Toshiba CEO resigns, shares surge on bidding war expectations

TOKYO (Reuters) – Toshiba Corp CEO Nobuaki Kurumatani resigned on Wednesday amid controversy over a $20 billion buyout bid from CVC Capital Partners and the conglomerate’s shares surged on reports that more suitors were planning offers.FILE PHOTO: Toshiba Corp CEO

Reddit to buy TikTok rival Dubsmash

FILE PHOTO: Reddit mascots are displayed at the company’s headquarters in San Francisco, California April 15, 2014. REUTERS/Robert Galbraith/File Photo(Reuters) – Social network firm Reddit said here on Sunday it would buy short-video platform Dubsmash, becoming the latest company to

AstraZeneca to buy Alexion for $39 billion to expand in immunology

FRANKFURT (Reuters) -Britain’s AstraZeneca has agreed to buy U.S. drugmaker Alexion Pharmaceuticals for $39 billion in its largest- ever deal to bolster its positions in immunology and rare diseases.Vials of AstraZeneca’s COVISHIELD, coronavirus disease (COVID-19) vaccine are seen inside a