Toshiba picks Japan government-Bain group to buy chip unit, big hurdles remain Toshiba Corp (6502.T) has chosen a consortium of Japanese government investors and Bain Capital as the preferred bidder for its chip business, aiming to seal a deal worth some $18 billion by next week as it scrambles for […]
Mergers
Western Digital to raise Toshiba chip offer to $18 billion or more Western Digital Corp (WDC.O) plans to raise its offer for Toshiba Corp's (6502.T) prized semiconductor unit to 2 trillion yen ($18 billion) or more, a person familiar with the matter said, marking a last-ditch effort to clinch a […]
Yahoo to be named Altaba, Mayer to leave board after Verizon deal Yahoo to be named Altaba, Mayer to leave board after Verizon deal:- Yahoo Inc said Monday that it would rename itself Altaba Inc and Chief Executive Officer Marissa Mayer would step down from the board after the closing […]
Symantec Is Acquiring LifeLock for $2.3 Billion Symantec said it was acquiring U.S. identity theft protection services company LifeLock for an enterprise value of $2.3 billion. It expects to finance the transaction with cash on balance sheet and $750 million of new debt, Symantec said in a statement. Reuters first […]
Airbnb’s Funding Round Led by Google Capital Airbnb’s Funding Round Led by Google Capital : Airbnb Inc. has brought on Alphabet Inc.’s investment arm as a backer, part of an expected $850 million funding round that values the home-rental company at $30 billion, people close to the deal said. In […]
J&J to Buy Abbott’s Eye-Surgery Equipment Unit for $4.325 billion J&J to Buy Abbott’s Eye-Surgery Equipment Unit for $4.325 billion : Abbott Laboratories agreed to sell its eye-surgery equipment business to Johnson & Johnson for $4.325 billion as the health-care giants remake their lineups of medical devices, the companies said […]
Bayer, Monsanto Confront Global Review as Farmer Options Shrink Bayer, Monsanto Confront Global Review as Farmer Options Shrink:- Bayer AG’s agreement to buy Monsanto Co. adds a new layer of complexity for antitrust officials already reviewing tie-ups across agriculture, as suppliers race to tighten their grip on markets from planting […]
