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Tag: majority stake

Alibaba to acquire remaining stake in Cainiao for up to $3.75 billion; shelves IPO plan – Tech Startups

In a surprising move, Chinese e-commerce behemoth Alibaba Group Holding has called off its plans for an initial public offering (IPO) of its logistics...

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Sea Group in Talks to Acquire Minority Stake in Indonesian Bank HiBank – Fintech Singapore

by Fintech News Indonesia February 26, 2024 Singaporean tech conglomerate Sea Group is reportedly poised to acquire a minority stake in HiBank, a subsidiary of PT...

Space industry seeks clarity on defense market plans

WASHINGTON — Space industry executives and investors at a recent U.S. Chamber of Commerce event grappled with unanswered questions on the Pentagon’s plans to...

The Platform Group acquires Hood Media

The Platform Group has taken over Hood Media. This gives TPG control over Hood.de, one of the ten largest online marketplaces in Germany according...

South Korea, US explore joint ship, weapons maintenance opportunities

MANILA, Philippines — South Korea and the United States are exploring whether the former’s defense industry could help maintain, repair and overhaul the latter’s...

Replacing INSAS – In Search of A Good Rifle

Replacing INSAS - In Search of A Good Rifle Saturday, February 03, 2024 by Indian Defence News Unsatisfactory performance of the indigenous INSAS, stalling of the...

Binance Initiates Stake Reduction in South Korean Exchange Gopax to Comply with Regulatory Norms

Binance plans to reduce its majority stake in South Korean crypto exchange Gopax to address regulatory compliance issues, following its acquisition in early 2023....

SOFTSWISS Purchases a Majority Stake In Turfsport To Enter African Market

SOFTSWISS, a flagship crypto gambling provider, has revealed that it has officially purchased most of the stake in Turfsport, a flagship South African supplier...

Our Favorite Stats and Other Nerdy Stuff of 2023 : AirlineReporter

Ahhh yes, this is the time of year to take...

Blackstone buys majority stake in Sony Payment Services

Japan's Sony Bank has offloaded a majority stake...

London-based Investcorp acquires acquires German payroll-as-a-service provider VEDA | EU-Startups

Investcorp, a leading global alternative investment firm, announced that its global technology arm, Investcorp Technology Partners (ITP) has entered into an agreement to acquire...

Monex Group Acquires Majority Stake in 3iQ

Monex Group, a Japan-based financial services corporation, has recently sealed a significant deal, acquiring a majority stake in the Canadian crypto asset manager, 3iQ....

Hyperloop One Shuts Down: Virgin-backed futuristic startup Hyperloop One’s rocky ride ends with shutdown – TechStartups

Hyperloop One’s grand vision to revolutionize transportation has come to an unexpected end. The Virgin-backed futuristic startup, which aimed to usher in the next...

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