Amsterdam-based Takeaway.com has agreed to buy Just Eat in an 8.2 billion pound (US$10.1 billion) deal to create the world's largest online food delivery firm outside China in a race to rule the US$100 billion market.
MOSCOW: Russia's Deputy Prime Minister Maxim Akimov on Monday called a draft law on limiting foreign ownership in major Russian information technology companies to 20per cent "destructive". "The competitiveness of the Russian economy is largely determined by the competitiveness of our companies," ...
LONDON: The pound fell to levels not seen in over two years on Monday (Jul 29) as a no-deal Brexit seemed ever more likely, while London stocks surged thanks to bubbling takeover activity. "The British pound started weakening sharply today, with the market awaking to the reality of a new...
Mylan NV said on Monday it would combine with Pfizer Inc's off-patent branded and generic established medicines business to form a global generic drugmaker.
LONDON: Britain's Just Eat and Takeaway.com of the Netherlands on Monday (Jul 29) unveiled a plan to join forces to create a heavyweight in the rapidly-growing food delivery sector with around US$8 billion in annual sales. The combination of the two firms would create a delivery platform worth ...
The Financial Industry Regulatory Authority said on Monday it has fined Citigroup's Global Markets business US$1.25 million for failing to perform proper background checks on thousands of employees between 2010 and 2017.
Chinese gaming company Beijing Kunlun Tech Co Ltd is relaunching the process to float popular gay dating app Grindr Inc after it said a U.S. national security panel had dropped its opposition to the plan.
REUTERS: Exact Sciences Corp said on Monday it will buy peer Genomic Health Inc for about US$2.8 billion in cash and stock, expanding the cancer diagnostic company's testing capabilities to breast and prostate cancers. The deal will bring together Exact Sciences' non-invasive stool screening ...
Mylan NV said on Monday it would combine with Pfizer Inc's off-patent branded and generic established medicines business to form a global generic drugmaker.
U.S. stock markets were set to open just off record highs on Monday, pausing at the start of a week set to be dominated by Wednesday's statement by the Federal Reserve and a round of tech company earnings that will again test the impact of trade concerns on global...
