K-pop agency SM Entertainment has acquired an additional 11.42% stake in fan platform operator DearU Co. for 135.6 billion won…
Tag: buys
Renault buys out Nissan’s 51% stake in India JV, French carmaker to lead with new EV plans
Renault is taking full control of its Indian manufacturing arm. In a strategic move to solidify its presence in one…
Elon Musk’s artificial intelligence group buys X for $45bn
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
From CEO to customer: Pawan Goenka buys his first EV from Mahindra, Anand Mahindra says ‘enjoying fruits of his own labour’
When Pawan Goenka, former Managing Director and CEO of Mahindra & Mahindra, bought his first electric vehicle—the Mahindra XUV 9e,…
‘While others rent, China buys…’: Financial analyst warns China’s real game isn’t what you think
For decades, China has been known as the world’s factory, a manufacturing powerhouse driven by cheap labor and relentless exports.…
Armada’s BEAT Music Fund buys stake in catalog of DJ and producer Tiga
BEAT Music Fund, Armada Music Group’s dance music investment company, has acquired the rights to “a large portion” of masters…
SG Finserve stock hits 20% upper circuit after Madhusudan Kela buys 1.7% stake
SG Finserve shares surged 20% to hit the upper circuit at Rs 432.6 in Tuesday’s trade after veteran investor Madhusudan…
SoftBank buys chipmaker Ampere Computing for $6.5 billion, deepening AI bet
By Stephen Nellis and Anton Bridge SANTA CLARA, California/TOKYO (Reuters) -Japanese technology investor SoftBank Group is accelerating its move into…
Munich Re buys Israeli insurtech co Next at $2.6b valuation
In 2022, as the technology market cooled and the insurtech sector went into decline, Israeli startup Next Insurance was…
Saudi-owned Scopely buys Pokémon Go in $3.5bn gaming deal
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…