Category: unit
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UnitedHealth expects bigger hit to profit from tech unit hack By Reuters
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Written by Sriparna Roy, Mariam Sani and Amina Niasse (Reuters) – UnitedHealth Inc on Tuesday forecast a bigger hit to its annual profit from a February hack at its technology unit, but maintained its full-year earnings forecast. Shares of the Minnetonka, Minnesota-based company rose about 6% to $544.32 after it…
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Carlyle in talks to buy Baxter’s kidney care unit, source says By Reuters
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(Reuters) – Private equity firm The Carlyle Group Baxter International Inc (NYSE:BAX) is in exclusive talks to buy kidney care company Vantiv for more than $4 billion, including debt, a person familiar with the matter told Reuters on Friday. Shares of the Deerfield, Illinois-based company rose more than 4%. The…
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Northern Data, European Bitcoin Miner, Explores IPO for US AI Unit (Report)
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Northern Data AG, a German high-performance computing infrastructure company, is evaluating the possibility of launching an initial public offering (IPO) in the United States for its cloud computing and data center units. The potential value of this IPO could reach $16 billion. According to According to Bloomberg News sources. Northern…
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Northern Data Weighs AI Unit US IPO at Up to $16 Billion Value
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Breadcrumbs Path Links PMN Business Northern Data AG is talking to potential advisers about a U.S. initial public offering of its combined artificial intelligence, cloud computing and data center businesses that could fetch a valuation of as much as $16 billion, according to people familiar with the matter. Article author:…
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ByteDance to layoffs staff at Indonesian e-commerce unit (Private:BDNCE)
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JHVEPhoto/iStock Editorial via Getty Images Update: The story has been updated with a statement from ByteDance. ByteDance (BDNCE) has confirmed that it will lay off some employees at its Indonesian e-commerce units Tokopedia and ShopTokopedia. The move comes after TikTok’s parent complete The transaction in which it was committed To…
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ByteDance to layoffs staff at Indonesian e-commerce unit (Private:BDNCE)
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JHVEPhoto/iStock Editorial via Getty Images Update: The story has been updated with a statement from ByteDance. ByteDance (BDNCE) has confirmed that it will lay off some employees at its Indonesian e-commerce units Tokopedia and ShopTokopedia. The move comes after TikTok’s parent complete The transaction in which it was committed To…
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China Evergrande liquidators in talks to sell stake in EV unit
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Wenjin Ling/E+ via Getty Images China Evergrande’s (OTCPK:EGRNF) liquidator is in talks with a third-party buyer to sell a stake in the troubled property developer’s electric vehicle unit. This news led to a rise in Hong Kong-listed China Evergrande New Energy Vehicle Group shares about 87%. if After the deal…