Hints and tips:
...Two of the people said China’s merger and acquisition approvals for US companies now required additional consultations with the Ministry of Foreign Affairs and the State Council....
...In his role as a director of ByteDance’s main Chinese unit, Wu has a say over its “business strategy and investment plans”, any merger or acquisition, profit allocation and a vote on the group’s top three...
...Sony has accused Microsoft of misleading the games industry and regulators about its commitments to keep Call of Duty on PlayStation consoles following its planned $75bn acquisition of Activision Blizzard...
...US chipmaker Broadcom will complete its acquisition of cloud software company VMware on Wednesday, the two companies announced after China approved the $69bn deal....
...“Never before has there been such uncertainty over the fate of such a large acquisition so close to a supposed deadline for it to be closing,” Kelly said....
...I love that Betsey Stevenson found a way to link Ryan Gosling’s hilarious “I’m Just Ken” rendition at the Oscars to male performance in the service economy....
...China’s regulators are threatening his $69bn takeover of cloud software group VMware by not signing off on the blockbuster acquisition, according to the FT’s Qianer Liu, Cheng Leng and Ryan McMorrow....
...Private equity groups, which often tap the group’s consultants to do due diligence on acquisition targets, are also pulling back from investing in China....
...The Trump family’s luxury Scottish golf resort made its first profit since the acquisition almost a decade ago....
...In later video testimony shown during the hearing, Ryan said he changed his view after seeing details of the terms Microsoft was proposing....
...In later video testimony shown during the hearing, Ryan said he changed his view after seeing details of the terms Microsoft was proposing, while also growing worried that PlayStation’s customers could be...
...National Grid has hired Shell’s former head of mergers and acquisitions Katie Jackson as president of its low-carbon and renewables ventures business....
...Wilkinson also read from an email written by Jim Ryan, head of Sony Interactive Entertainment, saying that Microsoft’s planned acquisition “is not an exclusivity play at all”, adding: “I’m pretty sure we...
...database also lists the algorithm’s owner as Beijing Douyin Information Technology, ByteDance’s main Chinese entity, where an official from China’s internet regulator is a director and has a say over any acquisition...
...Ryan said his company was considering relocating to the US to attract better investment....
...Ryan Grabinski at Strategas isn’t so sanguine. He figures that margins are indeed normalising, but that this is just the prelude to a fundamentals-driven margin crunch....
...Microsoft has signed a 10-year deal to bring Call of Duty, one of the world’s most popular gaming franchises, to Nintendo’s platforms for the first time in almost a decade, following its planned $75bn acquisition...
...Netflix was deploying the tech-sector playbook of high debt, rapid growth and cheap acquisition of existing commodities that can then be repurposed and traded at a higher margin....
...Additional reporting by Ryan McMorrow in Beijing Letter in response to this article: US school pupils could do with a Chinese TikTok / From Christopher Lavender, Hong Kong...
...Liang said Gao had worked with ByteDance since 2016, helping with several of its acquisitions and financings. “She is familiar with our mission, culture, teams and business,” he wrote....
...Steve Ballmer, former Microsoft chief executive, acquired the Los Angeles Clippers for $2bn in 2014, and Qualtrics co-founder Ryan Smith acquired the Utah Jazz last year in a deal worth $1.66bn....
...As Ryan McMorrow reports, the US Securities and Exchange Commission is now investigating the botched IPO....
...“The other extreme is staying with the status quo, which is not feasible because the business cannot sustain a prolonged period of time with no new customer acquisitions and no new product functions or releases...
...“If there is an oversupply of Spacs compared to [acquisition] targets, it is not a good sign and will be a major concern for the regulators,” said Ryan Wu, lead client services partner at Deloitte China....
...His renewed enthusiasm, coupled with Berkshire Hathaway’s massive cash pile, is fuelling speculation that the oil group could be his largest acquisition yet, Bloomberg writes....
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