(Reuters) – Anaplan Inc said on Monday private-equity firm Thoma Bravo had lowered its takeover offer for the software maker to $9.60 billion from $10.7 billion. Anaplan’s shares, which have risen nearly 44% this year, were down about 4% in premarket trading. The company’s shareholders will now receive $63.75 per share, compared with the previous…
(Reuters) -JetBlue Airways Corp on Monday improved its offer to buy smaller rival Spirit Airlines Inc, as the battle for the low-cost carrier intensifies. Under the improved proposal, JetBlue offers Spirit’s shareholders $31.50 per share in cash, which is comprised of $30 per share at deal close and the prepayment of $1.50 per share of…
(Reuters) – JetBlue Airways Corp said on Monday the airline has submitted an improved proposal to acquire Spirit Airlines Inc. The proposal offers Spirit’s stockholders superior value and prepayment of $1.50 per share of the cash consideration, JetBlue said. (Reporting by Aishwarya Nair in Bengaluru)
DUBLIN (Reuters) – Ryanair is requiring South African passengers to prove their nationality before travelling by completing a test in Afrikaans, a language used by just by 12% of the population that has long been identified with apartheid and the white minority. Europe’s largest airline by passenger numbers, which does not operate flights to and…
By Byron Kaye SYDNEY (Reuters) -An Australian court on Monday ordered Google to pay a former lawmaker A$715,000 ($515,000), saying its refusal to remove a YouTuber’s “relentless, racist, vilificatory, abusive and defamatory” videos drove him out of politics. The Federal Court found the Alphabet Inc company intentionally made money by hosting two videos on its…
(Reuters) – Chinese regulators are concluding their probes into Didi Global Inc, preparing to allow the ride-hailing company’s mobile app back on domestic app stores as early as this week, the Wall Street Journal reported on Monday. Didi’s U.S. shares rose 46% in pre-market trade. Last year, the Cyberspace Administration of China (CAC) ordered app…
By Susan Mathew (Reuters) -European shares rose strongly on Monday, helped by banks and commodity-linked stocks, while investors kept an eye out for U.S. inflation data and details from a European Central Bank meeting later this week. The pan-European STOXX 600 index rose 0.8% after ending 0.9% lower last week on concerns about economic growth,…
(Reuters) – European shares rose on Monday helped by miners and luxury stocks as China eased more COVID-19 restrictions, while investors kept an eye out for U.S. inflation data and details from a European Central Bank meeting later this week. The pan-European STOXX 600 index rose 0.6% by 0719 GMT after ending 0.9% lower last…
(Reuters) -British drugmaker GSK said on Monday its vaccine, Priorix, was approved by the U.S. Food and Drug Administration (FDA) for the prevention of measles, mumps and rubella (MMR) in those aged one year and above. The vaccine can be given as two doses, and may also be administered as a second shot to individuals…
BEIJING (Reuters) -China’s Ant Group, a financial technology (fintech) giant controlled by billionaire Jack Ma, on Monday said it has launched a digital wholesale bank incorporated in Singapore, dubbed ANEXT Bank. ANEXT received approval from the Monetary Authority of Singapore (MAS) to commence business on June 2, Ant and wholly owned ANEXT said in a…
