Agility Robotics will go public via a merger with Churchill Capital Corp XI, valuing the startup at about $2.5 billion, the Wall Street Journal reported on Wednesday, citing the company’s executives. Here are...
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GameStop CEO Cohen spurns $35 billion pay plan to focus on plan to buy eBay
Ryan Cohen, the billionaire CEO of GameStop, will not receive a potential performance award from the videogame retailer and plans to unveil more details about his bid to take over eBay soon, the company said on...
Straive Acquires NextGen Invent to Boost Data & AI Operationalization Capabilities
Straive, a global leader in Data & AI operationalization, today announced its acquisition of NextGen Invent, an AI engineering and enterprise services provider. NextGen Invent combines data and AI engineering with...
RWE spends $4.1 billion on power grid stake to become more resilient
RWE has raised its stake in power grid operator Amprion to a majority for €3.6 billion ($4.1 billion), Germany’s biggest power producer said on Monday, betting on regulated assets in a push to make its business...
CRH in $8.5 billion Arcosa deal to ride North America infrastructure boom
Ireland’s CRH said on Monday it would acquire U.S.-based Arcosa in an all-cash deal valued at about $8.5 billion, bolstering its North American business and expanding its exposure to U.S. infrastructure demand...
German satellite maker OHB launches share sale with KKR
German satellite maker OHB said on Monday it was launching a share sale with KKR to bring in new investors and seek a higher valuation as interest in space stocks rises after Elon Musk’s blockbuster SpaceX...
Qualcomm nearing deal for AI chip startup Modular, Bloomberg News reports
Qualcomm is in advanced discussions to acquire Modular Inc in a transaction valuing the AI chip company at about $4 billion, Bloomberg News reported on Monday, citing people familiar with the matter. If completed, the...
Qatar sovereign wealth fund to invest $75 million in Doncasters ahead of NYSE debut
Qatar’s sovereign wealth fund is placing a $75 million bet on aerospace precision parts maker Doncasters Group ahead of its U.S. listing. The Qatar Investment Authority (QIA) agreed to buy the shares at the IPO...
KNDS family owners to sell 40% stake to German government, source says
The families that own half of tank maker KNDS have agreed to sell a 40% stake to the German government, according to a source familiar with the matter, in a deal that clears the final hurdle for the company to list on...
Accent Group’s independent board committee urges shareholders to reject Frasers’ takeover offer
Australia’s Accent Group said on Monday that an independent board committee comprising all but one of its directors recommended to reject the A$390.8 million ($274 million) takeover offer from its top...
Yatra Online gains on report of potential stake sale to Ixigo; BSE seeks clarification
Shares of Yatra Online rose 2.20% to Rs 113.57 on Friday after a media report said online travel platform Ixigo is evaluating the acquisition of a 15-20% stake in the company from its promoters. Meanwhile, shares of Le...
Abu Dhabi’s MGX weighs multi-billion deal for data center operator DayOne, sources say
Abu Dhabi-backed artificial intelligence investor MGX has been exploring buying Singapore-based data centre operator DayOne, three sources said, in what would mark a major step in its global expansion into the...
