Artificial intelligence chip designer Wave Computing Inc said on Monday it has emerged from Chapter 11 bankruptcy protection following an auction of the company and will rebrand the firm as MIPS.
South Korea's Coupang Inc, which is backed by SoftBank Group Corp, is targeting a blockbuster stock market debut that would value the e-commerce giant at well over $50 billion and make it the largest U.S. initial public offering this year.
Hong Kong's luxury Rosewood Hotel Group, a unit of property developer New World Development, plans to file for a special purpose acquisition company (SPAC) listing, three people with knowledge of the matter said, adding to the recent rush for such deals.
SVF Investment Corp. 3, a blank-check firm backed by SoftBank Group Corp, cut the size of its initial public offering to $280 million from $350 million, a regulatory filing showed on Monday.
Danone said on Sunday it was taking a first step towards selling off its stake in its Chinese dairy partner as the French food group faces pressure from shareholders to improve its performance and governance.
SoftBank Group Corp said on Friday it has reached a settlement with WeWork's special committee and the company's co-founder and former chief executive, Adam Neumann, putting to rest a legal battle dating back to 2019.
U.S.-based Ares Management plans to buy 60% of the private markets business of AMP Ltd's asset management arm for A$1.35 billion ($1.06 billion), the pair said on Friday, weeks after scrapping a bid for all of the Australian company.
Fanatics Inc, the world's biggest licensed sports merchandise retailer, said on Thursday it was expanding into China via a venture with private equity firm Hillhouse Capital Group, as the e-commerce platform considers a possible public listing.
China's Geely Automobile and its Swedish sister company Volvo Cars will abandon merger plans but launch a new entity to combine their powertrain operations and expand cooperation on electric vehicles, the companies said.
Mexican Coke bottler Coca-Cola Femsa said on Wednesday that it had reached an agreement with Heineken NV over distribution in Brazil, a move that clears a significant legal hurdle for the Dutch brewer's expansion in the South American nation.
During a White House press briefing, U.S. Department of Homeland Security Secretary Alejandro Mayorkas said it was a "moral imperative" to reunite families separated under former President Donald Trump's "zero tolerance" border strategy, and said the Biden administration will consider bringing deported parents back to the United States.
The Biden administration backed Democrats' efforts to overhaul voting rules and turn over the process of drawing congressional districts to independent commissions on Monday, weighing in on a political fight that is likely to dominate Washington in coming years.