Business
Goldman Sachs to Acquire Industry Ventures in $965 Million Deal to Strengthen Tech Investment Reach
Goldman Sachs has announced a definitive agreement to acquire Industry Ventures, a leading venture capital platform, in a deal valued at up to $965...
Local News
Strathcona Withdraws MEG Energy Takeover Bid After Cenovus Ups Offer
Strathcona Resources has officially withdrawn its takeover bid for MEG Energy, just days after Cenovus Energy increased its offer and amended key terms in...
Local News
BASF Sells Majority Stake in Auto Coatings Unit to Carlyle for $6.7 Billion
German chemical giant BASF has agreed to sell a majority share in its automotive coatings division to U.S. private equity firm Carlyle Group for...
Business
Froneri Secures €1.4 Billion Investment, Reaches $17.6 Billion Valuation
Ice cream giant behind Häagen-Dazs U.S. sees major backing from PAI Partners and Abu Dhabi Investment Authority**
Froneri, the global ice cream manufacturer known for...
Business
BlackRock Targets $20 Billion Aligned Data Centers Deal to Capitalize on AI Infrastructure Surge
BlackRock Inc., the world’s largest asset manager, is positioning itself at the heart of the rapidly growing artificial intelligence industry. The firm is nearing...
Business
BYD Thanks Buffett and Munger After Berkshire Exit, Calls Share Sale “Completely Normal
In a graceful and appreciative farewell, Chinese electric vehicle giant BYD has publicly acknowledged Berkshire Hathaway’s complete exit from its shareholding in the company,...
Business
Europe’s IPO Surge Signals Potential Market Revival After Prolonged Lull
Europe's initial public offering (IPO) market is showing promising signs of revival, with a recent uptick in activity across various sectors. After years of...
Business
Santos Confirms $18.7 Billion Takeover Bid Withdrawn by XRG-Led Consortium
SYDNEY — Santos Ltd. has confirmed that a consortium led by Abu Dhabi National Oil Company (Adnoc), through its XRG unit, has officially withdrawn...
