Deal Dispatch: White House Mute On TikTok, BBVA’s $18 Billion Takeover Offer Rejected
New On The Block Siemens Healthineers is chatting with major private equity firms about a potential sale of its diagnostics business. According to Bloomberg, Blackstone, CVC, KKR, and Montagu are interested. The segment is valued at over €6 billion ($7 billion). The company’s imaging and cancer-care-focused Varian units are not included. Siemens AG (OTC:SIEGY) remains […]
Opendoor’s Meme Stock Mania Gets Comedic Twist
Opendoor Technologies, Inc. (NASDAQ:OPEN) shares climbed Monday as retail investors continued a massive rally and social media buzz suggested a famous comedian is buying into Opendoor. OPEN stock is climbing. See the real-time price action here. “You Can Do It!” On Sunday evening, leader of the “OPEN Army” Eric Jackson hinted that a celebrity will […]
HR Software Firm Dayforce In Talks To Go Private
Private equity firm Thoma Bravo is reportedly in talks to acquire Dayforce Inc. (NASDAQ:DAY). Dayforce, formerly Ceridian, which offers human resources software and services. The company has a market value of approximately $8.4 billion, according to data from Benzinga Pro. Sources said that the buyout firm is preparing to take the Minneapolis-based company private, with […]
Gold Mine Visible From Space Set For An IPO
Navoi Mining & Metallurgical Company (NMMC), Uzbekistan’s state-owned mining giant, is preparing for an initial public offering that would make it the world’s fourth-largest publicly listed gold miner. Uzbekistan, a landlocked Central Asian nation bordering Kazakhstan, Turkmenistan, and Afghanistan, has been rapidly modernizing its mining sector under President Shavkat Mirziyoyev‘s economic reforms. NMMC has taken […]
Gold Revaluation: Nuclear Option America Might Pull Again
The U.S. is sitting on an enormous pile of gold, and pretending it’s worth $11 billion. As America’s debt explodes and credibility cracks, a century-old trick might be back on the table: reprice the gold, fix the balance sheet, and pray the world buys it. Why Would The US Revalue Its Gold? The U.S. gold […]
Astronomer CEO Andy Byron Placed On Leave After Viral Coldplay Concert Video
Astronomer CEO Andy Byron has been placed on leave following a controversial video that surfaced during a Coldplay concert. The video, which seemed to show Byron embracing the company’s HR head, has sparked an online frenzy. What Happened: According to the Business Insider report, Byron, the CEO of the tech company, has been put on […]
Joby Aviation Stock Goes Vertical As Secret, Massive Drone Achieves 9-Hour Flight
Joby Aviation, Inc. (NYSE:JOBY) shares have gained nearly 30% over the past month and a new report from Hunterbrook Media released Friday suggests the company can really “go the distance.” What To Know: Hunterbrook Media claims that Joby has quietly started testing a new, long-range hydrogen-powered unmanned aerial vehicle (UAV) called the JAI 30. Benzinga […]
AstraZeneca In $15B Talks For Drug That Could Upend Lung Cancer Treatment
In a high-stakes maneuver that could reshape the oncology landscape, AstraZeneca Plc (NASDAQ:AZN) is reportedly in talks with Summit Therapeutics Inc. (NASDAQ:SMMT) about a partnership worth up to $15 billion. What Does This Mean? The deal would give AstraZeneca the rights to a lung cancer drug called ivonescimab. Bloomberg reported that the discussions are private, […]
UnitedHealth Eyes Retreat From Latin America After $8.3 Billion Loss
UnitedHealth Group Inc (NYSE:UNH) is reportedly weighing multiple offers for its Latin American business as it scrambles to recover from a string of corporate stumbles, including a leadership shakeup and a reported federal investigation. The potential sale, involving its Banmedica unit, comes as the company seeks to restore shareholder confidence and streamline operations under new […]
Anglo Nears De Beers Sale As Three Potential Buyers Emerge
Anglo American (OTCQX:AAUKD) is nearing the start of a formal sales process for its diamond unit, De Beers. The firm has owned the brand since 2011, but a comprehensive restructuring following a failed $49 billion bid from BHP last year has led the firm to focus on other commodities. According to Bloomberg, three interested bidders […]