Featured

Eneos Set to Purchase Japan Renewable Energy in a $1.8 Billion Deal

Japan based petroleum company Enoes Holding Inc. (TYO: 5020) is looking forward to purchase Japan Renewable Energy in a deal which will cost about $1.8 billion (200 billion yen). This development was first reported on Nikkei Business daily on September 7. Currently, Japan Renwable Energy is jointly owned by United States multinational investment bank and […]

Nvidia Offering EU Concessions in Efforts to Secure Regulatory Approval Over Arm Acquisition Deal

United States based giant technology company involved in designing graphics processing units for gaming and chip units for mobile computing NVidia Corp (NVDA) is offering concessions in efforts to get its bid to acquire UK based chip designer Arm approved by the European Union (EU) regulator. Nvidia made public its intention to buy Arm last […]

UBS Clients to Raise $650M in Largest Biotech Impact Fund

The wealthy clients of Swiss based investment bank and financial service provider UBS Group AG (SWX: UBSG) have raised $650 million for the biggest ever biotechnology impact fund. The bank made the announcement. Impact investing is a financial terminology used to explain the philanthropic goals into mainstream financial holdings. Just like financial returns, Impact investing […]

Qualcomm and SSW to Acquire Veoneer in a $4.5 Billion Deal

Leading semiconductor manufacturer Qualcomm Inc. (QCOM) has entered into an agreement with SSW Partners to acquire Sweden based automotive technology group Veoneer Inc. (VNE) in a deal worth $4.5 billion. SSW Partners is a newly launched investment company in New York and according to the agreement Qualcomm and SSW will purchase the stock of Veoneer […]

Zoom Abandons $14.7 Billion Acquisition Deal With Five9 Inc.

Online video-conferencing services provider Zoom Video Communications Inc. (ZM) has abandoned a $14.7 acquisition deal of leading provider of cloud contact center solutions Five9 Inc. (FIVN) following various which came up while the deal was almost getting closed. Among the major reasons is the unwillingness by Zoom to add cash on its bid as the […]

Rivian Automotive Considering Internal Battery Manufacturing

United States based electric vehicle manufacturer specializing in building sport utility vehicle and pickup truck Rivian Automotive announced that it plans to start building batteries in-house since the company has been securing batteries for its vehicles from South Korean supplier Samsung SDI CO Ltd. (006400). In a regulatory filing, the company says manufacturing its own […]

AstraZeneca Set to Acquire Caelum Biosciences For $500 Million

Pharmaceutical and biotechnology company focusing to pushing boundaries in the science space to deliver life changing medicines AstraZeneca Plc. (LON: AZN) announced that it’s planning to acquire Caelum Biosciences Inc. in a deal worth $500 million. Caelum Biosciences is a clinical stage biotechnology company specializing on developing treatments for AL Amyloidosis which is a rare […]

AutoStore Aiming to Raise $315 Million From its IPO

Norway based unique and simple solution that uses robots and bins to quickly process small parts orders AutoStore says that it’s aiming at feting $315 million from its initial public offering (IPO) on the Oslo Bourse Stock Exchange. This initial public offering will go down as the largest IPO on the market for the last […]

Google to Cut Down Charges on Sales From its Cloud Marketplace

Alphabet Inc. (GOOGL) the parent company of leading search engine Google announced that it will be cutting down the amount it charges customers who purchase software from other vendors on its cloud marketplace. According to a report released by the company, Google is cutting down its percentage revenue share from 20% down to 3% for […]

Ninja Van Raises $578 Million in Latest Funding Round

Singapore based logistics company Ninja Van announced having $578 million from the latest financial round it held, the company made this revelation on September 26. Ninja Van which engages in last mile logistics and package delivery announced having added leading Chinese online retailer Alibaba Group Holding Ltd. (BABA) on its balance sheet as an investor. […]