Paul Sandle
Stories by Paul Sandle
UK to block Microsoft’s $69b Activision deal over cloud gaming concerns
The company announced its Activision bid in January 2022 to boost its firepower in the video gaming market.
AstraZeneca contacted Gilead over potential megamerger
If combined, the two companies would have a market capitalisation of about $232 billion.
Imagination Tech’s Chinese owner plans to re-list chip designer
Canyon Bridge, the China-backed owner of Imagination Technologies, plans to re-list the UK-based chip designer in London, New York or Hong Kong.
Chinese-backed owners commit to British HQ for chip designer Imagination Tech
British lawmakers recently became concerned that Imagination Technologies could end up being moved out of the United Kingdom.
Fosun poised to acquire world’s oldest travel firm as Thomas Cook agrees to rescue terms
Agreed main terms give Fosun Tourism control of holiday business
Takeaway to buy UK rival Just Eat to create largest food delivery firm outside China
The new group, Just Eat Takeaway.com, will be a market leader in Britain, Germany, the Netherlands and Canada.
Britain’s Dyson to make electric car in Singapore
Dyson had said the vehicle would be made close to suppliers and its potential biggest markets, namely in Asia.
Japan’s Takeda to buy drugmaker Shire in landmark $62b deal
The final deal is approximately 46 percent cash and 54 percent stock, leaving Shire shareholders owning around half of the combined group.
GSK withdraws from $20b Pfizer consumer health assets’ race
GSK was seen as the front runner to buy the assets after main rival Reckitt Benckiser quit the race on Thursday.
Marks & Spencer sells Hong Kong business to partner Al-Futtaim
The move follows a strategic review by M&S in November 2016, in which the company laid out plans to shut more than 80 stores at home and abroad as wel