Japan’s SoftBank Group has bought artificial intelligence chipmaker Graphcore for an undisclosed sum, ending long-running speculation over the company’s future. Once touted as a rival to Nvidia, which has...
Axel Springer, KKR considering split of German media giant, sources say
German media giant Axel Springer, which owns Germany’s popular Bild tabloid and U.S. news site Politico, is considering a split of the company together with private equity KKR, two sources familiar with the matter...
GIP, Stonepeak among bidders for Singapore Power’s 40% stake in Jemena, sources says
Global Infrastructure Partners (GIP) and Stonepeak are among the bidders for Singapore Power’s 40% stake in Jemena in a potential deal that could value the Australian energy group at over $10 billion, two sources...
Hydrogen energy firm Huture to go public in $1 bln SPAC deal
Hydrogen energy firm Huture said on Tuesday it has agreed to go public in the U.S. through a merger with a blank-check firm Aquaron Acquisition Corp in a deal that would value the combined company at $1 billion. The...
Bunge, Viterra offer to sell assets in 2 EU countries, sources say
U.S. grains merchant Bunge and Glencore-backed Viterra have offered to sell assets in two European Union countries in a bid to secure EU antitrust clearance for their $34 billion merger, people with direct knowledge of...
Qingdao Port International to buy oil terminal assets for $1.30 billion
Qingdao Port International said on Friday it agreed to purchase assets from Rizhao Port and Yantai Port for 9.44 billion yuan ($1.30 billion) as part of its restructuring efforts. Additionally, Qingdao Port said it is...
Bain Capital to buy financial software vendor Envestnet in $4.5 bln deal
Private-equity firm Bain Capital will buy Envestnet in a $4.5 billion deal, adding to its portfolio a financial software vendor that counts 16 of the 20 biggest U.S. banks among its customers. A cohort of investors...
Anson Funds pushing Five9 to explore a sale, sources say
Investment firm Anson Funds Management has amassed a stake in Five9 and is urging the U.S. call center software company to consider a sale, people familiar with the matter said. The investment firm’s move comes on...
Hedge funds make rival takeover bid for energy firm Martin Midstream
Hedge funds Nut Tree Capital Management and Caspian Capital said on Thursday they have made an offer for Martin Midstream Partners, aiming to scuttle a bid from the fuels storage and transporter’s largest...
AMD to acquire Finnish startup Silo AI for $665 million to step up in AI race
Advanced Micro Devices said on Wednesday it will acquire Finnish artificial intelligence startup Silo AI for about $665 million in cash as the company tries to enhance its AI chip capabilities to compete against...
Google parent Alphabet walked away from HubSpot deal weeks ago, source says
Google parent Alphabet decided not to pursue a takeover of online marketing software company HubSpot weeks ago, a person familiar with the matter said on Wednesday. The talks between Alphabet and HubSpot never...
Crest Nicholson likely to agree merger with Bellway to create $5 bln UK homebuilder
British homebuilder Crest Nicholson said on Wednesday it may recommend to its shareholders a sweetened 720 million pound ($922.1 million) all-share takeover deal from bigger rival Bellway if the latter comes up with a...
