SoftBank pays $1.6bn for Yahoo Japan rights

SoftBank pays $1.6bn for Yahoo Japan rights

SoftBank’s internet business Z Holdings has agreed to pay Verizon Communications $1.61bn to secure the rights to Yahoo branding and technology in perpetuity in Japan. In contrast to the retreat of Yahoo in the United States, the brand remains a core part of...
True hits £275m hard cap for Fund III

True hits £275m hard cap for Fund III

Europe’s leading retail & consumer investment and innovation firm True has held the close of its latest fund – Fund III – dedicated to backing the retail and consumer businesses, at the forefront of consumer behavioural change. Following a virtual fundraising...
Brazil sees dealmaking boom led by energy, retail, healthcare

Brazil sees dealmaking boom led by energy, retail, healthcare

Brazilian companies are striking mammoth share offerings and M&A deals, as Latin America’s biggest economy recovers from the pandemic with expected full-year GDP growth of 5%, potentially further lifting sectors from energy to healthcare. M&A volume grew...