Chipmaker Broadcom is nearing a $3.8 billion deal to sell its business that allows users to access desktops and applications from any device to private equity firm KKR, people familiar with the matter said on Saturday...
Italy’s Sogefi to sell filtration unit for over $400 mln to PE firm
Italy’s Sogefi said it has entered into an agreement to sell its filtration business unit for an enterprise value of 374 million euros ($404.93 million) to U.S. private equity fund Pacific Avenue Capital Partners...
Xoriant acquires MapleLabs to expand its platform engineering capabilities
US-headquartered consulting and IT services firm Xoriant, backed by private equity firm ChrysCapital, has announced its second acquisition with 100% stake purchase in Bengaluru-based specialized product engineering firm...
AI startup Jasper acquires image generator Clipdrop from Stability AI
U.S. writing assistant startup Jasper has acquired Clipdrop, an artificial intelligence-powered photo application from Stability AI, the company told Reuters on Wednesday, as Jasper expands its offerings to corporates...
Crypto exchange FTX to sell shares in AI startup Anthropic
Bankrupt crypto exchange FTX may sell its shares in artificial intelligence startup Anthropic, a U.S. judge ruled Thursday. U.S. Bankruptcy Judge John Dorsey in Wilmington, Delaware approved FTX’s proposal to sell...
Singapore’s GIC, DigitalBridge, ADIA, Stonepeak, Permira, among others tapped for Carlyle’s 24% in Nxtra
Sovereign wealth funds, private equity funds and global infrastructure asset managers, including GIC of Singapore, ADIA, Stonepeak, DigitalBridge, KKR and Permira are among those tapped to acquire US buyout group...
Digital banking infra provider Signzy acquires Difenz at $5 million valuation
Digital banking infrastructure provider Signzy has acquired Bengaluru-based Difenz, a fraud risk management solutions provider, in a cash-and-equity deal at a valuation of $5 million. Founded in 2020 by Madhu Srinivas...
Walmart to acquire Vizio for $2.3 billion, sales outlook, dividend lift shares
Walmart forecast fiscal 2025 sales above Wall Street expectations on Tuesday and said it would buy smart TV maker Vizio for $2.3 billion. Shares in the U.S. retail giant rose 3% in premarket trading after it also...
S&P Global to buy Visible Alpha in latest push for data dominance
S&P Global said it had agreed to buy consensus provider Visible Alpha for an undisclosed sum, the business intelligence company’s latest deal to expand into a data powerhouse. New York-based S&P Global...
Ratcliffe acquisition of Manchester United minority stake completed
British billionaire Jim Ratcliffe’s acquisition of a 25% stake in Premier League club Manchester United has been completed, putting an end to a 15-month saga. The $1.25 billion deal, in which the INEOS chairman...
Veolia agrees to buy Hungarian gas-fired power plant from Uniper
French utility Veolia has agreed to buy a 430-megawatt, gas-fired power plant in Hungary from Uniper, the companies said, marking the German group’s latest asset disposal to meet EU conditions imposed as part of...
Adani group in advance talks to raise $2.6 billion; may trim stake in airport, green hydrogen units
The Adani Group is reportedly in advanced discussions with prominent sovereign funds based in West Asia to secure funding of up to $2.6 billion. This potential move to raise funds is part of the conglomerate’s...
