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Daily News for Dealmakers

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Day: November 10, 2022

Read Elon Musk’s first email to all Twitter employees: Remote work over, company needs subscriptions to survive downturn [Mergers]

  • November 10, 2022
  • 0 Comments
  • By CorpDev
In his first companywide email to Twitter employees, new owner and CEO Elon Musk said he was ending the social network's "work from home forever" policy. Now, according to the email obtained by CNBC,...
Posted in Deal Drama

FTC says it’s tracking developments at Twitter with ‘deep concern’ after key security departures [Mergers]

  • November 10, 2022
  • 0 Comments
  • By CorpDev
The Federal Trade Commission is closely watching Twitter's moves under new owner Elon Musk, a spokesperson said in a statement Thursday. The agency struck a settlement with Twitter earlier this year,...
Posted in Technology, Media and Telecom

FTC says it’s tracking developments at Twitter with ‘deep concern’ after key security departures [Mergers]

  • November 10, 2022
  • 0 Comments
  • By CorpDev
The Federal Trade Commission is closely watching Twitter's moves under new owner Elon Musk, a spokesperson said in a statement Thursday. The agency struck a settlement with Twitter earlier this year,...
Posted in Big Deal
Brazilian Soccer League to Sell Rights for $971m to Mubadala Capital [Private Equity Insights]

Brazilian Soccer League to Sell Rights for $971m to Mubadala Capital [Private Equity Insights]

  • November 10, 2022
  • 0 Comments
  • By CorpDev
The Brazilian Football League (Libra), one of two groups proposing new structures for soccer in the country, has confirmed it is in talks to sell a stake in its proposed competition to UAE investment...
Posted in International
Rio Tinto’s bid for Turquoise Hill hits snags [Mergers & Acquisitions]

Rio Tinto’s bid for Turquoise Hill hits snags [Mergers & Acquisitions]

  • November 10, 2022
  • 0 Comments
  • By CorpDev
Regulators cite ‘public interest concerns’ and shareholders object to offer for mining group with stake in Oyu Tolgoi project Source Author: unknown
Posted in Energy & Utilities
Brookfield gathers $125bn war chest as CEO sees recession [buyout/ takeover]

Brookfield gathers $125bn war chest as CEO sees recession [buyout/ takeover]

  • November 10, 2022
  • 0 Comments
  • By CorpDev
Brookfield Asset Management’s earnings declined as volatile markets weighed on valuations of private assets, but the firm says it’s still on track for its biggest year of fundraising ever....
Posted in Private Equity
FTX looks for $9.4 bln in rescue funds from investors, rivals -source [Deals Market Headlines | Breaking Stock Market News | Reuters]

FTX looks for $9.4 bln in rescue funds from investors, rivals -source [Deals Market Headlines | Breaking Stock Market News | Reuters]

  • November 10, 2022
  • 0 Comments
  • By CorpDev
Nov 10 (Reuters) - FTX is scrambling to raise about $9.4 billion from investors and rivals, a source said on Thursday, as Chief Executive Sam Bankman-Fried urgently seeks to save the cryptocurrency...
Posted in Financial Services

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