Bid To Takeover
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Japan's 7-Eleven May Go Private To Avoid $45 Billion Foreign Buyout
The Japanese owner of 7-Eleven is considering going private by buying back its own shares in a bid to avoid a takeover attempt by Canadian rival Alimentation Couche-Tard.
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UK Government Plans Ban On Foreign Government Ownership Of British Media
This ban would effectively block the current takeover bid by RedBird IMI, forcing them to restructure their ownership if they wish to proceed.
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Microsoft's $69 Billion Takeover of Call of Duty Maker Activision Gets US Green Light, UK's CMA Softens Stance
A US judge on Tuesday gave the green light to Microsoft's $69-billion (roughly Rs. 5,65,480 crore) takeover bid for US video game giant Activision Blizzard. US District Judge Jacqueline Scott Corley in San Francisco rejected the Biden administration's contention that the deal would hurt consumers by giving Xbox game console maker Microsoft exclusiv...
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EU Backs Microsoft's $69 Billion Takeover of Call of Duty Maker Activision Blizzard
The EU on Monday gave the green light to Microsoft's $69-billion takeover bid for US video game giant Activision Blizzard, just weeks after the British competition regulator put the deal at risk by blocking it.
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EU Backs Microsoft's $69 Billion Activision Blizzard Takeover
The EU on Monday gave the green light to Microsoft's $69-billion takeover bid for US video game giant Activision Blizzard, just weeks after the British competition regulator blocked the deal, putting it at risk.
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Microsoft's $69 Billion Takeover of Call of Duty Maker Activision Expected to Secure EU Antitrust Approval
Over a year since Microsoft initially announced its $69 billion (roughly Rs. 5,68,094 crore) acquisition of Call of Duty maker Activision Blizzard, it is now expected to secure EU antitrust approval for the deal to go forward, helping it clear a major hurdle.
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Microsoft Sued by Video Gamers Claiming Its Activision Takeover Deal Will Stifle Competition
Microsoft on Tuesday was sued by video gamers in the US seeking to stop the company's takeover of Activision Blizzard for $69 billion (roughly Rs. 5,71,200 crore). The lawsuit claims that the bid to acquire the Call of Duty maker would negatively impact competition, and comes two weeks after the US FTC filed a case with an administrative law judge ...
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Microsoft Activision Deal: US FTC Sues to Block $69 Billion Takeover Deal Over Competition Concerns
Microsoft's $69 billion (roughly Rs. 5,66,800 crore) bid to acquire Activision Blizzard, maker of the popular Call of Duty series, hit a roadblock on Thursday after the US FTC sued to block the takeover deal. Brad Smith, the company's president, tweeted on Thursday that the company would fight the FTC to complete the deal.
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Law Tribunal Reserves Order On Suraksha Group's Bid To Acquire Jaypee Infratech
In June last year, Mumbai-based Suraksha group received the approval of financial creditors and homebuyers to takeover the Jaypee Infratech Ltd (JIL), raising hopes for 20,000 homebuyers of getting possession of their dream flats.
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Microsoft Could Face FTC Antitrust Lawsuit to Block Activision Blizzard Takeover Bid: Report
Microsoft could face an antitrust lawsuit to block its bid to acquire video game publisher Activision Blizzard, according to a report. A lawsuit challenging the deal is reportedly not guaranteed, and the FTC's four commissioners have yet to vote out a complaint or meet with lawyers for the companies. Microsoft is betting on the acquisition to help ...
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Volkswagen Follows Audi, General Motors to Halt Paid Advertising on Twitter
Volkswagen on Friday said it has recommended to its brands to pause paid advertising on Twitter until further notice in the wake of Elon Musk's takeover of the social media platform. "We are closely monitoring the situation and will decide about next steps depending on its evolvement," Europe's top carmaker said in a statement.
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Deadline For Elon Musk Nears, His "Is Twitter Dying" Concern Could Be Valid
"Is Twitter dying?" billionaire Elon Musk mused in April, five days before offering to buy the social media platform.
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Twitter Employees 'Just Along for the Ride' as Elon Musk Reverses Course on Twitter Deal
Twitter employees working on planning for the company for 2023 were interrupted by news on Tuesday that Tesla CEO Elon Musk had approached Twitter to complete the takeover deal for $44 billion (roughly Rs. 3,58,300 crore). Musk has flip-flopped on the deal since April, when he disclosed that he had acquired a stake in the social media platform. He ...
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Elon Musk's Twitter Deposition Rescheduled for October 6-7, 10 Days Ahead of the Trail
Elon Musk's deposition by Twitter lawyers has been rescheduled from this week to October 6-7, just 10 days before a trial over his bid to walk away from the $44 billion (nearly Rs. 3,59,600 crore) takeover, and the delay could play in the social network company's favour. Musk's response to Twitter's motion was filed under seal. His lawyers have sai...
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IndusInd, Oaktree Capital, 2 Other Entities Bid For Reliance Capital: Report
IndusInd Bank, US-based asset management firm Oaktree Capital, Torrent Group and B-Right Group have submitted bids for the takeover of debt-ridden Reliance Capital Ltd (RCL), according to sources.
