Mergers and acquisitions

FILE - In this Nov. 25, 2019 file photo, people walk past a Tiffany jeweler shop on the Champs Elysees avenue in Paris. LVMH and Tiffany have worked through their differences, with the famous jewelry company agreeing to be purchased by the luxury goods company for slightly less than what they initially agreed on. (AP Photo/Michel Euler, File)
October 29, 2020 - 7:33 am
NEW YORK (AP) — The largest deal in luxury is back on after New York's famed jeweler Tiffany agreed to a slightly reduced offering price from from LVMH in Paris. LVMH will now pay $131.50 for each Tiffany share putting the total price tag at $15.8 billion, down from the $16.2 billion that was first...
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October 28, 2020 - 4:34 am
MILAN (AP) — Fiat Chrysler and PSA Peugeot on Wednesday confirmed progress toward their full merger to create the globe’s fourth-largest carmaker, with completion expected by the end of March 2021. The merger of the Italian-American car company with its French rival, agreed last year, is aimed at...
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FILE - In this Jan. 20, 2011, file photo, AMD chips are displayed at the Micro Center computer store in Santa Clara, Calif. AMD is buying processing platform developer Xilinx in an all-stock deal valued at $35 billion. (AP Photo/Paul Sakuma, File)
October 27, 2020 - 10:02 am
SAN JOSE, Calif. (AP) — Advanced Micro Devices is buying Xilinx for $35 billion in an all-stock deal that will combine the two Silicon Valley chip makers and accelerate an already rapid-fire pace of mergers and buyouts in the industry. The deal announced Tuesday puts AMD in a place it wants to be;...
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FILE - In this June 15, 2015, file photo, a Saudi man walks through the Tadawul stock exchange in Riyadh, Saudi Arabia. Saudi Arabia's National Commercial Bank said Sunday, Oct. 11, 2020, it will purchase rival lender Samba Financial Group in a deal valued at $14.8 billion, creating what would become the kingdom's largest bank. (AP Photo/Hasan Jamali, File)
October 11, 2020 - 11:25 am
DUBAI, United Arab Emirates (AP) — Saudi Arabia's National Commercial Bank said Sunday it will purchase rival lender Samba Financial Group in a deal valued at $14.8 billion, creating what would become the kingdom's largest bank. The bank will control some $223 billion in assets and a market...
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FILE - This file combination of 2019-2020 photos shows Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Google CEO Sundar Pichai and Facebook CEO Mark Zuckerberg. In a report issued Tuesday, Oct. 6, 2020, Democratic lawmakers called for Congress to rein in Big Tech, possibly forcing Facebook, Google, Amazon and Apple to sever their dominant platforms from their other lines of business and imposing new uniformity on the terms they offer users. (AP Photo/Pablo Martinez Monsivais, Evan Vucci, Jeff Chiu, Jens Meyer, File)
October 06, 2020 - 8:12 pm
WASHINGTON (AP) — Democratic lawmakers are calling for Congress to rein in Big Tech, possibly forcing Facebook, Google, Amazon and Apple to break up their businesses, while making it harder for them to acquire others and imposing new rules to safeguard competition. The proposals in a report issued...
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FILE - In this Tuesday July 17, 2007 filer, shoppers enter the Asda supermarket in Wallington, England. Retail giant Walmart has agreed to sell its British chain of supermarkets, Asda, to the investors behind an international group of gas stations and food shops in a deal that values the company at 6.8 billion pounds ($8.8 billion). Brothers Mohsin and Zuber Issa, along with investors TDR Capital will acquire a majority of Asda, while Walmart will retain a minority stake and a seat of the board, the parties said in a joint statement issued Friday. Details of the deal weren’t released. (AP Photo/Tom Hevezi, File)
October 02, 2020 - 9:41 am
LONDON (AP) — Retail giant Walmart has agreed to sell its British chain of supermarkets, Asda, to the investors behind an international group of gas stations and food shops in a deal that values the company at 6.8 billion pounds ($8.8 billion). Brothers Mohsin and Zuber Issa, along with investors...
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FILE - This Feb. 25, 2020, file photo, shows the icon for TikTok in New York. TikTok's owner has chosen Oracle over Microsoft as its preferred suitor to buy the popular video-sharing app, according to a source familiar with the deal, Sunday, Sept. 13, 2020. (AP Photo/File)
September 14, 2020 - 12:52 pm
Oracle said Monday that the Chinese owner of TikTok has picked the U.S. company to be its “trusted technology provider," beating out rival Microsoft in a deal that could help keep the popular video-sharing app running in the U.S. Oracle spokeswoman Deborah Hellinger said she was confirming remarks...
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FILE - In this Tuesday, May 30, 2017 file photo, Nvidia CEO Jensen Huang delivers a speech about AI and gaming during the Computex Taipei exhibition at the world trade center in Taipei, Taiwan. Computer graphics chip company Nvidia said it plans to buy Britain's Arm Holdings for $40 billion, in a merger of two leading chipmakers. Santa Clara, California-based Nvidia and Arm's parent company, Japanese technology giant SoftBank, announced the deal Sunday, Sept. 13, 2020. (AP Photo/Chiang Ying-ying, File)
September 14, 2020 - 12:12 pm
LONDON (AP) — U.S. graphics chip maker Nvidia said it plans to buy U.K.-based Arm Holdings in a deal worth up to $40 billion, in a move that would create a global powerhouse in the industry. The deal, announced late Sunday by Nvidia and Arm’s parent company, Japanese technology giant SoftBank,...
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FILE - This Feb. 25, 2020, file photo, shows the icon for TikTok in New York. TikTok's owner has chosen Oracle over Microsoft as its preferred suitor to buy the popular video-sharing app, according to a source familiar with the deal, Sunday, Sept. 13, 2020. (AP Photo/File)
September 13, 2020 - 9:47 pm
The owner of TikTok has chosen Oracle over Microsoft as its preferred suitor to buy the popular video-sharing app, according to a source familiar with the deal who was not authorized to speak publicly about it. Microsoft announced Sunday that its bid for TikTok was rejected, removing the tech giant...
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FILE - In this Nov.25, 2019 file photo, the logo of Tiffany jeweler shop is pictured on the Champs Elysees avenue in Paris. LVMH is ending its monthslong pursuit of luxury jewelry retailer Tiffany & Co., citing in part the impact of proposed tariffs on French goods. The Paris-based conglomerate said that it needs more time to assess the impact of U.S. tariffs on French goods and cannot close the deal before year-end. (AP Photo/Michel Euler, File)
September 09, 2020 - 10:42 am
NEW YORK (AP) — Luxury goods giant LVMH is ending its takeover deal of jewelry retailer Tiffany & Co., saying the French government had requested a delay to assess the threat of proposed U.S. tariffs and amid wider industry troubles caused by the pandemic. The Paris-based conglomerate said that...
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