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Mergers and acquisitions

Chipmaking giant TSMC to invest up to $100 million in shares

by Ron Morgan
Chipmaking giant TSMC to invest up to 0 million in shares

TSMC is the top producer of the world’s most advanced processors, including the chips found in the latest iPhones, iPads and Macs. Jakub Porzycki | Nurphoto | Getty Images TSMC, …

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Smucker to buy Twinkies maker Hostess

by Anas Siddiqui
Smucker to buy Twinkies maker Hostess

Jelly maker J.M. Smucker is buying Twinkie owner Hostess Brands for $5.6 billion, or $34.25 a share. Hostess shareholders will receive $30 in cash and .03002 share of Smucker’s stock …

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AI play in focus after huge Nvidia rally

by Walter Watson
AI play in focus after huge Nvidia rally

In this photo illustration, Nvidia logo is seen displayed on a smartphone screen in front of ARM logo. Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Arm is …

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Online grocery firm Instacart looks to raise up to $616 million in IPO

by Walter Watson
Online grocery firm Instacart looks to raise up to 6 million in IPO

FALMOUTH, MA – APRIL 8: Instacart shopper Loralyn Geggatt makes a delivery to a customer’s home during the COVID-19 pandemic in Falmouth, MA on April 7, 2020. Some Amazon, Instacart …

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Ripple buys crypto infrastructure startup in its second acquisition of 2023

by Walter Watson
Ripple buys crypto infrastructure startup in its second acquisition of 2023

Cryptocurrency company Ripple announced on Friday it will acquire Fortress Trust, a startup specializing in crypto infrastructure, giving it a license in Nevada and allowing it to expand beyond its …

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Apple execs lose bid to block testimony at Google antitrust trial

by Walter Watson
Apple execs lose bid to block testimony at Google antitrust trial

Close-up of blue logo on sign with facade of headquarters buildings in background near the headquarters of Apple Computers in the Silicon Valley, Cupertino, California, August 26, 2018. Smith Collection/Gado/Getty …

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Shares of China’s BYD jump after EV maker posts 200% rise in H1 profit

by Horatio Thompson
Shares of China’s BYD jump after EV maker posts 200% rise in H1 profit

A BYD ATTO 3 is displayed during the British Motor Show at Farnborough International Exhibition Centre on August 17, 2023 in Farnborough, England. John Keeble | Getty Images News | …

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Up to regulators to decide

by Walter Watson
Up to regulators to decide

Microsoft says it “really tried” to take the concerns of U.K. regulators to heart, before launching its fresh bid to take over Activision Blizzard — and it’s now up to …

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Subway family heirs pick winner in $15b buyout bid

by Anas Siddiqui
Subway family heirs pick winner in b buyout bid

Roark Capital Group has won the race to acquire US sandwich chain Subway after seeing off a late challenge from a rival bid group led by TDR Capital and Sycamore …

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Subway sold to Roark Capital, private equity firm

by Walter Watson
Subway sold to Roark Capital, private equity firm

In this photo illustration, a Subway meal is seen on a table at a Subway restaurant on January 12, 2023 in Austin, Texas. Brandon Bell | Getty Images Roark Capital …

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