With the exception of those part of the previously announced redundancy plan, all of the approximately 1,350 employees in France will be retained and remain on the same employment terms and conditions. The acquisition...
Salesforce Signs Definitive Agreement to Acquire Informatica
Thoma Bravo and Cloud Software Group were part of the five interested buyers of the asset, that person and another person familiar with the process said. Salesforce said it would buy Informatica for about $8 billion...
Harmony Gold agrees to buy Australian Mac Copper for $1 billion
JOHANNESBURG, May 27 (Reuters) – Harmony Gold, South Africa’s top gold producer by volume, has agreed to buy Australian miner Mac Copper Ltd in a deal worth $1.03 billion as it steps up a diversification into copper...
US investment firm Redbird agrees to buy Britain’s venerable Telegraph newspaper
LONDON (AP) — A consortium led by U.S. investment firm RedBird Capital Partners has agreed to buy the publisher of Britain’s 170-year-old Daily Telegraph newspaper for about 500 million pounds ($674 million), the two...
Motorola Solutions nears $4.5 billion deal for radio maker Silvus
Motorola Solutions Inc. is in advanced talks to acquire closely held wireless-radio maker Silvus Technologies for around $4.5 billion, according to people familiar with the matter. The companies could announce a deal...
Microsoft-Backed Builder.ai Set for Bankruptcy After Cash Seized
Builder.ai, the British artificial intelligence startup backed by Microsoft Corp. and the Qatar Investment Authority, is filing for bankruptcy after the chief executive officer said a major creditor had seized most of...
OpenAI to acquire Apple veteran designer Jony Ive’s startup io in $6.5 billion deal to create AI devices
OpenAI has announced it will acquire io, the AI hardware startup co-founded by legendary Apple designer Jony Ive, in an all-stock deal valued at nearly $6.5 billion. This marks OpenAI’s bold entry into the hardware...
India’s Bajaj Auto to take control of KTM with $906 million debt deal
India’s Bajaj Auto plans to take control of KTM AG as part of an 800 million euro ($906.2 million) debt package aimed at reviving the troubled Austrian motorcycle maker, it said on Thursday. The move will see the...
Sanofi to acquire Vigil Neuroscience in $470 million deal to boost neurological pipeline
Sanofi will acquire Vigil Neuroscience, a clinical-stage biotech company in a $470 million deal, the companies said on Thursday, as the French drugmaker seeks to boost its neurological pipeline through an...
AT&T agrees to buy Lumen’s consumer fiber business for $5.75 billion
AT&T has clinched a deal to acquire Lumen Technologies’ consumer fiber operations for $5.75 billion in cash, the companies said on Wednesday, as the wireless provider adds further scale to its national fiber...
UK’s Johnson Matthey in talks to sell Catalyst Technologies unit
Britain’s Johnson Matthey confirmed on Wednesday that it is in advanced discussions over a potential sale of its Catalyst Technologies division, in a deal that could be worth more than $2 billion. The London-based...
Canal+ set to gain conditional approval for MultiChoice takeover
South Africa’s Competition Commission recommended France’s Canal+ takeover of pay TV broadcaster MultiChoice Group be approved with conditions, clearing a major hurdle on Wednesday. If final approval is...
