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January 24. 2022 In the wake of a cycling surge fueled by the epidemic, KKR & Co. decided to buy Dutch bicycle producer Accell Group NV for 1.56 billion euros ($1.8 billion). Accell's stock soared as much as 24.9% after the acquisition was announced, having more than quadrupled in value since March 2020. A mobile app development company, Gorillas Technologies GmbH, is in exclusive talks to buy Frichti, a French and Belgian grocery delivery service. The merger would allow the German fast-food company to diversify its operations w...

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January 21. 2022 Intel Corporation announced an investment of $20 billion on a chip manufacturing facility near Columbus, Ohio, that it hopes would become the world's most significant silicon production plant. On a 1,000-acre property in New Albany, the chipmaker will start work on two production facilities, with the goal of having them operational by 2025. Vistas Media Acquisition Company Inc. (NASDAQ: VMAC) ("VMAC"), a blank check company, and Anghami Inc., the leading legal music streaming platform and digital distribution compan...

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January 20. 2022 Nexon Co, a joint venture between Japan and South Korea, said that it would sell its 34.8 percent ownership in Six Waves Inc to Sweden-based Stillfront Group AB for $93 million. Nexon invested in mobile game publisher Six Waves in 2011 to expand into the social gaming market. Telenor, a global provider of telecommunications, data, and media communication services, announced a partnership with Amazon Web Services (AWS) to accelerate the transition of its telecoms systems and increase the use of cloud - based solution...

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January 19. 2022 After PlayStation competitor, Microsoft Corp. announced a $69 billion deal to acquire games developer Activision Blizzard Inc., Sony Group Corp. shares plummeted 13% in Tokyo on Wednesday, the most since October 2008. The private equity firm Symphony Technology Group (STG), which bought McAfee Enterprise and FireEye in quick succession, plans to merge the two companies to form Trellix. The new firm will offer extended detection and response (XDR) services to businesses, emphasizing speeding technical innovation thro...

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January 18. 2022 Affinity Equity Partners, a private equity group, is selling its Burger King fast-food companies in South Korea and Japan this week in a deal that might be worth more than $1 billion. According to CEO Ophelia Brown, Blossom Capital has raised $432 million to support web-based startups in Europe, with a third of the cash set aside for cryptocurrency investments. After striking a deal with Panama's government, the Panamanian unit of Canadian miner First Quantum Minerals has agreed to increase royalty payme...

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January 18. 2022
Every year, merger and acquisition activity significantly influences sectors, ranging from multibillion-dollar mergers that can fundamentally transform a company's economic environment to smaller purchases that help big companies stay competitive.

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January 17. 2022 Binance Holdings Ltd. agreed to study a digital asset exchange in Thailand with Gulf Energy Development PCL, owned by Thai billionaire Sarath Ratanavadi. Binance's newest endeavor to institutionalize its worldwide operations is this cooperation. Unilever's stock fell as much as 6.6 percent in London after it was revealed that the business plans to focus on health and hygiene and sell slow-growing brands as it explores a bigger bid for GlaxoSmithKline Plc's consumer division. The consumer division of GlaxoSmithKline ...