina in $4.6 billion deal

Swiss logistics group Panalpina has bowed to an increased 4.6 billion Swiss francs ($4.6 billion) bid from Danish rival DSV, ending a more than two month takeover battle designed to build sc...

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  • 31.08.2020
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Apple to buy part of supplier Dialog's business in $600 million deal

Apple Inc has agreed to buy a portion of chip supplier Dialog Semiconductor Plc’s business in a $600 million deal, the two companies said Thursday, expanding the iPhone maker’s chip operatio...

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  • 31.08.2020
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BMW to buy control of China venture in 'new era' for foreign carmakers

Germany’s BMW (BMWG.DE) will pay 3.6 billion euros ($4.2 billion) to take control of its main joint venture in China, the first such move by a global carmaker as Beijing starts to relax owne...

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  • 31.08.2020
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Twilio to Buy SendGrid for $2 Billion in Bid to Expand Products

Twilio Inc., a software maker, will buy SendGrid Inc. for $2 billion in an all-stock transaction to boost its suite of communication tools.

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