Tag: billion
Aviva to Acquire Direct Line in £3.7 Billion Deal
Jennifer -
Aviva (LON: AV) announced on Monday that it has entered into a definitive agreement to acquire Direct Line Insurance Group (LON: DLGD) in a...
Nike Shares Slide as Guidance Flags ‘Severe Issues’; Q2 Results Top Estimates
Jennifer -
Nike's stock has been facing turbulence after the company reported fiscal second-quarter earnings that exceeded analysts' expectations, but provided disappointing guidance for the upcoming...
European Stocks Drop Following Hawkish Fed Signals
Jennifer -
European stocks experienced a sharp decline on Thursday, heading for their largest percentage drop in five weeks, as investors pulled out of riskier assets,...
Micron Shares Fall After Missed Q2 Forecast
Jennifer -
Micron Technology Inc. (NASDAQ: MU) shares took a sharp dive, falling 14% in extended trading on Wednesday after the company issued a second-quarter guidance...
SoftwareOne to Acquire Crayon Group in $1.4 Billion Deal
Jennifer -
SoftwareOne Holding AG (SIX: SWON) has announced an agreement to acquire Crayon Group (OL: CRAYN) for a deal valued at $1.4 billion, marking a...
Alibaba to Sell Intime Department Store Chain for $1.3 Billion Loss Amid Restructuring Efforts
Jennifer -
Alibaba Group announced on Tuesday that it will sell its Chinese department store unit, Intime, at a loss of $1.3 billion as part of...
Brazilian Digital Lender Nubank Invests $150 Million in Tyme Group
Jennifer -
Sao Paulo, Brazil – Nubank, the prominent Brazilian digital bank, has announced a significant investment of $150 million in Tyme Group, a fast-growing digital...
Ferrovial Sells Stake in Heathrow for €2 Billion
Jennifer -
Ferrovial has completed the sale of a substantial portion of its stake in FGP Topco Ltd., the parent company of Heathrow Airport Holdings Ltd.,...
Nippon Life to Acquire Resolution Life in $8.2 Billion Deal to Strengthen U.S. Presence
Jennifer -
Nippon Life Insurance, Japan's largest insurer, has announced plans to acquire the remaining shares it does not already own in Resolution Life Group Holdings...
European Stocks Fall Amid Disappointing Corporate Reports and Inflation Data Wait
Jennifer -
European stocks faced a decline on Wednesday, retreating from multi-week highs as investors reacted to a series of disappointing corporate earnings updates and awaited...
Investors Pour $140bn into US Stock Funds After Trump Election Victory
Jennifer -
Following Donald Trump's election victory on November 5, 2024, US equity funds have witnessed a surge in inflows, with nearly $140 billion invested into...
3 ASX Stocks Estimated to Be Undervalued by Up to 39%
Jennifer -
The Australian Stock Exchange (ASX) continues to offer diverse investment opportunities, even in a fluctuating market where the IT sector shows strength while Energy...