SAP snatches sentiment tracker Qualtrics from verge of IPO for $8 billion
German business software company SAP has agreed to buy Qualtrics International for $8 billion in cash, pre-empting a planned stock market listing by the U.S.-based company which specializes in tracking online sentiment.
‘King dollar’ benefits from European risks, growth fears
The dollar surged to nearly 17-month highs on Monday against a basket of major currencies as investors sought out the liquid and high-yielding currency against a backdrop of global growth worry and rising political risk in Italy and Britain.
China’s Ruyi, pretender to LVMH’s throne, plots more ‘affordable luxury’ deals
China’s acquisitive apparel firm Shandong Ruyi is targeting more global deals involving “affordable luxury” brands, under a push to establish the first high-end Chinese fashion empire to eventually challenge behemoth LVMH .
Japan’s SoftBank steps closer to transformation with mammoth mobile IPO
SoftBank Group Corp has won approval to conduct a 2.4 trillion yen ($21.04 billion) initial public offering (IPO) of its domestic telecoms business, in a deal that will seal the group’s transformation into a top global technology investor.
Takeda sets vote date, aims to close $62 billion Shire deal Jan. 8
Japan’s Takeda Pharmaceutical will hold an investor vote on its $62 billion acquisition of Shire next month and aims to close the deal on Jan. 8, signaling its confidence in securing the required support.
Sterling tumbles on Brexit turmoil; dollar, oil jump
Sterling fell on Monday, helping to boost the dollar to a 16-month high, amid mounting doubts over whether Prime Minister Theresa May can come up with a Brexit deal that would win the backing of the European Union and her own party.
Japan’s SoftBank steps closer to transformation with $21 billion mobile IPO
SoftBank Group Corp’s domestic telecoms unit on Monday received approval to list on the Tokyo Stock Exchange through one of the biggest-ever initial public offerings (IPO) at 2.4 trillion yen ($21.04 billion), a regulatory filing showed.
In race to fill LNG supply gap, project goalposts have changed
The race is on for liquefied natural gas (LNG) producers to build export terminals as demand soars, but the criteria for financing such mega-projects have shifted as traditional relationships with LNG consumers have begun to disintegrate.
Disappointing third-quarter earnings another blow to battered European market
European companies are delivering their most disappointing earnings in nearly three years as a sluggish economy and rising costs take their toll on bottom lines, dealing another blow to investor confidence shaken by Italy’s budget crisis and Brexit.
SoftBank’s mobile unit launches $21 billion IPO: filing
SoftBank Group Corp’s domestic telecoms unit on Monday received approval to list on the Tokyo Stock Exchange in an initial public offering (IPO) worth 2.4 trillion yen ($21.04 billion), a regulatory filing showed, one of the biggest IPOs ever.
