Apple cofounder Steve Wozniak’s space data startup, Privateer, has raised $56.5 million and also acquired the analytics firm Orbital Insight, a merger that will add mapping and intelligence services to...
US utility Allete goes private in $6.2 billion deal
U.S. utility Allete said on Monday that it had agreed a deal with investment firms Global Infrastructure Partners and CPP Investments to be taken private at a $6.2 billion valuation, inclusive of debt. The transaction...
Spanish bank Sabadell rejects $12.9 bln BBVA merger proposal
Sabadell’s board rejected a merger proposal by larger rival BBVA for a 12 billion euro ($12.93 billion) all-share merger, the Spanish lender said on Monday. The country’s fourth-largest lender by market...
EU clears $14.9 bln purchase of U.S. Steel by Japan’s Nippon
The European Union cleared U.S. Steel’s $14.9 billion buyout by Japan’s Nippon Steel on Monday, allaying competition concerns from a deal that has drawn political opposition in the United States. The...
NCLAT dismisses Religare’s appeal against CCI nod
The National Company Law Appellate Tribunal (NCLAT) has rejected Rashmi Saluja-led Religare Enterprises’ appeal seeking a stay on the Competition Commission of India’s (CCI) approval for the Burman...
Tower operator Uniti to merge with Windstream a decade after split
Uniti Group will merge with telecom services provider Windstream almost a decade after their separation to better compete in the fiber network market in rural America, the wireless tower owner said on Friday. The...
EQT to buy digital consultancy Perficient for about $3 billion
Swedish private equity firm EQT AB will acquire Perficient in all-cash deal valued at about $3 billion that will take the U.S.-based digital consultancy firm private, the companies said on Sunday. EQT will pay $76 for...
Exxon Mobil completes $60 billion deal for Pioneer Natural
Exxon Mobil has closed its $60 billion purchase of Pioneer Natural Resources, the oil and gas producer said on Friday, a day after receiving a go-head from the U.S. Federal Trade Commission (FTC) for the deal.
SVB Financial to sell VC business SVB Capital
Collapsed U.S. lender SVB Financial Group said on Thursday that an entity affiliated with Pinegrove Capital Partners will acquire its venture capital business, SVB Capital. A newly-created entity, backed by permanent...
Novartis to buy radiology drug specialist Mariana for $1 billion
Novartis agreed to acquire U.S. radiopharmaceutical company Mariana Oncology for $1 billion upfront, boosting its portfolio of precision cancer treatments in development, the Swiss drug manufacturer said on Thursday...
DoJ seeks more details from US Steel, Nippon Steel on proposed merger
The U.S. Department of Justice is seeking more details and documentary materials as part of an antitrust review of Nippon Steel’s proposed $15 billion takeover of U.S. Steel, the American firm said on Thursday...
Canadian miner Hudbay sees BHP’s bid for Anglo boosting copper assets
The CEO of Canadian miner Hudbay Minerals said BHP Group’s $39 billion offer for Anglo American has increased the valuation of copper assets and could underscore companies’ willingness to pay a premium to...
