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The Latest Breaking News on M&A

Micro Focus shares surge as it agrees £5 billion takeover from Canada’s OpenText

Weak pound helps draw in foreign buyers for UK PLC

Evening Standard

No accounting for Qantas crying poor, not with its solid cash flow and $3.3bn in the bank

The headlines say Qantas has recorded a loss of $1.9 billion. Yet it has launched a $400 million share buyback and holds $3.3 billion in cash. Go figure

The New Daily

Musk Lawyers Seize on Twitter Whistleblower Revelations

Elon Musk's lawyers jumped Wednesday on the revelations of a Twitter whistleblower to try to force the platform to surrender vast amounts of information for their fight to cancel the billionaire's buyout bid. The Tesla boss's team told a US judge the former Twitter security chief's allegations of major security…

Asharq Al-Awsat

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read the most diverse news in one place.

NDTV may get more time to hand over 29.18 percent stake to Adani

A day after Adani Enterprises announced the acquisition of 29.18 percent stake in NDTV, the TV news network has made two disclosures saying that the Securities and Exchange Board of India has barred its promoters Prannoy Roy and Radhika Roy from buying, selling or dealing with securities.

Newslaundry

Hot Take: Twitter Investors Should Buy The Dip Amid Whistleblower Allegations

A whistleblower complaint against Twitter Inc (NYSE: TWTR) claimed the company may not be 100% truthful with its claims of the impact of bots and spam accounts.

Benzinga

New UK company to take over running of Merseyrail

Management buyout from the state-owned rail company, Nederlandse Spoorwegen will pave the way for a new UK-based company to take over all Abellio UK’s existing services

Liverpool Echo

Monopoly fears over merger of dental businesses

CMA fears that NHS customers in Derbyshire and Yorkshire could lose out after firms join up

Birmingham Post

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Profits rise for hauliers Elddis Transport despite bumps in the road

The North East haulage firm hailed changes to its North East bases which it said showed a desired to grow

Birmingham Post

Nathan Tinkler circling Dartbrook underground mine as its debt-laden owner considers a sale

Nathan Tinkler's tilt at Dartbrook

Newcastle Herald

Elon Musk Subpoenas Former Twitter Chief Jack Dorsey

Elon Musk has served former Twitter boss Jack Dorsey with a subpoena in a hunt for material to help him get out of buying the giant social media platform for $44 billion as agreed. Records made public on Monday show Dorsey was served with a legal order to give Musk…

Asharq Al-Awsat

Elon Musk seeks documents from former Twitter CEO Jack Dorsey in takeover dispute

A trial in October should decide whether the takeover deal will go ahead

Evening Standard

What Does Jack Dorsey Know? Elon Musk Subpoenas Twitter Co-Founder Ahead Of Trial

The battle between social media platform Twitter Inc (NYSE: TWTR) and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk continues to heat up: Musk has subpoenaed former Twitter CEO Jack Dorsey ahead

Benzinga

AMC stocks drop sharply as investors sour on ‘meme-stock’ rally

Movie theatre chain fall 31% while rival Cineworld warns of potential bankruptcy filing

The Guardian - US

Cineworld confirms it is considering bankruptcy but 'no significant impact' on employees

The world's second-largest cinema chain is struggling under heavy debts

Manchester Evening News

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The Independent UK

Cineworld theater chain confirms it's considering bankruptcy

Cineworld Group says it's considering filing for Chapter 11 bankruptcy protection in the U.S. and similar actions elsewhere

Irish Mirror

Cineworld confirms it is considering bankruptcy as it struggles with debts in US

The cinema chain is going through struggles with almost $5 billion of debt.

Wales Online

Cineworld staff reassured as cinema chain confirms it is considering bankruptcy

It could come as part of a restructuring of the business which is struggling under heavy debts

Liverpool Echo

Cineworld confirms it is considering bankruptcy

The cinema chain operates 127 sites in the UK and employs 28,000 staff globally

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news in one place.

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Birmingham Post

Cineworld considering bankruptcy but no 'significant impact' on jobs

Bosses at the world’s second-largest cinema chain said its theatres would continue to trade

Evening Standard

Cineworld heads to US bankruptcy filing as debt woes mount

UK insolvency now possible -- company declines comment

AAP

Nearmap agrees to $1b private equity offer

Sydney-based aerial mapping company Nearmap has agreed to be taken over by US private equity firm Thoma Bravo in what Macquarie calls almost a done deal.

Nottingham Post

Fears over future of Nottingham Cineworld after reports chain close to bankruptcy

"We will miss it if it does go"

Nottingham Post

Cinema chain Cineworld ‘to file for bankruptcy within weeks’, reports suggest

The company has declined to comment

Manchester Evening News

Cineworld cinemas could be at risk as company 'preparing to file for bankruptcy', according to reports

The entertainment giant's market value has plummeted due to the fallout from the pandemic

The National (Scotland)

GB News's biggest backer sells stake in right-wing news channel

THE US media group Warner Bros Discovery has announced it will sell its stake in British news channel GB News.

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