Holders of a defaulted Venezuelan bond, some creditors and bidders that participated in a U.S. auction of shares in the parent of Venezuela-owned refiner Citgo Petroleumfiled objections to the auction’s...
Samsung to buy US healthcare services company Xealth
Samsung Electronics said on Tuesday it had signed an agreement to acquire Xealth, a U.S.-based healthcare platform, as part of its efforts to expand its mobile healthcare services business. The South Korean company did...
France’s Capgemini to buy outsourcing firm WNS for $3.3 billion
French IT services firm Capgemini has agreed to buy technology outsourcing company WNS for a cash payment of $3.3 billion to capitalize on their Agentic AI offerings for companies seeking to transform their business...
Australia’s Soul Pattinson, Brickworks secure funding for $9.15 billion Topco merger
Australian investment firm Washington H. Soul Pattinson and building materials group Brickworks said on Monday they have jointly secured full funding for their proposed merger to create a $9.15 billion ASX-listed entity...
UK’s Octopus Energy weighs $14 billion demerger of tech arm Kraken, Sky News says
Britain’s Octopus Energy is close to hiring bankers to oversee a 10-billion-pound ($13.7 billion) separation and stake sale of its technology arm Kraken Technologies, Sky News reported on Saturday, citing sources...
Dr. Phil’s Media Company Files for Bankruptcy Amid Dispute
Merit Street Media, the startup founded by celebrity psychologist Phil McGraw, filed for bankruptcy Wednesday in Texas, according to a court filing. The company reported assets and liabilities in the range of $100...
Poland completes negotiations to buy South Korean K2 tanks, agency says
Poland has completed negotiations with South Korea’s Hyundai Rotem to receive a second batch of K2 tanks and plans to sign a contract, South Korea’s defence procurement agency said on Wednesday. The specific...
Bunge completes long-delayed mega-merger with grain handler Viterra
Global agribusiness Bunge Global said it officially closed a long-delayed deal to merge with Glencore-backed Viterra on Wednesday, two years after announcing the $34 billion mega-deal. The merger creates a global crop...
KKR outbids Advent in $6.5 billion battle to buy UK’s Spectris
British scientific instruments maker Spectris has agreed to a takeover offer from U.S. investment firm KKR valuing it at 4.7 billion pounds ($6.46 billion) including debt, and has withdrawn its support for a rival offer...
TotalEnergies sells renewable assets in Portugal, buys them in Dominican Republic
TotalEnergies has sold 50% of its portfolio of renewable assets in Portugal and bought a half of AES’s renewable energy portfolio in the Dominican Republic, it said on Wednesday. The Portuguese assets were sold to...
Grammarly to acquire email startup Superhuman in AI platform push
Grammarly has signed a deal to acquire email efficiency tool Superhuman as part of the company’s push to build an artificial intelligence-powered productivity suite and diversify its business, its executives told...
Santander bolsters presence in UK with acquisition of TSB for $3.64 bln
Spain’s Santander on Tuesday said it had reached an agreement to acquire smaller rival Sabadell’s British unit TSB for initially 2.65 billion pounds ($3.64 billion) in an all-cash deal, subject to approval...
