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M&A
M&A
Uber Buys Postmates in Food Delivery Bet
The $2.65 billion deal will expand Uber's delivery business as its core ride-sharing service sees "massive headwinds" due to COVID-19.
M&A
Berkshire Hathaway to Buy Dominion Energy
The conglomerate will spend $4 billion to buy the power and energy company’s natural gas transmission and storage business.
M&A
Lululemon Sees Fitness Future in Mirror
The athletic wear retailer is buying startup Mirror as the market for in home workout solutions booms amid the COVID-19 pandemic.
M&A
BP Sells Petrochemicals Business to Ineos for $5B
The energy giant said it met its goal to divest $15 billion a year ahead of schedule.
M&A
Ally Financial’s Takeover of CardWorks Called Off
The companies agreed to terminate the $2.7 billion deal, citing the "unprecedented" impact of the COVID-19 pandemic.
Applications
Mastercard to Buy Finicity
The companies said the deal would strengthen Mastercard’s "open banking" capabilities.
Applications
ServiceNow Buys Data Management Startup
The acquistion of Sweagle will enable ServiceNow to identify and help prevent software configuration glitches that can cause outages.
M&A
KKR to Buy Dutch Vacation Company Roompot
The target’s revenue has fallen during COVID-19 but the company has recently seen a jump in domestic demand.
M&A
KKR to Buy Borden Dairy Out of Bankruptcy
The winning bid was led by the former CEO of Borden rival Dean Foods.
M&A
Cinema Chain Merger Heads for Court Fight
Cineplex accuses Cineworld of "buyer's remorse" and seeking to avoid its obligations under the merger agreement because of the COVID-19 pandemic.
M&A
Grubhub to Merge with Just Eat Takeaway
The deal comes as talks with Uber fell through over concerns about antitrust approval.
M&A
Zynga to Buy Peak Games for $1.8B
The deal would be Turkey’s first ‘unicorn’ acquisition.
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