Including debt, the deal is valued at about 8.4 billion.
IPOs & Markets
At this price, the owner of the workplace instant messaging app is valued at around $16 billion.
The deal is expected to trigger an open offer to public shareholders of Adani Gas.
Qualcomm Ventures AI Fund has already made its first investment via a Series A funding round of AnyVision, a face, body, and object recognition start
HNA Tourism Group will sell about 63 million shares of the 82.5 million Hilton common shares it owns in a secondary offering.
The sale comes about a year and a half after HNA bought a 25% stake in Hilton for around $6.5 billion to become its biggest shareholder.
The sale is the latest attempt by HNA to restructure its far-flung operations and raise cash by selling equity and prime real estate assets.
KKR has been taking advantage of a push by Japanese conglomerates to restructure and spin off non-core assets.
Boom is developing a 55-seat plane that it says will be able to more than halve the flight time from New York to London
This comes after the U.S. SEC sought more details from the participants about their bid
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