Lufthansa closes in on stake in Italy's ITA Airways
German airline giant Lufthansa submitted a fresh offer Wednesday for Italy's troubled ITA Airways, bringing a turbulent takeover process closer to the finish line.
Jan 18, 2023
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Business
News tagged with stake
Automotive
Nissan, Renault near 'historic' rebalancing of alliance: source
Nissan and Renault are nearing a "historic" rebalancing of their auto alliance, with a deal likely to be announced in the coming weeks, a source close to the talks said Tuesday.
Jan 17, 2023
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5
Business
Microsoft taking 4% stake in London Stock Exchange
Microsoft is taking a roughly 4% stake in the operator of the London Stock Exchange, which has agreed to spend at least $2.8 billion in cloud-computing services from the technology giant.
Dec 12, 2022
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4
Business
Crypto exchange Binance to buy rival FTX in apparent bailout
The cryptocurrency exchange Binance said it plans to buy its rival FTX Trading, in the latest example of how fortunes can change rapidly in the crypto world.
Nov 8, 2022
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Automotive
Defying turmoil, Porsche to go 'full throttle' with blockbuster IPO
Luxury sports carmaker Porsche will debut on the Frankfurt stock exchange Thursday in one of Europe's biggest listings in years, hoping its brand power can attract investors despite market turbulence.
Sep 29, 2022
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9
Automotive
Porsche shares rise in one of Europe's largest market debuts
Shares in luxury carmaker Porsche AG rose on their first day of public trading after German parent company Volkswagen raised 9.4 billion euros ($9.1 billion) for one of the largest initial public offerings in European history.
Sep 29, 2022
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4
Business
Foxconn strikes $19.4 bn deal to make chips in India
Taiwanese electronics giant Foxconn will invest $19.4 billion to make semiconductors in India with local conglomerate Vedanta, backed by New Delhi's push to boost tech self-reliance after a global chip shortage.
Sep 14, 2022
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Tencent buys stake in Japanese gaming firm behind Elden Ring
Chinese gaming giant Tencent has bought a minority stake in Japanese game developer FromSoftware, maker of the smash-hit fantasy title Elden Ring, the Tokyo-based firm said Wednesday.
Aug 31, 2022
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29
Business
Musk puts Twitter buy 'on hold,' casting doubt on $44B deal
Tesla billionaire Elon Musk has put his plan to buy Twitter on what he called a temporary "hold," raising fresh doubts about whether he'll proceed with the $44 billion acquisition.
May 13, 2022
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3
Business
CEO of FTX crypto exchange buys big stake in Robinhood
The CEO of cryptocurrency exchange FTX has bought a 7.6% stake in Robinhood Markets, according to a filing with U.S. regulators on Thursday.
May 12, 2022
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