Takeover

Currys stock rose 33% in opening trading, with the U.K. electronics retailer at the center of a possible takeover battle between China’s JD.com and Elliott Advisors. Currys stock rose 33% in opening trading, with the U.K. electronics retailer at the center of a possible takeover battle between China’s JD.com and Elliott Advisors. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to…

The Supreme Court on Friday affirmed the judgment of the Court of Appeal Lagos nullifying the takeover of the landed property of Suru Worldwide Ventures Nigeria Limited by the Asset Management Corporation of Nigeria (AMCON). A member of the Supreme Court panel, Emmanuel Agim in, in his lead judgement, dismissed the appeal brought to it by AMCON and affirmed the lower court’s decision to halt the company’s takeover and ordered a new hearing at the High Court. “I find no merit in this appeal. The judgement of the…

Altium agreed to a $5.91 billion takeover by Japanese chip maker Renesas Electronics, putting the design-software provider on track to become the latest Australian tech company to enter foreign ownership. Altium agreed to a $5.91 billion takeover by Japanese chip maker Renesas Electronics, putting the design-software provider on track to become the latest Australian tech company to enter foreign ownership. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an…

In a followup to a , a federal judge has ordered Elon Musk to comply with the U.S. Securities and Exchange Commission's (SEC) subpoena and testify again in its probe of his Twitter takeover, reports. Per the order, which was filed Saturday night in a California court, Musk and the SEC now have a week to work out a time and place for his appearance or it will be decided for them. The of Twitter, now X, since 2022 over concerns about his lateness in disclosing his stake in Twitter.The order comes after Musk failed to…

JetBlue Airways warned that it could terminate its attempted takeover of Spirit Airlines next week after a federal judge’s ruling blocked their planned merger. JetBlue Airways warned that it could terminate its attempted takeover of Spirit Airlines next week after a federal judge’s ruling blocked their planned merger. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary…

Online gaming company Kindred Group confirmed on Sunday it has received a cash takeover bid from French group La Francaise des Jeux.The offer will be announced on Monday before the market opens, Kindred said in a statement, noting that FDJ would acquire its entire outstanding share capital.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitIIM LucknowIIML Executive Programme in FinTech, Banking & Applied…

A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022.Joe Cavaretta | Sun Sentinel | Getty ImagesSpirit Airlines is on shaky footing after JetBlue Airways' proposed $3.8 billion takeover of the budget carrier was blocked by a federal judge this week.Industry-watchers say the carrier could be forced to cut its already low fares even more. Some Wall Street analysts argue the discount carrier could have to restructure, if not…

China’s leader EV maker, BYD, has held “active” discussions with lithium producer Sigma Lithium as it looks to expand its battery business. After topping Tesla in EV sales in the final three months of 2023, BYD is not slowing down. The Chinese EV maker is now eyeing expanding its EV battery business. BYD’s Brazil head, Alexandre Baldry, said discussions were held over a possible supply agreement, joint venture, or acquisition of Sigma Lithium, according to the Financial Times. Sigma began…

Fidelity has marked down the value of its shares in X Holdings Corp., the parent company of the platform formerly known as Twitter, by 71.5 percent since Elon Musk purchased the company in October 2022. The investment firm cut its valuation of X by about 10.7 percent in November alone, from an estimated $6.3 million at the end of October to just under $5.6 million by the end of the following month, according to a recent filing. The social media company faced several scandals at the end of the year. Musk…

Photo: Chesnot (Getty Images)Over 90,000 users on X experienced an outage on Thursday morning, marking the platform’s most severe outage since Elon Musk’s takeover in October of 2022, according to Bloomberg. Data from Google Trends shows that many users rushed to Mark Zuckerberg’s Threads during the outage.Mr. Tweet Fumbles Super Bowl TweetX users reported platform outages on Downdetector between the hours of 12 AM and 3 AM EST on Thursday with sporadic reports throughout the night. Roughly 70% of the outages came from…