sells

China’s Geely sells Saxo Bank stake to Swiss private bank – Go Health Pro

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China’s Geely sells Saxo Bank stake to Swiss private bank – Go Health Pro

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s Geely has sold its majority stake in Denmark’s €1.6bn Saxo Bank to Swiss private bank J Safra Sarasin, ending an eight-year joint venture that bet on Chinese capital markets opening up to the west.  … Read more

BlackBerry sells Cylance for $160M, a fraction of the $1.4B it paid in 2018 – Go Health Pro

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BlackBerry sells Cylance for 0M, a fraction of the .4B it paid in 2018 – Go Health Pro

Arctic Wolf has acquired Cylance, BlackBerry’s beleaguered cybersecurity business, for $160 million — a significant discount from the $1.4 billion BlackBerry paid to acquire the startup in 2018. Under the terms of the deal, which is expected to close in BlackBerry’s fiscal Q4, BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million … Read more

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