Brazilian investment bank BTG Pactual announced late on Monday a binding proposal to incorporate shares of Banco Pan, offering a significant premium to minority shareholders in a move that would make Pan its indirect...
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Zara founder buys UK warehouse leased to Amazon for $108 million: report
Zara founder Amancio Ortega’s investment vehicle Pontegadea Inversiones has agreed to acquire PLP’s Knowsley warehouse in Britain, near Liverpool, for £81 million ($107.50 million), Place North West real...
a16z-backed data firms Fivetran, dbt Labs to merge in all-stock deal
Data startups Fivetran and dbt Labs will merge in an all-stock deal, creating a combined data infrastructure company with nearly $600 million in annual revenue, the two companies told Reuters. The deal is structured as...
Dating app Grindr explores go-private deal: Report
Insiders at dating app Grindr are discussing taking it private after a share slump put its top owners in a tight personal financial position, Semafor reported on Monday, citing people familiar with the matter. Grindr...
NDR InvIT Trust acquires MLG Warehousing at ₹143.9 crore valuation
NSE-listed NDR InvIT Trust on Monday announced the acquisition of MLG Warehousing and Industrial Park in Lucknow, Uttar Pradesh, valued at Rs 143.9 crore. The Grade-A warehousing asset spans approximately 4.63 lakh sq...
Goldman Sachs buys venture capital firm Industry Ventures
Goldman Sachs has agreed to buy Industry Ventures, a leading venture capital firm that manages $7 billion of assets, in a bid to expand its services to technology entrepreneurs, it said on Monday. Industry Ventures has...
UK self-storage firm Big Yellow confirms strategic talks amid Blackstone’s possible bid
Blackstone said on Monday it was in the early stages of considering a possible cash offer for self-storage company Big Yellow Group, sending shares of the London-listed firm higher by as much as 22%. Big Yellow...
Starboard Value takes stake in Keurig Dr Pepper amid JDE Peet’s buyout
Activist investor Starboard Value has built a stake in Keurig Dr Pepper after the beverage company made an acquisition to strengthen its coffee business that investors disliked, two people familiar with the matter said...
Sam Altman-backed college startup Campus acquires Sizzle AI
Sam Altman-backed college startup Campus has roped in Meta’s former artificial intelligence (AI) vice president Jerome Pesenti as its technology head, the company announced Friday. The deal marks Campus buying Pesenti’s...
Strathcona exits race for MEG Energy after Cenovus’ sweetened bid
Strathcona Resources on Friday abandoned its takeover bid for MEG Energy, ending its months-long battle with Cenovus Energy for the ownership of one of Canada’s last large pure-play oil sands company. The move by...
UST Expands Core Banking Capabilities with the Acquisition of Modus Information Systems
UST, a leading AI and technology transformation solutions company, has acquired Modus Information Systems Private Limited (Modus) in a strategic move that will strengthen UST’s position in the financial sector...
BASF sells majority of coatings business to Carlyle, Qatar Investment Authority
BASF has agreed to sell a majority stake in its coatings business to private equity firm Carlyle and the Qatar Investment Authority, valuing the unit at 7.7 billion euros ($8.91 billion). The companies said in a joint...
