Finance
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Tencent agrees to buy video game maker Sumo Group for $1.27B
The tech giant Tencent agrees to buy video game maker Sumo Group for $1.27 billion. The Chinese firm is offering…
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Enovix begins trading after SPAC merger
The start-up battery company Enovix began its trading after SPAC merger with special purpose acquisition company Rodgers Silicon Valley Acquisition…
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Zomato the food service platform, IPO opens $1.2 bn offering
India’s Food service platform Zomato has gone on sale in its $1.2bn (£870m) initial public offering (IPO). The food delivery…
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Visa to acquire Swedish Banking Platform Tink
The financial services corporation Visa has announced that it has signed a agreement to acquire Swedish Banking Platform Tink. Tink…
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Mubadala health acquires a major stake in UEmedical
Abu Dhabi’s Mubadala Health acquires a major stake in UEmedical (United Eastern Medical services) from United Eastern Group (UEG) and…
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Basel committee actions toughest capital rule for crypto assets
The banking supervisory authority, Basel committee has actioned some toughest capital rule for crypto assets. The global regulators proposed that…
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Reckitt Benckiser to sell infant nutrition formula to Primavera Capital for $2.2 billion
The consumer goods company Reckitt Benckiser to sell infant nutrition formula to Primavera Capital for $2.2 billion. Reckitt Benckiser will…
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Snap to buy reality tech company WaveOptics for over $500 million
The American messaging app developer Snap to buy reality tech company WaveOptics for over $500 million. Snap introduced their next…
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Goldman Sachs invests in Ulu Ventures under its Launch with GS Initiative
The American investment bank, Goldman Sachs Invests in Ulu Ventures under its Launch with GS Initiative. Launch with GS is…
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