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Investors, who have wiped out 90% of THG’s market value since September 2020, react to the latest developmentTHG has ended talks about a possible takeover bid by Apollo saying the private equity company’s offer is an inadequate valuation of the online …
Jamie Dimon’s remarks follow $10.6bn takeover brokered by US regulators to buy most of failed First Republic Jamie Dimon, the boss of JP Morgan, has played down the risk of a spiralling banking crisis after America’s biggest bank stepped in to buy most…
Cisco announces its intent to acquire Smartlook Inc, s.r.o., a privately held company headquartered in Brno, Czech Republic. It represents a big step forward in delivering even more value for Cisco AppDynamics and the Full-Stack Observability Digital Experience Monitoring (DEM) solution, with new application and user experience insights, analytics, and troubleshooting capabilities.
Weak sterling makes FTSE 250 firms ‘ripe for takeovers’ with John Wood Group and Network International also approachedBusiness live: THG receives buyout proposal from US private equityThe share price of the online retail tech company THG has surged aft…
Tokyo-listed Toridoll partners with Capdesia to acquire pizza and Greek casual dining business Fulham ShoreThe owner of Franco Manca and The Real Greek restaurant chains has agreed to sell the business to the Japanese operator of Wok to Walk and Maruga…
Inquiry to focus on whether emergency state-backed UBS takeover breached criminal lawSwitzerland’s federal prosecutor has launched an investigation into whether last month’s state-backed takeover of the stricken bank Credit Suisse by its bigger rival U…
Cisco Emerging Technologies & Incubation (ET&I) intends to bolster its cloud-native portfolio with Lightspin focused on end-to-end security and observability.
Sergio Ermotti, who stepped down in 2020, will rejoin Swiss bank as it prepares to absorb troubled rivalThe Swiss bank UBS has announced the surprise return of Sergio Ermotti to oversee the takeover of its rival Credit Suisse, amid global concerns over…
Swiss government forces through takeover at well below market value amid fears of global banking crisisMillions paid in bonuses to UK SVB staff days after £1 rescueBank runs, bailouts, rescues: are the ghosts of 2008 rising again?The Swiss government h…
CMA gives UnitedHealth and EMIS five working days to tackle concerns over £1.2bn dealThe competition watchdog has warned that a proposed merger between two healthcare technology specialists would lead to higher costs and “worse outcomes for the NHS and…