Advertising giant Interpublic Group (NYSE:IPG) is in discussion with India’s Tata Consultancy Services for the sale of its digital marketing agency R/GA to push growth, The Wall Street Journal reported. The negotiations are ongoing, and R/GA could fetch ~$300M; however, the deal may still not follow through as both partiesContinue Reading
Tibrina Hobson/Getty Images Entertainment DoorDash (NASDAQ:DASH) was reportedly in talks to acquire UK-based Deliveroo, but talks ended after the two parties could not agree on a price, according to sources cited by Reuters. Started in 2013 in London, Deliveroo is now in 10 markets worldwide with 160K restaurant and groceryContinue Reading
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ClaudineVM/iStock Editorial via Getty Images Covestro (OTCPK:CVVTF) (OTCPK:COVTY) +6.7% in Frankfurt trading on Monday after saying it has entered “concrete negotiations” with Abu Dhabi National Oil Company on a potential takeover that could value the German chemical company at ~€11.7B ($12.5B). Adnoc said it has told Covestro (OTCPK:CVVTF) (OTCPK:COVTY) itContinue Reading
Nutthaseth Vanchaichana/iStock via Getty Images Apple (NASDAQ:AAPL) and Meta Platforms (NASDAQ:META) have held discussions about an AI partnership, The Wall Street Journal reported Sunday. In an effort to catch up to companies like Microsoft (MSFT) that have stolen a march in the AI race, the companies have talked about integratingContinue Reading
Colleen Michaels/iStock Editorial via Getty Images Confidential discussions are underway between AMC Entertainment Holdings (NYSE:AMC) and some of its lenders to reduce the company’s debt load and extend near-term maturities, Bloomberg News reported Saturday, citing people familiar with the matter. The negotiations are in progress, and a final decision hasn’tContinue Reading
