Bain Capital announced today it has signed a definitive agreement to acquire Mitsubishi Tanabe Pharma Corporation (MTPC) in a carve-out transaction from Mitsubishi Chemical Group Corporation. The acquisition values MTPC at approximately 510 billion JPY (3.3 billion USD) and is led…
Veteran trader and market analyst Larry Williams has released his highly anticipated annual forecast for 2025, predicting a bullish year for the U.S. stock market but cautioning investors to brace for potential volatility and a possible downturn in 2026. In his 20th…
MIAMI: Corient, one of the nation’s largest and fastest-growing national wealth advisors, announced on Thursday that it has acquired Rootstock Advisors, a Pennsylvania-based registered investment advisory firm with approximately $600 million in assets under management as of January 31, 2025….
BOSTON: Bending Spoons, an Italy-based technology company, has finalized its acquisition of U.S.-based streaming technology firm Brightcove Inc. (NASDAQ: BCOV) in an all-cash transaction valued at approximately $233 million, or $4.45 per share. The definitive acquisition agreement was signed in November 2024….
DeepSeek, a Chinese AI company, has recently developed new AI models that have significantly impacted global companies’ profits. The company managed to build these models for just $6 million, a fraction of the usual cost, and has decided to release the technology…
MELBOURNE: ATLAS Space Operations® has secured a strategic partnership with HawkEye 360, the world’s leading space-based radio frequency (RF) data and analytics provider. This collaboration will enhance HawkEye 360’s RF monitoring capabilities by integrating ATLAS’ Mingenew, Australia, and Awarua, New…
LONDON: Diageo has sold its 80.4% stake in Guinness Ghana Breweries to Castel Group for $81 million, marking a strategic shift in its African operations. The deal, announced Tuesday, follows months of speculation about Diageo’s plans in West Africa, which the company…
Stargate, a joint venture led by OpenAI, Oracle, and SoftBank, will invest $500 billion for artificial intelligence infrastructure in United States. President Donald Trump announced the three companies plan to build 20 massive datacenters and create 100,000 jobs in the…
LONDONH: Dawsongroup, a leading independent asset leasing business, and KKR, a global investment firm, announced today that KKR has entered into a binding agreement to acquire Dawsongroup. The acquisition is part of KKR’s Global Climate strategy aimed at scaling net-zero…
Wabtec Corporation (NYSE: WAB) has announced a definitive agreement to acquire Evident’s Inspection Technologies division. The division, formerly part of the Scientific Solutions Division of Olympus Corporation, is recognized globally for its industry-leading technologies in Non-Destructive Testing, Remote Visual Inspection,…
TORONTO: Uvaro, a leader in career success and workforce development programs, has acquired tech education leader Lighthouse Labs, becoming one of Canada’s largest workforce development organizations. This acquisition aims to create a national platform and network that will equip individuals,…
The World Bank has released a report emphasizing the urgent need for effective AI governance as artificial intelligence becomes increasingly integral to global economies and societies. The rapid advancement of AI technologies and their widespread adoption across various sectors, including healthcare, finance,…