Fusion CX, a global customer experience (CX) business process outsourcing (BPO) provider, has acquired S4 Communications, a company specialising in call center outsourcing and BPO services. S4 Communications reported a...
Italy’s Del Vecchio family raises Monte dei Paschi stake to 9.8%
The holding company of late Italian billionaire Leonardo Del Vecchio has raised its stake in bailed-out lender Monte dei Paschi, a filing showed, strengthening its hand in expected further consolidation among the...
Billionaire Frank McCourt’s Project Liberty proposes bid for TikTok’s US assets
Entrepreneur and former Los Angeles Dodgers owner Frank McCourt’s Project Liberty and its consortium of partners in The People’s Bid said on Thursday they proposed to make a formal bid to ByteDance to buy...
Apollo considering $9.5 bln investment in Seven & I buyout, Bloomberg says
Apollo Global Management is considering investing as much as 1.5 trillion yen ($9.5 billion) in a management buyout of Japan’s Seven & I Holdings, Bloomberg News said on Friday, citing several people with...
Indonesia’s Pertamina to buy 20% stake in Philippine’s Citicore Renewables for $115 million
Philippines-based Citicore Renewable Energy on Friday said Indonesian state-owned oil firm Pertamina will buy a 20% stake in the pure-play renewable energy company for 6.70 billion pesos ($114.8 million). PT Pertamina...
Banca Ifis Bids for Illimity Amid Italian Consolidation Wave
Banca Ifis SpA, the Italian lender founded by the billionaire Furstenberg family, is offering to buy rival Illimity Bank SpA, the latest move in a flurry of consolidation activity in the country’s banking sector. The...
Tencent Bid for Assassin’s Creed Demands a Leap of Faith
One of the highlights of Ubisoft Entertainment SA’s Assassin’s Creed game series is the “leap of faith,” when the hooded main character takes a stomach-churning dive from the rooftops and always lands safely in a...
Chip Designer Arm Considers Acquiring Ampere Computing
SoftBank Group Corp. and its majority-owned Arm Holdings Plc are exploring a deal for Ampere Computing LLC, according to people familiar with the matter. Ampere, the Oracle Corp.-backed semiconductor designer, has drawn...
Warburg Pincus explores $5 billion-plus sale of Modernizing Medicine, sources say
Private equity firm Warburg Pincus is weighing options, including a sale, for Modernizing Medicine (ModMed) that could value the medical software provider at more than $5 billion, including debt, according to people...
Constellation Energy nearing $30 billion deal to acquire Calpine, sources say
Constellation Energy is nearing a roughly $30 billion deal to acquire power producer Calpine, people familiar with the matter said on Wednesday, a move that would significantly expand Constellation’s generation...
U.S. Steel’s thwarted merger, and a novel bid for recompense
“Thuggish tactics.” “Campaign of lies.” “Xenophobic.” “Befitting a mafia boss.” A sense of anger thrums throughout the lawsuit by U.S. Steel and Nippon Steel against rival steel maker Cleveland-Cliffs, its CEO and the...
Roche to complete $1.5 billion acquisition of U.S. biopharma company Poseida
Roche on Wednesday said it planned to complete its purchase of U.S. biopharmaceutical company Poseida Therapeutics, a specialist in complex immune cell therapies to treat several types of blood cancer. Roche said it has...
