Cost "synergies" are a common feature of big deals. They're a type of cost saving that can take many forms - including layoffs.
The $19.7 billion deal to acquire Nuance would be Microsoft's largest since it purchased professional networking site LinkedIn in 2016.
The Athletic CEO Alex Mather proposed the merger to Axios CEO Jim VandeHei last week, people familiar with the matter told the Wall Street Journal.
Musk Metals shares pulled back from a surge that followed the miner's deal to acquire a lithium property named "Elon".
UK officials have confirmed that SpaceX's Starlink was being considered for getting internet to hard-to-reach communities.
The three-year deal gives Facebook access to News Corp publications such as The Australian newspaper and The Daily Telegraph.
Okta shares fell after the ID-authentication software maker issued a soft outlook. The company also plans to buy rival Auth0 for $6.5 billion.
Founded in 2018, the US-Israeli firm is based in New York and has research and development offices in Tel Aviv.
Investment heavyweight Ken Moelis is planning to raise $1.2 billion from three new SPACs that are being sponsored by his boutique bank.
Adam Neumann, co-founder of WeWork, is nearing a settlement in a legal dispute with SoftBank, WeWork’s owner. Neumann could reap almost $US500 million in cash and remain a major shareholder. The deal could lead to WeWork trying again to go public, following its failed IPO in 2019. Visit the Business […]
The potential deal between Adam Neumann and Softbank, WeWork's owner, could pave the way for WeWork to try again for a public listing.
The semiconductor company’s stock jumped after Bloomberg’s report that the company is exploring its business options. The analogue chip unit could sell for $US2 billion to $US3 billion, according to sources in the report. Silicon Labs hasn’t made any final decisions about what it plans to do with its operations. […]
Silicon Labs may decide to sell its analog chip unit as the company explores its business options, according to a Bloomberg report.
Peridot Acquisition Corp. will merge with battery recycler Li-Cycle, sending shares of the blank-check company up by 30% on Tuesday morning.
Legendary rock musician Bob Dylan has sold his entire songwriting catalogue of more than 600 songs to Universal Music Publishing Group (UPMG), the company announced Monday. UMPG didn’t disclose how much it paid, but The New York Times estimated it Monday at more than $US300 million, making it likely the […]
S&P Global is in advanced talks to buy IHS Markit for $US44 billion, the Wall Street Journal reported. The mega deal would mark the largest transaction on Wall Street this year, according to Dealogic. Talks could fall apart as the deal hasn’t been finalised. IHS Markit would be open to […]
PNC Financial has struck a deal to buy the US arm of Spain’s BBVA for nearly $US12 billion. The tie-up would create the fifth-largest US retail bank. The merger is among the largest mergers in the banking space since the financial crisis. PNC said it expects the deal, which is […]
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