OpenAI has agreed to acquire AI based coding tool Windsurf for around $3 billion, according to a Bloomberg report. The ancquisition of Windsurf (formerly called Codeium) is currently not closed and if completed would be...
Austria’s Erste Group strikes deal with Santander to expand in Poland
Erste Group Bank has bought a 49% stake in Santander’s Polish bank for around 6.8 billion euros ($7.7 billion), turning Austria’s largest lender into one of the most important banks in Poland and freeing up...
Spain to hold public consultation over BBVA-Sabadell deal
The Spanish government will open a public consultation over the proposed acquisition of Banco Sabadell by its larger rival BBVA, Prime Minister Pedro Sanchez said on Monday. “The Spanish government will open...
US fuel distributor Sunoco to buy Canada’s Parkland for $9 billion
U.S. fuel supplier Sunoco has struck a $9.1-billion deal to buy Canada-based Parkland, a move that would create the Americas’ largest independent fuel distributor but which Parkland’s largest shareholder...
Shell likely to acquire BP, energy giant weighs in merits of the deal amid potential oil prices decline
Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it’s waiting for further stock and oil price declines before deciding whether to pursue a bid, according to people familiar with...
Anduril to acquire Ireland’s Klas to bolster AI warfare systems
AI-powered defense startup Anduril Industries on Monday said it has entered into a definitive agreement to acquire Ireland-based tactical communications systems maker Klas. Anduril, along with software maker Palantir...
Buyout firm Apax favorite to win Finastra unit in $2 billion deal, sources say
Private equity firm Apax Partners has emerged as the frontrunner to buy Finastra’s treasury and capital markets (TCM) business for around $2 billion including debt, people familiar with the matter said on Friday...
Corpay in talks over possible takeover of UK’s Alpha Group
Business payments firm Corpay Inc. said on Friday it was in talks with Alpha Group International about a possible cash offer for the UK-based financial services provider. Corpay, which offers tools that allow businesses...
Meiji, Lactalis, Saputo, Warburg may bid in Fonterra’s $2.4 billion sale, sources say
Companies including Japan’s Meiji, French group Lactalis and Canada’s Saputo are considering bidding for the units dairy giant Fonterra is seeking to divest, two sources with knowledge of the matter said...
J&J-backed HistoSonics explores sale at $2.5 billion valuation, FT reports
HistoSonics, a medical technology company backed by Johnson & Johnson, is exploring a potential sale at a valuation of more than $2.5 billion after receiving multiple takeover offers, the Financial Times reported on...
Equinor sells 60% stake in Brazil’s Peregrino field to Prio for $3.5 billion
Equinor Brasil Energia, a subsidiary of Norway’s Equinor, has agreed to sell its 60% operated interest in Brazil’s Peregrino oil field to Prio Tigris, a subsidiary of PRIO SA, for $3.5 billion, Equinor said...
Meiji, Lactalis, Saputo, Warburg may bid in Fonterra’s $2.4 billion sale, sources say
Companies including Japan’s Meiji, French group Lactalis and Canada’s Saputo are considering bidding for the units dairy giant Fonterra is seeking to divest, two sources with knowledge of the matter said...
