LG Energy Solution unit to sell US$2.86 billion US factory assets to Honda
This excludes land and equipment, and is meant to ‘improve joint venture operational efficiency’ South Korea’s LG Energy Solution (LGES) ...
Tag: Billion
BP to sell 65% stake in Castrol to Stonepeak for US$6 billion
The sale proceeds, which include US$800 million for accelerated dividend payments, will be used to reduce debt BP said on ...
Sanofi to buy Dynavax for US$2.2 billion to add shingles vaccine
Sanofi agreed to buy Dynavax Technologies for about US$2.2 billion to expand its vaccines business with a shot for hepatitis ...
ServiceNow agrees to buy cyber startup Armis for US$7.75 billion
The deal aims to deliver a strategic cybersecurity shield for real-time, end-to-end protection for all technology estates ServiceNow has reached ...
India’s RBI to inject 2 trillion rupees via fresh bond buys, US$10 billion in FX swap
This is to offset the cash drain from its US dollar sales in the currency market to support a weakening ...
Telefonica to cut 5,500 jobs with total cost of 2.5 billion euros
The Spanish carrier has signed an agreement with unions to implement the exit plans Telefonica will book a cost of ...
Larry Ellison offers US$40.4 billion guarantee to beef up Paramount’s Warner Bros bid
Oracle co-founder Larry Ellison has stepped in to personally guarantee US$40.4 billion in Paramount Skydance’s latest effort to pry Warner ...
Record US$350 billion deals boom fuels upbeat M&A outlook in Japan
Corporate governance reforms aimed at improving shareholder returns are helping to transform the country into a hive of activityIT HAS ...
SoftBank races to fulfil US$22.5 billion funding commitment to OpenAI by year-end: sources
SoftBank Group is racing to close a US$22.5 billion funding commitment to OpenAI by year-end through an array of cash-raising ...
Elon Musk becomes first person worth US$700 billion following pay package ruling
TESLA CEO Elon Musk’s net worth surged to US$749 billion late Friday (Dec 19) after the Delaware Supreme Court reinstated ...
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