acquisition
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Boralex to Go Private in $9B Deal with Brookfield, La Caisse
Boralex will be acquired for $9 billion by Brookfield and La Caisse. The deal includes a 31.8% premium and delisting from the TSX by late 2026.
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Polymarket Acquires DeFi Infrastructure Startup Brahma
Prediction market platform Polymarket has acquired Brahma, a startup specializing in cryptocurrency and decentralized finance infrastructure, bolstering its capabilities in the rapidly evolving digital finance landscape.
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Mastercard Eyes BVNK Acquisition for $1.8 Billion
Payment giant Mastercard is reportedly nearing a deal to acquire stablecoin infrastructure startup BVNK for up to $1.8 billion, signaling a significant move into the digital asset space.
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Elon Musk Defends Tweets, Alleges Judge Bias in Twitter Lawsuit
Elon Musk defended his tweets about the Twitter acquisition in a San Francisco court, alleging judicial bias. This testimony is key to a class action lawsuit claiming his statements caused investor losses.
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Kraken Robotics to Acquire Covelya Group in $615M Strategic Move
Kraken Robotics announced a $615 million acquisition of Covelya Group, expanding its global maritime capabilities. The deal is partly funded by a $350 million public offering.
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Netflix NFLX Stock Soars as White House Talks Join Bidding War
Netflix Inc. (NFLX) stock surged 6% after CEO Ted Sarandos met with White House officials over the contested Warner Bros. acquisition, as Paramount raised its bid.
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Jollibee Group to Acquire Korea’s Shabu All Day Hot Pot Chain
Jollibee Group is set to acquire South Korea’s leading hot pot chain, Shabu All Day, in an $87 million deal. This strategic move aims to significantly expand Jollibee’s international presence and boost revenues.
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Brad Jacobs’ QXO Acquires Kodiak Building Partners, Stock Soars
QXO, founded by serial entrepreneur Brad Jacobs, has acquired Kodiak Building Partners for $2.25 billion, driving its stock up by over 11% today. This move advances QXO’s strategy to disrupt the North American building products distribution market.
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Nuveen Agrees to Acquire UK’s Schroders, Forming $2.5 Trillion Manager
Nuveen, LLC has announced an agreement to acquire UK-based asset manager Schroders plc for approximately £9.9 billion, a move set to create one of the world’s largest active global asset management firms with nearly $2.5 trillion in combined assets under…
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Virgin Media O2 Expands AI for Mobile, Nears £2BN Broadband Deal
Virgin Media O2 is bolstering its UK operations by deploying advanced AI to enhance mobile network reliability and is reportedly nearing a £2 billion acquisition of broadband provider Netomnia, aiming to challenge BT’s market dominance.
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Singtel Shares Surge as STT GDC Acquisition Talks Advance
Singapore Telecommunications (Singtel) shares saw a significant climb on the Singapore Exchange (SGX) following confirmation of advanced talks to join a KKR-led consortium for the acquisition of ST Telemedia Global Data Centres (STT GDC). The potential deal, valued at over…
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Peet’s Coffee Closes California Stores Amidst Keurig Dr Pepper’s $18B Acquisition Bid
Peet’s Coffee is shutting down nearly 30 locations across California, primarily in the Bay Area, as Keurig Dr Pepper pursues an $18 billion acquisition of its parent company, JDE Peet’s. The move signals a strategic realignment within the coffee giant’s…
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Boston Scientific Acquires Penumbra for $14.5 Billion, Reshaping Vascular Medtech
Boston Scientific has announced its acquisition of Penumbra, a leader in vascular technologies, for an estimated $14.5 billion. This landmark deal is set to expand Boston Scientific’s presence in fast-growing segments like mechanical thrombectomy, promising to redefine patient care for…
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Meta’s $2 Billion Acquisition of Manus Signals New AI Era
Meta Platforms has acquired Singapore-based AI startup Manus for $2 billion, aiming to integrate its innovative agents into Facebook, Instagram, and WhatsApp, while addressing geopolitical concerns and marking a pivotal moment for revenue-driven artificial intelligence.
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Alphabet Acquires Intersect to Boost Data Center and Energy Infrastructure Capacity
Alphabet is set to acquire Intersect for $4.75 billion, aiming to accelerate data center and energy infrastructure development amid intensifying AI competition. The deal highlights Google’s drive for innovation and its focus on renewable energy solutions.