Shares of the company, CATL, surged in their first day of trading. Onshore U.S. investors were blocked from buying its stock as a “decoupling” of finance continued.
Category: Mergers, Acquisitions and Divestitures
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23andMe to Be Bought by Regeneron Pharmaceuticals, a Biotech Company, for $256 Million
Regeneron Pharmaceuticals said it would acquire 23andMe, which filed for bankruptcy in March and would continue to offer consumer DNA testing services.
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SPAC Deals Are Back, This Time With a Trump Bump
President Trump’s associates and crypto entrepreneurs are rushing back to the market for the once-hot, but mostly troubled, investment vehicles called special purpose acquisition companies.
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Cable Giants Charter and Cox to Merge in $34.5 Billion Deal
The combination, which must pass muster with antitrust authorities, would create one of the biggest TV and internet providers in the United States.
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DoorDash Plans to Buy Deliveroo and SevenRooms
The multibillion-dollar acquisitions would give DoorDash an expanded global presence.
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Milestone Films Will Be Given Away to Maya Cade of the Black Film Archive
The distributor’s owners, Amy Heller and Dennis Doros, made the unusual choice to give it away. Their successor is Maya Cade of the Black Film Archive.
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DoorDash Agrees to Buy Deliveroo in $3.9 Billion Deal
The acquisition would give DoorDash a presence in the Middle East and expand its footprint in Europe.
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How Warren Buffett Changed the Way Investors Thought of Investing
The idea of “value investing” had long existed. But no one did it as successfully or for as long as he did.
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Thrive Capital Creating Vehicle for Serial M&A
The investor is raising money to start and build companies infused with artificial intelligence, then use them to buy more.
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Arthur Fleischer Jr., Veteran Corporate Takeover Lawyer, Dies at 92
He was a top deal maker in the world of mergers and acquisitions, during the 1980s takeover boom and beyond. He also had a keen interest in art.
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The Dispatch Buys SCOTUSblog, a Supreme Court Mainstay
The Dispatch, a right-of-center political news and commentary start-up, plans to keep the legal news website available at no cost. Terms of the deal were not disclosed.
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Boeing Reports Smaller Loss but Trade War Threats Loom
The plane maker, which has been trying to recover from a quality crisis, could lose orders in China as a result of President Trump’s tariffs.