XCF Global Capital has agreed to go public via a merger with special purpose acquisition company (SPAC) Focus Impact BH3 Acquisition, in a deal that values the sustainable fuels producer at $1.75 billion, the SPAC said...
US judge allows FTC to temporarily block IQVIA acquisition of DeepIntent
A U.S. court on Friday upheld a Federal Trade Commission (FTC) order to block IQVIA’s acquisition of DeepIntent, a healthcare advertising firm, as it may harm competition. DeepIntent, owned by Propel Media, a digital...
Japan’s Monex to buy majority stake in 3iQ for $39.8 million
Japan-based brokerage firm Monex Group said it will acquire a majority stake in Canada’s 3iQ Digital Holdings for $39.8 million, to boost its appeal to crypto-hungry institutional investors. The deal underscores a...
Ratcliffe could be forced to divest ManU stake under some conditions
Manchester United said it could coerce Jim Ratcliffe under certain circumstances to divest his ownership in the British soccer club at least 18 months after the billionaire closes his acquisition of a 25% stake in the...
Yandex’s restructuring deal expected to be delayed to next year
The completion of Nasdaq-listed Russian tech company Yandex’s restructuring is expected to be postponed until early 2024, three sources familiar with the negotiations told Reuters on Monday. Often referred to as...
SoftBank fund sells more of its FirstCry stake ahead of IPO
SoftBank Vision Fund, the largest shareholder in IPO-bound omnichannel retailer FirstCry, has sold additional shares in the company, paving the way for more family offices and individuals to pick up a stake in the firm...
Brazil’s Suzano buys forestry assets for $376 million
Brazilian pulp and paper company Suzano has acquired certain forestry assets from two special-purpose firms managed by BTG Pactual Timberland Investment Group, according to a securities filing. The deal was valued at 1...
Dazheng Group consortium announces bid to buy Hollysys Automation for $1.8 billion
A consortium led by China’s Dazheng Group Acquisition has announced a bid to acquire automation and control technology provider Hollysys Automation Technologies in an all-cash transaction valued at $1.8 billion...
Synopsys seeks to acquire engineering software company Ansys – sources
Synopsys Inc, a maker of software used in chip design, has submitted an offer to acquire Ansys Inc, an engineering software vendor with a market value of $30 billion, people familiar with the matter said on Friday. The...
CVC, EMMA Capital to acquire Czech package firm Zasilkovna
A consortium of fund CVC Capital Partners and investor Jiri Smejc’s EMMA Capital will acquire Czech package delivery company Zasilkovna, the groups said on Friday. The CVC-EMMA consortium agreed to buy 100% of...
Powermers Smart Industries to go public via $2 bln SPAC deal
Commercial transportation and industrial equipment maker Powermers Smart Industries (PSI) has agreed to go public in the U.S. through a merger with a blank-check firm in a deal valued at about $2 billion, the companies...
Lionsgate to spin off studio business in $4.6-billion SPAC deal
Lionsgate will spin off its studio unit in a blank-check deal that values the business behind the “Hunger Games” and “John Wick” movie franchises at about $4.6 billion including debt, the company...
