Tag: Antitrust deal
EU Opens New Probe Into Illumina’s Closure Of Grail Deal
The European Union’s executive arm said it was opening a probe into Illumina’s decision to complete its US$7.1 billion purchase of Grail despite a continuing antitrust...
Adobe In $1.27B Deal To Buy Frame.io
Adobe announced on Thursday, August 19, it would buy Frame.io, a cloud-based video collaboration platform, in a US$1.27 billion deal.
Frame.io streamlines the video production process...
Nvidia Says Its Arm Buy Will Take Longer Than Expected
Nvidia, the US semiconductor maker, admitted Wednesday, August 18, that talks with regulators on its US$40 billion planned acquisition of UK rival Arm Holdings...
Hyatt To Buy Apple Leisure Group For $27B
Hyatt Hotels plans to buy resort company Apple Leisure Group from its private-equity owners for $2.7 billion.
The deal for the company, which is owned...
UK Regulator Says Facebook’s Giphy Deal Raises Competition Concerns
The UK's competition regulator announced Thursday, August 12, that Facebook's acquisition of popular GIF website Giphy presents competition concerns.
The Competition and Markets Authority (CMA)...
Boeing To Win 737 MAX Deal With New Indian Airline
Boeing is in advanced discussions with a newly created Indian budget carrier to sell 737 MAX jets, according to people familiar with the matter,...
India Court Affirms Amazon Victory Against Future Group-Reliance Deal
India's Supreme Court on Friday, August 6, affirmed an emergency arbitrator's decision, sought by Amazon, preventing the planned sale of the Future retail chain...
Telecom Lumen To Sell US Assets To Help 7.5B Deal
Lumen Technologies announced on Tuesday, August 3, it would sell some of its telecom assets to Apollo Global Management in a deal valued at...
Sanofi Announces $3.2B Translate Bio Vaccine Deal
Sanofi has agreed to buy US biotech company Translate Bio in a US$3.2 billion deal, as it bets on next-generation mRNA vaccine technology beyond...
EU Says Facebook’s Kustomer Deal May Hurt Competition
Facebook's acquisition of US customer service startup Kustomer may hurt competition and boost its market power in online advertising, European Union antitrust regulators warned on Monday,...
