Robinhood Markets said on Monday it had bought artificial intelligence-powered investment platform Pluto Capital, adding the trading app to a growing list of companies looking to offer AI tools to customers. Top...
Metro Pacific and GIC to take $1 bln stake in Indonesian toll-road operator
Metro Pacific Tollways Corp (MPTC) and Singapore sovereign wealth fund GIC will take up a stake worth $1 billion in a unit of Indonesian toll-road operator PT Jasa Marga as Asia Pacific sees growing investor interest in...
Boeing agrees to buy Spirit Aero for over $4 billion in an all-stock deal, says report
Boeing agreed on Sunday to acquire Spirit AeroSystems for more than $4 billion, two people familiar with the matter said, ending months of talks over a deal the U.S. planemaker hopes will help ease a spiralling safety...
Google buys stake in Taiwan solar power firm owned by BlackRock
Google said it has taken a stake in Taiwan’s New Green Power and could buy up to 300 megawatts of renewable energy from the BlackRock fund-owned firm to help cut its carbon emissions and those of suppliers...
BlackRock to buy UK data group Preqin for $3.2 bln
BlackRock has agreed to buy UK data firm Preqin for 2.55 billion pounds ($3.23 billion) in cash in an expansion by the world’s biggest asset management company into the private markets data segment. BlackRock said...
Keywords Studios set to recommend $2.48 bln takeover by EQT
Video game services group Keywords Studios said on Friday it was willing to agree to a 1.96 billion pound ($2.48 billion) takeover by EQT if the private equity firm made a formal offer at that price. The latest proposal...
Dealmakers optimistic on global M&A prospects despite sluggish growth
Global mergers and acquisitions (M&A) activity grew at a sluggish pace in the second quarter, yet many dealmakers are upbeat, forecasting transactions will pick up in the second half of 2024. Stubbornly high...
Repsol in talks to merge UK North Sea operations with NEO, sources say
Spain’s Repsol is in talks to merge its UK North Sea oil and gas business with private equity-backed NEO Energy, three industry sources said, the latest consolidation effort by companies that operate in the basin...
Aramco to buy 10% stake in Renault-Geely thermal engines venture
Oil producer Saudi Aramco will buy a 10% stake in a thermal engines joint venture between French carmaker Renault and Chinese automaker Geely, the companies said on Friday, valuing the business at 7.40 billion euros ($7...
TPG Capital acquires 60% stake in digital services firm Altimetrik
TPG Capital has acquired a majority stake in Altimetrik, a US-based pure-play digital business firm for an undisclosed sum, the company announced on Thursday. Altimetrik is owned by Indian American entrepreneur Raj...
SM Energy to buy XCL’s Uinta assets for $2 bln, shares slump
SM Energy said on Thursday it had agreed to buy some shale assets of oil and gas producer XCL Resources for about $2 billion, extending its footprint in the Uinta region in Utah, sending its shares down 10%. XCL, backed...
Australia approves ANZ’s $3.3 bln buyout of Suncorp Bank
Australia on Friday gave the go-ahead for ANZ Group’s A$4.9 billion ($3.26 billion) buyout of Suncorp’s banking business, clearing the deal to proceed after almost two years of scrutiny by financial...
