Xerox Holdings Corp is considering making a cash-and-stock offer for personal computer maker HP Inc at a premium to its market value of $27 billion, the Wall Street Journal reported on Tuesday. Xerox’s board...
New resolution professional of Videocon seeks EoIs for 13 companies under IBC
The newly-appointed resolution professional (RP) for the Videocon group has sought expressions of interest (EoI) for 13 group companies undergoing resolution using the Insolvency and Bankruptcy Code (IBC), according to...
CBIC goes to NCLT, claims Rs 4.6 crore CGST dues from Videocon
The Central Board of Indirect Taxes and Customs approached the National Company Law Tribunal (NCLT) on Tuesday, to register a claim of Rs 4.6 crore as central GST dues from the Videocon group. The board is an...
Sony rejects Loeb’s proposal for chip business spin-off
Sony Corp said on Tuesday it was rejecting a call by Daniel Loeb’s activist hedge fund Third Point LLC to spin-off its chips business, saying that the business is “a crucial growth driver” for the Japanese company...
Sony to buy ‘Spider-Man’ developer Insomniac Games
PlayStation console maker Sony Interactive Entertainment said on Monday it would buy privately held Insomniac Games Inc, known for developing games such as Marvel’s “Spider-Man” and third-person shooter “Ratchet &...
Broadcom in advanced talks to buy Symantec’s enterprise business: sources
Chipmaker Broadcom Inc is in advanced talks to buy Symantec Corp’s enterprise business, according to people familiar with the matter. It’s possible that a deal is reached by the time Symantec announces earnings on...
Apple pays $1 billion for Intel unit in push for chip independence
Apple Inc took a major step toward supplying its own smartphone chips by purchasing the majority of Intel Corp’s modem business in a deal valued at $1 billion, the companies said on Thursday. Under the deal, about 2,200...
Apple in advanced talks to buy Intel’s smartphone-modem chip business: WSJ
Apple Inc (AAPL.O) is in advanced talks to buy chipmaker Intel Corp’s (INTC.O) smartphone-modem chip business, the Wall Street Journal reported on Monday, citing people familiar with the matter. Assuming talks...
BoAt raises ₹20 crore in venture debt from Sachin Bansal’s BAC Acquisitions
Consumer electronics startup BoAt lifestyle on Wednesday said it has raised ₹20 crore in venture debt from Sachin Bansal-owned BAC Acquisitions Pvt Ltd. Boat is a lifestyle brand company that manufactures and sells...
Osram backs takeover offer from private equity firms
The managing and supervisory boards of Osram (OSRn.DE) are backing a 3.4 billion euro ($3.8 billion) takeover offer from private equity firms Bain and Carlyle (CG.O), the German lighting group announced on Thursday. The...
Osram to consider $3.8 billion takeover bid from Bain, Carlyle
German lighting group Osram (OSRn.DE) said on Wednesday that its supervisory board would meet soon to review a binding offer from private equity firms Bain and Carlyle (CG.O) to buy the company for 3.4 billion euros ($3...
Applied Materials to buy Kokusai Electric for $2.3 billion: Nikkei
Applied Materials Inc (AMAT.O), the world’s biggest supplier of chipmaking equipment, will buy Japanese semiconductor device maker Kokusai Electric for about 250 billion yen ($2.31 billion), the Nikkei reported on...
