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01 Apr, 2020
Microsoft Acquires Obsidian and InXile For Xbox Developer Stable
Microsoft (NASDAQ: MSFT) expands Xbox Developer Stable as it acquires Obsidian and InXile, creators of RPG’s directed towards PC users. Obsidian and InXile are two of the new studios Microsoft had acquired to join forces with its four other ac..
Fox Will Sell Sky Stake to Comcast for USD 15 Billion
Twenty-First Century Fox Inc. (NASDAQ: FOXA) announced on Wednesday it will sell the remainder of its stake in U.K. based broadcaster Sky after being beat out by Comcast Corp. (NASDAQ: CMCSA) in a takeover bid.Comcast and Fox have been involved in a..
BP to acquire BHP's US shale assets for $10.5 bln
BP p.l.c. (NYSE:BP) announced Friday it would buy several US oil and shale assets from mining firm BHP Billiton Ltd. (NYSE:BBL) for USD 10.5 billion.The deal is the largest by BP in two decades and its first significant investment in the United Stat..
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Boeing, Airbus to Lose $40 Billion After Trump Leaves Iran Deal
President Donald Trump announced on Tuesday his decision to withdraw the U.S. from the Iranian nuclear deal. The withdrawal impacts oil stocks and defense contractors, like Boeing Co. (NYSE: BA) and Airbus SE who have deals within the nation.Trump&r..
Bayer to Get Approval from Justice Department to Acquire Monsanto
According to the person familiar with the matter, Bayer AG, the German drugs and pesticides group, is to get approval from the U.S. Justice Department to acquire Monsanto Company (NYSE: MON) for $62.5 billion.Shares of Monsanto rose 6.5% to $125.47 ..
Volkswagen to Launch Online Sales
On Tuesday, Volkswagen AG (OTC: VLKAY) announced plans to reduce the size of their European dealer network and wants to launch online sales as they adjust to changing consumer buying habits. The company is looking to cut costs across all 12 brands f..
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