Tencent Holdings’ buyback spree is failing to revive investor sentiment over the online gaming giant, whose shares are languishing near a 2018 low.
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Zendesk shareholders have approved a $10.2-billion planned acquisition of the software maker by a group of private equity firms.
Investors have argued that Adobe overpaid for a company that was valued at about $10-billion in a private fundraising a little over a year ago.
Adobe has agreed to buy software design start-up Figma in a deal valued at $20-billion to help it expand tools for creative professionals.
Tencent Music Entertainment Group is pressing ahead with its Hong Kong listing plans.
African Rainbow Capital Investments has attached a valuation to wireless Internet operator Rain of R17.9-billion, a 7.9% increase over last year’s figure.
Global technology stocks are treading on shaky ground despite last week’s rally, as chip makers signal more trouble may be ahead.
Sanari Capital has announced the first close of a new, R475-million private equity fund for investment in South African growth companies.
Tencent shares worth $7.6-billion have appeared in Hong Kong’s clearing and settlement system, spurring speculation.
For early backers, including Naspers, they’ve been some of the most profitable Chinese stock investments of all time.