Qatari Investors Poised To Make Substantial Bid For Manchester United In Coming Days
Manchester United plc (NYSE: MANU) is reportedly set to receive a mega-money takeover offer from Qatari investors, who would hand Erik ten Hag a massive transfer war chest if they complete a deal to buy the club. According to the Daily Mail, a group of private, high-wealth individuals in Qatar wants to buy United as they view […]
Barrick Gold Unlikely To Offer Rival Bid For Australia-Based Newcrest Mining Deal
Barrick Gold Corp (NYSE: GOLD) has denied a counterbid for Newcrest Mining (OTC: NCMGY) (OTC: NCMGF), eliminating what had seemed to be the most likely prospect of a rival to bidder Newmont Corporation (NYSE: NEM). Newmont, on Monday, bid $16.9 billion for Newcrest, whose operations include top-class asset Cadia in … Full story available on Benzinga.com Read More
Apollo Weighs Buying Stake In Credit Suisse’s Investment Banking Unit
Apollo Global Management (NYSE: APO) is reportedly looking to buy a stake in Credit Suisse Group Inc’s (NYSE: CS) revamped investment bank. Credit Suisse said last year that it would split off its investment bank into an independent capital market & advisory bank called CS First Boston. The troubled bank said it would raise outside capital to launch the […]
CVS Health Continues M&A Spree, As It Is Close To $10B Bet For Oak Street Health
CVS Health Corp (NYSE: CVS) is reportedly close to an agreement to buy primary care center operator Oak Street Health Inc (NYSE: OSH) for about $10.5 billion, including debt. If goes through, the deal could be announced as soon as this week. The Wall Street Journal report added that the companies are discussing a price of about $39 a share. […]
Ford Might Not Get To Sell Its German Plant To Warren Buffett-Backed Chinese EV Maker After All
Ford Motor Co’s (NYSE: F) German plant is reportedly unlikely to be sold to Warren Buffett-backed Chinese EV-maker BYD Co. (OTC: BYDDF). What Happened: Ford was in talks with nearly 15 potential investors, including BYD, for the plant located in Sarrlouis, Germany, reported Bloomberg, citing people familiar with the matter. “We aren’t focusing on certain […]
Danaher Shows Interest In Acquiring Catalent Valued At Significant Premium: Report
Danaher Corporation (NYSE: DHR) has reportedly expressed interest in acquiring the contract manufacturer Catalent Inc (NYSE: CTLT). According to the sources, the recent moves by the life science firm valued Catalent at a significant premium. It’s unclear how Catalent will proceed or whether it’s receptive to a takeover offer, Bloomberg reported citing people familiar with the matter. Related: Danaher Says … […]
Apple’s Next Move: An iPhone That’s More High-End Than Pro Max?
Apple Inc. (NASDAQ:AAPL) is apparently planning to add a new higher-end iPhone model to the top of its smartphone lineup and could introduce it alongside its 2024 release. What Happened: Apple plans to use the term “the Ultra” to add a new model that will top both Pro and Pro Max levels. The new iPhone […]
Apple Making Its Biggest Watch Even Bigger? Watch Out Next Year
Apple Inc. (NASDAQ:AAPL) is set to make its biggest Apple Watch even bigger and could reportedly launch it as soon as next year. What Happened: The Cupertino-based tech giant is making its Apple Watch Ultra much bigger. The device could see a 10% increase in display size, a new report from supply chain source DigiTimes […]
What’s Going On With Lucid Group Stock?
Lucid Group Inc (NASDAQ: LCID) shares remain volatile Monday morning amid unconfirmed rumors that the company could be acquired by the Saudi Public Investment Fund. What Happened: Lucid shares soared more than 40% on Friday following rumors the Saudi Public Investment Fund was planning a buyout of the electric vehicle maker. The Saudi PIF already owns more than 65% of […]
Why EV Stocks Lucid Group, Rivian Automotive, Tesla Are Rallying Friday
Lucid Group Inc (NASDAQ: LCID) shares were ripping Friday and halted on a circuit breaker to the upside in early afternoon trading following rumors circulated by traders the Saudi Public Investment Fund is planning to buy out the remainder of the electric vehicle company. Benzinga has contacted the Public Investment Fund for comment on this story. […]