Thoma Bravo will acquire Verint Systems in a $2 billion deal, including debt, the customer engagement platform said on Monday, marking the latest software buyout as private equity firms increasingly bet on AI to...
Mercedes-Benz Pension Trust to sell its 3.8% stake in Nissan Motor
The pension trust of Mercedes-Benz will sell off its roughly $346 million shareholding, a 3.8% stake, in Nissan Motor, a spokesperson for the German carmaker said on Monday, adding to pressure on the Japanese...
Mizuho, MUFG join race by Japan’s banks for money manager deals overseas
Japanese banks Mizuho and MUFG are targeting buying or partnering with overseas money managers, they told Reuters, joining other Japanese financial companies aiming for a larger share of the global investing market...
Keurig Dr Pepper nears $18-billion deal for Dutch coffee company JDE Peet’s, WSJ reports
Keurig Dr Pepper is close to a roughly $18-billion deal to buy Dutch coffee company JDE Peet’s, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The merged company plans to later...
Coca-Cola explores sale of Costa Coffee, source says
U.S. soft drinks company Coca-Cola is working with investment bank Lazard to review options, including a potential sale, of British coffee chain Costa, a source familiar with the matter told Reuters on Sunday. Coca-Cola...
Databricks to buy Sequoia-backed Tecton in AI agent push
Databricks will acquire machine learning startup Tecton to expand its AI agent offerings, the latest in a string of deals aimed at offering full-scale AI building tools for enterprise customers, its chief executive told...
Crescent Energy nears deal for US shale peer Vital Energy, sources say
Crescent Energy is in advanced talks to acquire smaller peer Vital Energy, people familiar with the matter said on Friday, in a deal that would give the energy producer an extensive position in the Permian Basin. Terms...
US to take 10% equity stake in Intel, in Trump’s latest corporate move
President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker that converts government grants into an equity share, the latest extraordinary intervention by...
Cenovus to acquire MEG Energy in C$7.9 billion oil sands expansion deal
Canada’s Cenovus Energy announced on Friday it will acquire MEG Energy in a C$7.9 billion ($5.68 billion) cash-and-stock deal, ending weeks of speculation that it would emerge as a white knight for MEG, which is...
Air Liquide to buy South Korea’s DIG Airgas for $3.3 billion to bolster Asia footprint
Air Liquide has signed a binding deal to buy South Korea’s DIG Airgas from Macquarie Asia-Pacific Infrastructure Fund 2, valuing it at 2.85 billion euros ($3.3 billion), the French industrial gases group said on Friday...
UK competition watchdog begins probe into Getty Images-Shutterstock deal
Britain’s antitrust watchdog on Friday said it has launched an investigation into U.S.-listed Getty Images’ $3.7 billion merger with rival Shutterstock. The Competition and Markets Authority said it set...
France’s Lactalis strikes $2.2 billion deal for Fonterra’s consumer business
New Zealand’s Fonterra Co-operative Group said it will sell its global consumer and associated businesses to French dairy major Lactalis for NZ$3.845 billion ($2.24 billion), which sent its shares surging to a...
