Tencent drops investment plans for China's VIPKid

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Source: Dukascopy Bank SA
Tencent Holdings has scrapped its plans for a $150M investment in the Chinese education company VIPKid amid Beijing's intention to tighten the online education platforms' oversight.
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Thu, 29 Aug 2019 12:55:46 GMT

Sony sells back its 5% stake in Olympus Corp

Sony Corp is planning to sell back its 5% stake to the Japanese medical and imaging equipment maker, Olympus Corp, for $762.88M, following Third Point LLC's call for such a move.

Thu, 29 Aug 2019 11:06:53 GMT

CityFibre launches bid for TalkTalk's FibreNation

Goldman Sachs-backed CityFibre, the UK broadband operator, has launched a bid for the rival TalkTalk's network firm FibreNation, according to a Sky News report.

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