Luxury cosmetics brand Estée Lauder has reportedly announced that it will be acquiring designer fashion brand Tom Ford for $2.8 billion; the deal has become its biggest acquisition to date.
Category - Business News
In a sudden reversal, cryptocurrency exchange giant Binance has said that it would not be acquiring rival platform FTX.com, a day after the news of the acquisition was announced.
French pharma giant Sanofi has reportedly signed a strategic research collaboration with Insilico Medicine, a Hong Kong-based biotechnology company, in a deal worth $1.2 billion, to use artificial intelligence to accel
Malaysian plantation major, Kuala Lumpur Kepong Bhd (KLK), is reportedly eyeing a bigger stake in the UK-based chemicals firm, Synthomer Plc, in a bid to expand its specialty chemicals business, cite sources privy to t
Finish telecom and tech major, Nokia, has reportedly signed a Memorandum of Understanding (MoU) with Nedaa, the Dubai government's security network provider, to upgrade the latter’s network across Radio Acces
American billionaire Elon Musk has reportedly confirmed the completion of his $44 billion takeover deal of Twitter, finally putting an end to the months-long feud. According to sour
Tech giant, Microsoft reportedly saw its shares tumble by 7% during extended trading this week after reporting weak quarterly guidance and lower-than-expected cloud revenue in the first fiscal quarter.
Fosun International, the Club Med chain of resorts owner, is nearing a deal to sell its shares in Nanjing Iron & Steel for a transaction worth USD 2.1 billion. This would enable heavily indebted group raise cash to
UK’s competition regulator, Competition and Markets Authority, has reportedly stated that it plans to accept proposals from Wm Morrisons Supermarkets, UK’s fourth largest UK supermarket chain, that would qu
Dutch investment group, Prosus, which owns the payment gateway PayU, has reportedly called off the $4.7 billion takeover of Indian payments aggregator, BillDesk, terminating what would have been the largest M&A dea