Nvidia is reportedly preparing to abandon its $40bn takeover of Arm

Nvidia is reportedly preparing to abandon its $40bn takeover of Arm

Nvidia is “quietly” preparing to abandon its $40bn acquisition of British chip designer Arm, Bloomberg News reported Tuesday. The U.S. chipmaker has told partners it’s not expecting the deal to be finalized, the news agency reported, citing people familiar with the...
CVC-Backed Fleet Services Firm Weighs IPO at $3.4bn Value

CVC-Backed Fleet Services Firm Weighs IPO at $3.4bn Value

DKV Mobility, a fleet-services firm part-owned by CVC Capital Partners, is considering an initial public offering that could value it at more than $3.4bn, people familiar with the matter said. The German company is working with an adviser to evaluate a potential...