Tag Archives: Deal

Report: Celtics trade Enes Kanter to Blazers originally appeared on NBC Sports Boston Enes Kanter’s time with the Boston Celtics has come to an end. A day after Kanter exercised his $5 million player option, Boston traded the big man to the Portland Trail Blazers in a three-team deal also involving the Memphis Grizzlies, per ESPN’s Adrian Wojnarowski. The Grizzlies will receive Mario Hezonjia and 30th overall pick in the 2020 NBA Draft, Desmond Bane. The C’s will get a future Memphis draft… Source link

India’s antitrust watchdog has approved Google’s proposed investment of $4.5 billion in the nation’s largest telecom platform Jio Platforms, it said in a tweet on Wednesday. Google announced in July that it would be investing $4.5 billion for a 7.73% stake in the top Indian telecom network. As part of the deal, Google and Jio Platforms plan to collaborate on developing a customized-version of Android mobile operating system to build low-cost, entry-level… Source link

A former Google executive, who asked not to be identified because he was not permitted to talk about the deal, said the prospect of losing Apple’s traffic was “terrifying” to the company. The Justice Department, which is asking for a court injunction preventing Google from entering into deals like the one it made with Apple, argues that the arrangement has unfairly helped make Google, which handles 92 percent of the world’s internet searches, the center of consumers’ online lives.

When Tim Cook and Sundar Pichai, the chief executives of Apple and Google, were photographed eating dinner together in 2017 at an upscale Vietnamese restaurant called Tamarine, the picture set off a tabloid-worthy frenzy about the relationship between the two most powerful companies in Silicon Valley. As the two men sipped red wine at a window table inside the restaurant in Palo Alto, their companies were in tense negotiations to renew one of the most lucrative business deals in history: an… Source link

Here’s what you need to know: Speaker Nancy Pelosi at the Capitol on Sunday.Credit…Stefani Reynolds for The New York Times Senator Mitch McConnell, Republican of Kentucky and the majority leader, told Republican senators privately on Tuesday that he has advised the White House not to strike a deal with Speaker Nancy Pelosi on a new stimulus bill before Election Day, cautioning against reaching an agreement that most in the party cannot accept. Mr. McConnell’s counsel, confirmed by three… Source link

Russia-based search engine Yandex has announced that the acquisition of Tinkoff, worth USD 5.5 billion, has collapsed due to the parties having different views on the matter. Discussions over the potential tie-up, which would have increased competition for Russia’s lender Sberbank and smaller rivals in technology and banking, stalled less than four weeks after they were announced by Tinkoff parent TCS Group Holding. TCS said in a statement it had agreed with Yandex not to proceed… Source link

[unable to retrieve full-text content]Yandex pulls out of deal for online bank Tinkoff  PitchBook News & Analysis Source link

Reuters: Yandex and TCS Group Holding, the parent company of Russia’s top online bank Tinkoff, have terminated talks on Yandex’s proposed $5.48B deal to buy Tinkoff  —  MOSCOW (Reuters) – Plans for Russia’s biggest corporate deal of 2020 collapsed on Friday after talks over a $5.48 billion cash … Source link

Extremely Significant Deal Won’t Happen There will be no deal between Tinkoff Bank, one of the most popular in Russia, and Yandex, the country’s largest technology holding. The stocks of both companies led to a decline in the Russian market on Friday. Besides, the Central Bank has expressed a desire to check the companies for insider trading, according to media reports. Experts called the potential deal extremely significant for the entire Russian market since the merge of Tinkoff… Source link

Share Tweet Share Share Share Print Email Russian search giant Yandex said in a statement on Friday (Oct. 16) that merger talks with TCS Group Holding (Tinkoff) have fallen apart.  “Yandex regrets to confirm that it has not been able to agree to definitive transaction terms with the core shareholders of Tinkoff, and accordingly that the parties have mutually agreed to terminate discussions regarding a possible offer by Yandex for 100% of the share capital of Tinkoff,” Yandex said in a Source link