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Perpetual rejects the Regal Consortiums $ 2.1 billion offer

According to the most recent offer, Perpetual Limited is worth about $2.1 billion, or about $400 million higher than it was last valued on the market.

According to the most recent offer, Perpetual Limited is worth about $2.1 billion, or about $400 million higher than it was last valued on the market. It comes one week after a $1.7 billion offer from Regal and BPEA Private Equity Fund VIII. The latest rejection from Regal Partners has been called disappointing, despite the investment managers insistence that the transaction is appealing. While all of this is going on, Pendal, the target of Perpetual, has informed shareholders that it will proceed with the judicial hearings into the acquisition. Read More..

B2B Tech News | 2 years ago          

Messibacked gaming company begins cooperation with FIFA

Matchday, a social gaming startup, has collaborated with FIFA and FIFPRO to deliver football experiences to its platform. Matchday will release a FIFA

Matchday, a social gaming startup, has collaborated with FIFA and FIFPRO to deliver football experiences to its platform. Matchday will release a FIFAlicensed product, Matchday Challenge FIFA World Cup Qatar 2022 Edition, in 2022, followed by a casual mobile game in 2023. The company will sell these player cards, which will feature the official name, image, and likeness of professional mens and womens football players, using blockchain technology. Read More..

B2B Tech News | 2 years ago          

Microsoft cofounder Paul Allens art collection exceeds $1.5 billion at auction

Paul G. Allen Collection 60 pieces were sold by Christies for more than $1.5 billion on Wednesday night. Georges Seurats Les Poseuses, Ensemble, amo

Paul G. Allen Collection 60 pieces were sold by Christies for more than $1.5 billion on Wednesday night. Georges Seurats Les Poseuses, Ensemble, among five other works of art, exceeded the $100 million milestone. A treasure trove of works spanning 500 years might be found in Paul Allens collection. La Montagne SaintVictoire by Paul Cezanne sold for $137.8 million. Verger avec Cypres, a work by Vincent van Gogh, for $117 million. Madonna of the Magnificat, a Botticelli piece, is valued at $48 million. Read More..

B2B Tech News | 2 years ago          

Carousell Media launches advertising service for brands

The advertising division of the online marketplace, Carousell Media Group, has introduced a digital ad service to assist marketers. Advertisers may ef

The advertising division of the online marketplace, Carousell Media Group, has introduced a digital ad service to assist marketers. Advertisers may efficiently enhance traffic to their stores and sales with the help of the new function. Retail media, according to Carousell, is the ad market that is expanding the quickest globally. Read More..

B2B Tech News | 2 years ago          

Volvo unveils new $80,000 electric SUV with Luminar lidar

The sevenseat SUV is Volvos new flagship vehicle, with prices starting just under $80,000. The cars production in the United States is set to begin ne

The sevenseat SUV is Volvos new flagship vehicle, with prices starting just under $80,000. The cars production in the United States is set to begin next year in South Carolina. The car is the first to include a lidar technology as standard equipment in a commercially manufactured vehicle. The choice by Volvo to include lidar as standard equipment in the EX90 will help support future revisions to the vehicles driverassist software and, eventually, selfdriving software. Volvo intends to unveil one new fully electric vehicle per year as it advances toward offering just EVs by 2030. Read More..

B2B Tech News | 2 years ago          

Australian script screen spending breaks records again, peaking at $2.29 billion

The 32nd annual Drama Report from Screen Australia was released today. The increase is being driven by a record amount spent on Australian theatrical

The 32nd annual Drama Report from Screen Australia was released today. The increase is being driven by a record amount spent on Australian theatrical movies. Spending on international films and TV/VOD was cut in half, from $511 million to $251 million. Graeme Mason, CEO of Screen Australia, called it a amazing milestone for the industry. Foreign productions shot in Australia reached a new high of $777 million last year, led by Ticket to Paradise and Joe vs Carole. The total spend on foreign production fell from last years record of $445 million to $445 million, but remains healthy in comparison to the fiveyear average. Read More..

B2B Tech News | 2 years ago          

Coupangs video streaming arm will be shut down in Singapore and Seoul

Coupang Play, a South Korean subscriptionbased videostreaming service operated by ecommerce player Coupang, is searching for new employees. The compan

Coupang Play, a South Korean subscriptionbased videostreaming service operated by ecommerce player Coupang, is searching for new employees. The company has been developing a content library that includes TV shows, movies, live sports, kids shows, and educational items. Coupang just reported an operating profit of US$77 million in the third quarter, its first ever. Read More..

B2B Tech News | 2 years ago          

Elon Musk sells $3.95 billion worth of Tesla shares

Elon Musk, who paid $44 billion for Twitter, sold 19.5 million shares of the electric vehicle manufacturer between November 4 and November 8. Since Ap

Elon Musk, who paid $44 billion for Twitter, sold 19.5 million shares of the electric vehicle manufacturer between November 4 and November 8. Since April, Musk has sold shares of Tesla stock totaling more than $19 billion. According to Forbes, his personal net worth fell below $200 billion on Tuesday, although he is still the richest man in the world. Read More..

B2B Tech News | 2 years ago          



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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