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Deals

China's ByteDance seeks $60 billion TikTok valuation in U.S. deal: Bloomberg News

福利网站China's ByteDance Ltd is seeking a valuation of $60 billion for TikTok as Oracle Corp and Walmart Inc take stakes in the short-video app's business to address U.S. security concerns, Bloomberg News reported on Sunday, citing an unnamed person familiar with the matter.

Rolls-Royce plans to raise up to £2.5 billion as COVID-19 bites

福利网站Britain's Rolls-Royce Holdings Plc said on Saturday it was looking to raise up to 2.5 billion pounds ($3.2 billion) in an effort to strengthen its balance sheet.

Exclusive: Playboy explores deal to return to the stock market

Playboy magazine owner Playboy Enterprises is exploring options that include going public through a merger with a blank-check acquisition company, according to people familiar with the matter.

Unity Software soars in blockbuster NYSE debut

福利网站Shares of Unity Software Inc soared in their debut on the New York Stock Exchange on Friday, giving the gaming platform a market value of around $18 billion and signaling sustained demand for new stocks.

ByteDance plans TikTok IPO to win U.S. deal as deadline looms: sources

China's ByteDance is planning a U.S. initial public offering of TikTok Global, the new company that will operate the popular short video app, should its proposed deal be cleared by the U.S. government, people familiar with the matter said on Thursday.

LVMH submits disputed Tiffany takeover for EU clearance

LVMH said on Friday it had submitted its troubled takeover of Tiffany, which is now at the centre of a legal dispute between the two groups, for EU approval as it seeks to counter accusations that it deliberately stalled antitrust proceedings.

Saudi Arabia's SIIG and Petrochem in merger talks

福利网站Saudi Arabian petrochemicals companies Saudi Industrial Investment Group (SIIG) and the National Petrochemical Company (Petrochem) have begun talks over a potential merger, they said on Sunday.

Palihapitiya-backed blank-check firms look to raise $2 billion through IPOs

Three blank-check companies, backed by venture investor Chamath Palihapitiya, are looking to raise a total of $2 billion through initial public offerings, regulatory filings showed on Friday.

LATAM Airlines obtains approval on second try for key $2.45 billion loan package

福利网站LATAM Airlines on Friday said it had obtained approval on its second try of a crucial $2.45 billion bankruptcy loan to take the airline out of Chapter 11 restructuring, after having its first package rejected by a judge last week.

U.S. approves Anheuser-Busch deal to buy Craft Brew Alliance

The U.S. Justice Department said on Friday it approved Anheuser-Busch's plan to buy the shares of Craft Brew Alliance that it does not already own.

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