Uber said it would buy a majority 85% stake in Turkish food and grocery delivery platform Trendyol Go for $700 million, as the ride-hailing giant looks to tap new growth markets amid signs of saturation in its mainstay...
Aster to acquire Chevron Phillips Singapore Chemicals
Aster Chemicals and Energy will acquire Chevron Phillips Singapore Chemicals through its affiliate Chandra Asri Capital, the company said in a press release on Wednesday. Chevron Phillips Singapore Chemicals currently...
Samsung Electronics says unit Harman acquires Masimo’s audio business for $350 mln
Samsung Electronics said on Wednesday its unit Harman International signed a deal to acquire U.S. firm Masimo’s audio business for $350 million. It plans to combine Masimo’s audio business with Harman to...
Shoemaker Skechers to be acquired for $9 billion, taken pvt by 3G Capital
Skechers is being acquired for $9 billion and taken private by the investment firm by 3G Capital. The board of Skechers unanimously approved the deal, the companies said Monday. The offer of $63 per share represents a...
Second time lucky? KKR looks to sell RE Sustainability again, likely to fetch up to $1.5 billion
American private equity (PE) giant KKR is planning to relaunch the sale of its waste management portfolio company after a delay of almost a year, three people with knowledge of the matter said. The PE firm is eyeing up...
OpenAI agrees to buy AI coding startup Windsurf for $3 billion: Report
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...
