TOKYO – In a move that highlights the global focus on critical chip technology, a fund backed by the Japanese government has unveiled a proposed $6.3 billion acquisition of JSR, a prominent semiconductor material giant. The Japanese Investment Corporation (JIC)…
IBM has announced that it will pay $4.6 billion in cash to acquire Apptio, a software company that helps customers optimize their IT spending and operations. The deal, which is expected to close in the second half of this year,…
PARIS, FRANCE: Virginie Leroy has been appointed as the President of VINCI Immobilier, effective from 1 August 2023. The decision comes as VINCI Immobilier, a prominent real estate development company, looks to navigate new opportunities and challenges in the ever-evolving…
OSLO, NORWAY: Gjensidige Forsikring has agreed to acquire PenSam Forsikring (PF), a P&C insurance provider in Denmark. The acquisition is subject to regulatory approvals in Denmark and Norway and is expected to be completed during the fourth quarter of 2023….
PARIS, FRANCE: Renault Group and Alpine have announced a significant investment of €200 million from Otro Capital, RedBird Capital Partners, and Maximum Effort Investments, collectively known as the “Investor Group.” This investment will grant the Investor Group a 24% equity…
PARIS: Euronext, the leading pan-European market infrastructure, today announces it has entered into a definitive agreement for the sale of its 11.1% stake in LCH SA to LCH Group Holdings Limited (LCH Group), for an amount of €111 million. The…
LONDON, UK: Wildcat Petroleum, an oil and gas exploration company, has announced the signing of a Memorandum of Understanding (MOU) with a third party expressing interest in conducting due diligence on potential deals sourced by Wildcat from Sudan. The third…
LONDON, UK: Aston Martin Lagonda Global Holdings and Mercedes-Benz AG have announced that they have agreed to amend their Strategic Co-operation Agreement (“SCA”), which was signed in October 2020. The SCA gave Aston Martin access to a range of Mercedes’…
LONDON, UK: Aston Martin Lagonda Global Holdings and Lucid Group Inc. have unveiled a groundbreaking partnership that promises to revolutionize the future of Aston Martin’s electric vehicle (EV) lineup. The two automotive powerhouses have announced their intention to enter into…
LONDON, UK: DeepVerge plc (AIM: DVRG), an environmental and life science artificial intelligence company, has announced that trading of its shares on AIM will be temporarily suspended from 7.30 a.m. Monday, pending clarification of its financial position. The company said…
RIYADH, KSA: Saudi Arabian Oil Company (Aramco) and TotalEnergies have recently joined forces in a significant partnership, signing an $11 billion contract to commence the construction of a state-of-the-art petrochemicals complex in Saudi Arabia. The joint statement, released by both…
PARIS, FRANCE: Capgemini, a global leader in consulting, digital transformation, technology and engineering services, announced today that it has signed a deal to acquire BTC Corporation (BTC), a leading cloud and digital services provider in Japan. The acquisition will enhance…