San Francisco, United States -- OpenAI's board chairman on Friday said it has unanimously rejected an Elon Musk-led offer to buy the hot artificial intelligence company for $97.4 billion. "OpenAI is not for sale, and the board has unanimously rejected Mr. Musk's latest attempt to disrupt his competition," chairman of the...

The drugmaker will complete its US$43bn buyout this week.

The US firm will pay US$4.8bn to acquire cancer drugmaker.

In a rescue deal, it bought SVB for a nominal price of $1.2.

Having spent months trying to break free of the $44 billion buyout contract, Elon Musk now says he is "excited" about taking over Twitter. The social media giant had filed a lawsuit to hold Musk to the terms of the deal he inked in April after the Tesla chief said...

The Saudi firm will buy UAE company for an unknown sum.

Days after disclosing it had signed a $2.65 billion equity purchase agreement with Valvoline Global Products, Mohammed Y. Al-Qahtani, Aramco’s downstream senior vice president, told media that the oil giant will complete the buyout of Valvoline in early 2023.

The 89.49% stake in Giza Systems will cost it $158m.

Canada Cartage provides national fleet solutions.

The court battle between Elon Musk and Twitter heats up as the billionaire Tesla boss accuses it of fraud, alleging the social media platform misled him about key aspects of its business before he agreed to a $44 billion buyout. The entrepreneur said he has been deceived by the company.

Twitter blamed disappointing results Friday on "headwinds," including the uncertainty imposed on the company by Elon Musk's chaotic buyout bid. The firm is locked in a legal battle with the mercurial Tesla boss over his effort to walk away from a $44 billion deal to purchase the platform, leaving the...

Saudi investor Prince Alwaleed bin Talal, who initially spurned Elon Musk’s bid for Twitter, agreed to roll his $1.89 billion stake into the deal rather than cashing out, saying Tesla chief will be an "excellent leader" for the social media company. On April 14, Alwaleed opposed Musk’s buyout bid saying...

Prince Alwaleed is one of the wealthiest businessmen in the Middle East, but Elon Musk is the richest person in the world.

Earlier this month, Elon Musk made an unsolicited bid of $43 million for Twitter, citing better freedom of speech as a motivation.

It is to ensure that he doesn’t get a controlling stake in Twitter.

Alturki Holding oil arm, the Saudi Sawafi company, has bought out Newsco, the US drilling services company, for an undisclosed sum of money.

Blackstone, the US-based alternative investment management company, is in discussion with VFS Global, the Dubai-based visa outsourcing company, to buy it out for $1.2 billion.

Aramex, the Dubai-listed courier agency, is in talks with MNG Kargo, the Turkish delivery company, to buy it completely for close to $500 million.

Dubai’s Alcazar Energy Partners, a wind and solar developer, has been bought out by the state-owned Chinese company Three Gorges South Asia Investment Ltd. for $500 million.