Tag: Acquisition

Ziff Davis: Led By Management Team With Strong Acquisition Track Record (NASDAQ:ZD)

As for valuation, ZD currently trades at 7.2x forward EBITDA, about 20% lower than its 10-year average of 8.9x. I believe this 20% is warranted given the macro environment. Hence, I assumed...

Siam Commercial Bank terminates Bitkup’s acquisition deal

Popular bank Siam Commercial Bank (SCB) has terminated its deal to acquire Thailand’s crypto exchange platform Bitkub. The banking giant announced the development in its latest press release. Siam Commercial Bank previously planned...

Siam Commercial Bank Scraps $500M Acquisition Deal of Crypto Exchange Bitkub

Thailand’s oldest lender, Siam Commercial Bank (SCB) has abandoned the deal to acquire a controlling stake in Bitkub Online, the country’s largest cryptocurrency exchange ...

Robinhood lands steep 60% discount on $170M exchange acquisition: Report

Stock and crypto investment platform Robinhood has reportedly scored a 58% cut on its $170 million offer to buy crypto exchange Ziglu due to adverse market conditions.The initial offer from Robinhood came in...

Binance and WazirX disagree over ownership two years after acquisition announcement – TechCrunch

Binance, the world’s largest crypto exchange by trading volume, said on Friday it doesn’t own India-based platform WazirX despite disclosing the acquisition two and a half years ago in a move that has...

Hyundai Motor eyes acquisition of Korean lidar-free self-driving startup 42dot – TechCrunch

Hyundai Motor is considering increasing its stake in, or fully acquiring, the South Korea-based lidar-free autonomous mobility platform 42dot, the latest signal of its growing interest in the fast-growing space. A spokesperson of 42dot...

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