Tag Archives: takeover

MIXI Australia closing in on PointsBet takeover with wholly unconditional offer

Bankruptcy

MIXI Australia closing in on PointsBet takeover with wholly unconditional offer Graeme Hanna MIXI Australia appears to be closing in on its takeover of PointsBet with the offer now confirmed as wholly unconditional.  MIXI currently holds 36.71% of voting rights in the Australian betting company, with the subsidiary of MIXI Inc set to pay AU$ … Continue reading MIXI Australia closing in on PointsBet takeover with wholly unconditional offer →

Deliveroo shares surge following DoorDash’s $3.6 billion proposed takeover

Mergers and Acquisitions

April 28, 2025 Deliveroo shares surge following DoorDash’s $3.6 billion proposed takeover BY Associated Press Shares of Deliveroo, the food delivery service based in London, are hitting three-year highs on Monday after it received a $3.6 billion proposed takeover offer from DoorDash. Deliveroo announced the bid after markets closed in Europe on Friday. On Monday, the … Continue reading Deliveroo shares surge following DoorDash’s $3.6 billion proposed takeover →

Nippon Steel won’t give up on its U.S. Steel takeover deal despite strong pushback

Mergers and Acquisitions

Nippon Steel’s transaction has faced stiff resistance from politicians, including Biden and Trump, and the United Steelworkers, a major labor group. BY Reuters Japan’s Nippon Steel is committed to its $15 billion acquisition of U.S. Steel and is confident of completing it by year-end, a senior executive said, despite strong U.S. opposition including from President-elect Donald … Continue reading Nippon Steel won’t give up on its U.S. Steel takeover deal despite strong pushback →

Jack Dorsey on Elon Musk’s X takeover and why he was right about free speech

Twitter Under Fire

Jack Dorsey on Elon Musk’s X takeover and why he was right about free speech Graeme Hanna Tech Journalist   Jack Dorsey has insisted the course of action taken by Elon Musk on X has been necessary in the pursuit of free speech. In a wide-ranging interview with Pirate Wires, the man who co-founded Twitter … Continue reading Jack Dorsey on Elon Musk’s X takeover and why he was right about free speech →

Intel walks away from its $5.4 billion takeover of Tower Semiconductor

Mergers and Acquisitions

Intel is acquiring Tower Semiconductor for $5.4 billion   Mariella Moon   @mariella_moon Intel could soon announce a nearly $6 billion acquisition that would give its fledgling foundry business a boost, according to The Wall Street Journal. The chip giant is reportedly close to clinching a deal to purchase Israeli chip company Tower Semiconductor, and … Continue reading Intel walks away from its $5.4 billion takeover of Tower Semiconductor →

Crypto exchange Binance abandons rescue of FTX one day after announcing takeover bid

Cryptocurrencies Security

Crypto exchange Binance abandons rescue of FTX one day after announcing takeover bid The company saw its rival’s books and decided to walk away. I. Bonifacic @igorbonifacic   Dado Ruvic / reuters FTX won’t be rescued by its biggest rival. One day after announcing a proposed deal to buy the cryptocurrency exchange, Binance said it … Continue reading Crypto exchange Binance abandons rescue of FTX one day after announcing takeover bid →

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