Edition:
United Kingdom

Liana B. Baker

U.S. antitrust scrutiny tests T-Mobile's $26 billion bet on Sprint

18 Apr 2019

T-Mobile US Inc's $26 billion (£19.95 billion) deal to buy Sprint Inc banked on changes in wireless technology and media streaming to win U.S. antitrust approval, but the bet now looks precarious.

Exclusive: EQT, Digital Colony, Stonepeak group near deal to buy Zayo - sources

10 Apr 2019

A consortium including investment firms Digital Colony Partners LP, EQT AB and Stonepeak Infrastructure Partners has secured exclusive rights to negotiate a deal to buy U.S. communications infrastructure provider Zayo Group Holdings Inc, people familiar with the matter said on Wednesday.

Exclusive: Loeb's Third Point building stake to pressure Sony - sources

09 Apr 2019

Daniel Loeb's hedge fund Third Point LLC is building a stake in Sony Corp to push for changes that include shedding some businesses, the second time in six years it has targeted the Japanese electronics maker, people familiar with the matter said on Monday.

EXCLUSIVE-Loeb's Third Point building stake to pressure Sony -sources

08 Apr 2019

April 8 Daniel Loeb's hedge fund Third Point LLC is building a stake in Sony Corp to push for changes, the second time in six years it has targeted the Japanese electronics maker, people familiar with the matter said on Monday.

Exclusive: Goldman’s China-backed fund bucks trade tensions to buy U.S. firm

29 Mar 2019

Goldman Sachs Group Inc invested money from China's sovereign wealth fund in a California-based industrial company and is looking for more U.S. deals, three sources familiar with the matter said, even after increased scrutiny from Washington all but stopped U.S.-China deals last year.

Global M&A slides in first quarter as Brexit weighs on Europe

29 Mar 2019

LONDON/NEW YORK Global mergers and acquisitions (M&A) sank 17 percent in the first quarter of 2019, as concerns about an economic slowdown and fears of a no-deal Brexit in Europe spooked chief executives and corporate boardrooms from pursuing big tie-ups.

Exclusive: Goldman's China-backed fund bucks trade tensions to buy U.S. firm

29 Mar 2019

Goldman Sachs Group Inc invested money from China's sovereign wealth fund in a California-based industrial company and is looking for more U.S. deals, three sources familiar with the matter said, even after increased scrutiny from Washington all but stopped U.S.-China deals last year.

EXCLUSIVE-Goldman’s China-backed fund bucks trade tensions to buy U.S. firm

29 Mar 2019

March 29 Goldman Sachs Group Inc invested money from China's sovereign wealth fund in a California-based industrial company and is looking for more U.S. deals, three sources familiar with the matter said, even after increased scrutiny from Washington all but stopped U.S.-China deals last year.

Exclusive: Told U.S. security at risk, Chinese firm seeks to sell Grindr dating app

27 Mar 2019

Chinese gaming company Beijing Kunlun Tech Co Ltd is seeking to sell Grindr LLC, the popular gay dating app it has owned since 2016, after a U.S. government national security panel raised concerns about its ownership, according to people familiar with the matter. | Video

EXCLUSIVE-Told U.S. security at risk, Chinese firm seeks to sell Grindr dating app

27 Mar 2019

March 27 Chinese gaming company Beijing Kunlun Tech Co Ltd is seeking to sell Grindr LLC, the popular gay dating app it has owned since 2016, after a U.S. government national security panel raised concerns about its ownership, according to people familiar with the matter.

World News

Trump says Iran may have shot down U.S. drone by mistake

U.S. President Donald Trump played down Iran's downing of a U.S. military drone on Thursday, saying he suspected it was shot by mistake and that "it would have made a big difference" to him if the remotely-controlled aircraft had been piloted.