Hints and tips:
...Byju’s had used loans and a war chest of more than $2bn, gathered from venture capital during the pandemic, to go on an acquisition spree, aiming to capitalise on the trend towards online learning and become...
...(Pimco) — The PagerDuty CEO who quoted Martin Luther King in her mass sacking email is v v v sorry....
...The company had ridden growing interest in online learning during lockdowns to raise more than $2.5bn in equity from investors, touching a valuation of $22bn and making a series of high-profile acquisitions...
...The recent listing of Singapore-based tech group Grab, which completed the largest-ever merger with a special purpose acquisition company (Spac) at the start of December, has also helped draw renewed attention...
A successful bid with Apollo could lead to Boots becoming a high street name in India
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...Shares in cloud software companies have fallen one-third in the past three months, according to the BVP Nasdaq Emerging Cloud index, with US investors fearing a cycle of interest rate rises to deal with...
...Both of the Los Angeles-based groups boast of their strength in emerging areas such as podcasting....
...The Muddy Waters report will also add to the scrutiny of Baidu’s acquisition of YY Live, which was announced on Monday....
...“The studios are better off letting the cinemas go bankrupt and re-emerging as healthier companies without any debt later,” a person close to Universal told the FT’s Anna Nicolaou and DD’s James Fontanella-Khan...
...threat (FT + Lex) Marks and Spencer to axe 7,000 jobs over next three months (FT) Tech investor Kevin Hartz joins Spac boom with new investment vehicle (FT) Starboard Value seeks $300m for blank-check acquisition...
...We will probably see an evermore nationalistic technology sector, with different rules emerging for different regions. The shift will limit global growth opportunities for some platforms....
US private equity firm plans further share in group shaken by fallout from Luckin Coffee scandal
...For sure, traffic acquisition costs, a major expense for internet groups, will fall. These are equivalent to about a quarter of advertising revenues at Google....
...Analysts say the acquisition is all about the data. 2....
...Xerox wants to give HP’s board its walking papers We’re all guilty of overusing the David v Goliath trope but in the case of Xerox and HP, it really does apply....
...AstraZeneca Plc has made a preliminary approach to rival drugmaker Gilead Sciences Inc. about a potential merger, according to people familiar with the matter, in what would be the biggest health-care deal...
...Back in 2013, McCabe sold a 50 per cent stake in the club for £1 to UTB LLC — a company controlled by Prince Abdullah, a member of the Saudi royal family....
...There’s significant growth to come in those places as more and more people adopt cards and electronic payments — we can see emerging market-like growth in developed economies, which is a really interesting...
...These included acquisitions such as Ewos, a Norwegian salmon feed company, and Diamond V, a manufacturer of yeast culture products to aid animal health....
...Mergers and acquisitions among investment managers in 2017 reached levels not seen since the aftermath of the financial crisis, with the market under intense pressure to consolidate....
...A version of this article was first published by the Nikkei Asian Review on July 4 2018. ©2018 Nikkei Inc. All rights reserved....
...The complaint states that discrepancies among HNA’s reports of its ownership structure led to questions from the Committee on Foreign Investment in the United States (Cfius), scuppering the acquisition....
...Meredith Corporation is exploring a break-up of Time Inc that would include shedding some of its best-known titles, including Time magazine and Sports Illustrated, once it acquires the 95-year-old publisher...
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