(Reuters) – A Russian consortium leading a buyout of Yandex, often dubbed Russia’s Google, from its Dutch parent company Yandex NV said on Monday it has received bids from investors to exchange 43.9 million shares as part of the deal. Yandex is being bought by a consortium made up of senior Yandex Russian management, a […]
Billionaire businessman Frank McCourt said he is putting together a consortium to purchase TikTok’s US business. His bid adds to the number of investors hoping to benefit from a new federal law that requires TikTok’s China-based parent company to sell the popular platform or face a ban. The announcement, posted late on Tuesday on Mr […]
(Reuters) -Entrepreneur and former Los Angeles Dodgers owner Frank McCourt said on Wednesday his organization, Project Liberty, is forming a consortium to buy social media platform TikTok in the United States. A law signed by President Joe Biden on April 24 gives the social media platform’s owner, ByteDance, until Jan. 19 next year to sell […]
By M. Sriram and Aditya Kalra MUMBAI (Reuters) – A consortium including Blackstone, Singapore state fund GIC and Abu Dhabi Investment Authority (ADIA) is in talks with India’s Haldiram’s for a majority stake in its snacks business at a valuation of up to $8.5 billion, two sources with direct knowledge said. Haldiram’s, a household name […]
Apr. 27—The Alaska Supreme Court on Friday extended tribal sovereign immunity to a tribal consortium, overruling a decision it made 20 years ago that refused to take a similar step. In simple terms, the 45-page decision is a win for the Copper River Native Association, a tribally run Alaska nonprofit corporation that provides health care […]
By Alexander Marrow, Darya Korsunskaya and Polina Devitt LONDON (Reuters) -Nasdaq-listed technology company Yandex NV on Monday said it had agreed a 475-billion-rouble ($5.21 billion) cash and shares deal to sell its Russian assets to a consortium of Russian investors, including a fund ultimately owned by oil major Lukoil. Often referred to as “Russia’s Google”, […]