Proposed Acquisition of Figma by Adobe
1 Mins read
As the investigation unfolds, the CMA has found that Adobe and Figma are both leading providers of software for app and web…
UBS Reports Loss in Q3 Due to Merger Costs
1 Mins read
UBS, the Swiss banking giant, has announced a loss in the third quarter, mainly attributed to the high costs associated with its…
Qantas Airways Withdraws Alliance Aviation Services Acquisition Proposal
1 Mins read
Qantas Airways has decided to abandon its plans to acquire local charter operator Alliance Aviation Services, following opposition from Australia’s competition regulator….
SmileDirectClub's Bankruptcy Filing Raises Doubts about Acquisition Opportunities
2 Mins read
The sudden and unexpected bankruptcy filing by SmileDirectClub (SDC), the controversial tele-dentistry company, has left investors questioning the company’s future prospects and…
Braskem's Shares Rise on Favorable Bid for Acquisition
1 Mins read
Shares of Brazilian chemical company, Braskem, have surged by 5.2% following reports that shareholder Petróleo Brasileiro’s management is in favor of an…
Hostess Brands Acquired by J.M. Smucker in $5.6 Billion Deal
1 Mins read
Shares of Hostess Brands Inc. (TWNK) surged 16.7% to a record high following the announcement of its acquisition by J.M. Smucker Co….
Renold Reports Strong Financial Performance in Fiscal 2023
1 Mins read
Renold, a leading manufacturer of industrial chains, announced today that it has experienced a significant increase in both pretax profit and revenue…
BAE Systems to Acquire Ball Corp.'s Aerospace Business
1 Mins read
BAE Systems, the U.K. defense-and-aerospace group, announced on Thursday that it has reached an agreement to purchase Ball Corp.’s aerospace business for…
TCW Group to Acquire Engine No. 1's ETF Business
1 Mins read
Asset management firm TCW Group announced on Tuesday its plans to acquire the exchange-traded-fund (ETF) business owned by activist investor Engine No….
Health-Care Sector Surges After Strong Earnings for Leading Insurer
1 Mins read
The health-care industry experienced a major boost as the largest health insurer, UnitedHealth, reported impressive second-quarter revenue growth, surpassing Wall Street expectations….