Latest news with #DineshNair
Bloomberg
03-07-2025
- Business
- Bloomberg
McKinsey & Co. Urges CFOs to ‘Lean Into' Change
Hi, it's Dinesh Nair in London. I recently attended McKinsey & Co.'s annual gathering of global finance chiefs and caught up with some of the consulting firm's top partners. Also today, are SPACs getting their swagger back? Please note, the Deals newsletter will be taking a short break for the July 4 holiday in the US on Friday. We'll be back on Monday.
Bloomberg
03-07-2025
- Business
- Bloomberg
Summit Is in Talks for $15 Billion Partnership With AstraZeneca
By and Dinesh Nair Save AstraZeneca Plc is discussing a partnership deal with Summit Therapeutics Inc. in which it could pay as much as $15 billion over time to license a lung-cancer drug, according to people familiar with the matter. The companies have been holdings talks regarding the potential partnership over Summit's ivonescimab treatment, the people said, asking not to be identified because that matter is private. Summit has also held discussions with other major pharmaceutical firms, the people said.
Bloomberg
03-07-2025
- Business
- Bloomberg
BlackRock Weighs Selling Stake in Saudi Aramco Gas Pipelines
By Dinesh Nair and Save BlackRock Inc. is considering a sale of its stake in the leasing rights to Saudi Aramco 's natural-gas pipeline network back to the energy giant, according to people familiar with the matter. The asset manager is in talks with Aramco about a potential deal, the people said, declining to be identified as the information is confidential. The US firm will weigh other options for the asset if the discussions fail to lead to an agreement, some of the people said.
Yahoo
25-06-2025
- Business
- Yahoo
Ambarella working with bankers to explore potential sale, Bloomberg reports
Ambarella (AMBA) is working with bankers to explore potential options, including a possible sale, Bloomberg's Ryan Gould and Dinesh Nair report. The chip design company, which has a market value of about $2.3B, has reached out to potential buyers, according to people familiar with the matter, who add that the company could appeal to chip rivals interested in bolstering their automotive portfolio or private equity firms. Ambarella shares are up 19% to $61.31 in late morning trading. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on AMBA: Disclaimer & DisclosureReport an Issue Ambarella jumps 18% to $60.79 after Bloomberg report of exploring sale Ambarella working with bankers to explore potential sale, Bloomberg reports Ambarella Holds 2025 Annual Shareholders Meeting Ambarella Inc. Reports Strong AI-Driven Growth Ambarella price target lowered to $90 from $110 at Needham Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
24-06-2025
- Business
- Bloomberg
Chip Designer Ambarella Explores Potential Sale
By and Dinesh Nair Updated on Save Chip design company Ambarella Inc. is considering options including a potential sale, according to people familiar with the matter. Ambarella, which is working with bankers, has reached out to potential buyers, said the people, who asked not to be identified discussing private information. The company, whose stock rose as much as 20% on the news, has a market value of about $2.6 billion.
