Recent Posts

Alphabet finishes reorganisation with XXVI Holdings that will own Google

Bloomberg Alphabet Inc. is forming a new holding company designed to finalise its evolution from Google, the web search giant, into a corporate parent with distinct arms that protects individual businesses in far-flung fields like health care and self-driving cars. The new entity, called XXVI Holdings Inc., will own the equity of each Alphabet company, including Google. The new structure ...

Read More »

Streaming video company Roku files for US IPO

Bloomberg Roku Inc., the maker of devices and software for streaming video that was an early challenger to traditional home-entertainment providers, filed for a US initial public offering. The company listed an initial offering size of $100 million, which it said is a placeholder used to calculate fees and will probably change. IT plans to use the proceeds for general ...

Read More »

Fiat Chrysler to spin off car-part unit as no big deal on table

Bloomberg Fiat Chrysler Automobiles NV will push ahead with separating the parts business, while the carmaker doesn’t have any big deal on the table and hasn’t received any approach for a combination. “There are some activities at the component businesses which don’t belong to the car business and the group must be purified from those assets,” Chief Executive Officer Sergio ...

Read More »
Send this to a friend