JPMorgan profit dips on one-time Apple card deal charge
JPMorgan Chase's profit fell in the fourth quarter as it took a one-time charge tied to its agreement with Goldman Sachs to take over a credit card partnership with Apple.…
Allegiant to Acquire Sun Country in $1.5 Billion Deal
Low-cost airline Allegiant will acquire Sun Country Airlines in a deal valued at about $1.5 billion, including debt, the companies said on Sunday. As part of the agreement, Sun Country…
Merck in talks to acquire Revolution Medicines in $28–32 billion deal
Merck is in talks to buy cancer drug developer Revolution Medicines in a $28 billion to $32 billion deal, the Financial Times reported on Thursday, citing a person familiar with…
China reviews Meta’s $2B AI startup Manus deal over tech control concerns
Chinese officials are reviewing Meta's $2 billion acquisition of artificial intelligence startup Manus for possible technology control violations, the Financial Times reported on Tuesday, citing two people familiar with the…
BlueScope Investors Push for Higher Buyout Offer to Back A$13.2bn Deal
Sydney: BlueScope Steel investors said they are hoping a A$13.2 billion ($8.92 billion) buyout bid for the company from SGH and U.S.-based Steel Dynamics will be raised to win their…
Bain Capital buying South Korean activewear firm Echo Marketing in $344 million deal
Seoul: Bain Capital is buying a 43.66% stake in South Korea's Echo Marketing, which owns local activewear brand Andar, from its founder and another shareholder for 216.6 billion won ($150.14…
Nvidia in advanced talks to acquire Israel’s AI21 Labs in a $3 billion deal
Nvidia is in advanced talks to buy Israel-based AI startup AI21 Labs for as much as $3 billion, the Calcalist financial daily reported on Tuesday. Nvidia declined to comment, while…
Frontera Energy Signs $120M Two-Year Crude Supply Deal With Chevron Unit
Frontera Energy's Colombian unit has signed a prepayment and commercial agreement worth up to $120 million with a unit of U.S. oil major Chevron to supply crude oil over two…
Verisk scraps $2.35bn AccuLynx deal after regulatory delay
Data analytics firm Verisk said on Monday it had pulled the plug on its planned $2.35 billion acquisition of roofing software maker AccuLynx, pinning the termination on a regulatory review…
China urges TikTok deal that complies with laws and balances all sides
The Chinese government would like to see companies reach solutions that comply with Chinese laws and regulations and balance the interests of all parties, a commerce ministry spokesperson said on…