Has OnePlus merged with Realme? Fresh reports have added a new twist to the ongoing uncertainty around OnePlus, suggesting the smartphone brand may now be merging its operations with Realme. The development, if...
International News
Finnish lift maker Kone to acquire German rival TK Elevator in $34-billion deal
Finland’s Kone has agreed to acquire Germany’s TK Elevator (TKE) in a deal valued at 29.4 billion euros ($34.4 billion), creating the world’s largest lift maker. The takeover would propel Kone ahead of...
Cognizant to buy Astreya for about $600 million
Cognizant Technology has agreed to buy Astreya, an IT services and technology provider focused on AI infrastructure and data center services, in a deal valued at around $600 million, the company told Reuters. The deal...
Palo Alto Networks to acquire AI infra firm Portkey; valuation may double to $140 million
US-based cybersecurity company Palo Alto Networks plans to acquire AI infrastructure startup Portkey, as it looks to expand its capabilities in protecting AI agents that are increasingly being adopted by enterprises...
More states join legal challenge to Nexstar, Tegna merger
Five more U.S. states are joining an antitrust lawsuit challenging Nexstar’s acquisition of rival broadcaster Tegna after a judge temporarily blocked the deal from proceeding, according to California’s...
MARA to buy Ohio gas plant operator Long Ridge for $1.5 billion as it pivots beyond bitcoin
MARA Holdings told Reuters on Thursday it will buy Long Ridge Energy & Power from FTAI Infrastructure for $1.5 billion including debt, a major step in the bitcoin miner’s push to reposition as a digital...
LEO Pharma to buy U.S. drug developer Replay for $50 million upfront
Danish drugmaker LEO Pharma said on Thursday it had agreed to buy U.S. drug developer Replay for $50 million upfront, adding an experimental treatment platform for rare genetic skin diseases to its dermatology...
Activist investor Engine Capital urges engineering contractor KBR to explore sale, WSJ reports
Activist investor Engine Capital has built a roughly 2% stake in KBR and is urging the engineering contractor to explore a sale, the Wall Street Journal reported on Wednesday, citing a letter from a senior executive...
Apollo, Blackstone and KKR vie for Shell stake in LNG Canada, sources say
Apollo Global Management, Blackstone and KKR are battling it out to acquire a significant stake in the mammoth LNG Canada project from energy major Shell, three people familiar with the matter said. The trio, among...
GameStop is preparing offer for eBay, WSJ reports
GameStop is preparing an offer for eBay as CEO Ryan Cohen pursues plans to boost the struggling videogame retailer’s market value more than tenfold, the Wall Street Journal reported on Friday. Shares of eBay...
BP weighs potential exit from UK North Sea, Bloomberg News reports
BP is weighing a sale of some or all of its UK North Sea operations as part of a broader effort to cut debt and refocus on higher-return oil and gas projects, Bloomberg News reported on Friday, citing people familiar...
Kashiv BioSciences Agrees to Be Acquired by Amneal Pharmaceuticals to Create a Fully Integrated Global Biosimilar Leader
Kashiv BioSciences, LLC (“Kashiv”), today announced that it has entered into a definitive agreement to be acquired by Amneal Pharmaceuticals, Inc. (NASDAQ: AMRX) (“Amneal”). The transaction is...