SourceHOV LLC, Novitex Holdings Inc and Quinpario Acquisition Corp 2 agreed to combine in a deal valued at about $2.8 billion, to scale up their businesses in the financial technology and business services industry.
WELLINGTON A New Zealand court on Wednesday ruled that a 36-hour pause must take place before Sky Network Television can buy Vodafone's New Zealand unit if the competition regulator approves the deal.
NEW YORK Snap Inc, owner of popular messaging app Snapchat, fended off investor skepticism on the second day of its IPO roadshow on Tuesday, betting on the charisma of CEO Evan Spiegel, 26, whom it introduced as a "once in a generation founder."
Tribune Media Co , one of the largest U.S. television station operators, said on Tuesday that activist investor Starboard Value LP had taken a 6.6 percent stake in the company.
Verizon Communications Inc said on Tuesday it would buy Yahoo Inc's core business for $4.48 billion, lowering its original offer by $350 million in the wake of two massive cyber attacks at the internet company.
BEIJING/SHANGHAI Chinese conglomerate Dalian Wanda's proposed $1 billion purchase of Hollywood's Dick Clark Productions Inc is under pressure but is not yet over, sources told Reuters, amid high U.S.-China tensions and tight scrutiny by Beijing on outbound deals.
BEIJING iQiyi.com, the video subsidiary of Chinese internet company Baidu Inc , has raised $1.53 billion in new funds to compete with rivals in the country's hotly contested online entertainment sector.
TOKYO Japan's Toshiba Corp wants to raise at least 1 trillion yen ($8.8 billion) by selling most of its flash memory chip business, seeking to create a buffer for any fresh financial problems, a source with direct knowledge of the matter said.
SHANGHAI/LONDON For years, cash-rich Chinese investors have been highly sought after the world over. Now, their cash is losing its cachet.
TOKYO Toshiba Corp wants to pick the preferred bidder or bidders for a majority stake in its chip unit by the end of May and will hold the first round of bids next month, a source with knowledge of the plan said.
WASHINGTON U.S. President Donald Trump has shown little patience for dissent, but that trait is likely to be tested by his new national security adviser, Army Lieutenant General H.R. McMaster.