Senior U.S. officials held preliminary discussions with major AI companies about the potential for the government to buy some shares in their firms, digital news outlet NOTUS on Thursday, citing three people familiar...
Reuters.com
Goldman Sachs buys ₹210-crore stake in Groww parent via block deal
Global financial services firm Goldman Sachs on Thursday bought more than 1.13 crore shares of Billionbrains Garage Ventures, the parent company of Groww, from venture capital firm Friale for ₹210 crore through an open...
Ares-backed medical spa chain LaserAway explores sale, sources say
LaserAway is exploring a sale that could value the medical spa chain at more than $2 billion, according to people familiar with the matter. The company, which is backed by its founders, Ares Management and Seidler...
Universal Music buys back part of Ackman’s Pershing stake after $64 billion bid fails
Universal Music Group said on Thursday it has repurchased some of the shares sold by Bill Ackman’s Pershing Square, after the billionaire investor’s takeover proposal for the music company was rejected...
A SpaceX-Tesla merger may be too big to stop
What better way to follow up the biggest initial public offering in history than with the biggest M&A deal? As rocket-maker SpaceX soars towards a listing that could value it at $1.75 trillion, a tie-up with the...
EU regulators pause probe into $1.65 billion UPM-Sappi deal, await data
EU antitrust regulators have paused their review of a proposed €1.42 billion ($1.65 billion) paper joint venture between Finland’s UPM-Kymmene and South African-listed Sappi, pending information from the...
Italy to approve Ludoil’s acquisition of Sicilian oil refiner
Italy’s government will give its green light to a planned acquisition of Sicilian oil refiner ISAB by Ludoil, the country’s energy minister told Reuters on Thursday. “Yes, the last details are...
Australia approves Ampol’s $789 million acquisition of EG Australia
Australia’s competition watchdog on Wednesday approved Ampol’s A$1.1 billion ($789.47 million) acquisition of EG Australia, the local arm of Britain’s EG Group, subject to the divestment of 41 Ampol...
Macquarie, IG4 to sell controlling stake in Brazil’s CLI to AD Ports for $835 million
Australia’s Macquarie Group said on Tuesday its asset management arm and Brazil’s IG4 Capital agreed to sell a controlling stake in Corredor Logística e Infraestrutura S.A (CLI) to AD Ports Group for $835...
BP held talks to sell North Sea assets to Ithaca for £2 billion, FT reports
BP held advanced talks to sell its UK North Sea assets to Ithaca Energy in a deal worth nearly £2 billion ($2.69 billion), the Financial Times reported on Tuesday, citing people familiar with the matter. While the...
Berkshire Hathaway to buy Taylor Morrison for $6.8 billion in cash to expand in housing
Berkshire Hathaway agreed to buy Taylor Morrison Home Corp for $6.8 billion in cash, expanding the conglomerate’s housing business in Greg Abel’s first multi-billion-dollar acquisition since replacing...
Lactalis acquires UK protein brand Protein Works
Lactalis said it had acquired Britain’s Protein Works, as the world’s largest dairy group continues to expand to meet fast-growing demand for protein-rich foods and nutrition products. The French group has...
