President Donald Trump signed an executive order on Thursday declaring that his plan to sell Chinese-owned TikTok’s U.S. operations to U.S. and global investors will address the national security requirements in a...
Videogame maker EA in advanced talks to go private at roughly $50 billion valuation
Electronic Arts, the videogame publisher behind titles such as “FC” and “Battlefield”, is in advanced talks to go private at a valuation of roughly $50 billion, according to sources familiar with...
Reliance trims stake in Balaji Telefilms
Reliance Industries’ stake in Ekta Kapoor-led Balaji Telefilms dropped to 21.07% in FY25 from 24.82% a year earlier, according to the production company’s annual report. Nonetheless, Reliance Industries...
Canal + in exclusive talks to buy minority stake in cinema chain UGC
French pay-TV company Canal + said on Tuesday that it was in exclusive negotiations to buy a 34% stake in UGC, one of the largest cinema chains in France, for an undisclosed amount. Following the acquisition, Canal +...
Australia casino operator Star revives 50% asset sale to HK investors
Troubled Australian casino company Star Entertainment said on Tuesday it had revived a sidelined deal with its Hong Kong-based partners to sell a half stake of its A$3.6 billion ($2.35 billion) Brisbane resort, sending...
GTPL completes acquisition of bal 49% stake in GTPL Vision
GTPL Hathway has completed the acquisition of balance 49% of equity stake i.e. 1,00,000 equity shares of Rs. 10/- each from the existing shareholders of GTPL Vision Services (GTPL Vision), a subsidiary of the Company...
Flutter to buy Boyd Gaming’s 5% FanDuel stake in $1.76 billion deal
Flutter Entertainment will buy Boyd Gaming’s 5% stake in FanDuel in a deal worth about $1.76 billion, giving it complete ownership of the online betting operator, the companies said on Thursday. The deal gives...
Intralot to buy Bally’s International Interactive unit in deal valued at 2.7 billion euros
Greek gaming firm Intralot said on Tuesday it would acquire Bally’s International Interactive business in a cash-and-stock deal, valuing the unit at 2.7 billion euros ($3.18 billion). The deal will expand...
Star Entertainment’s Queen’s Wharf stake exit deal collapses
Australia’s Star Entertainment said it had received a notice from Hong Kong’s Far East Consortium International and Chow Tai Fook Enterprises to terminate the deal to sell its 50% stake in its Queen’s...
EU antitrust regulators to rule on Universal, Downtown Music deal by July 22
EU antitrust regulators will decide by July 22 whether to clear Universal Music Group’s $775 million acquisition of Downtown Music, according to a European Commission filing on Tuesday. Virgin Music Group, the...
Warner Bros Discovery bondholders approve plan to split the company
Warner Bros Discovery bondholders overwhelmingly approved a plan to split the corporation and put in place a new capital structure related to the deal, the company said on Monday. Bondholders voted to remove...
NCLAT declines to stay CCI order against UFO Moviez, Qube Cinema
The appellate tribunal NCLAT has refused to stay a CCI order, which imposed penalties on UFO Moviez India and Qube Cinema Technologies for indulging in anti-competitive practices. A three-member bench said the...
