Prada struck a $1.375 billion deal to buy smaller rival Versace, including its debt, in a move that unites two of the biggest names in Italian fashion.
Read More Prada buys Versace to create Italian fashion powerhouse
Tag: acquisition
Musk Sells X To Own Company, xAI, In $33B All-Stock Deal
Elon Musk has announced that he sold social media platform X to his xAI artificial intelligence company in a $33 billion all-stock deal.
Read More Musk Sells X To Own Company, xAI, In $33B All-Stock Deal
Musk-Led Investor Group Submits $97.4B Offer To Purchase OpenAI Platform
A group of investors led by tech mogul-turned-DOGE leader Elon Musk have submitted a $97.4 billion offer to purchase OpenAI, the company behind ChatGPT.
Read More Musk-Led Investor Group Submits $97.4B Offer To Purchase OpenAI Platform
Alaska Airlines Closes $1.9B Purchase Of Hawaiian Airlines
Alaska Airlines has closed its $1 billion acquisition of Hawaiian Airlines which will remain as a separate brand.
Read More Alaska Airlines Closes $1.9B Purchase Of Hawaiian Airlines
Google’s contemplated mega deal would prompt new fight with regulators
Nearly a dozen antitrust experts and industry analysts say it is unlikely that an acquisition by Google would hamper competition.
Read More Google’s contemplated mega deal would prompt new fight with regulators
Exclusive: Google parent Alphabet weighs offer for HubSpot, sources say
The potential acquisition would be Alphabet’s largest ever and allow it to put some of its cash pile, which reached $110.9 billion as of the end of December, to work.
Read More Exclusive: Google parent Alphabet weighs offer for HubSpot, sources say