Exclusive: Stroeer considers options for 2024 sale of data business Statista -sources

Exclusive: Stroeer considers options for 2024 sale of data business Statista -sources

FRANKFURT/LONDON, Sept 7 (Reuters) – German advertising group Stroeer is considering possible options for the sale of Statista in 2024, in a process which could value the data gathering business at up to 1.5 billion euros ($1.6 billion), four sources familiar with the matter said. Private equity firms are looking at Statista ahead of a … Read more

Exclusive: Tiger Global says ex-employee targets it in misinformation attacks

Exclusive: Tiger Global says ex-employee targets it in misinformation attacks

Aug 25 (Reuters) – Investment firm Tiger Global Management LLC, known for its early bets on tech firms like Meta (META.O) and Spotify , on Friday told limited partners it has been the target of a series of misinformation attacks by a former employee, according to a letter seen by Reuters. The firm was responding … Read more

Exclusive: SoftBank hired Arm’s IPO banks without clarity on fees -sources

Exclusive: SoftBank hired Arm’s IPO banks without clarity on fees -sources

A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights NEW YORK, Aug 23 (Reuters) – Chip designer Arm signed up 28 banks for its blockbuster initial public offering without giving them a fee arrangement, a reflection of … Read more

Exclusive: SoftBank in talks to buy Vision Fund’s 25% stake in Arm

Exclusive: SoftBank in talks to buy Vision Fund’s 25% stake in Arm

A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File photo NEW YORK, Aug 13 (Reuters) – SoftBank Group Corp (9984.T) is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision Fund 1 (VF1), … Read more

Exclusive: India bars makers of military drones from using Chinese parts

Exclusive: India bars makers of military drones from using Chinese parts

NEW DELHI, Aug 8 (Reuters) – India in recent months has barred domestic manufacturers of military drones from using components made in China over concerns about security vulnerabilities, according to four defence and industry officials and documents reviewed by Reuters. The measure comes amid tensions between the nuclear-armed neighbours and as New Delhi pursues a … Read more