U.S. chip goliath Qualcomm has said it is open to the idea of investing in U.K. chip designer Arm if the company’s $40 billion sale to Nvidia is blocked by regulators, according to a report from The Telegraph newspaper on Sunday. Qualcomm’s incoming CEO, Cristiano...
Japanese conglomerate Toshiba has recently been subject to a buyout offer from CVC in a deal that could be worth about $20bn. Brookfield and KKR have also expressed an interest. Now the takeover is impeded by shareholder conflicts. Two Toshiba directors have resigned...
Magnachip Semiconductor said on Friday that it has received a takeover bid from Cornucopia Investment Partners, topping a rival offer, which values the South Korea-based display and power chip maker at $1.66 billion. Shares of the chipmaker jumped about 22% to $28.20...
Private equity groups Ares Management and Maven Capital Partners have teamed up with a family office to support the launch of a new acquisition business in the UK asset and wealth management market. Titan Wealth Holdings is launching with two acquisitions: Tavistock...
Trustees of Pennsylvania’s largest public pension on Friday backed off from voting on almost $1.1 billion in new fund commitments amid disagreement over the system’s leadership and its use of high-cost private investments. While one investment was approved in a public...
