Cevian Buys 1.3% of UBS
Cevian has taken a stake in UBS worth $1.3 billion, saying it sees significant value potential in the bank after its takeover of Credit Suisse.
Why UBS Wants to Be the No. 6 Investment Bank in the U.S. (Yes, No. 6)
Swiss financial giant UBS is making a new push in the U.S. investment-banking market-with more measured ambitions.
Google to Pay $700 Million in Play Store Settlement
The agreement with a coalition of states resolves antitrust litigation related to the app store.
SQM, Gina Rinehart’s Hancock Agree to Buy Azure for $1.1 Billion
Chilean lithium company Sociedad Quimica y Minera de Chile and Australia’s richest person have struck a deal to buy explorer Azure Minerals valued at roughly $1.14 billion.
End of Adobe’s Takeover Bid for Figma Spells New Challenges for Venture Deals, Startups
A tough regulatory environment designed to protect innovation may have the opposite effect
Nippon Steel to Acquire U.S. Steel for $14.1 Billion
The deal would combine steel giants in America and Japan. Shares of U.S. Steel surged on the announcement.
Ebix Files for U.S. Bankruptcy With $400 Million Bid for North American Business
Higher interest rates and fallout from auditing questions contribute to chapter 11 filing of the software and e-commerce services supplier.
Bezos’ Blue Origin Resets Plan to Return to Space
The company had hoped to conduct its first mission in more than a year Monday, but pushed off the flight after running into a technical issue at its launch site.
Adobe Scraps $20 Billion Acquisition of Figma
Adobe has called off its planned $20 billion acquisition of the collaboration-software company Figma, weeks after a U.K. regulator warned that the deal would likely harm innovation.
Vans, North Face Parent VF Warns Cyberattack May Snarl Holiday Deliveries
Apparel and footwear maker VF said Monday a ransomware attack on its computer systems could materially affect its ability to fulfill customer orders, less than one week from Christmas Day.
Source: Dow Jones Newswires