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Latest from merger

Honda-Nissan merger had ‘unacceptable’ terms, says Renault

Renault said the terms of the transaction, “including the fact that it did not include any premium, were unacceptable.”

A Nissan Motor Co. logo at the company's global headquarters in Yokohama, Japan, on Wednesday, Feb. 12, 2025. Hon Hai Precision Industry Co. is open to buying Renault SA's stake in Nissan, a move that may offer the struggling Japanese carmaker a lifeline(Akio Kon/Bloomberg)
Published on Feb 13, 2025 06:47 PM IST

Australian firms' merger turns former intern into billionaire: Know how

The merger of an Australian pharmaceutical firm and a pharmacy franchiser has turned a former intern into a billionaire and minted 100 other millionaires.

Two brothers and an intern have together turned into billionaires after their firm merged with Sigma Healthcare in Australia(Bloomberg)
Published on Feb 13, 2025 03:53 PM IST

Honda, Nissan and Mitsubishi end their merger talks: Report

However, the three automakers will continue to work together on electric vehicles and smart cars, such as autonomous driving

Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend their joint press conference in Tokyo, Japan March 15, 2024.
Published on Feb 13, 2025 01:14 PM IST
AP |

US search engine Perplexity AI proposes merger with TikTok

Perplexity AI proposed a merger with TikTok U.S. as the platform faces a ban unless it severs ties with ByteDanc

The Chinese parent company of TikTok, ByteDance, received an offer on Saturday from the U.S. search engine startup Perplexity AI to combine with TikTok U.S., a source familiar with the business's intentions told Reuters.(REUTERS/Dado Ruvic)
Published on Jan 19, 2025 11:53 AM IST
Reuters |

Shutterstock and Getty Images merge to form $3.7 billion visual content company

Shutterstock and Getty Images will merge to form a $3.7 billion visual content company, enhancing their portfolios with diverse products.

Getty Images and Shutterstock will combine to form a $3.7 billion visual content business.(Bloomberg)
Published on Jan 07, 2025 05:47 PM IST
AP |
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