Manchester United valued at $5.4 billion as Ineos billionaire Jim Ratcliffe buys 25% stake at $33 per share
Billionaire Jim Ratcliffe has completed the purchase of a stake in Manchester United, defeating rival bids from petro-states and hedge ...
Tag: billion
Karuna Therapeutics surges 47% after Bristol Myers Squibb announces $14 billion deal
Bristol Myers Squibb on Friday announced it agreed to buy biopharmaceutical company Karuna Therapeutics for $14 billion in cash, or ...
Adobe and Figma call off $20 billion acquisition after regulatory scrutiny
Adobe and Figma, the cloud-based design tool, will terminate their planned $20 billion merger in light of regulatory hurdles, the ...
Tencent loses over $43 billion in market value after China proposes new online gaming rules
Tencent lost about $43.5 billion in market value on Friday after China surprised financial markets with a fresh set of ...
Nike sinks 12% after it slashes sales outlook, unveils $2 billion in cost cuts
Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it lowered ...
Anthropic, the OpenAI rival, is in talks to raise $750 million in funding at an $18.4 billion valuation
Omar Marques | Lightrocket | Getty ImagesAnthropic, the OpenAI rival founded by ex-OpenAI employees, is in talks to raise a ...
Shippers have already diverted about $35 billion in cargo from the Red Sea amid fears of attacks
So far, shippers have diverted about more than $30 billion worth of cargo away from the Red Sea as they ...
$4.7 billion European fintech firm Pleo appoints new CFO, pointing to IPO hopes
The Pleo app pictured on a smartphone next to one of the fintech firm's corporate cards.PleoDanish fintech firm Pleo has ...
TikTok is spending $1.5 billion on a joint venture to solve the problem of Indonesia’s surprise social media shopping ban
Just two months ago, ByteDance-owned TikTok abruptly closed its shopping platform in Indonesia to comply with surprise regulations from the ...
Macy’s receives $5.8 billion buyout offer, sources say
People wait in line outside Macy's before opening on "Black Friday" in New York City on November 24, 2023. The ...
