ChatGPT-maker OpenAI has acquired online talk show TBPN. However, OpenAI did not reveal the terms of the deal. OpenAI confirmed that TBPN will remain editorially independent, keeping full control over its programming...
International News
Goldman Sachs completes Innovator Capital acquisition, lifting ETF assets to $90 billion
Goldman Sachs said on Thursday it has completed the acquisition of active exchange-traded fund provider Innovator Capital Management, expanding the Wall Street bank’s presence in the fast-growing active ETF...
Amazon eyes $9 billion Globalstar deal to rival SpaceX’s Starlink, FT reports
Amazon is in talks to buy satellite telecom group Globalstar as it ramps up efforts to build its own low-earth-orbit satellite business to rival SpaceX’s Starlink, the Financial Times reported on Wednesday...
Ferretti board says sweetened KKCG Maritime offer ‘not fair or reasonable’
Italian yacht maker Ferretti said on Thursday its board considers a sweetened offer by Czech investment firm KKCG Maritime “not fair or reasonable” for independent shareholders. KKCG Maritime, which...
Intel to buy back Apollo stake in Ireland factory for $14.2 billion
Intel said it would spend $14.2 billion to buy back the 49% stake it sold to Apollo Global Management in its Ireland manufacturing facility, taking full ownership of the plant as its finances improve and AI drives...
PE firm Arcline walks away from bid for UK’s Senior as other suitors circle
The field of suitors for British aerospace and defence supplier Senior Plc narrowed after private equity firm Arcline Investment Management dropped out of buyout talks on Wednesday, though negotiations with other...
Libya’s Haftar acquires combat drones despite UN embargo
Eastern Libya’s military leader, Khalifa Haftar, has acquired what appear to be Chinese and Turkish combat drones, Reuters reporting has found, despite a long-standing U.N. embargo on supplying weapons to the...
Activist investor Jana Partners discloses 5% stake in Alkami Technology
Activist investor Jana Partners has taken a 5.1% stake in Alkami Technology, as it believes that the banking technology company’s shares are undervalued. Jana owned 5.4 million shares of Alkami, a Plano, Texas...
Amazon eyes $9 billion Globalstar deal to rival SpaceX’s Starlink, FT reports
Amazon is in talks to buy satellite telecom group Globalstar as it ramps up efforts to build its own low-earth-orbit satellite business to rival SpaceX’s Starlink, the Financial Times reported on Wednesday...
Estee Lauder, Puig advance talks for a stock‑based deal, Bloomberg News reports
U.S. cosmetics giant Estee Lauder and Spanish firm Puig are advancing talks to combine in a deal that would consist mostly of stock, Bloomberg News reported on Wednesday, citing people familiar with the matter. The...
Investor Artisan Partners backs Unilever’s plan to sell food unit
Artisan Partners, which has a history of driving strategic change at consumer companies, welcomed Unilever’s decision on Tuesday to merge its food business with McCormick, saying the Dove soap maker should now be...
KKR plans to privatise Japan’s Taiyo Holdings with $3.3 billion tender offer
Global investment firm KKR said on Tuesday that an entity owned by its investment funds seeks to make a tender offer to buy all shares of Japanese chemical manufacturer Taiyo Holdings for 528.56 billion yen ($3.33...