PayPal Holdings shares surged after reports that Stripe and private equity firm Advent International submitted a joint acquisition offer valued at $60.50 per share, representing a premium of about 28% over PayPal’s previous closing price. The news boosted investor confidence and helped lift U.S. markets during a strong start to the second-quarter earnings season. While…
Uber Technologies has completed its $14.8 billion acquisition of Delivery Hero, creating one of the world’s largest food delivery platforms operating across 99 countries. The deal significantly expands Uber’s global reach and strengthens its position in key international markets. The acquisition is expected to improve operational efficiency, broaden Uber’s customer base, and increase competition in…
Swiss engineering group ABB has agreed to acquire UK-based industrial equipment manufacturer Rotork in an all-cash deal valued at $5.6 billion (£4.1 billion), strengthening its automation and electrification business. Under the agreement, ABB will pay £5.03 per share, representing a significant premium over Rotork’s previous closing price. The acquisition is expected to boost ABB’s revenue…