Lockheed Martin is leading the race to acquire Ultra Maritime, owned by private-equity firm Advent International, in a deal that could value the naval defence business at about $3.5 billion, the Financial Times...
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MacRitchie to sell up to $200 million stake in India’s PB Fintech, term sheet shows
MacRitchie Investments plans to sell up to $200 million worth of shares in PB Fintech, the Indian online insurance and lending marketplace that runs Policybazaar and Paisabazaar, according to a term sheet seen by...
Australia orders in-depth review of Exxon-opposed Subsea7-Saipem merger
An Australian watchdog said on Friday the proposed merger between energy contractors Subsea7 and Saipem will proceed to a Phase 2 review, citing concerns that a deal could trim competition in domestic offshore oil and...
Yara buys Texas ammonia plant for $1.3 billion
Norwegian fertiliser maker Yara said on Thursday its subsidiary had agreed to buy Gulf Coast Ammonia’s production plant in Texas from GCA Holdings LLC for $1.3 billion. The deal follows Yara’s decision...
Ananta Capital Acquires Majority Stake in Phitku, One of India’s Fastest Growing Personal Care Brand
Ananta Capital has acquired a majority stake in Phitku, one of India’s fastest growing personal care brands. Founded in early 2025 by Sumit Marda, Neha Marda and Rahul Dokania, Phitku is a digitally native...
SoftBank’s LY, Bain raise Kakaku bid again with $4.1 bln valuation
SoftBank’s LY Corp and Bain Capital have again raised their bid for Kakaku.com, valuing the Japanese price-comparison website operator at 670 billion yen ($4.12 billion) and widening the gap over a rival offer...
Kroger to buy grocer Giant Eagle in $1.65 billion deal as competition heats up
U.S. grocer Kroger has reached a $1.65 billion deal to buy regional supermarket chain Giant Eagle, it said on Wednesday, strengthening its presence in the Midwest and the Mid-Atlantic region. Its first transaction under...
OpenAI proposes handing Trump administration 5% stake, FT reports
OpenAI has discussed giving the U.S. government a 5% stake, the Financial Times reported on Thursday, as AI firms face growing scrutiny in Washington over the potential misuse of advanced models and whether Americans...
Rocket Lab buys Iridium in $8 billion deal, to expand beyond launches
Rocket Lab struck an $8 billion deal to acquire satellite communications provider Iridium Communications on Monday, betting that owning everything from rockets to satellite networks will define the next generation of...
Schneider Electric signs deal to buy AI software player Cognite for $3.1 billion
Schneider Electric said on Tuesday it had signed an agreement to acquire Cognite Holding, a provider of AI software and industrial data. The French multinational said in a press release it would pay $3.1...
UK may intervene in $110 billion Paramount-Warner Bros Discovery deal
Britain said on Tuesday it could intervene in Paramount Skydance Corp’s proposed takeover of Warner Bros Discovery, potentially holding up the $110 billion deal after the U.S. and China gave it the green light...
Aurobindo Pharma USA Inc. completes acquisition of Lannett
Aurobindo Pharma USA Inc. (APUSA), a wholly owned subsidiary of Aurobindo Pharma, announced the successful completion of its acquisition of Lannett Company, Inc., USA (Lannett), from Lannett Seller Holdco, Inc...
