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Business

Affinity Fund May Sell Burger King Business in Korea & Japan

Private equity firm Affinity Partners this week launched an offer to sell its Burger King business in South Korea &…

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Microsoft Buys Activision for $68.7 Billion

Microsoft today announced the acquisition of video game giant Activision Blizzard in an all-cash deal worth $68.7B, sending Activision shares…

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Ford Signs Five-Year Payments Contract With Stripe

Online payment processing company Stripe has signed Ford as one of its customers in a five-year deal aimed at advancing…

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GSK Rejects Unilever’s Takeover of Its consumer Business

GSK said it had rejected a £50B bid for its consumer products division, noting that the bidding firm Unilever had…

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Citi Sells Southeast Asia Retail Business To UOB

Citigroup Sold its consumer businesses in 4 Southeast Asian markets to UOB for $3.7B, bringing it closer to phasing out…

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Take-Two Officially Acquires Gaming Company Zynga

Take Two Interactive has said it will buy mobile game company Zynga for $12.7 billion in a cash-and-share deal, marking…

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The Dispute Between Amazon and Future Badly Continued

Amazon filed a legal challenge in its long-running dispute with Future after the national antitrust agency canceled a 2019 deal…

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The New York Times Buys Athletic for Sports News

The popular New York Times News Network has made a deal to acquire sports news subscription site called The Athletic…

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SocGen’s Car Rental Business ALD Buys LeasePlan

Societe Generale's car rental division ALD has agreed to buy Dutch rival LeasePlan for $5.5B to inflate the company as…

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General Motors Signs Deals With Walmart and FedEx

BrightDrop, General Motors' business unit in commercial electric vehicles, said it had signed a new deal to supply electric vehicles…

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