FirstSun Capital Bancorp will buy First Foundation in an all-stock deal valued at $785 million, the companies said on Monday, as mergers and acquisitions within regional banks accelerate amid credit concerns in the...
Russia’s Lukoil says it plans to sell international assets due to Western sanctions
Russia’s second-largest oil producer, Lukoil, said on Monday it would sell its international assets following sanctions over Ukraine announced last week by the United States. The planned sale of the assets is the...
Australia’s Domino’s Pizza denies report of Bain Capital takeover bid
Domino’s Pizza Enterprises on Tuesday denied receiving a takeover proposal from Bain Capital after a report said the private equity firm was looking at buying the whole or part of the Australian franchise operator...
Albemarle to divest Ketjen control, Eurecat stake in deals worth $660 million
Albemarle said on Monday it will sell a 51% stake in its refining catalyst solutions business, Ketjen, to private equity firm KPS Capital Partners, and divest its 50% interest in the Eurecat joint venture to...
Novartis to acquire Avidity Biosciences for about $12 billion
Swiss drugmaker Novartis on Sunday said it agreed to acquire U.S. biotech firm Avidity Biosciences for about $12 billion in cash, as the company looks to bolster its portfolio of treatments for rare muscle disorders. As...
Thyrocare promoter sells 10% stake for Rs 667 crore
Docon Technologies, one of the promoters of Thyrocare Technologies, on Friday divested a 10 per cent stake in the diagnostics chain for Rs 667 crore through an open market transaction. According to the bulk deal data on...
SoftBank approves remaining $22.5 billion of OpenAI investment, the Information reports
SoftBank has approved a second installment of $22.5 billion to complete its $30 billion investment in OpenAI, tech news website the Information reported on Saturday. The Japanese investment group’s board has...
Brazil’s 2025 M&A deals set to remain below 2021 record, PwC report shows
The volume of merger and acquisition (M&A) deals in Brazil this year is set to remain below the record levels seen during the COVID-19 pandemic, data released by consultancy group PwC showed on Friday. WHY...
Bajaj Auto unit gets regulatory nod in Austria to take control over Pierer Mobility AG
Bajaj Auto on Friday said the Austrian Takeover Commission has approved its subsidiary’s acquisition of Pierer Mobility AG, the holding company of KTM AG. The commission ruled that Bajaj Auto International...
Premier Energies, Syrma SGS shares in focus on JV to acquire KSolare Energy for Rs 170 crore
Shares of Premier Energies Limited and Syrma SGS Technologies Limited are expected to be in focus on Friday, October 24, after the two companies announced a joint acquisition of KSolare Energy Private Limited, a Pune...
OpenAI acquires Software Applications, startup that built AI interface for Apple Macs
OpenAI announced on Thursday that it has acquired Software Applications, Inc., the company behind Sky, an AI-powered natural language interface for Mac computers. “With Sky, AI works alongside you, whether you’re...
Why are India’s top conglomerates racing to take over bankrupt Jaiprakash Associates?
Last week the Competition Commission of India (CCI) approved mining major Vedanta’s ₹17,000-crore bid for Jaiprakash Associates Ltd (JAL), the bankrupt flagship entity of Noida’s Jaypee Group. In doing so, it set the...
