Trian Fund Management has taken a stake in Comcast in a bet that the cable giant’s shares are undervalued. Comcast is one of the biggest companies ever targeted by an activist.
The Japanese conglomerate led by billionaire Masayoshi Son placed billions in options bets on fast-rising tech stocks.
Deal talks for TikTok’s U.S. operations have been complicated by the key question of whether the app’s core algorithms can be included as part of a deal, according to people familiar with the matter.
German health group Siemens Healthineers said on Sunday it would acquire Varian Medical Systems Inc in a deal that values the U.S. maker of devices and software for cancer treatments at $16.4 billion.
Energy giant BP has agreed to sell its petrochemicals business to British chemicals company Ineos in a $5 billion deal that will help reshape its business for the global transition to lower-carbon energy.
Macau gambling king Stanley Ho, who built a business empire from scratch in the former Portuguese colony and became one of Asia's richest men, died peacefully at the age of 98, his family confirmed on Tuesday.
The possibility that Uber Technologies Inc , which runs Uber Eats, could acquire Grubhub Inc is reigniting some restaurants' worries over the commissions charged to eateries by the third-party delivery companies.
L Brands and Sycamore Partners have agreed to scrap their plans to take Victoria’s Secret private, dropping a pact that was reached just weeks before coronavirus forced the lingerie retailer to shut its stores.
President Donald Trump on Thursday said he supports the U.S. government taking an equity stake in companies that get coronavirus aid, but opposes use of that...