Sam Altman-backed Oklo has agreed to go public in the US through a merger with his blank check firm in a deal that values the nuclear startup at $850 million, the companies announced on July 11. Altman is bringing...
TransAlta to buy TransAlta Renewables for $1 billion
Electric utility TransAlta Corp will buy shares of TransAlta Renewables Inc it does not already own for C$1.38 billion ($1.04 billion) in a cash-and-stock deal, the company said on Tuesday. Electric utilities are...
Online platform CarTrade Tech to acquire Sobek Auto for Rs 537 crore
Online auto classified platform CarTrade Tech said it has inked a pact to acquire Sobek Auto India for a consideration of Rs 537 crore. Sobek is engaged in the business of running an automotive digital platform and a...
Canada’s Postmedia Network ends merger discussions with Nordstar Capital
Postmedia Network Canada said that discussions with Nordstar Capital have come to an end, less than a month after saying they were in merger talks. Last month, Postmedia had said that it was in a non-binding discussion...
Dominion sells Maryland gas plant stake to Berkshire Hathaway unit for $3.3 bln cash
Dominion Energy agreed to sell its 50% stake in the Cove Point liquefied natural gas facility in Maryland’s Chesapeake Bay to a unit of Warren Buffett’s Berkshire Hathaway for $3.3 billion in cash, the...
DoJ may challenge Thoma Bravo deal to take ForgeRock private – Politico
The U.S. Department of Justice (DOJ) is nearing a decision on whether to challenge private equity firm Thoma Bravo’s $2.3 billion buyout deal for ForgeRock Inc, Politico reported, citing four people with direct...
Three private equity groups in race to buy out Adani Capital
Private equity groups Bain Capital, Carlyle Group and Cerberus Capital Management are set to make binding bids in the next few weeks to buy out Gautam Adani’s six-year-old shadow bank, Adani Capital, as the billionaire...
Adani Enterprises buys 30% stake in Trainman, online train ticket booking platform
Adani Enterprises, the main company of Gautam Adani’s business conglomerate, has acquired approximately 30 percent ownership in Start Enterprises Pvt Ltd (SEPL), the parent company of Trainman, an online platform...
TPG to buy Forcepoint unit from Francisco Partners for $2.45 billion, Wall Street Journal reports
Buyout house TPG is buying a business unit of software provider Forcepoint for $2.45 billion from Francisco Partners, the Wall Street Journal reported on Sunday citing people familiar with the matter. TPG is acquiring...
PE firms, defense companies vie for Ball Corp’s aerospace unit
Private equity firms Blackstone Inc and Veritas Capital Fund Management LLC are competing against large defense companies to acquire the aerospace business of Ball Corp, according to people familiar with the matter...
Law firms Stroock and Nixon Peabody abandon merger talks
New York-founded law firm Stroock & Stroock & Lavan and Boston-founded Nixon Peabody have called off negotiations toward a proposed merger, a Stroock spokesperson said in a statement on Friday. “While we...
Coloplast buys fish skin woundcare firm for up to $1.3 billion
Coloplast has agreed to buy Iceland-based Kerecis, a biologic wound care firm that uses fish skin to develop tissue-transplant products, for up to $1.3 billion, the Danish medical equipment maker said on Friday...
