Mergers and acquisitions

Online grocery firm Instacart seeks up to $9.3 billion valuation in IPO

Instacart on Monday submitted an updated filing for its upcoming initial public offering, saying it is looking to raise up to…

Ripple buys crypto infrastructure startup in its second acquisition of 2023

Cryptocurrency company Ripple announced on Friday it will acquire Fortress Trust, a startup specializing in crypto infrastructure, giving it a…

Southeast Asia’s IPO market is an investor favorite amid global headwinds, Deloitte says

Southeast Asia’s initial public offering market is showing promising signs despite a global IPO slowdown in the first half of…

FTC Chair Lina Khan refused to sit out agency’s case against Meta despite ethics concerns, report says

WASHINGTON — Federal Trade Commission Chair Lina Khan refused to recuse herself from the agency’s case against Meta Platforms against…

LIV Golf and PGA Tour merger: here’s everything you need to know

CNN  —  It came out of nowhere. Tuesday’s announcement that golf’s bitter rivals would join forces took everyone by surprise…

TripAdvisor rival GetYourGuide nears $2 billion valuation as it raises fresh funds to invest in A.I.

German online travel startup GetYourGuide raised $194 million from investors, hoping to capitalize on a bump in demand for travel…

UBS announces Credit Suisse CEO Koerner to join board after emergency rescue

UBS on Tuesday announced that Credit Suisse CEO Ulrich Koerner will join the executive board of the new joint entity…

‘A very problematic market’: As Arm shuns London, tech investors question UK as an IPO destination

The U.K. may be a great place to build a tech company — but when it comes to taking the…

‘Other problems might be lurking’: Strategist is unconvinced by Jamie Dimon’s bank crisis comments

JPMorgan Chase CEO Jamie Dimon’s assertion that recent turmoil in the banking sector was effectively ended by the resolution of…

Britain blocks Microsoft’s $69 billion acquisition of Activision Blizzard

LONDON — Britain’s top competition regulator on Wednesday moved to block Microsoft‘s acquisition of video game publisher Activision Blizzard. The…