Quantum computing firm IonQ said on Monday it would buy chipmaker SkyWater Technology for about $1.8 billion, in a deal that would bring semiconductor manufacturing in-house and boost the development of its next...
China’s Anta Sports muscles in with $1.8 billion move for 29.1% Puma stake
China’s Anta Sports Products said on Tuesday it had agreed to buy a 29.06% stake in German sportswear maker Puma from the Pinault family’s Artemis holding company for 1.51 billion euros ($1.79 billion). The...
Leidos to acquire ENTRUST for $2.4 billion to enhance its utility engineering services
Leidos Holdings said on Monday it would buy power design firm ENTRUST Solutions Group from private equity firm Kohlberg for about $2.4 billion, as it looks to expand engineering offerings for utility customers...
CK Hutchison explores split sale of global ports, Bloomberg News reports
CK Hutchison is exploring a restructured sale of dozens of ports to a global consortium by breaking the transaction into smaller parcels with differing ownership structures, Bloomberg News reported on Friday, citing...
Thyssenkrupp considers sale of minority stake in bearings unit, sources say
Thyssenkrupp is considering selling a minority stake in its bearings division Rothe Erde, two people familiar with the matter said on Friday. Bloomberg first reported the news, saying that Thyssenkrupp was looking to...
Prysmian to buy Spain’s ACSM for 169 million euros, boosting submarine cable leadership
Italy’s cable maker Prysmian plans to buy Spain-based ACSM, a submarine cable installation company, in a 169-million-euros ($198 million) deal, it said on Friday. The world’s largest cable maker said the...
Reliance Industries merges 16 step-down subsidiaries into Reliance New Energy
Mukesh Ambani-led Reliance Industries has consolidated 16 step-down wholly owned subsidiaries into its clean-energy arm, Reliance New Energy Limited, as it streamlines its expanding portfolio of hydrogen, energy storage...
Energy park developer Hecate to go public in $1.2 billion SPAC deal
Energy infrastructure developer Hecate Energy will go public in the United States in a $1.2 billion deal with blank-check vehicle EGH Acquisition, the companies said on Thursday, as the revival in SPAC transaction...
Senco Gold to acquire 68% stake in Melorra parent for Rs 68 crore
Senco Gold Limited on Wednesday said its board has approved an investment of Rs 68 crore to acquire a 68% equity stake in August Jewellery Private Limited, the parent company of fast-fashion jewellery brand Melorra...
Hot-diggity-dog: Smithfield Foods acquires iconic Nathan’s Famous
U.S. pork processor Smithfield Foods will buy century-old Nathan’s Famous in a $450 million deal that adds the most iconic U.S. hot dog name to its portfolio of brands, the company said Wednesday. Smithfield will...
UK’s NCC Group to sell Escode for $369.4 million
Cybersecurity specialist NCC Group said on Wednesday it has agreed to sell its Escode business to private equity firm TDR Capital for an enterprise value of 275 million pounds($369.35 million), leaving it as a pure-play...
Everstone-owned Wingify to buy AB Tasty, create $500 million SaaS entity
Everstone-owned software firm Wingify has acquired Paris-based rival AB Tasty for around $150-200 million, per people in the know, with the combined entity valued at approximately $500 million. Wingify (through its...
