Consultancy firm Accenture said on Thursday it will buy a majority stake in Dragos and fully acquire runZero and NetRise in a combined deal valued at $4.18 billion. Shares of the Dublin, Ireland-based company fell...
International News
Bosch Home Comfort hits the roof after promoter launches OFS to divest over 7% stake
Bosch Home Comfort India hit an upper circuit of 10% at Rs 1,405.95 after the company’s promoter announced an offer for sale (OFS) to pare 7.22% stake in the company. The company’s promoter, Bosch Global...
Italy neutral on Monte Paschi, may sell its stake through share placement
The Italian government will take a neutral stance regarding merger and acquisition moves targeting bailed-out bank Monte dei Paschi di Siena (MPS), the economy minister told parliament on Thursday. Addressing lawmakers...
Ladbrokes-owner Entain explores options for CEE unit, sources say
Ladbrokes-owner Entain has begun exploring options for its joint venture in Central and Eastern Europe, including a possible sale, three people familiar with the matter said. Entain, which operates BetMGM in the...
Manus original investors plan to buy back AI firm from Meta for $2 billion, The Information reports
The early Chinese backers of AI startup Manus are planning to buy the company back from Meta at the $2 billion price that the Facebook parent paid, The Information reported on Thursday, citing two people with direct...
EQT buys Berlin-based SpaceX satellite launch partner Exolaunch
Private equity fund EQT is acquiring Berlin-based space company Exolaunch, which helps satellite companies launch into orbit by partnering with rocket operators such as Elon Musk’s SpaceX. The deal, announced by...
Rolling Stone magazine parent buys Vox Media in digital media expansion
Penske Media Corp said on Thursday it has acquired Vox Media, becoming the largest publisher in digital media, adding titles such as The Verge and Punch to a portfolio that already includes Rolling Stone, Billboard...
UK product testing firm Intertek agrees to $14.5 billion EQT buyout
Product testing firm Intertek has agreed to be taken over by Swedish private equity firm EQT for around £10.9 billion ($14.5 billion), including debt, the companies said on Thursday, following months of negotiations...
Quantum tech firm EigenQ to go public in $3 billion SPAC deal
EigenQ will go public through a merger with blank-check company Silicon Valley Acquisition in a deal valuing the quantum tech firm at about $3 billion, they said on Wednesday. EigenQ’s core business includes...
SPACs stage comeback as mega IPOs crowd market
Special-purpose acquisition companies (SPACs) are staging a comeback as a wave of blockbuster IPOs creates an opening for smaller firms seeking to go public without competing for investor attention against giants such...
Carro enters Australia with CarPlace buy, expanding to eighth market
Singapore-based online car marketplace Carro has bought Australian used-car platform CarPlace, marking its entry into Australia and expanding its reach to eight markets, the company said on Thursday. Carro told...
KKR bets $1.4 billion on aircraft leasing, eyes airlines, Boeing and Airbus
Private equity firm KKR on Wednesday disclosed a $1.4 billion fresh bet on aircraft leasing with partner Altavair, as persistent supply shortfalls at Airbus and Boeing keep plane availability tight. Leasing companies...
