Superdry shares soar more than 100% as company considers going private
LONDON — Superdry shares soared more than 100% on Friday, as the embattled British fashion retailer confirmed that co-founder and…
Deutsche Bank CEO says acquisitions not a ‘priority’ as Commerzbank rumors swirl
Deutsche Bank CEO Christian Sewing on Thursday said that merger and acquisition activity is not a priority for his group,…
SoftBank-backed metaverse firm Improbable sells a key gaming venture for $97 million
Metaverse company Improbable has sold one of its key gaming ventures to London-listed video game developer Keywords Studios for £76.5…
Macy’s shares surge 21% after it receives $5.8 billion buyout offer
Arkhouse Management and Brigade Capital Management have offered to buy Macy’s for $5.8 billion, people familiar with the matter told…
Vietnamese companies eye the U.S. IPO market amid a lull in Chinese listings
BEIJING — A new group of Asia-based companies are contemplating initial public offerings in the U.S., where international listings were…
Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report
LONDON — Manchester United will next week announce that British petrochemicals billionaire Jim Ratcliffe will take a 25% stake in…
Trump’s social media company has lost over $31 million since its launch, faces potential shutdown
[Editor’s Note: This article and headline have been corrected to state that Trump Media and Technology Group, the parent company…
Trump’s social media company has lost over $31 million since its launch, faces potential shutdown
[Editor’s Note: This article and headline have been corrected to state that Trump Media and Technology Group, the parent company…
Alphabet-backed GoCardless considers takeovers as CEO expects a barrage of consolidation
GoCardless, the British fintech company backed by Alphabet’s venture capital fund GV, is considering more mergers and acquisitions as it…
After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard
Publicly listed gaming companies are sitting on a $45 billion pile of cash and cash equivalents — and that could…
