World

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...

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Strathcona Resources has officially withdrawn its takeover bid for MEG Energy, just days after Cenovus Energy increased its offer and amended key terms in...

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...

Ardian to Acquire Energia Group in €2.5 Billion Deal to Boost Renewable Energy Portfolio

French private equity firm Ardian has announced an agreement to acquire Energia Group, one of Ireland’s leading utility providers, in a deal valued at...

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...

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...

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,...

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...