Xerox has finally dropped its hostile takeover bid for HP Inc. because of the market uncertainty stemming from the coronavirus outbreak. The company announced yesterday that it was withdrawing its tender...
The deal is expected to face regulatory challenges due to potential antitrust implications
The regulator is seeking comments on the impact of the deal on competition in the UK
The company is betting $28 billion on remote working
OneWeb's emergence from bankruptcy means buyout by the UK government and Bharti Global can go ahead.
Both firms expect the deal to close at the end of 2021