M&A
Buffett’s Berkshire bought Activision shares before Microsoft takeover
Warren Buffett’s Berkshire Hathaway Inc acquired nearly $1 billion of shares in Activision Blizzard Inc before Microsoft Corp agreed to buy the video game maker for $68.7 bil...
Analysis: Sony faces deep-pocketed rivals in war over future of gaming
Sony Group, perched atop the gaming sector, is facing a fresh challenge from cash-rich rivals betting on a next-generation online video game boom as the Japanese conglomerate eyes ...
Take-Two to buy Zynga for $11 billion in largest gaming deal
“Grand Theft Auto” video game maker Take-Two Interactive has said it would buy Zynga for $11.04 billion in a cash-and-stock deal that will add popular mobile titles suc...
US Senate bill would limit big tech mergers
Two US senators have introduced bipartisan legislation that seeks to make it harder for Amazon.com and other tech giants to make acquisitions.
Poland’s Allegro buys Czech online retailer Mall for $1 billion
Polish e-commerce group Allegro has agreed to buy Czech online retailer Mall Group for 881 million euros (approximately $1.02 billion) to create a regional platform, sending its sh...
Jack Ma, Trump and Xi: How Chinese billionaire flew close to the sun
This was supposed to be Jack Ma’s finest hour: a year ago to the day, his Ant Group was meant to go public in a $37 billion blaze of glory. Instead Beijing reined in his empi...
The $29 billion deal in 11 weeks: how Square bought Afterpay
Jack Dorsey introduced the world to expressing itself in just 140 characters as the creator of Twitter Inc, and his payments company, Square Inc, also likes getting straight to the...
Visa to buy Swedish FinTech Tink for $2.2 billion
Visa Inc said it had agreed a 1.8 billion euro (approximately $2.2 billion) takeover of European open banking platform Tink, months after it ditched a planned acquisition of the st...
US House panel approves higher merger fees and bigger enforcement budgets
The US House of Representatives Judiciary Committee voted to approve a bill to increase the budgets of antitrust enforcers and increase fees on the biggest mergers as the panel con...
US Senate passes bill to raise fees on biggest mergers
The US Senate has passed a bill that would increase fees that companies planning the biggest mergers pay to government antitrust agencies and give those agencies bigger budgets.
KKR invests $500 million in cloud storage firm Box
Box Inc has said private equity giant KKR & Co Inc would lead a $500 million investment in the company and get a board seat, marking an end to the cloud services provider’...
M&A: Tech leads crisis-driven boom with $350 billion deal rush
Global M&A volumes are exceeding $2 trillion for 2020, with technology making up almost a fifth of the total after mammoth deals such as SoftBank’s $40 billion purchase o...
Facebook buys GIF website Giphy to integrate with Instagram
Facebook is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app, Facebook...
EBay to sell ticketing unit StubHub for $4.05 billion
Reuters – EBay Inc will sell its ticketing unit, StubHub, in an all-cash $4.05 billion deal to ticket reseller Viagogo Ltd, the companies said on Monday, nearly a year after ...