Tether Holdings SA’s offer to acquire Juventus Football Club pits a fast-growing crypto powerhouse against a more than century-old Italian industrial dynasty. The crypto firm’s all-cash proposal to buy Exor...
Nvidia buys AI software provider SchedMD to expand open-source AI push
Nvidia said on Monday it acquired AI software firm SchedMD, as the chip designer doubles down on open-source technology and steps up investments in the artificial intelligence ecosystem to fend off rising competition...
Cencora to take majority control of cancer care network OneOncology for $5 billion
U.S. drug distributor Cencora said on Monday it will take majority control of cancer care network OneOncology in a $5 billion deal, accelerating its push to provide more services to cancer clinics. Cencora, which...
Japan’s JX says its Pan Pacific Copper unit sells stake in Peruvian mine to Glencore
Japan’s JX Advanced Metals on Tuesday said its Pan Pacific Copper (PPC) unit sold its entire stake in the undeveloped Quechua copper project in Peru to Swiss trader and miner Glencore for an undisclosed sum. The...
Citi closes sale of 25% stake in Banamex to Mexican billionaire Chico Pardo
Wall Street giant Citigroup said on Monday it had completed the sale of a 25% stake in its Grupo Financiero Banamex to a company owned by Mexican billionaire Fernando Chico Pardo and his family. The deal, which was...
Uniper to launch sale of 20% stake in Opal gas pipeline
German state-owned utility Uniper will launch the sale of its 20% stake in the natural gas pipeline Opal, one of Europe’s largest transmission corridors, the company said on Monday. Uniper’s disposal of the...
WSP Global to acquire TRC Companies in $3.3 billion deal
Services firm WSP Global said on Monday it will acquire U.S. power and energy firm TRC Companies in a $3.3 billion all-cash deal. A surge in power consumption from data centers dedicated to artificial intelligence...
Roomba maker iRobot files for bankruptcy, to go private after buyout
Roomba vacuum cleaner maker iRobot said on Sunday that it had filed for bankruptcy protection, and would go private after being acquired by Picea, its primary manufacturer. The company, which raised concerns about...
ServiceNow in advanced talks to acquire cybersecurity startup Armis for upto $7 billion, says report
After Alphabet and Palo Alto Networks each acquired cybersecurity firms, tech company ServiceNow Inc., is in advanced talks to buy Armis, and Israeli military veterans-run cybersecurity startup for up to $7 billion...
HSBC’s $13.6 billion buyout proposal wins Hang Seng Bank board committee’s nod
Hong Kong’s Hang Seng Bank said on Monday an independent board committee found HSBC’s $13.6 billion take-private offer to be fair and reasonable, and recommended its minority investors vote in favour of the...
Australia’s Fortescue to buy remaining stake in Alta Copper, valuing it at $101 million
Australia’s Fortescue said on Monday it would buy the remaining 64% of Alta Copper, in a deal implying a total equity value of C$139 million ($101 million) for the Toronto-listed copper miner. Fortescue, through...
Coca-Cola holds last-ditch talks in bid to salvage Costa Coffee sale, FT reports
U.S. soft drinks company Coca-Cola’s proposed sale of Costa Coffee is at risk of collapsing, with the company holding last-ditch talks this weekend with private equity firm TDR Capital in an effort to salvage the...
