The U.S. Federal Trade Commission is preparing to sue to block the $4 billion merger between mattress manufacturer Tempur Sealy International Inc and retailer Mattress Firm, a source familiar with the matter said on...
BlackRock to buy UK data group Preqin for $3.2 bln
BlackRock has agreed to buy UK data firm Preqin for 2.55 billion pounds ($3.23 billion) in cash in a further expansion by the world’s biggest asset management company into alternative investments. BlackRock, which...
Trading app Robinhood agrees deal with Pluto Capital to tap into AI
Robinhood Markets said on Monday it had bought artificial intelligence-powered investment platform Pluto Capital, adding the trading app to a growing list of companies looking to offer AI tools to customers. Top...
BlackRock to buy UK data group Preqin for $3.2 bln
BlackRock has agreed to buy UK data firm Preqin for 2.55 billion pounds ($3.23 billion) in cash in an expansion by the world’s biggest asset management company into the private markets data segment. BlackRock said...
eMudhra announces acquisition of New Jersey-based TWO95 International Inc.
eMudhra has entered into a definitive agreement to acquire 100% of TWO95 International Inc (TWO95), New Jersey, USA, through its wholly owned subsidiary eMudhra Inc, USA. TWO95 International Inc (TWO95) is based in New...
TPG Capital acquires 60% stake in digital services firm Altimetrik
TPG Capital has acquired a majority stake in Altimetrik, a US-based pure-play digital business firm for an undisclosed sum, the company announced on Thursday. Altimetrik is owned by Indian American entrepreneur Raj...
Fractal Announces Merger of Eugenie.ai to Bolster AI-Powered Climate Solutions
Fractal (www.fractal.ai), a global provider of artificial intelligence and advanced analytics solutions to Fortune 500® companies, today announced the merger of Eugenie AI (Eugenie.ai), an AI company dedicated to...
PI Industries share price jumps 5% on acquisition of Plant Health Care
PI Industries share price jumped over 5% in early trade on Thursday after the company announced the acquisition of UK-listed Plant Health Care Plc (PHC) with subsidiaries in the US, Brazil, Mexico and a few other...
MNC Capital raises bid to acquire Vista Outdoor to $3.2 bln
MNC Capital has raised its bid for Vista Outdoor to $3.2 billion, the investment firm said on Wednesday, just days after the U.S. company agreed to sell its sporting goods and ammunition business to Prague-based...
Activist investor Jana pushes Rapid7 to consider a sale
Jana Partners, the activist investor that has successfully pushed for the sale of multiple companies, has built a stake in Rapid7 and is urging the cybersecurity company to sell itself, a person familiar with the matter...
UK’s Alliance Trust and Witan to merge to create $6 billion fund firm
British investment trusts Alliance Trust and Witan have agreed to merge to create a company managing 5 billion pounds ($6.33 billion) of assets, in the latest example of consolidation in the fund management sector. The...
Vista Outdoor receives US government committee approval for sporting unit sale to CSG
Vista Outdoor and Czechoslovak Group (CSG) said on Tuesday that they had received regulatory approval from an interagency committee of the United States government for the proposed sale of Vista’s sporting...
