Latest Updates Around The World
Genius Sports has agreed to buy Legend, a digital sports and gambling media company, in a $1.2 billion transaction. Genius (NYSE: GENI) stock fell about 20% to $6.76 per share immediately after the market opened Thursday. It closed 27% lower at $6.19 per share. Genius will pay $900 million upfront, including $800 million in cash […]
Chairman of the State Bank of India Challa Sreenivasulu Setty | Photo credit: SHASHNK PARADE State Bank of India (SBI) is backing a new wave of mergers among state-backed lenders as policymakers explore ways to build scale and finance growth in the world’s fastest-growing major economy. “Further rationalization could make sense. There are still some […]
