Cisco Completes $28 Billion Acquisition of Splunk Without Being Blocked by Antitrust Regulators
Networking giant Cisco has announced the $28 billion acquisition of digital infrastructure firm Splunk.
Mergers & Acquisitions
Enerplus Misses Q1 2024 Profit Targets While Processing Acquisition by Chord
Canadian oil and energy company Enerplus reported an 18.6% revenue loss for its Q1 2024 report compared to figures at the same period last year.
Private Equity Firms Eye Peloton Amid CEO Departure, Cost-Cutting Talks
Private equity firms are considering buying Peloton amid the CEO's departure and cost-cutting efforts. Restructuring aims to reduce expenses, and debt refinancing is in progress...
Steve Wozniak’s Space Firm Privateer Buys Orbital Insight, Raises $56.5 Million in Funding
Steve Wozniak’s space date company Privateer has acquired Orbital Insight for an undisclosed amount...
EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition
The European Union (EU) has approved Japan's Nippon Steel's acquisition of US Steel for $14.9 billion despite facing opposition in the United States...
Paramount-Skydance Merger Might Not Happen as Shari Redstone-Controlled Entertainment Firm Allegedly Backs Away
Paramount reportedly pulling out from the proposed merger with Skydanc...
Nvidia Now Acquiring Close Partner Run:ai! Acquisition Price, Purpose, Other Details
Nvidia is acquiring Run:ai. Here's what the giant GPU manufacturer pla...
Latest News
HashiCorp Shares Surge 12% After Report of Possible Sale
HashiCorp's shares surged on Friday after it was reported that the software developer was considering a sale.
Japan’s Nippon Steel Is Determined to Acquire US Steel Despite Joe Biden's Opposition
After President Joe Biden voiced opposition to the $14.1 billion plan of Japan's Nippon Steel to acquire US Steel, the Japanese firm said it is committed to pursuing the buyout deal.
Aldi to Add 800 Discount Grocery Stores Across US in the Next 5 Years
Aldi has announced a five-year expansion plan that will see the opening of 800 more of its discount supermarket stores across the US.
London Southend Airport Acquired by US Firm Carlyle in Settlement Deal
US private equity giant Carlyle will buy Southend Airport after a debt settlement.
Accenture to Acquire EdTech Startup Udacity to Build Its Own Learning Platform Focused on AI
Accenture has announced its plan to acquire the EdTech startup Udacity.
Low-cost Air Carriers JetBlue, Spirit Airlines Terminate $3.8 Billion Merger Amid Anti-Competition Concerns
JetBlue and Spirit Airlines end the $3.8 billion merger due to regulatory concerns, facing challenges.
Macy’s Buyout: New Takeover Bid by Arkhouse, Brigade Reaches $6.6 Billion After Initial Rejection
At $6.6 billion, Arkhouse Management and Brigade Capital Management are bidding more to buy Macy's.
US Regulatory Agency Moves to Block $25 Billion Kroger-Albertsons Supermarket Merger
The US Federal Trade Commission (FTC) sued Kroger and Albertsons to stop their $25 billion merger.
MWC 2024: Hewlett Packard Enterprise, Juniper Networks CEOs Discuss $14 Billion Merger Deal Benefits
The Hewlett Packard Enterprise (HPE) is set to acquire Juniper Networks in a $14 billion deal.
