LIVINGSTON – Cloud computing provider CoreWeave Inc said on Thursday it has agreed to acquire Marimo Inc, the creator of an open-source, AI-native notebook for Python, as it builds out its suite of tools for artificial intelligence developers. The acquisition aims to integrate Marimo’s reactive development environment into the CoreWeave Cloud, creating a more…
LONDON: Swiss electronics manufacturer Cicor Technologies Ltd. has agreed to acquire British rival TT Electronics Plc in a recommended cash and share deal that values TT at approximately £287 million, the companies said on Thursday. The acquisition will create the largest pure-play global electronics manufacturing services (EMS) provider in the high-mix, low-volume sector, which focuses…
TOKYO – The Chiba Kogyo Bank Ltd. (8337.T) said on Wednesday it will acquire all outstanding shares in two consolidated subsidiaries, Chiba General Lease Co. and Chiba Kogin Computer Soft Co., as part of a strategic move to strengthen governance and accelerate decision-making across its banking group. The bank’s board approved the plan to…
NEW YORK – Starr, a global investment and insurance organization, today announced that it has entered into a definitive agreement to acquire IQUW Group. The acquisition of IQUW Group will expand the classes of business that Starr underwrites and will position the combined company for growth across a broader range of global market segments.…
DALLAS – Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, has signed a definitive agreement to divest the Micromax portfolio of products to Element Solutions Inc (NYSE: ESI). Under the terms of the agreement, Celanese will receive approximately $500 million in cash, subject to adjustments. “The agreement to divest Micromax benefits…
LONDON: British venture capital firm B.P. Marsh & Partners Plc (BPM.L) said on Tuesday it has agreed to sell its entire 28.2% stake in Canadian insurer Stewart Specialty Risk Underwriting Ltd. (SSRU) to Ryan Specialty Holdings Inc (RYAN.N) for a cash consideration that could reach up to 62 million Canadian dollars (£33.2 million). The…
LONDON: British software firm Idox plc said on Tuesday it had agreed to a recommended cash acquisition by Frankel UK Bidco Limited, a vehicle indirectly owned by U.S. investment manager Long Path, valuing the company at approximately £339.5 million ($[Insert approximate USD equivalent]). Under the terms of the deal, Idox shareholders will receive 71.5 pence…
SYDNEY – Australian insurance intermediary AUB Group Ltd said on Wednesday it has received an unsolicited, non-binding proposal from private equity firm EQT to acquire the entire company for A$45.00 per share in cash. The indicative offer from EQT’s affiliated entity, Arbutus Pte. Ltd, values the ASX-200 listed company at a significant premium and…
LONDON: Anemoi International Ltd has entered into a non-binding term sheet for the proposed acquisition of 100% of the issued share capital of Trasna Solutions Technologies Limited by way of a reverse takeover (RTO). Acquisition of Trasna for total consideration of up to £150 million, payable entirely via the issue of new ordinary shares…
LONDON: Schroders Capital Global Innovation Trust plc announced that its portfolio company, Securiti AI, has signed a definitive agreement to be acquired by Veeam Software for a total consideration of US $1.725 billion, as announced on 21 October 2025. Schroders Capital has been invested indirectly in Securiti since 2019 and, in November 2023, the…
ZURICH: Swiss drugmaker Novartis (NOVN.S) said on Sunday it has agreed to acquire U.S. biotech firm Avidity Biosciences (RNA.O) in a deal valued at approximately $12 billion, expanding its reach into the promising field of RNA therapeutics. Under the terms of the agreement, Novartis will pay $72 per share in cash for Avidity, representing…
BRISTOL: Electro-Mechanical, LLC, a leading U.S. manufacturer of medium voltage switchgear and electrical apparatus, announced Friday it has acquired Powercon Corporation, a Maryland-based provider of custom-designed power distribution systems. Founded in 1959, Powercon brings more than six decades of engineering expertise in medium voltage switchgear, e-houses, and modular substation power systems. The acquisition strengthens…