An EasyJet Airbus A320 aircraft is seen at Malpensa Airport near Milan, Italy, October 3, 2018. Stefano Rellandini | Reuters EasyJet stock soared Friday after the budget carrier said it is considering a $7.7 billion takeover bid from Apollo Global Management. Under the terms of the cash offer, easyJet shareholders would be entitled to £7.15…
MUMBAI, MAHARASHTRA, INDIA – 2022/09/20: A man checks his phone near the Cred logo during the Global Fintech Fest in Mumbai. Sopa Images | Lightrocket | Getty Images Indian fintech startup Cred will raise $900 million in a funding round led by Mark Zuckerberg’s Meta— but has lost its founder and chief executive, Kunal Shah,…
A sign hangs above the front of a Pizza Hut restaurant on Feb. 9, 2026 in Chicago, Illinois. Scott Olson | Getty Images Yum Brands on Tuesday announced it is selling Pizza Hut to private equity firm LongRange Capital for roughly $1.5 billion. The deal excludes the pizza chain’s locations in mainland China; Yum China…
Public markets are beginning to reopen for biotech companies after several years of muted activity. But the strongest companies may still be more likely to sell themselves to Big Pharma rather than testing investor appetite in an IPO, according to JPMorgan’s top healthcare dealmakers. The IPO window has reopened for high-quality biotech companies, but investors…
Americans have more money invested for retirement in passive S&P 500 Index funds than any other investment. The Vanguard and BlackRock S&P 500 ETFs alone manage nearly $2 trillion in assets, with the Vanguard ETF (VOO) recently passing the $1 trillion mark. But they won’t be managing SpaceX shares any time soon for retail investors…
JPMorgan Chase CEO Jamie Dimon said Wednesday that his bank could spend up to $20 billion on an acquisition in the coming years. A deal that size would be the largest of Dimon’s 20-year tenure atop JPMorgan and test regulators’ appetite for consolidation among the biggest U.S. banks. “I do think there might be opportunities,…
A cup of coffee and strawberry frosted donut with sprinkles at a Dunkin’ Donuts location in Los Angeles, Sept. 6, 2017. Patrick T. Fallon | Bloomberg | Getty Images Dunkin’ and Buffalo Wild Wings owner Inspire Brands has confidentially filed for an initial public offering, the company announced on Friday. If Inspire goes public, it…
A sign is posted in front of the eBay headquarters in San Jose, California. Justin Sullivan | Getty Images U.S. video game retailer GameStop announced Sunday it has made an unsolicited, non-binding offer to acquire eBay for $125 per share in a cash-and-stock deal, valuing the e-commerce platform at roughly $55.5 billion. The offer, split…
LAS VEGAS, NEVADA – JANUARY 06: People visit Bugatti booth during the Consumer Electronics Show (CES) 2026 on January 6, 2026 in Las Vegas, Nevada. Zhang Shuo | China News Service | Getty Images Porsche AG has agreed to sell its 45% stake in supercar brand Bugatti Rimac, fully exiting the joint venture that houses…
A Jersey Mike’s restaurant in Walnut Creek, California, Nov. 21, 2024. David Paul Morris | Bloomberg | Getty Images Jersey Mike’s has confidentially filed for an initial public offering, the company said Monday. The announcement comes more than a year after Blackstone bought a majority stake in the sandwich chain in a deal that reportedly…
