Spain’s state holding company SEPI has resumed talks to merge Indra with privately held defence firm Escribano Mechanical & Engineering (EM&E) in a deal the Spanish government deems strategically...
Reuters.com
Hanwha Aerospace drops plan to acquire Poongsan’s defence unit
South Korea’s Hanwha Aerospace said in a regulatory filing on Thursday it has discontinued a review of whether to acquire Poongsan’s defence business unit. Hanwha, which has emerged as South...
Ex-Rio Tinto CEO’s deep-sea mining firm to merge with Odyssey in $1 billion deal
A deep-sea mining firm led by former Rio Tinto CEO Tom Albanese will merge with Odyssey Marine Exploration in a $1 billion all-stock deal aimed at building one of the world’s largest portfolios of underwater...
Samsung Electronics’ shareholder Shinhan Bank launches $2.1 billion share sale – term sheet
Samsung Electronics shareholder Shinhan Bank launched a sale of about $2.1 billion worth of shares in the South Korean company, according to a term sheet seen by Reuters on Wednesday. Shinhan Bank is offering 15...
UK’s Senior agrees to $1.9 billion takeover by aerospace investor Tinicum and Blackstone
Senior Plc agreed on Tuesday to a 1.4 billion pound ($1.9 billion) takeover proposal from a consortium comprising Tinicum and Blackstone, potentially ending months of pursuit of the British aerospace and defence...
ING terminates sale agreement for Russian business
Dutch lender ING said on Tuesday it had terminated the agreement to sell its Russian business to Moscow-based Global Development JSC, announced in January 2025. In a press release, the bank said the decision was...
Nvidia acquisition of SchedMD sparks worry among AI specialists about software access
A niche acquisition by Nvidia has raised concerns among artificial-intelligence and supercomputer specialists who see the move as a test of the biggest AI chip company’s commitment to maintaining a fair playing...
Neurocrine expands into metabolic diseases with $2.9 billion Soleno buyout
Neurocrine Biosciences will acquire rare-disease drugmaker Soleno Therapeutics for $2.9 billion in cash, the companies said on Monday, marking the neuroscience-focused drugmaker’s expansion into metabolic...
Paramount in talks for Gulf backing in Warner takeover, WSJ reports
Paramount Skydance is in talks to secure signed equity commitments of almost $24 billion from three sovereign wealth funds led by Saudi Arabia to help back its takeover of Warner Bros Discovery, the Wall Street...
Hanwha seeks to buy Poongsan’s ammunition business for about $1.1 billion, newspaper says
South Korea’s largest defence firm, Hanwha Aerospace, submitted a bid to buy the defence business of ammunition maker Poongsan in a deal that could be worth around 1.5 trillion won ($1.1 billion), a South Korean...
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...
