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Scandal hit ride-sharing company Uber on Sunday announced a deal to sell a stake to Japan's SoftBank, as the firm looks to turn a new page ahead of its planned IPO by 2019. The move was unveiled shortly after reports emerged that its former CEO Travis Kalanick and an influential investor had buried the hatchet in a long feud that paved the way for the acquisition. "We believe this agreement is a strong vote of confidence in Uber's long-term potential," it added.
Original Article: Uber gives green light for sale of stake to Japan's SoftBankNEXT ARTICLE
Mergers & Acquisitions
Commercial and market reports on mergers and acquisitions in the biotechnology, pharmaceutical, medical device and life-science industries. Mergers and acquisitions (abbreviated M&A;) is an aspect of corporate strategy, corporate finance and manageme...
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Commercial and academic collaborations are used throughout the biotechnology and pharmaceutical sector to enhance research and product development. Collaborations can take the form of research and evaluation agreements, licensing, partnerships etc. ...