Tag: sources
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PayPal board sees Stripe-Advent offer as inadequate, sources say
(Refiiles to remove duplication of Stripe no comment)By Milana Vinn and Manya SainiJuly 16 : PayPal’s board sees a $53 billion takeover bid by rival Stripe and private equity firm Advent International as undervaluing the company and facing regulatory and financing hurdles, a person familiar with th
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SK Hynix options to trade two business days after Nasdaq debut, sources say
July 10 : U.S. exchange operators including Cboe Global Markets and Nasdaq expect to list options on SK Hynix’s U.S.-listed shares two business days after the stock’s trading debut, two sources familiar with the matter told Reuters on Friday.The South Korean chipmaker , which raised $26.5 billion in share sal
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BOJ may raise growth forecast, maintain vigilance to inflation risk, sources say
TOKYO, July 10 : The Bank of Japan may revise up its economic growth forecast for fiscal 2026 and keep its focus on the risk of an inflation overshoot as rising costs from a weak yen and strong AI demand offset some of the declines in oil prices, said three sources familiar with its thinking.The…
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Synopsys to cut chip fab manufacturing control software in shift to AI design, sources say
SEOUL, July 7 : U.S. chip design giant Synopsys plans to stop offering a suite of manufacturing process control software used by global semiconductor makers, six sources briefed on the matter said, as it seeks to divert resources to higher-margin offerings such as AI design. Synopsys in April and May informed
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Italy reshapes national cloud company as Leonardo, Poste target control, sources say
MILAN/ROME, July 6 : Italian defence group Leonardo is preparing to increase its stake in the company that manages cloud services for Italy’s public administration by acquiring an additional 10 per cent from state-owned IT company Sogei, sources told Reuters.Leonardo, which already owns 25 per cent of the so-
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Exclusive-Japan shifts to ambush intervention tactics against yen short sellers, sources say
TOKYO, July 2 : Japanese officials are abandoning their habit of telegraphing intervention risks, instead signalling a more targeted campaign to squeeze speculators and raise the cost of betting against the battered yen, two sources familiar with the matter said.Departing from the calibrated jawboning that pr
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Exclusive-Kawasaki Heavy plans to raise $1.2 billion via new shares and convertible bonds, sources say
TOKYO, July 1 : Japan’s Kawasaki Heavy Industries is finalising plans to raise about 200 billion yen ($1.23 billion) by issuing new shares and convertible bonds to fund capital expenditure, according to two sources familiar with the matter. The company will decide on the details of the issuance as soon as thi
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Exclusive-Kawasaki Heavy plans to raise $1.2 billion through new shares, CBs, sources say
TOKYO, July 1 : Japan’s Kawasaki Heavy Industries is finalising plans to raise about 200 billion yen ($1.23 billion) by issuing new shares and convertible bonds to fund capital expenditure, according to two sources familiar with the matter. The company will decide on the issuance as soon as this week, the so
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Exclusive-Activist Jana Partners has new stake in Everpure, sources
NEW YORK, June 30 : Activist investor Jana Partners has built a new position in technology company Everpure and is expected to soon announce the holding in a regulatory filing, according to two sources and documents reviewed by Reuters.The hedge fund began building its position in the first quarter of 2026 bu
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Exclusive-UK in advanced talks with Nissan over Sunderland plant support, sources say
TOKYO/LONDON, June 18 : The British government is in advanced talks with Japanese carmaker Nissan about providing it financial support in return for a long-term commitment and investment in its Sunderland plant, five sources with knowledge of the discussions said. Any funding for the struggling automaker wil
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