Hints and tips:
...might associate with a group meal....
...The result has been an unpleasant hit to profit margins for some of the most profitable groups on the planet....
...Apple Pay Later will be serviced through a wholly owned subsidiary, Apple Financing LLC. Lex assesses the risks. 2....
...The studio will continue to make acquisitions before an eventual IPO or sale, according to sources....
...costs, it will keep around one-quarter of the global ads cake for itself)....
...One scoop to start: the US private equity group General Atlantic is in talks with Goldman Sachs to refinance a controversial €300m loan from Greensill Capital. Read more here....
...In a similarly bold play, Mohsin and Zuber Issa, the brothers who run the TDR Capital-backed petrol stations business EG Group, made their most audacious acquisition yet: buying Asda from Walmart — days...
...Shares of the largest US technology companies, including Amazon, Apple, Facebook, Google and Microsoft shot higher on Wednesday....
...Muddy Waters said Baidu and YY Live “will be THE test of whether China Inc. is really just a few bad apples; or, whether the incessant cheating, lying, and indifference to US law permeate the highest echelons...
...Since 1998, the report notes, the four groups have purchased more than 500 companies between them. Antitrust agencies did not block a single one....
...Fighting dirty: making sense of huge French M&A mess One French water and waste group, Veolia, wants to buy fellow French water and waste giant, Suez....
...foreign country’s laws, which may allow its acquisition by that country’s government”....
...One such critique has been their aggressive acquisition strategy of buying up smaller rivals....
...For a start, big acquisitions have been scarce lately. Over the past five years the number of transactions worth more than $1bn can be counted on the fingers of one hand....
...A group of businesses that include the Play app store, cloud computing and hardware sales are now growing at more than twice the wider group level and already make up 16 per cent of revenues....
...Analysts say the acquisition is all about the data. 2....
...In this week's latest episodes: 📺 Google's earnings report noted an increase in YouTube content acquisition costs as it invested in its YouTube TV subscription service, which allows cable-cutters to live-stream...
...Buying Fitbit would help Google catch up with Apple, which has been focusing its health ventures around data collected by the Apple Watch....
...Ernesto Occhiello has left his role as chief executive of Swiss chemicals group Clariant just shy of his one-year anniversary at the helm. Full tale here....
...US media and telecoms groups have hurtled towards consolidation in recent years to defend their business against one common enemy: Netflix....
...Reverse past acquisitions A third option for restructuring Big Tech would involve unwinding past acquisitions, such as Facebook’s purchase of WhatsApp and Instagram, and Google’s of YouTube....
...It continues: “The independent review being undertaken by Freeh Group International Solutions LLC, announced on 17 January 2020, is proceeding....
...Walt Disney’s chief executive Bob Iger has stepped down from Apple’s board as the rivalry between the two groups intensifies with the launch of Apple’s streaming service, TV+. More here....
...Disney’s event comes a few weeks after Apple made a splashy presentation for its own streaming service featuring Oprah Winfrey and Steven Spielberg. Unlike Apple, Disney did not bring out the stars....
...Payments technology — which includes consumer-facing products such as Apple Pay as well as the back-end infrastructure that enables transactions — has stood out even amid a general surge in merger and acquisition...
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