Industry Keyword: M&A
Gaming Platforms
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 billion, according to a regulatory filing.
Berkshire said...
Gaming Platforms
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 expansion on multiple fronts, including electric...
App Stores
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 such as "FarmVille" under its umbrella as...
App Stores
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.
The office of Senator Amy Klobuchar, a Democrat who chairs the Senate Judiciary...
Online Marketplaces
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 shares up as much as 11%.
Allegro announced...
FinTech Platforms
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...
FinTech Platforms
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 point.
Square's purchase of Australian...
FinTech Platforms
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 start-up's US rival Plaid.
Founded in...
App Stores
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 considered six antitrust bills, many...
Application Platforms
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.
The bill, which is co-sponsored by Democrat...
Computing Platforms
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's strategic...
App Stores
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 of chip designer Arm.
Deal making has...