China creates USD 230 billion brokerage powerhouse, eyes sector consolidation
The combined entity, with 1.6 trillion yuan in total assets, will overtake Citic Securities as China's largest brokerage...
Tag : Mergers
M&A During Banking Crisis
Companies across sectors should aim for a minimum of two to four small or medium-sized acquisitions per year...
Why Twitter is suing Elon Musk
Musk said he was terminating the deal because Twitter violated the agreement by failing to respond to requests for information regarding fake or spam accounts on the platforms....
Musk threatens to scrap deal as Twitter fails to deliver data
Twitter must prove the userbase has less than 5% fake accounts....
Elon Musk could seek price cut for $44 bn Twitter deal
Musk, on May 13 had put a $44 billion offer to buy Twitter on hold as details about the spam accounts were still pending....
‘Free speech, democracy’ not profits explain Musk’s Twitter acquisition
Apart from championing the cause of FREE SPEECH, Mr. Musk also plans to eliminate all the spambots while relying more on subscriptions than on advertising....
Hong Kong-based virtual lender WeLab acquires Indonesia’s Bank Jasa Jakarta
WeLab recently raised $240 mn for the acquisition...
African startup Adumo acquires fintech SwitchPay
Adumo’s investment in SwitchPay will go towards expanding its business offerings...
Saudi Arabia’s NCB and Riyadh Bank end merger talks
The two Saudi banks failed to agree on a valuation...