China’s new export rules, which could delay or scuttle a sale of TikTok, have further turned giant companies into pawns in a geopolitical struggle.
Tag: Mergers, Acquisitions and Divestitures
How TikTok’s Talks With Microsoft Turned Into a Soap Opera
Neither side wanted a big deal. But what began as talks about a small investment ballooned with interventions from President Trump.
ByteDance Said to Offer to Sell TikTok’s U.S. Operations
The Trump administration has said the video app poses security concerns because of its Chinese ownership.
Microsoft Said to Be in Talks to Buy TikTok, as Trump Weighs Curtailing App
The discussions come as TikTok’s ownership by a Chinese company is under scrutiny by the White House and lawmakers.
TikTok’s Parent Said to Weigh Selling a Majority Stake in the Video App
The move would reduce ownership by a Chinese company, ByteDance, amid escalating tensions between the U.S. and China.
Chevron Deal for Oil and Gas Fields May Set Off New Wave of Mergers
With a $5 billion play for Noble Energy, the oil giant is set to acquire properties around the world for a relative bargain. Other companies might make similar moves.
Fears for Volvo Expose Sour Turn in Sweden’s Ties With China
When a Chinese manufacturer swept in to save the Swedish car marque, it was warmly welcomed. A decade later, plans for a fuller merger are being debated in a frostier atmosphere.
The Economy Is Reeling. The Tech Giants Spy Opportunity.
Many companies are retreating. But Amazon, Apple, Facebook, Google and Microsoft are placing bets to get even bigger.
Canada’s Largest Newspaper Changes Hands Amid Vow to Keep Liberal Voice
The Toronto Star’s new owners pledged to keep its tradition of championing liberal causes in a news market dominated by conservative views. Less clear? The plans for fixing the paper’s financial woes.
Uber Sells Food Delivery Business in India
The ride-hailing giant agreed to sell Uber Eats in India to rival Zomato, continuing its recent efforts to exit money-losing businesses.