The world's largest brewery, Anheuser-Busch InBev, has agreed to sell a 49.9% stake in its U.S. metal beer container plants for about $ 3 billion. The purchaser of these assets is a group of institutional investors led by the private equity firm Apollo Global Management. As noted in a statement by Apollo in connection with the conclusion of the deal, AB InBev will retain operational control...

Toyota Motor has had to close three of its plants in the UK and France due to a new strain of the coronavirus detected in Britain and the resulting border closures. According to The Japan Times, the carmaker has decided to send a plant in northern France and an engine plant near Chester, UK, on New Year's break two days earlier than planned.  Workers in both plants will begin their...

Employees of Amazon, the company by the world's richest man Jeff Bezos, started a strike in Germany over dissatisfaction with working conditions. This was reported by the Verdi union. The strike is due to last until 24 December. About 1,700 people will take part, according to the union.  Employees are protesting that the corporation continues to build up its billion-dollar profits but...

Lockheed Martin (LM) has agreed to buy rocket engine manufacturer Aerojet Rocketdyne Holdings, the US military-industrial company, the firm said in a statement. The parties expect to close the deal in the second half of 2021. Lockheed Martin has offered $56 in cash for each share. However, Aerojet management has decided to pay its current shareholders $5 as an extraordinary dividend at the...

Chinese billionaire Jack Ma is ready to share part of his business with the government if "the country needs it". Possible buyers could be state banks or other public sector investors. Billionaire Jack Ma has offered Chinese authorities and regulators any part of fintech giant Ant Group. Ma made such an offer to the government in a confidential meeting with government officials on November 2, The...

Cryptocurrency exchange Coinbase announced that it has confidentially filed an S-1 form with the US Securities and Exchange Commission (SEC), necessary to go public. The company did not provide details of the proposed offering and its representatives declined to comment on the matter. Coinbase could become the first major cryptocurrency player to go public. Coinbase's intention to go public was...

Slack will allocate $50 million to launch a new venture capital fund to finance development outside of its own platform, the Slack enterprise messenger. It was announced by Axios, citing the company's head of venture capital, Jason Spinell. According to Spinell, the fund will target its investments at companies and tools regardless of their association with the Slack messenger. This will...

SpaceX, owned by Elon Musk, is set to raise money just four months after its last round. The company hopes to be valued at twice as much as last time. Billionaire Elon Musk's SpaceX is in talks for a new investment round, two sources told Business Insider. According to them, SpaceX is discussing doubling its valuation, from $46bn to $92bn.  The investment talks are at an early stage and...

US computer games developer Electronic Arts (EA) has put forward its offer to buy UK games developer and publisher Codemasters. The offer values Codemasters at $1.2bn ($7.98 per share), which is significantly more than the offer made to the British company in November by another US game developer, Take-Two Interactive Software. In the price fight surrounding Codemasters, one of the UK's oldest...