A day after unloading its self-driving vehicle unit, Uber Technologies Inc. Silicon Valley startup Joby Aviation said it would acquire Uber Elevate, and that Uber has agreed to invest 75 75 million as part of the deal. Joby told Uber UBR, -1.47% It had previously invested an undisclosed $ 50 …
Read More »US Steel will buy the rest of the new, low-cost steel mill
United States Steel Corp. Big has agreed to acquire the remaining .10.1% stake in Big River Steel LLC for 74 million, giving the steelmaker ownership of one of the country’s newest, most advanced steel mills. Osola, Arch of the Big River. Owned by Mills, US Steel rivals Newcore Corp., one …
Read More »Goldum Sachs China Securities will acquire 100% of the joint venture
Goldam Sachs Group Inc. China is moving to acquire 100% ownership of its securities joint venture, deepening its investment in the world’s second-largest economy after a 17-year partnership with domestic brokerage. New York-based bank Goldm Sachs is applying to Chinese regulators for full control of the securities and has signed …
Read More »UK betting firm Genius Sports to go public in B 1.5 1.5 billion SPAC deal
Genius Sports Group Ltd., a UK betting-data company Merged with a blank-check company to start trading on the New York Stock Exchange for billion 1.5 billion, targeting U.S. growing industries London-based Genius Sports collects and distributes sports data that forms the backbone for sports betting. The company works with organizations …
Read More »The first citizens to buy CIT Group
First Citizens Bankshares Inc. FCNCB 16.66% Said on Friday that it plans to buy CIT Group Inc. C.I.T. 27.94% In all-stock deals worth about 2 2.7 billion. The combination of New York City-based Raleigh, NC and CIT-based First Citizens Will create more than 100 billion in assets from one of …
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