Magnachip Semiconductor Corp said on Friday that it has received a takeover bid from Cornucopia Investment Partners, topping a rival offer, which values the South Korea-based display and power chip maker at $1.66 billion.
French billionaire Vincent Bollore's family-owned group has pledged to media giant Vivendi that it will not request an exemption to file a tender offer on Vivendi's shares if it crosses the 30% threshold in capital ownership or voting rights, Vivendi said.
Intel Corp is debating a possible offer to buy SiFive Inc, a person familiar with the matter told Reuters, a company closely associated with open-source technology that is challenging the rise of Intel's rival, Arm Ltd.
U.S. investment fund Artisan Partners on Thursday joined another minority shareholder in French media group Vivendi in opposing its spin-off of Universal Music Group (UMG), decrying the transaction as unfavourable to some investors.
Altice Europe NV is sounding out prospective bidders including Spain's MasMovil for its business in Portugal as it seeks to exit the country after stripping off most of the unit's infrastructure operations, three sources told Reuters.
Altice Europe NV is sounding out prospective bidders including Spain's MasMovil for its Portuguese business as it seeks to exit the country after selling most of its infrastructure operations there, two sources told Reuters.
Four blank-check companies, backed by venture investor Chamath Palihapitiya, said on Wednesday that they will give retail investors an opportunity to buy shares in their initial public offerings via Social Finance Inc's (SoFi) online brokerage platform.
French retailer Auchan plans to spend more than 20 billion roubles ($277 million) on developing digital services in Russia by 2024 to boost online sales, the company's country head said.
Southeast Asia's Grab, which is going public through a merger worth $40 billion with special-purpose acquisition company Altimeter Growth Corp , said on Wednesday it expects to complete the business combination during the fourth quarter.
Nvidia Corp has submitted an application to Chinese competition regulators to review a $40 billion takeover of UK chip designer Arm, the Financial Times reported on Tuesday, citing people familiar with the matter.
WASHINGTON (Reuters) -The top two Democrats in the U.S. Congress on Sunday vowed to probe the "rogue" actions of the Justice Department during former President Donald Trump's term, including its move to seize the communications records of Democratic lawmakers.