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Salesforce abandons pursuit of Informatica, source says

(Reuters) -Business software maker Salesforce has backed away from its talks to acquire data-management software firm Informatica after the two companies could not agree on terms, a person familiar with the matter told Reuters on Sunday. If the two sides had agreed on a deal, it would've ranked as one of Salesforce's biggest acquisitions. Salesforce and Informatica did not immediately respond to requests for comment from Reuters.
Redwood City United States Shubhendu Deshmukh Anirban Sen Tom Hogue Christian Schmollinger
Source: yahoo.com

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Monday newspaper round-up: Renewable energy, BlackRock, Frasers Group

A development company that sells off land no longer needed by Thames Water has paid out a £14m dividend despite warnings that it could become engulfed by the water group’s financial woes. Accounts filed at Companies House show Kennet Properties paid out a £14.5m dividend in the year to 31 March 2023 despite the difficulties faced by the wider group, which is facing going into administration. – Guardian
United Kingdom United Kingdom General Larry Fink Audit Commission Financial Reporting Council Mike Ashley Frasers Group

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