18 articles tagged
The cryptocurrency industry is at a pivotal moment, facing increased regulatory scrutiny over political ties while also undergoing major corporate consolidation.
Denny's has agreed to a $620 million all-cash deal to be taken private by a group of investors, causing its stock to surge over 50% in response.
Streaming giant Netflix is exploring a potential acquisition of Warner Bros. Discovery, a move that could significantly reshape the entertainment industry.
Core Scientific shareholders have rejected a $9 billion all-stock merger with AI firm CoreWeave, citing undervaluation and concerns over stock volatility.
Skyworks Solutions has agreed to acquire Qorvo in a cash-and-stock deal valued at around $22 billion, a major consolidation in the semiconductor industry.
Dubai's Emirates NBD will invest $3.05 billion to acquire a 60% majority stake in India's RBL Bank, marking the largest FDI in the nation's financial sector.
First Citizens Bank is implementing a major expansion on the West Coast, driven by its 2023 acquisition of Silicon Valley Bank, to serve the tech and venture capital sectors.
Banco Santander has announced it will merge its digital unit, Openbank, with Santander Consumer Finance to create a unified digital consumer bank in Europe.
Global BankCorp has announced a definitive agreement to acquire fintech firm PaySphere for $2.5 billion, aiming to bolster its digital payment services.
HSBC Holdings has made a $13.6 billion offer to acquire full ownership of Hang Seng Bank, aiming to consolidate its control over Hong Kong's largest local lender.
Grupo Mexico has stated it will not enter a bidding war for Banamex, Citigroup's retail unit, asserting its $9.3 billion offer is already a premium.
Shares of utility AES Corp. are trading above the valuation implied by a reported $38 billion takeover offer from Blackrock's Global Infrastructure Partners.
