OpenAI has acquired an artificial intelligence (AI)-powered finance app, Roi, the Verge reported on Friday. The terms of the deal were not disclosed. TechCrunch reported the recent acquisition, announced by chief...
Synechron Acquires Three Firms, Creating Largest Global ServiceNow Practice in Banking and Financial Services Sector
Synechron, a leading global digital transformation consulting firm, today announced the formation of a new global ServiceNow business via the acquisitions of RapDev, Calitii and Waivgen. * With the additions of RapDev...
Chevron puts $2 billion Colorado pipeline assets for sale, sources say
Chevron is selling a collection of pipeline assets in the Denver-Julesburg shale basin that are likely to fetch more than $2 billion, people familiar with the matter said. Investment bankers at Bank of America have been...
White Mountains to sell insurance agency Bamboo to CVC in $1.75 billion deal
White Mountains Insurance said on Friday it would sell a controlling interest in insurance distribution platform Bamboo to European private equity firm CVC in a deal that values the company at $1.75 billion. Shares of...
Mining giant Grupo Mexico returns with new offer for Citi’s Banamex
Mexican mining and transportation giant Grupo Mexico on Friday submitted an offer to purchase Citi’s retail unit in the country, known as Banamex, more than two years after it had scrapped previous plans to do so...
Ardian acquires $2.9 billion Irish utility Energia, FT says
French investment firm Ardian is acquiring one of Ireland’s largest energy utilities, Energia Group in a deal that values the Dublin-based firm at more than 2.5 billion euros ($2.93 billion), the Financial Times...
Yahoo nears deal to sell AOL to Italy’s Bending Spoons for $1.4 billion
Yahoo is in advanced talks to sell AOL to Italian technology company Bending Spoons for about $1.4 billion, four sources familiar with the matter said, as the Apollo Global Management-backed firm sheds one of the most...
Perplexity acquires Visual Electric to rival OpenAI’s Sora, Google’s Nano Banana
Perplexity AI has acquired artificial intelligence (AI) based image and video generation platform Visual Electric, the companies said in separate announcements on Wednesday. “We’ve acquired Visual Electric. The...
KKR explores $7 billion sale of stake in Canada’s Pembina Gas Infrastructure, sources say
KKR is exploring a potential sale of its 40% stake in Pembina Gas Infrastructure, with its holding in the Canadian midstream operator expected to be valued at around $7 billion, four people familiar with the matter said...
US offers to buy stakes in Australian critical minerals companies
The U.S. government has offered to buy equity in Australian critical minerals companies as part of a funding package to expand its supply and cut its reliance on China, executives recently returned from Washington said...
BlackRock’s GIP in talks to buy power company AES, sources say
BlackRock-owned Global Infrastructure Partners is in advanced talks to buy utility group AES, people familiar with the matter said on Wednesday, a deal that could be one of the largest ever involving a U.S.-listed power...
Czech billionaire Kretinsky to sell Thyssenkrupp steel stake as JV plans falter
Czech billionaire Daniel Kretinsky has agreed to sell his 20% stake in Thyssenkrupp’s steel unit and scrap plans for a joint venture for the business, both parties said in a joint statement, paving the way for a...
