Welding gear maker ESAB Corp said on Monday it would acquire testing instrument manufacturer Eddyfi Technologies for $1.45 billion, aiming to broaden its product portfolio and gain exposure to booming markets such as...
Eldorado Gold to buy Foran Mining in $2.8 billion deal to deepen copper exposure
Eldorado Gold will acquire Canada’s Foran Mining in a deal valuing the copper-focused developer at about C$3.8 billion ($2.79 billion), adding a second near-term growth project and increasing its exposure to...
Devon, Coterra will merge to create $58 billion US shale giant
Oklahoma City-based Devon Energy and Houston’s Coterra Energy are merging in an all-stock deal to become a large-cap producer with a top position in the Permian Basin as shale operators consolidate to cut costs...
KKR-led group set to buy Singapore data-centre firm valued at over $10 billion, WSJ reports
A KKR-led consortium is nearing a deal to buy ST Telemedia Global Data Centres, which would value the company at more than S$13 billion ($10.22 billion), the Wall Street Journal reported on Saturday, citing people...
GIC, Mubadala in talks to join KKR’s $10 billion deal to acquire STT GDC
GIC Pte and Mubadala Investment Co. are in talks to join KKR & Co. and Singapore Telecommunications Ltd. in their potential purchase of data center operator STT GDC Pte, people familiar with the matter said, in what...
Capgemini to Divest US Unit Criticized for Contracts With ICE
French IT services provider Capgemini SE plans to sell a US-based unit that’s facing scrutiny over its contracts with US Immigration and Customs Enforcement. The company said it would initiate the sale process of the...
Bain Capital finalises plans to acquire FineToday Holdings in $1.29 billion deal, Nikkei reports
Bain Capital has finalised plans to acquire FineToday Holdings, the Japanese personal-care company behind the Tsubaki shampoo brand, in a deal expected to be worth around 200 billion yen ($1.29 billion), Nikkei reported...
Winston & Strawn, Taylor Wessing partners approve transatlantic law firm merger
Partners at Winston & Strawn and Taylor Wessing have formally approved their anticipated merger, the law firms said on Friday, setting the stage for the legal industry’s latest major transatlantic combination...
UK’s Pinewood surges on $792 million deal talks with Apax Partners
Britain’s Pinewood Technologies surged as much as 28% on Friday after the automotive service provider said it was set to agree a 575.5 million pounds ($792.06 million) deal with Apax Partners if the private equity...
Apple acquires Israeli audio AI startup Q.ai, reportedly for $1.6 billion
Apple on Thursday said it has acquired Q.ai, an Israeli startup working on artificial intelligence technology for audio. Apple did not disclose terms of the deal for Q.ai, which was backed by venture capital firms...
SpaceX, xAI in talks over merger ahead of potential IPO
Elon Musk’s SpaceX and artificial intelligence startup xAI are in discussions over a potential merger ahead of a planned public offering later this year, Reuters reported citing a person familiar with the matter and two...
US Carlyle Group agrees to buy Lukoil’s global assets after sanctions pressure
U.S. private equity firm Carlyle Group has agreed to an initial deal to buy most of Lukoil’s foreign assets, which Russia’s second-largest oil company is being forced to sell because of U.S. sanctions. The...
