Amazon has teamed up with Fay to provide personalized, insurance-covered dietitian services through the e-commerce giant’s digital health platform, the nutrition care startup said on Tuesday. WHY IT’S...
International
California Resources to buy Berry Corp in $717 million deal amid regulatory shift
California Resources said on Monday it would buy rival Berry Corp, hoping to create a bigger, more cost-efficient oil and gas producer in the most populous U.S. state as it eases its stringent environmental regulations...
What hurdles lie ahead for any US-China TikTok deal?
Questions and potential hurdles surround a framework agreement announced on Monday between the U.S. and China that would switch short-video app TikTok to U.S.-controlled ownership, including whether any deal will comply...
Company Deals Are About Simplification Now
Some senior dealmakers would say that there are almost no new ideas in M&A. The same combinations get explored, discussed and inked before they’re broken up again. That’s the cycle of deals. The bulk-up then breakup...
IonQ to buy Oxford Ionics for $1.08 billion to expand quantum computing research
IonQ will acquire its British peer Oxford Ionics for $1.08 billion, the companies said on Monday, helping the U.S.-based quantum computing firm deepen its research expertise in the complex technology that is seeing...
Warner Bros Discovery splits streaming from cable TV in latest media shakeup
Warner Bros Discovery said it would split into two publicly traded companies, separating its studios and streaming business from its fading cable television networks as the parent of HBO and CNN looks to compete better...
Qualcomm bypasses logic gate with $2 bln UK deal
Artificial intelligence is so fast-moving and potentially all-encompassing that it makes sense for technology giants to pay up just to stay relevant. Look at all the money Microsoft and Amazon.com have poured into large...
L’Oreal to buy majority stake in British skincare brand Medik8
L’Oreal (OREP.PA) has agreed to acquire a majority stake in British skincare brand Medik8, boosting the French cosmetics giant’s position in the fast-growing dermatological skincare market. Neither...
British Columbia Investment buys stake in KKR’s Pinnacle Towers
Global investment firm KKR said on Monday that British Columbia Investment Management Corp (BCI) will acquire a minority stake in Pinnacle Towers, an Asia-based digital infrastructure platform with a focus on the...
GFL Is Said to Consider Sale of Stake in C$5 Billion Infra Arm
GFL Environmental Inc. is considering the sale of a stake in its infrastructure arm, people with knowledge of the matter said, in what could be one of Canada’s largest infrastructure deals this year. The company is...
Spectris open to $5 billion takeover bid from Advent, shares soar
British scientific instruments maker Spectris (SXS.L) said it would accept a 3.73 billion pound ($5.06 billion) bid from Advent if the U.S. private equity firm proceeds with a formal offer, sending its shares surging by...
Nasdaq-bound Hotel101 eyes expansion into Latin America, Oceania, CEO says
Hotel101 Global, a unit of Philippine-listed real estate company DoubleDragon (DD.PS), is looking to expand into Latin America and Oceania in addition to growing its presence in existing regions including Asia, its CEO...