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President Joe Biden halted the $14.1 billion acquisition of U.S. Steel by Japan’s Nippon Steel. The White House cited national security concerns as the reason for this decision. Nippon Steel expressed disappointment and announced plans to pursue legal action. Donald Trump has expressed strong opposition to the acquisition of U.S. Steel by Nippon Steel as […]
These are the stories making headlines in fashion. Saks Global (which controls Saks Fifth Avenue and Saks Off Fifth) finalized its $2.7 billion acquisition of Neiman Marcus Group. “We have created an unparalleled multi-brand luxury portfolio with tremendous growth potential,” Saks Executive … Continue reading Source link
After a torrid pace in 2023, during which time Nikon launched a pair of cameras and nine all-new lenses, the company slowed a bit this year, releasing just two new cameras and three lenses. Nonetheless, it was a strong year for the Japanese company and one that helped Nikon continue to claw back market share […]
Prosus and Naspers CEO Fabricio Bloisi Prosus is acquiring online travel agency Despegar.com for US$1.7-billion (R32-billion) as the Dutch technology investor seeks to expand its online commerce presence in Latin America. Despegar’s board approved the offer of $19.50/share, a 33% premium to the closing price on 20 December, Prosus said in a statement on Monday. […]
TOKYO, Dec 21 (News On Japan) – Taiwanese electronics giant Foxconn is reportedly in talks with Renault, the French automotive major and a key shareholder of Nissan, to acquire a stake in the Japanese automaker. Taiwanese media reported the negotiations, highlighting a potential shakeup in Nissan’s stakeholder structure. The head of Foxconn’s electric vehicle (EV) […]
In a landmark move to broaden its global footprint and strengthen its market leadership, Ctrack has successfully acquired Inseego’s international telematics business. Initially announced in September 2024, this acquisition enhances Ctrack’s presence in critical markets, including the United Kingdom, Belgium, France, Germany, the Netherlands, Australia, and New Zealand. Pioneering a new frontier in telematics With […]
Tuesday, November 19, 2024 saw reports come out alleging that Sony is in talks to acquire Kadokawa, a move which would certainly shake up the anime industry. Multiple sources who claim to be familiar with the matter claim that talks are ongoing, with a deal potentially signed in the coming weeks. As of this article’s […]
#284: Pillar I: Acquisition January 4th, 2024 · 29 minutes In the first of a three-part series, we look at the first pillar of a successful app: customer acquisition, including paid advertising, word-of-mouth marketing, and editorial promotion. This episode of Under the Radar is sponsored by: Sentry: Mobile crash reporting and app monitoring. Get 6 […]
The downfall of BlackBerry as a smartphone company continues. After its bid for survival on the back of third parties working with brand license is not paying off, the Canadian company is going ahead with the sale of its legacy patents to Catapult IP Innovations Inc. for $600 million. The collection of legacy patents relates […]