Intel Corp. has taken a significant step in its reorganization strategy by agreeing to sell 51% of its programmable chip division, Altera, to investment firm Silver Lake Management. Valued at $8.75 billion, this transaction reflects Intel's plan to divest non-core assets and optimize its corporate structure.
Online retailer Zepto is actively negotiating with shareholders to sell up to $250 million worth of shares. This initiative aims to boost the presence of Indian investors ahead of the company's planned public offering later this year. This strategic move reflects the growing interest in local players within the startup sector.
Xiaomi Corp., a Chinese technology giant, has ramped up its activity in the financial markets by announcing plans to sell shares worth up to $5.3 billion. This move leverages the significant rise in its stock price and is aimed at funding the expansion of its electric vehicle (EV) business, highlighting a strategic shift in its operations.
