BlackRock-owned Global Infrastructure Partners is in advanced talks to buy utility group AES, people familiar with the matter said on Wednesday, a deal that could be one of the largest ever involving a U.S.-listed power...
GIP nears deal to buy Aligned Data Centers for about $40 billion, Bloomberg News reports
BlackRock-owned Global Infrastructure Partners is in advanced talks to acquire Macquarie-backed Aligned Data Centers in a deal valuing the technology infrastructure company at $40 billion, Bloomberg News reported on...
Meta to acquire chip startup Rivos to strengthen AI plans
Meta Platforms Inc. is buying chip startup Rivos Inc. The deal is part of Meta’s plan to strengthen its own semiconductor development and control more of its AI infrastructure. Rivos is creating its own GPU. A GPU is...
Adani Road Transport to acquire Yashodhan Highways and KN Highways Development
Adani Road Transport, a wholly owned subsidiary of Adani Enterprises, has executed a share purchase agreement on 30 September 2025, with: a. Yashodhan Highways (YHPL) and DRN Infrastructure (DRN/Existing Shareholder) to...
Coty explores sale of CoverGirl, Rimmel as it pivots to fragrances
Coty said on Tuesday it had launched a strategic review of its consumer beauty business that could lead to the sale of brands such as CoverGirl and Rimmel, as the cosmetics maker plans to focus on its more profitable...
BlackRock’s GIP nears $38 billion takeover of utility group AES, FT reports
BlackRock-owned Global Infrastructure Partners (GIP) is nearing a $38 billion deal, inclusive of debt, to acquire utility group AES, the Financial Times reported on Tuesday, citing people briefed on the matter...
Australia’s Eagers to buy stake of CanadaOne in $687.5 million push into Canada
Australian car dealership firm Eagers Automotive said on Wednesday it will acquire a 65% stake in dealership group CanadaOne’s holding company for A$1.04 billion ($687.54 million) to expand into Canada. The deal...
UK competition watchdog to probe Subsea 7-Saipem merger
Britain’s competition regulator said on Tuesday it has started a probe into the merger between Norway’s Subsea 7 and Italy’s Saipem for probable competition concerns in the energy services sector. The...
Prada gets EU approval for Versace acquisition
The European Commission said on Tuesday it has given its green light to the acquisition of fashion group Versace by Italy’s Prada. Earlier this year Prada struck a $1.38 billion deal to buy smaller rival Versace...
Zaggle to acquire loyalty solutions provider Greenedge for Rs 25 crore
Spend management platform Zaggle has received board approval to acquire 100% of Greenedge Enterprises — representing 130,000 equity shares — in a deal worth up to Rs 25 crore, the company said on Monday. In addition to...
Alibaba in talks to acquire Hong Kong office in $900 million deal
Chinese tech giant Alibaba Group Holding Ltd. is in talks to buy the upper 13 floors of One Causeway Bay in Hong Kong, in a deal worth about HK$7 billion ($900 million), the Hong Kong Economic Times reported, citing...
Veritas-Backed Software Provider Anthology Files for Bankruptcy
Anthology Inc., the Veritas Capital-backed education-software provider, sought Chapter 11 bankruptcy protection in the US after a failed attempt to sell the company or parts of the business outside of court protection...
