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Finance & Markets

Nike shares plummet 10% after weak revenue outlook and layoff plans underway

Nike's shares plummeted in premarket trading, continuing a second straight day of declines after it reported falling revenue and plans to lay off staff.

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CVC, Blackstone, Advent and EQT eye €2bn Robin Radar deal

CVC, Blackstone, Advent and EQT are among the potential bidders considering offers for Dutch drone detection specialist Robin Radar Systems, which could be valued at around €2bn in a sale by private…

  • CVC, Blackstone, Advent, EQT potential investors in €2bn Robin Radar deal
  • Parcom, JPMorgan initiate sale process, expected later this year
  • BAE Systems conducting early-stage bid explorations for Robin Radar

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