U.S. law firms McDermott, Will & Emery and Schulte, Roth & Zabel are in talks to combine in what would be the latest major legal industry merger, the firms said on Thursday. McDermott and Schulte are...
Coinbase buys Deribit in $2.9 billion deal to expand crypto options base
Coinbase, the largest publicly traded cryptocurrency exchange, said on Thursday it will buy derivatives exchange Deribit in a $2.9 billion deal to expand into the crypto options markets. The move underscores a push by...
KNDS’ bid to raise stake in tank gearbox maker Renk faces challenge, sources say
Franco-German defence contractor KNDS’ plan to increase its stake in German tank gearbox maker Renk is facing a potential challenge from the designated seller of the shares, two people familiar with the matter...
Veolia to take full ownership of water management unit in $1.75 billion deal, gets $750 million in new contracts
French group Veolia said on Wednesday it will buy the 30% of shares in Water Technologies and Solutions (WT&S) that it does not already own from Quebec Deposit and Investment Fund (CDPQ) for $1.75 billion. The waste...
APA to sell New Mexico assets for $608 million after quarterly profit beat
APA Corp said on Wednesday that it would sell its New Mexico Permian assets for $608 million as part of an effort to streamline operations and focus on core areas, after it beat Wall Street estimates for first-quarter...
Hedge Fund Millennium in talks with Goldman’s Petershill Partners on stake sale, FT reports
Hedge fund Millennium Management is in talks with Goldman Sachs’ Petershill Partners to identify potential buyers for a minority stake in its management company, the Financial Times reported on Wednesday...
BrowserStack acquires Y Combinator-backed Requestly to strengthen developer tools stack
BrowserStack has acquired Requestly, a developer tool for HTTP interception, application programming interface (API) mocking, and debugging, as it looks to expand its offerings for frontend developers. The terms of the...
Board of Enviro Infra Engineers approves acquisition of EIE Renewables
At meeting held on 06 May 2025 The Board of Enviro Infra Engineers at its meeting held on 06 May 2025 has approved the acquisition of EIE Renewables. The proposed acquisition will enable the Company to tap the...
WeightWatchers Files Bankruptcy as GLP-1 Drugs Reshape Market
WeightWatchers, known for its diet programs once endorsed by celebrities including Oprah Winfrey, has filed for bankruptcy after struggling to compete with weight-loss drugs like Ozempic. The company — which rebranded...
I Squared, Enbridge and MPLX to acquire majority stake in Matterhorn natgas pipeline
Infrastructure investment firm I Squared, midstream company MPLX LP, and pipeline operator Enbridge Inc have entered an agreement to acquire up to 85% interest in the Matterhorn Express gas pipeline, the companies said...
Electric cab startup Evera begins absorbing BluSmart’s repossessed EVs; eyes Delhi airport dominance
Delhi-based all-electric taxi service company Evera has started onboarding electric vehicles (EVs) leased to it by the lenders of BluSmart, including non-banking finance companies and banks, which repossessed the...
Shoemaker Skechers to be acquired for $9 billion, taken pvt by 3G Capital
Skechers is being acquired for $9 billion and taken private by the investment firm by 3G Capital. The board of Skechers unanimously approved the deal, the companies said Monday. The offer of $63 per share represents a...