European aerospace groups Airbus and Thales are exploring a tie-up of some space activities as new competition disrupts the sector, two industry sources said. The sources said preliminary talks were focusing on their...
Macy’s ends buyout talks with investor group, shares slump
Macy’s scrapped talks with an investor group comprising Arkhouse Management and Brigade Capital that had offered to acquire the department store chain for $6.9 billion, sending its shares down 15% on Monday. In a...
Google parent in talks to buy cybersecurity startup Wiz for $23 billion
Google parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter said on Sunday, in a deal that would represent the technology giant’s...
Japan’s SoftBank acquires British AI chipmaker Graphcore
Japan’s SoftBank Group has bought artificial intelligence chipmaker Graphcore for an undisclosed sum, ending long-running speculation over the company’s future. Once touted as a rival to Nvidia, which has...
Chemco Expands Reach with Strategic Merger with Gaurav Containers Limited
Chemco, one of India’s leading packaging material manufacturers, has successfully completed its merger with Gaurav Containers Limited, a company based in Daman. This strategic move increases Chemco’s...
Bunge, Viterra offer to sell assets in 2 EU countries, sources say
U.S. grains merchant Bunge and Glencore-backed Viterra have offered to sell assets in two European Union countries in a bid to secure EU antitrust clearance for their $34 billion merger, people with direct knowledge of...
Qingdao Port International to buy oil terminal assets for $1.30 billion
Qingdao Port International said on Friday it agreed to purchase assets from Rizhao Port and Yantai Port for 9.44 billion yuan ($1.30 billion) as part of its restructuring efforts. Additionally, Qingdao Port said it is...
Anson Funds pushing Five9 to explore a sale, sources say
Investment firm Anson Funds Management has amassed a stake in Five9 and is urging the U.S. call center software company to consider a sale, people familiar with the matter said. The investment firm’s move comes on...
AMD to acquire Finnish startup Silo AI for $665 million to step up in AI race
Advanced Micro Devices said on Wednesday it will acquire Finnish artificial intelligence startup Silo AI for about $665 million in cash as the company tries to enhance its AI chip capabilities to compete against...
Honeywell to buy Air Products’ LNG unit for $1.81 bln as deal-making spree continues
Honeywell said on Wednesday it would buy Air Products’ liquefied natural-gas process technology and equipment business for $1.81 billion in cash, marking the industrial giant’s fourth acquisition this year...
Google parent Alphabet walked away from HubSpot deal weeks ago, source says
Google parent Alphabet decided not to pursue a takeover of online marketing software company HubSpot weeks ago, a person familiar with the matter said on Wednesday. The talks between Alphabet and HubSpot never...
Adda247 acquires CA test preparation firm Ekagrata Eduserv
Google-backed edtech startup Adda247 on Tuesday said that it has acquired Ekagrata Eduserv, a chartered accountancy (CA) test preparation firm. The move marks Adda247’s entry into the CA test preparation market...
