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STRIPE ADVENT BID UNDERVALUED
PayPal board sees Stripe-Advent's $53 billion bid as undervaluing company, sources sayPayPal's board considers a $53 billion takeover bid from Stripe and Advent International as undervalued. The company has not formally respo...- At 42x subscription, SBI Funds IPO draws record buzzSBI Funds Management's IPO achieved record subscriptions, becoming the largest of 2026. Investors bid nearly 42 times the shares offered by...
- KKR-led consortium raises offer for Ireland's DCC to $7.9 billionDCC confirmed an improved takeover proposal from KKR and Energy Capital Partners. The new offer values the energy distributor at £5.81 bill...
- US stocks today: US stocks end higher on cool inflation data, strong earningsWall Street closed higher as softer US producer inflation and strong early Q2 earnings boosted sentiment. PayPal surged on a reported buyou...
- SpaceX shares fall below IPO price for first time as post-listing excitement fadesSpaceX shares slipped below their IPO price for the first time, signalling fading investor enthusiasm after a strong debut. The decline hig...
- US stocks today: US stocks rise with earnings in focus; PayPal jumps on takeover bid reportWall Street's indexes experienced a boost on Wednesday, driven by promising inflation figures and robust earnings reports from leading bank...
- PayPal shares jump over 15% after Stripe, Advent make $53 billion buyout offerPayPal shares surged after a reported $53 billion buyout offer from Stripe and Advent International, valuing the company at a premium. The ...
- Govt's revamped chip push; Emergent turns unicornThe Union Cabinet has cleared the India Semiconductor Mission (ISM) 2.0 to boost domestic chip manufacturing. This and more in today's ETte...
- SBI Funds Management IPO: Issue subscribed 2.77 times on Day 2; GMP signals 16% listing gainsSBI Funds Management IPO received robust demand on its second day of bidding. Non-institutional investors led the subscription, booking ove...
- China's latest 'shock', German auto pain and the euro/yuan pressure cookerChina's export engine is posting a large trade surplus, defying global challenges and trade tensions. Chinese exports climbed significantly...
- Stripe, Advent offer to buy PayPal for more than $53 billion, sources sayPayments firm Stripe and Advent International have jointly offered to buy PayPal. Their offer values the company at over fifty-three billio...
- India backs Palestine's UN bid, declares aidIndia supports Palestine's United Nations membership bid and a two-state solution. Fresh humanitarian aid for Palestinians was announced by...
- CCI finds laptop maker HP rigged bids, levies Rs 14.28 crore penaltyThe Competition Commission of India imposed a Rs 14.28 crore penalty on HP India and its resellers. This action followed findings of cartel...
- Nippon Paint offers $8.6 billion for AkzoNobel unit, Bloomberg News reportsNippon Paint has reportedly made new offers for AkzoNobel's decorative paints unit. The latest proposal values the business at approximatel...
- HR offered Rs 60,000 instead of Rs 75,000 the candidate asked for. Two months later, employee resigned. Manager says, 'You should have informed...'A Delhi-based startup co-founder shared how a candidate earning Rs 58,000 a month accepted a Rs 60,000 offer despite believing their skills...
- Quote of the day by Hetty Green: "There is no great secret in fortune making. All you have to do is to buy cheap and sell dear, act with thrift and shrewdness and then be persistent"Hetty Green's century-old advice on wealth creation remains relevant today. Investors should buy undervalued assets and sell them at higher...
- Crax maker DFM Foods up for grabs as Advent scouts buyersAdvent International is negotiating to sell its majority stake in DFM Foods. Several consumer goods companies and private equity firms are ...
- How to strengthen Indian rupee without a rate hikeThe Indian Rupee has depreciated significantly against the US Dollar since early 2025. Measures were introduced to boost capital inflows an...
- Lockheed Martin to buy Ultra Maritime for $3.45 billionUltra Maritime will become a part of Lockheed's rotary and mission systems, which reported revenue of $17.3 billion in 2025 and employs 35,...
- Prestige Estates buys 50% stake in Advent Convention and Hotels International for Rs 504 crorePrestige Estates Projects Ltd is set to enhance its market presence by securing a 50% stake in Advent Convention and Hotels International L...
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