The Chicago Stock Exchange (CHX) said on Thursday it would be bought by NYSE-operator Intercontinental Exchange Inc (ICE.N) for an undisclosed amount, a month-and-a-half after U.S. regulators blocked the sale of CHX to China-based investors.
1 min read · 05 April 2018
Blackstone (BX.N) will make a full takeover bid for Hispania (HIS.MC) via investment vehicle Alzette Investment, in a deal valuing the Spanish hotel group at around 1.9 billion euros ($2.3 billion), Alzette said on Thursday.
1 min read · 05 April 2018
U.S. resorts owner MGM Growth Properties LLC (MGP.N) said on Thursday it would buy Hard Rock Rocksino Northfield Park, a gaming facility in Northfield, Ohio, for about $1.06 billion from Milstein Entertainment LLC.
1 min read · 05 April 2018
Graphite electrode maker GrafTech International Ltd said on Wednesday it could raise up to $907 million (C$1.16 billion) in what could be the largest initial public offering in the steel sector in a decade, Reuters reported.
1 min read · 04 April 2018
U.S. mall owners Namdar Realty Group and Washington Prime Group Inc (WPG.N) are in talks to acquire U.S. department store operator Bon-Ton Stores Inc (BONTQ.PK) out of bankruptcy, sources told Reuters.
2 min read · 04 April 2018
Meituan Dianping, China’s largest provider of on-demand online services, is buying bike-sharing firm Mobike for $2.7 billion, in a deal that will intensify the rivalry of their common backer Tencent Holdings with Alibaba Group, Reuters reported.
2 min read · 04 April 2018
Amazon.com Inc may make a rival offer to buy Indian e-commerce firm Flipkart, which is in tie-up talks with Walmart Inc, local media reported, as the two U.S. retail giants jostle for dominance in India’s booming online industry.
2 min read · 04 April 2018
Streaming music leader Spotify appears to be bracing for a potentially rough stock market ride on its first day of trading on Tuesday, following Monday’s steep sell-off of technology stocks on Wall Street.
2 min read · 03 April 2018
Toshiba Corp (6502.T) will not use the option of cancelling the $18 billion sale of its memory chip unit unless there is any “major material change” in circumstances, the Japanese conglomerate’s new chief executive said on Tuesday, Reuters reported.
2 min read · 03 April 2018
strong>Spotify Technology SA’s (SPOT.N) unusual route to becoming a public company is a test case for other multibillion-dollar tech companies that are looking to sell their shares but are not in need of cash, Reuters reported.
3 min read · 03 April 2018