Vibhuti Sharma
Stories by Vibhuti Sharma
Saudi sovereign wealth fund PIF slashes exposure to Tesla
Public Investment Fund (PIF), with help from JPMorgan Chase, hedged most of its 4.9 percent stake in Tesla after the market closed on January 17.
IBM to sell some of its software products to HCL for $1.8b
The software products in scope represent a total addressable market of more than $50 billion, IBM said .
Tencent-backed Epic Games raises $1.25b from KKR, others
Epic Games is valued at almost $15 billion as part of the new investment round.
Uber’s top dealmaker Cameron Poetzscher resigns
Poetzscher oversaw several deals at Uber including its merger with the ride-hailing unit of Russia's Yandex and the sale of its Southeast Asian busi
Musk’s Tesla buyout plan – No formal offer, no firm deals with advisers
Three members of Tesla's board will now weigh whether it is advisable - or even feasible - to pursue what could be the biggest-ever go-private deal, a
China revokes approval for Facebook’s upcoming venture
A Chinese government database showed that Facebook had gained approval to open a subsidiary, but the registration has since disappeared.
Timberland owner VF Corp to buy Dickies workwear maker for $820m
The deal is expected to close early in the fourth quarter.
