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Dutch tech investor Prosus plans to acquire online travel agency Despegar.com for $1.7B, or $19.50 per share, to expand in Latin American, closing in Q2 2025 (Loni Prinsloo/Bloomberg)

Loni Prinsloo / Bloomberg : Dutch tech investor Prosus plans to acquire online travel agency Despegar.com for $1.7B, or $19.50 per share,...

31 May 2024

STMicro announces plans to spend €5B on a chips manufacturing plant in Catania, Italy with the government providing €2B in subsidies under European Chips Act (Jillian Deutsch/Bloomberg)

Jillian Deutsch / Bloomberg:
STMicro announces plans to spend €5B on a chips manufacturing plant in Catania, Italy with the government providing €2B in subsidies under European Chips Act  —  STMicroelectronics NV said it plans to spend €5 billion ($5.4 billion) on a manufacturing plant for chips and packaging in Catania …

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