Tag: Antitrust deal
Republicans Question FTC’s Efforts To Halt Illumina’s Grail Deal
Two Republican lawmakers on Thursday questioned the Federal Trade Commission's (FTC) efforts to unwind life science company Illumina's US$7.1 billion acquisition of Grail, alleging the...
Elizabeth Warren Asks DOJ To Probe Google-Facebook Ad Deal
Four members of Congress have asked the Justice Department to launch a criminal investigation into whether an advertising agreement between Facebook and Alphabet violated...
AB InBev Sues Constellation Over Modelo Beer Deal
The Mexican arm of Anheuser-Busch InBev has accused Constellation Brands in a lawsuit of a second breach of their deal allowing Constellation to sell...
Tencent Ends All Exclusive Music Deals After China Crackdown
Tencent announced that it had notified all parties involved in such agreements of a move, according to a statement published on its official WeChat...
Prosus Reaches $4.7B Deal For India’s BillDesk
Dutch technology investment firm Prosus is closing a US$4.7 billion deal to acquire Indian payment firm BillDesk, which Prosus will combine with its FinTech PayU, also in India.
The...
Fintech Firm Ideanomics In Deal To Buy VIA Motors For $630M
Financial technology company Ideanomics announced on Monday, August 30, that it will acquire VIA Motors International in an all-stock deal that would value the...
Tesla Has Some Concerns Over Nvidia Deal
Tesla CEO Elon Musk has signaled competition concerns over Nvidia Corp’s planned purchase of British chip designer Arm, the Telegraph reported on Saturday, August...
Nvidia Will Look To Get EU Approval For $54B Arm Deal
Nvidia is likely to seek EU antitrust approval for its US$54 billion takeover of British chip designer Arm early next month, with regulators expected...
EU Extends Deadline On Facebook’s Kustomer Deal To Next Year
EU antitrust regulators will decide on January 7 whether to clear Facebook's purchase of US customer service startup Kustomer, a European Commission filing showed on...
Vox Acquires Cocktail-Focused Media Brand “Punch”
Vox Media announced on Monday, August 23, that it is buying Punch, a cocktail website founded by Bertelsmann SE’s Penguin Random House, part of...