-
Japan's 7-Eleven May Go Private To Avoid $45 Billion Foreign Buyout
The Japanese owner of 7-Eleven is considering going private by buying back its own shares in a bid to avoid a takeover attempt by Canadian rival Alimentation Couche-Tard.
-
UK Government Plans Ban On Foreign Government Ownership Of British Media
This ban would effectively block the current takeover bid by RedBird IMI, forcing them to restructure their ownership if they wish to proceed.
-
Microsoft's $69 Billion Takeover of Call of Duty Maker Activision Gets US Green Light, UK's CMA Softens Stance
A US judge on Tuesday gave the green light to Microsoft's $69-billion (roughly Rs. 5,65,480 crore) takeover bid for US video game giant Activision Blizzard. US District Judge Jacqueline Scott Corley in San Francisco rejected the Biden administration's contention that the deal would hurt consumers by giving Xbox game console maker Microsoft exclusiv...
-
EU Backs Microsoft's $69 Billion Takeover of Call of Duty Maker Activision Blizzard
The EU on Monday gave the green light to Microsoft's $69-billion takeover bid for US video game giant Activision Blizzard, just weeks after the British competition regulator put the deal at risk by blocking it.
-
EU Backs Microsoft's $69 Billion Activision Blizzard Takeover
The EU on Monday gave the green light to Microsoft's $69-billion takeover bid for US video game giant Activision Blizzard, just weeks after the British competition regulator blocked the deal, putting it at risk.
-
Microsoft's $69 Billion Takeover of Call of Duty Maker Activision Expected to Secure EU Antitrust Approval
Over a year since Microsoft initially announced its $69 billion (roughly Rs. 5,68,094 crore) acquisition of Call of Duty maker Activision Blizzard, it is now expected to secure EU antitrust approval for the deal to go forward, helping it clear a major hurdle.
-
Microsoft Sued by Video Gamers Claiming Its Activision Takeover Deal Will Stifle Competition
Microsoft on Tuesday was sued by video gamers in the US seeking to stop the company's takeover of Activision Blizzard for $69 billion (roughly Rs. 5,71,200 crore). The lawsuit claims that the bid to acquire the Call of Duty maker would negatively impact competition, and comes two weeks after the US FTC filed a case with an administrative law judge ...
-
Microsoft Activision Deal: US FTC Sues to Block $69 Billion Takeover Deal Over Competition Concerns
Microsoft's $69 billion (roughly Rs. 5,66,800 crore) bid to acquire Activision Blizzard, maker of the popular Call of Duty series, hit a roadblock on Thursday after the US FTC sued to block the takeover deal. Brad Smith, the company's president, tweeted on Thursday that the company would fight the FTC to complete the deal.
-
Law Tribunal Reserves Order On Suraksha Group's Bid To Acquire Jaypee Infratech
In June last year, Mumbai-based Suraksha group received the approval of financial creditors and homebuyers to takeover the Jaypee Infratech Ltd (JIL), raising hopes for 20,000 homebuyers of getting possession of their dream flats.
-
Microsoft Could Face FTC Antitrust Lawsuit to Block Activision Blizzard Takeover Bid: Report
Microsoft could face an antitrust lawsuit to block its bid to acquire video game publisher Activision Blizzard, according to a report. A lawsuit challenging the deal is reportedly not guaranteed, and the FTC's four commissioners have yet to vote out a complaint or meet with lawyers for the companies. Microsoft is betting on the acquisition to help ...
-
Volkswagen Follows Audi, General Motors to Halt Paid Advertising on Twitter
Volkswagen on Friday said it has recommended to its brands to pause paid advertising on Twitter until further notice in the wake of Elon Musk's takeover of the social media platform. "We are closely monitoring the situation and will decide about next steps depending on its evolvement," Europe's top carmaker said in a statement.
-
Deadline For Elon Musk Nears, His "Is Twitter Dying" Concern Could Be Valid
"Is Twitter dying?" billionaire Elon Musk mused in April, five days before offering to buy the social media platform.
-
Twitter Employees 'Just Along for the Ride' as Elon Musk Reverses Course on Twitter Deal
Twitter employees working on planning for the company for 2023 were interrupted by news on Tuesday that Tesla CEO Elon Musk had approached Twitter to complete the takeover deal for $44 billion (roughly Rs. 3,58,300 crore). Musk has flip-flopped on the deal since April, when he disclosed that he had acquired a stake in the social media platform. He ...
-
Elon Musk's Twitter Deposition Rescheduled for October 6-7, 10 Days Ahead of the Trail
Elon Musk's deposition by Twitter lawyers has been rescheduled from this week to October 6-7, just 10 days before a trial over his bid to walk away from the $44 billion (nearly Rs. 3,59,600 crore) takeover, and the delay could play in the social network company's favour. Musk's response to Twitter's motion was filed under seal. His lawyers have sai...
-
IndusInd, Oaktree Capital, 2 Other Entities Bid For Reliance Capital: Report
IndusInd Bank, US-based asset management firm Oaktree Capital, Torrent Group and B-Right Group have submitted bids for the takeover of debt-ridden Reliance Capital Ltd (RCL), according to sources.
