Nexperia's former CEO Frans Scheper says Wingtech, which bought the Dutch chipmaker in 2019, quickly plotted to send Nexperia's research and IP to China
New York Times :
Netflix agrees to acquire WBD's studios and streaming business in an $82.7B cash-and-stock deal, including debt, to close after WBD splits in two in Q3 2026
Netflix announced this week that it had reached … Axios : Netflix to buy Warner Bros. for nearly $83 billion Alex Pigman / Taipei Times : Warner Bros acquisition by Netflix sparks backlash Victory Emm...
Ariel Emanuel's new company MARI acquires NYC- and London-based theater ticketing app TodayTix from PE firm Great Hill; TodayTix sells ~10M tickets per year
Michael Paulson / New York Times :
Internal docs: Fidelity, TPG, Sequoia, and others are buying ~$250M worth of shares in xAI under a tender offer valuing it at $113B; Fidelity is purchasing $20M
New York Times :
A look at TikTok-owned Tokopedia's sprawling e-commerce logistics network for delivering goods across Indonesia, a country of 270M people and 17,000 islands
New York Times :
Filing: UAE-based G42 accounted for 87% of Cerebras' H1 2024 revenue and has committed to buy $335M worth of its stock by April 2025, giving G42 a 5%+ stake
New York Times :
Sources: Walmart, JD.com's largest shareholder, is raising about $3.6B by selling its stake in the Chinese e-commerce firm; JD falls 9%+
Names Alibaba As Only Name That Has Real Liquidity Philip Whiterow / Proactive : Walmart shares tick higher following JD.Com sale Juro Osawa / The Information : Walmart Sells Stake in China's JD.com f...
Sources: OpenAI completed a deal valuing the startup at $80B or more, planning to let employees cash out their shares in a tender offer led by Thrive Capital
New York Times :
Goldman Sachs offloads major BNPL player GreenSky for an undisclosed sum to a group of money managers, after acquiring the company for $1.7B in 2021
Rob Copeland / New York Times :
Shein acquires ~33% of Forever 21 parent company Sparc and Sparc takes a Shein minority stake, letting Shein sell Forever 21 items and operate inside its stores
the deal is a win for fast fashion, but a loss for the environment PYMNTS.com : Shein's Forever 21 Returns Deal Spotlights Key Omnichannel Strategy Wajeeh Khan / Invezz : Shein just announced a deal w...