Playtika in Talks to Sell SuperPlay to Tencent for Up to $1.5 Billion
The move would ease debt and remove $829M in earnout obligations.
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The move would ease debt and remove $829M in earnout obligations.
Starting 2027, Nike will sell only through its own online channels in China. Move aims to reduce fragmentation but raises risks, say analysts.
Raymond James says it's not a significant negative for JFrog and maintains Outperform rating.
Penske Corp. and Mitsui plan to acquire the remaining 27% of Penske Automotive Group at $210 per share in a $3.8 billion buyout.