Affle announced that Affle MEA FZ LLC has entered into a definitive asset purchase agreement with DT (NASDAQ: APPS), formerly Digital Turbine, to acquire select strategic AdColony assets including the AdColony SDK for...
International News
Fox to acquire Roku in $22 billion deal to boost streaming ambitions
Fox Corp is buying Roku in a cash-and-stock deal valued at about $22 billion, marking a significant bet for the broadcaster that the streaming platform will strengthen its advertising business and expand online reach...
American Express to buy Tripadvisor’s restaurant booking unit in $700 million deal
American Express will buy restaurant booking platform TheFork from Tripadvisor in an all-cash deal worth $700 million, the companies said on Monday, sending shares of the online travel platform up 7% in morning trading...
Canada’s Nuvei to buy Payoneer for $2.75 billion in cross-border payments push
Nuvei will buy cross-border payments firm Payoneer for about $2.75 billion in cash, the companies said on Monday, as the Canadian fintech aims to expand its global business. Nuvei will buy all shares of Payoneer for...
Intesa reassured Rome over Generali in talks on Monte Paschi bid, sources say
Intesa Sanpaolo has committed to consulting with Italy’s government over future decisions affecting insurer Generali, sources said on Monday, as part of assurances the bank offered Rome regarding its plan to...
Qualcomm in talks to buy Tenstorrent, The Information reports
Qualcomm is in talks to acquire AI chip startup Tenstorrent for $8 billion to $10 billion, The Information reported on Monday citing a person with knowledge of the deal. Shares of Qualcomm fell about 1% in extended...
US billionaire owners of Crystal Palace explore sale, FT reports
The U.S. billionaire owners of Crystal Palace are exploring a sale of the English Premier League club, the Financial Times reported on Monday, citing people with direct knowledge of the matter. The club had appointed...
Australia’s Atlas Arteria rejects IFM Global’s sweetened $5.23 billion offer
Australia’s Atlas Arteria on Monday again urged its shareholders to reject IFM Global Infrastructure Fund’s improved takeover offer, saying the revised A$7.40 billion ($5.23 billion) bid still undervalues the...
Australia’s Woodside Energy says it is unaware of any proposal involving Exxon Mobil
Australia’s Woodside Energy said on Monday it was not aware of any proposal involving U.S. major Exxon Mobil and was not engaged in discussions regarding a potential transaction, responding to recent media...
Australia’s Accent Group jumps on $276 million takeover bid from Britain’s Frasers Group
Shares of Accent Group soared as much as 9.2% on Monday after the retailer said it received a A$390.8 million ($276.1 million) takeover offer from Britain’s Frasers Group. Accent said in a statement...
Warburg Pincus to acquire Japan’s J.S.B. in over $1 billion deal, source says
U.S. private equity firm Warburg Pincus is set to launch a tender offer to acquire Japanese student housing provider J.S.B. for over $1 billion, a person with knowledge of the matter said on Friday. The Nikkei first...
Warner music acquires Sureel AI: How AI music attribution is transforming the industry
Warner Music Group’s decision to acquire Sureel AI is a strong signal of where the music industry is quietly heading in the age of generative AI. Instead of simply reacting to AI tools after they disrupt the system...
