Ed Hammond
Stories by Ed Hammond
Japan’s SoftBank scraps agreement to spend $3b to buy WeWork stock
SoftBank confirmed it would end the offer, citing five conditions that were not satisfied by the closing date.
SoftBank likely to abandon $3b deal with WeWork investors
SoftBank had agreed to buy shares from former CEO Neumann, VC firms and employees, but told stockholders in mid-March that deal conditions hadn’t be
Temasek-backed AR startup Magic Leap mulls strategic options including sale
Magic Leap could fetch more than $10 billion if it pursues a sale.
SoftBank’s Vision Fund 2 invests $100m in compliance firm Behavox
The deal is among the first for the second incarnation of SoftBank’s $100 billion Vision Fund.
China’s Harbin Pharma mulls taking over US-based vitamin retailer
Any transaction would mark a rare U.S. acquisition by a Chinese company as ongoing trade tensions slow cross-border dealmaking.
SoftBank may invest $1b in Colombian delivery app Rappi
The deal is likely to be led by the newly formed Innovation Fund, which targets tech investments in Latin America.
Xerox ends $6.1b Fujifilm deal in triumph for activist investor Icahn
The settlement marks the end of a tumultuous fight between Xerox and Icahn over a transaction that would cede control of the once-iconic American inno
Nissan, Renault in talks to merge, create new automaker
Getting a deal done could prove very difficult. The French government owns 15 per cent of Renault and may be reluctant to relinquish control.
Bermuda-based chipmaker Marvell to buy rival Cavium for $6b in cash
Marvell is trying to remake itself after a corporate scandal which led to the ouster of its founders.
Broadcom plans $100b Qualcomm bid to build chip behemoth
If successful, the deal would be the largest technology takeover.
