Bloomberg EBay Inc is selling its ticket marketplace StubHub to European rival Viagogo for $4.05 billion in cash, allowing the company to focus on its main retail site and address pressure from shareholder activists. Starboard Value and Elliott Management Corp, the New York-based hedge fund run by billionaire Paul Singer, earlier this year proposed a plan to improve EBay’s performance, ...

Bloomberg Anta Sports Products Ltd is considering a sale of its fitness equipment brand Precor Inc after receiving approaches from potential buyers, according to people familiar with the matter. The biggest sportswear maker in China is working with an adviser for a potential sale of the US business that could fetch about $500 million, said the people, who asked not ...

Bloomberg An order for IndiGo to ground some of its Airbus SE A320neo planes for engine upgrades could impede the expansion of one of the world’s fastest-growing airlines. For every addition to its fleet, IndiGo must ground an A320neo plane that hasn’t had its Pratt & Whitney engines modified, the Directorate General of Civil Aviation (DGCA) said following a series ...