Danish offshore wind developer Orsted has agreed to sell a 55% stake in its Greater Changhua 2 offshore wind farm in Taiwan to life insurance company Cathay in a deal worth around 5 billion Danish crowns ($788.74...
Alphabet to buy clean energy developer Intersect in $4.75 billion deal amid AI push
Alphabet said on Monday it would buy clean energy developer Intersect for $4.75 billion in cash, plus assumed debt, as tech giants spend billions to expand the computing and power capacity necessary for developing...
Lease-to-Own Firm FlexShopper Files Bankruptcy After Firing CEO
FlexShopper Inc., a publicly traded provider of lease-to-own financing for appliances, electronics and other consumer products, filed for bankruptcy months after firing its chief executive officer following an internal...
CACI expands space, defense footprint with $2.6 billion ARKA buy
U.S. defense contractor CACI International will acquire space technology provider ARKA Group from funds managed by Blackstone Tactical Opportunities for $2.6 billion, expanding its footprint in national security and...
Howmet to buy Stanley Black & Decker’s aerospace unit for $1.8 billion
Howmet Aerospace will buy aircraft fastener maker Consolidated Aerospace Manufacturing from Stanley Black & Decker for an all-cash price of about $1.8 billion, the companies said on Monday. The transaction comes a...
Trian, General Catalyst to buy Janus Henderson for $7.4 billion
Nelson Peltz’s Trian and VC firm General Catalyst have agreed to buy asset manager Janus Henderson for $7.4 billion, the companies said on Monday, bringing to close a more than five-year activist campaign by the...
Australian retirement fund to buy $576 million stake in Westfield Sydney mall
The Australian Retirement Trust (ART) will acquire a near 20% stake in Scentre Group’s iconic Westfield Sydney shopping mall for A$864 million ($575.68 million), the shopping centre owner said on Tuesday. The sale...
Samsung Biologics to buy US drug production facility from GSK for $280 million
South Korea’s Samsung Biologics said on Monday it is acquiring its first U.S. drug production facility from GSK for $280 million to respond to long-term U.S. market demand. The company’s U.S. unit...
Permira, Warburg near $8.2 billion deal for Clearwater Analytics, sources say
A group of private equity firms led by Permira and Warburg Pincus has clinched a deal to acquire investment and accounting software maker Clearwater Analytics Holdings for about $8.2 billion, including debt, two...
BioMarin to buy Amicus Therapeutics for $4.8 billion in rare disease bet
BioMarin Pharmaceutical said on Friday it would acquire Amicus Therapeutics for about $4.8 billion, in the drugmaker’s second deal this year to expand its presence in rare diseases. The acquisition gives BioMarin...
Nvidia-Intel deal cleared by US antitrust agencies
U.S. antitrust agencies have cleared Nvidia’s investment in Intel, according to a notice posted by the U.S. Federal Trade Commission. While the notice did not specify the details of the transaction, Nvidia said in...
BNP Paribas in exclusive talks to buy Mercedes-Benz’s car-leasing unit in $1.2 billion deal
BNP Paribas is in exclusive talks with German carmaker Mercedes-Benz to acquire its car-leasing subsidiary Athlon, the French bank said on Thursday, in a transaction valued at approximately 1 billion euros ($1.17...
