Tag: Ownership Changes

[ad_1] Japanese investor SoftBank has taken a loss of around £450 million ($509 million) after selling its stake in British e-commerce company THG. SoftBank 9984, -0.22% sold its entire interest…

[ad_1] Activist investor Starboard Value LP has a sizable stake in Splunk Inc. and plans to push the software maker to take action to boost its stock price, according to people familiar with…

[ad_1] Kroger has inked a deal with Albertsons to purchase the smaller grocery retailer for $24.6 billion. The acquisition will establish a national footprint “to serve America with fresh, affordable…

[ad_1] Nissan Motor Co. NSANY, -0.16% said Tuesday that it would exit the Russian market and book a loss of about 100.0 billion yen ($686.2 million) from the sale of…

[ad_1] Bio-Rad Laboratories Inc. is in talks to combine with fellow life-sciences company Qiagen NV in a deal that would be worth more than $10 billion, according to people familiar with the matter. The…

[ad_1] Shares of Rivian Automotive Inc. took a dive Monday, in the wake of the electric-vehicle maker’s recall of nearly all of its vehicles, but Wedbush analyst Dan Ives said…

[ad_1] With valuation at a trough and a dividend lined up for 2022, A.P. Moeller-Maersk is “too compelling to ignore” and investors should buy the shares. That’s according to analysts…

[ad_1] Elon Musk’s decision to end his war with Twitter Inc. isn’t just a big win for the social-media company, but also for some big-name investors like Carl Icahn. Icahn quietly amassed a Twitter TWTR, +22.24%…

[ad_1] Germany on Wednesday agreed a deal to nationalize energy supplier Uniper SE in a move aimed at securing energy supply in country. Finnish energy group Fortum Oyj FORTUM, +14.46%…

[ad_1] Ralph Lauren Corp. aims to buy back more stock and boost its profit margins as it benefits from strong consumer demand after years of restructuring. The New York-based luxury retailer on…

[ad_1] WASHINGTON — A federal judge Monday ruled against a Justice Department antitrust challenge to UnitedHealth Group Inc.’s UNH, +0.49%  $13 billion acquisition of health-technology firm Change Healthcare Inc. CHNG, -0.08%,   rejecting government claims that the…

[ad_1] Shares of Netflix Inc. pulled back Monday, reversing an early rally, after Oppenheimer’s new analyst covering the streaming video giant spelled out reasons why it’s time for investors to…

[ad_1] Instacart Inc. doesn’t plan to raise much capital in its initial public offering and instead plans to have most of the listing come from the sale of employees’ shares,…

[ad_1] Tesla Inc. Chief Executive Elon Musk pointed in a Thursday court filing to a whistleblower’s “devastating analysis” as he alleged “fraud” on the part of Twitter Inc. executives, a…

[ad_1] Twitter Inc.’s shareholders are poised to approve the $44 billion takeover that Elon Musk is now trying to exit, according to people familiar with the matter, putting the deal’s fate in a Delaware judge’s hands as the…

[ad_1] Honda Motor Co. and LG Energy Solution announced plans Monday for a $4.4 billion investment to build a lithium-ion battery plant for electric vehicles in the U.S. In a…