OpenAI is in discussions to buy artificial intelligence-assisted coding tool Windsurf for about $3 billion, Bloomberg News reported on Wednesday, citing a person familiar with the matter. The deal would be...
Lyft to enter European market with $200 million FreeNow acquisition
Lyft is buying mobility platform FreeNow from German automotive giants BMW and Mercedes-Benz for 175 million euros ($198.40 million) to expand into the European ride-hailing market, the U.S. company said on Wednesday...
Poland’s InPost acquires UK parcel firm Yodel
Parcel locker company InPost said on Thursday that it had acquired Yodel, one of Britain’s biggest parcel delivery firms, in a move that will make the Polish group the third-largest independent logistics player in...
Insignia extends exclusivity window for Bain and CC Capital bids
Australia’s Insignia Financial said on Thursday that it has extended the exclusivity period by four weeks for both its bidders, Bain Capital and CC Capital Partners, to consider their proposals to acquire the...
Stellantis-backed Comau buys logistic automation firm Automha
Italy-based robotic company Comau signed a binding agreement to acquire full control of Automha, an Italian firm operating in the logistic automation sector, from current owner Trasma, the three companies said on...
Two funds managed by UK’s Foresight Group LLP to buy Harmony Energy in $278 million deal
Two funds managed by British investment manager Foresight Group LLP said on Wednesday they would buy battery storage investment firm Harmony Energy Income Trust in a deal that values the company at about 209.9 million...
Goldman Sachs buys majority stake in HR firm PeopleStrong
Goldman Sachs Alternatives, the private equity arm of Goldman Sachs, has acquired a majority stake in PeopleStrong, a leading human capital management SaaS provider, the company said on Tuesday. According to sources...
Competition Comm okays Aster DM Healthcare-QCIL proposed merger
The Competition Commission of India (CCI) on Tuesday cleared the proposed merger of Aster DM Healthcare and Quality Care India, and the merged healthcare entity will be named Aster DM Quality Care. Aster is a healthcare...
Meta’s Zuckerberg eyed Instagram spinoff amid antitrust scrutiny, document shows
Meta CEO Mark Zuckerberg considered spinning off popular photo-sharing app Instagram in 2018 over concerns about the growing risk of antitrust scrutiny, according to a document shown at a trial in Washington on Tuesday...
Banknote printer De La Rue backs $347 million offer from U.S. firm Atlas
British banknote printer De La Rue on Tuesday backed a $347 million takeover bid by U.S. buyout firm Atlas Holdings, offering a 16% premium over Monday’s closing price, and snubbed a higher, preliminary offer from...
KKR to acquire German IT firm Datagroup for about $500 million
Frankfurt-listed IT services provider Datagroup said on Tuesday that it had entered into an all-cash acquisition agreement with U.S.-based private equity firm KKR, valuing the company at about 450 million euros ($508.32...
Kuwait commences merger of state oil firms KNPC and KIPIC, Kuna reports
Kuwait has begun taking executive steps to merge two of its state-owned oil firms, news agency Kuna reported on Tuesday, as the OPEC producer seeks to restructure its energy industry. Kuwait National Petroleum Company...
