Mergers and acquisitions

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…

VC firms create $60 billion-plus climate tech alliance with backing from the UN

A group of venture capital firms including Tiger Global and Union Square Ventures on Tuesday set up an alliance aimed…

Investing app Acorns acquires kid-focused fintech GoHenry to expand in Europe

LONDON — American micro-investing platform Acorns acquired GoHenry, a digital banking startup focused on educating kids about money, for an…

‘Call of duty’: With Sergio Ermotti, Switzerland gets a cost-cutting local to restore its reputation

Incoming UBS CEO Sergio Ermotti on Wednesday said his return to the helm was “a call of duty,” as the…

Tom Brady buys partial stake in WNBA’s Las Vegas Aces

CNN  —  Seven-time Super Bowl champion Tom Brady has acquired an ownership stake in the WNBA’s Las Vegas Aces, team…

UBS shares reverse losses, Credit Suisse craters 55% after takeover deal

UBS shares staged a remarkable rally Monday afternoon, reversing steep losses after the bank’s 3 billion Swiss franc ($3.2 billion)…