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Thomas Cook in talks with China"s Fosun over tour operator sale
China's Fosun Tourism has made a preliminary approach to Thomas Cook to buy its tour operator business, sending shares in the struggling British travel group higher......»»
London Markets: SoftBank’s $2.3 billion deal pushes shares in e-commerce group higher as London stocks slump
Japanese investment giant Softbank’s $2.33 billion investment in THG prompted shares in the online fashion retailer to soar on Tuesday, far outpacing other stocks in London, which faced a down day of trading......»»
Rigel Pharma shares soar 39% premarket on news of deal with Eli Lilly
Rigel Pharmaceuticals Inc. shares soared 39% in premarket trade Thursday, after the company said it has agreed to partn.....»»
UPDATE: Myovant shares soar 20% premarket on news of Pfizer cancer drug deal worth up to $4.2 billion
Shares of Myovant Sciences soared 20% in premarket trade Monday, after its parent Sumitovant Biopharma said Myovant wi.....»»
Myovant shares soar 16% premarket on news of Pfizer cancer drug deal worth up to $4.2 billion
Shares of Myovant Sciences soared 16% in premarket trade Monday, after its parent Sumitovant Biopharma said .....»»
Qantas shares soar on financing deal as rivals cut more capacity
Qantas Airways Ltd on Wednesday secured A$1.05 billion ($627.8 million) against its aircraft fleet to help it ride out the coronavirus crisis, sending shares up 30%, as airlines in the Asia-Pacific region sliced away capacity and jobs......»»
Passage Bio shares soar 19% in their trading debut despite massive market selloff
Passage Bio Inc. shares soared 19% in their trading debut Friday, after an initial public offering that priced at the top end of the $16 to $18 price range. Despite the turmoil in the market this week, the company upsized the deal to 12 mill.....»»
Shares and sterling soar as trade and Brexit fog lifts
Stocks rose and the pound gained on Friday as the prospect of a China-U.S. trade deal and an election victory for Britain's Brexit-backing Conservative Party cleared two of the darkest clouds on the global investment horizon......»»
PG&E shares soar on deal with wildfire victims
PG&E stock jumped almost 16% Monday, hitting a two-month high after the San Francisco utility said it had reached a deal to settle with wildfire victims for $13.5 billion. The deal, announced after the stock market closed in New York Friday, is se.....»»
Tiffany"s is set to soar 6% after accepting a $16.2 billion takeover by LVMH
Reuters Shares in Tiffany & Co and LVMH jumped on Monday after the pair agreed a $16.2 billion merger, the largest luxury deal in history. The US jewelry retailer accepted an offer of $135 in cash per share from the French luxury-goods giant, aft.....»»
Carbonite shares soar 25% after OpenText deal; OpenText up 1.6%
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
Fosun buys Thomas Cook brand for £11 million
Chinese conglomerate Fosun has snapped up the Thomas Cook brand for £11 million ($14.2 million), weeks after the renowned British travel group went bust and left hundreds of thousands of holidaymakers stranded abroad. .....»»
Fosun buys Thomas Cook brand for £11 million
Chinese conglomerate Fosun has snapped up the Thomas Cook brand for £11 million ($14.2 million), weeks after the renowned British travel group went bust and left hundreds of thousands of holidaymakers stranded abroad. .....»»
Fosun Tourism to buy Thomas Cook, related hotel brands for $14.3 million
China's Fosun Tourism Group said on Friday it would acquire the Thomas Cook and related hotel brands for 11 million pounds ($14.25 million), in a bid to expand its presence in the tourism business......»»
Sophos Group shares soar 37% after $3.8 billion offer from US buyout group
The deal, which values Sophos at around $3.948 billion, including debt, comes four years after buyout group Apax Parners floated the company for around $1.26b billion......»»
Toymaker Jakks Pacific shares soar after reports it"s about to be acquired
Shares of Jakks Pacific Inc. soared 8.4% in Wednesday trading after media reports that the company was nearing a deal to be acquired by competitor Just Play, a deal backed by private equity firm Centerbridge Partners......»»
Reprieve for Thomas Cook"s UK stores as Hays Travel deal saves up to 2,500 jobs
Hays Travel will buy all of Thomas Cook's British travel agent shops, potentially saving up to 2,500 jobs and providing a rare boost for high streets across the country......»»
Airline shares jump after Thomas Cook collapse
European stocks sank Monday after new economic data came in worse than expected, but airline and travel shares soared on hopes some firms will pick up business following the collapse of Thomas Cook. Julian Satterthwaite reports......»»
London Markets: Thomas Cook’s liquidation wipes out travel company worth £1.85 billion just 18 months ago
Thomas Cook shares were halted Monday as the travel company filed for liquidation, wiping out a company worth over £1 billion little more than a year ago......»»
Thomas Cook folds, sparking worldwide repatriation of tourists
British travel group Thomas Cook on Monday declared bankruptcy after failing to reach a last-ditch rescue deal, triggering the UK's biggest repatriation since World War II to bring back tens of thousands of stranded passengers......»»