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Gaming

Tencent Is Reportedly Looking To Become Ubisoft’s Biggest Shareholder

Chinese conglomerate Tencent is reportedly planning to increase its stake in Ubisoft, the French publisher and developer of games such as Assassin’s Creed, Far Cry, and many more titles. According to sources that spoke to Reuters, Tencent has reached out to Ubisoft’s founding Guillemot family and intends to become the single largest stakeholder in Ubisoft. […]

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Business

Spirit shareholder vote finally underway on Frontier deal clouded by rival JetBlue bid

A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines shareholders were finally voting Wednesday on a planned tie-up with Frontier Airlines, a deal that has been on the rocks following a rival bid from […]

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Finance

Platform boosts investors’ participation in shareholder votes

The number of do-it-yourself investors on the Interactive Investor platform who voted on shareholder resolutions soared after the company automatically opted all of its customers into a voting and information service. The shift could encourage campaigners who have battled for greater participation by retail savers in shareholder votes, including on corporate pay, strategy and environmental, […]

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Business

Nikola adjourns shareholder meeting, again, as founder Trevor Milton blocks stock-issue plan

CEO and founder of U.S. Nikola, Trevor Milton speaks during presentation of its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy December 2, 2019. Massimo Pinca | Reuters Electric truck maker Nikola once again fell short of winning shareholder approval to raise new funds, the […]

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Finance

Aston Martin to raise £653mn as Saudi Arabia becomes major shareholder

Aston Martin will raise £653mn in fresh investment by bringing in Saudi Arabia as a major shareholder and launching a rights issue after rejecting an offer handing control of the luxury carmaker to China’s Geely and its former owner Investindustrial. Saudi Arabia’s sovereign wealth fund the Public Investment Fund will take a 16.7 per cent […]

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Business

Spirit Airlines delays vote on Frontier deal again amid concerns about lack of shareholder support

Passengers check in at the Spirit Airlines counter at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines has delayed a vote on its planned tie-up with Frontier Airlines for a fourth time as concerns mount about a lack of shareholder support. Spirit said […]

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Business

Spirit again delays shareholder vote on Frontier deal, another win for rival suitor JetBlue

A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines is again delaying a shareholder vote set for Friday on its deal to merge with Frontier Airlines, another postponement and a win for competing suitor […]

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Business

Nikola tries again to win shareholder support to issue new stock – over objections of its disgraced founder

CEO and founder of U.S. Nikola, Trevor Milton speaks during presentation of its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy December 2, 2019. Massimo Pinca | Reuters Electric truck startup Nikola is making another attempt Thursday to clear a shareholder hurdle to raise new […]

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Business

Spirit delays shareholder vote on merger hours before meeting to continue deal talks with Frontier, JetBlue

A Spirit Airlines plane on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines on Wednesday delayed shareholder vote on its proposed merger with Frontier Airlines until July 8, hours before a meeting scheduled for Thursday so it can further discuss […]

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Business

JetBlue ups offer for Spirit Airlines as shareholder vote on Frontier bid approaches

LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC JetBlue Airways again increased its offer for Spirit Airlines as a shareholder vote for the discounter’s deal to merge with Frontier is just days away. This is breaking news. Please check back for updates. Source link