Global investment firm KKR has agreed to acquire Arctos Partners in a deal that values the sports-focused private equity firm at about $1 billion, Bloomberg News reported on Tuesday, citing people familiar with the...
Mobileye to acquire humanoid robotics startup Mentee for $900 million
Mobileye Global on Tuesday said it would acquire humanoid robotics startup Mentee Robotics for about $900 million, as the Israeli self-driving technology firm bets on what it sees as the next frontier of artificial...
Lilly in talks to buy Ventyx Biosciences for more than $1 billion, WSJ reports
Eli Lilly is in advanced talks to buy Ventyx Biosciences for more than $1 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Shares of Ventyx surged more than 50% in extended...
Marvell to buy networking equipment firm XConn in $540 million deal amid AI infrastructure push
Marvell Technology said on Tuesday it will buy networking equipment provider XConn Technologies in a deal worth about $540 million, as the chipmaker doubles down on data center hardware amid a race to expand artificial...
TPG buys majority stake in Quarterra from homebuilder Lennar, commits additional $1 billion
Asset management firm TPG has acquired a majority interest in homebuilder Lennar’s multifamily development and investment management platform and committed an additional $1 billion for the business, the companies...
Cars24 acquires vehicle information management startup CarInfo in Rs 400 crore deal
SoftBank-backed used car platform Cars24 announced the acquisition of Delhi-based vehicle information management startup CarInfo. Financial details of the transaction were not disclosed. People in the know pegged the...
Jacobs to acquire remaining stake in PA Consulting for $1.6 billion
Engineering services provider Jacobs Solutions said on Monday it will acquire the remaining stake it does not already own in UK-based firm PA Consulting for 1.216 billion pounds ($1.64 billion). Amid robust investments...
UK’s Auction Technology rejects buyout bids from top investor FitzWalter
Auction Technology has rejected a series of buyout proposals from top shareholder FitzWalter Capital, saying they significantly undervalue the British online auction operator and its prospects. London-based investment...
Vistra to buy Cogentrix Energy in $4.7 billion deal amid surging power demand
Utility Vistra said on Monday it has agreed to buy Cogentrix Energy, comprising 10 natural gas-fired power plants, from Quantum Capital Group for about $4.7 billion, as it looks to meet growing power demand. Shares of...
L3Harris nears space propulsion asset stake sale to AE Industrial, sources say
L3Harris Technologies is nearing a deal to sell a 60% stake in a portfolio of space and propulsion businesses to private equity firm AE Industrial Partners as the large defense company sheds some NASA business lines to...
Timken India update on acquisition of 26% stake in Sunstreamgreen Energy C&I Three
Timken India had entered into an Agreement to acquire 26.1% equity shares of Sunstreamgreen Energy C&I Three to purchase power under the Group Captive Scheme and this transaction would be completed on or before...
Bain Capital buying South Korean activewear firm Echo Marketing in $344 million deal
Bain Capital is buying a 43.66% stake in South Korea’s Echo Marketing, which owns local activewear brand Andar, from its founder and another shareholder for 216.6 billion won ($150.14 million), Echo said in a...
