Browsing Tag
takeover
9 posts
Man Utd takeover talks: Jim Ratcliffe’s Ineos group wants control of football operations
Man Utd takeover latest: What next for Sir Jim Ratcliffe's potential investment?Sir Jim Ratcliffe's Ineos group wants to assume control of the football operations side of Manchester United's business from the Glazer family if a 25% offer worth an estimated £1.3bn is approved.The British billionaire is thought to be increasingly confident of securing what he
Elon Musk says Twitter takeover is on hold but he’s still committed to the acquisition
Remember when Elon Musk announced he was buying Twitter and that bombshell then reverberated across the social network for days on end? Well, today is another interesting day in this saga, as Musk revealed that the deal is "temporarily on hold", pending "details supporting calculation that spam/fake accounts do indeed represent less than 5% of…
Hostile takeover in the cell: Pathogens hijack host mitochondria
Mitochondria are known as energy suppliers for our cells, but they also play an important role in the defense against pathogens. They can initiate immune responses, and deprive pathogens of the nutrients they need to grow. A research team led by Lena Pernas of the Max Planck Institute for Biology of Ageing in Cologne, Germany,…
Sony’s takeover of Zee Entertainment will create India’s biggest broadcaster
Two of India’s largest media companies are joining forces in a bid to dominate Indian entertainment, and take on global giants.Zee, India’s largest listed television network, is selling a majority stake of 51% to Sony Pictures Networks India, a subsidiary of Japanese conglomerate Sony. The two have “signed definitive agreements” to “combine their linear networks, digital…
Newcastle takeover by Saudi-led consortium completed
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Newcastle takeover Q&A: What happens now?
A Saudi-led consortium has completed their takeover of Newcastle United, bringing Mike Ashley's 14-year ownership of the club to an end, but what does it mean going forward?The takeover involves Saudi Arabia's Public Investment Fund (PIF) taking a controlling 80 per cent stake in the club, with the purchasing consortium led by Amanda Staveley. The…
All parties are hopeful an announcement can be made today confirming the takeover of Newcastle United.Newcastle's prospective new owners are expected to replace Steve Bruce as head coach, however how soon that will be remains to be seen. Sky Sports News has been told the Saudi-led consortium, the Premier League and Newcastle are working hard…
Saudi takeover of Premier League club Newcastle ‘expected to go through’ after Qatar drops broadcaster ban placed on Gulf state
A Saudi Arabia-backed bid for Premier League club Newcastle could finally be set to succeed after a lengthy back-and-forth saga. The purported primary reason for the dispute, involving a Qatari company, has now reportedly ended. Crown Prince Mohammed of Saudi Arabia, who is the director of the country's vast sovereign wealth fund (PIF), made a $381…
Saudi takeover of Newcastle potentially back on
The Saudi-led takeover of Newcastle United looks to be back on after the Saudi state resolved its issues with beIN Sports over illegal streaming of Premier League football.The deal that would see an end to Mike Ashley's 14-year ownership of the club still needs Premier League approval, but significant progress has been made following the…