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acquisition

Roark Capital’s $9.6 Billion Subway Acquisition Goes Through

by Edgar Davis
Roark Capital’s .6 Billion Subway Acquisition Goes Through

Roark Capital finalized its $9.6 billion Subway acquisition last week, following a sales process that started last August and was delayed by a Federal Trade Commission (FTC) review. “The entire …

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Consortium of 3 Li Ka-shing firms acquires Phoenix Energy, Northern Ireland’s largest natural gas distribution network, for US$941 million

by Anas Siddiqui
Consortium of 3 Li Ka-shing firms acquires Phoenix Energy, Northern Ireland’s largest natural gas distribution network, for US1 million

A consortium formed by Hong Kong tycoon Li Ka-shing’s infrastructure and energy flagship, CK Infrastructure, property arm, CK Asset Holdings, and international energy utility investment unit, Power Assets Holdings, is …

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Jupiter acquires Ultimate Wallet for mobile expansion

by Isaac Wright
Jupiter acquires Ultimate Wallet for mobile expansion

Solana decentralized exchange aggregator Jupiter has expanded its reach by acquiring Ultimate Wallet, a self-custody crypto wallet firm. The purchase is part of Jupiter’s strategy to enhance its mobile capabilities …

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Japanese lawmaker says US Steel deal would help counter China dominance

by Walter Watson
Japanese lawmaker says US Steel deal would help counter China dominance

Nippon Steel Corp’s acquisition of United States Steel Corp would strengthen economic security ties between the US and Japan and help counter China’s dominance in steelmaking, according to a senior …

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FTX to divest Digital Custody to CoinList at major loss

by Isaac Wright
FTX to divest Digital Custody to CoinList at major loss

Bankrupt crypto exchange FTX has filed legal papers proposing the sale of its subsidiary, Digital Custody, to CoinList for $500,000. The price tag is in stark contrast to the initial …

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jsw: CCI approves JSW’s acquisition of up to 38% stake in MG Motor India

by Horatio Thompson
jsw: CCI approves JSW’s acquisition of up to 38% stake in MG Motor India

The Competition Commission of India (CCI) has given its approval for Sajjan Jindal-promoted JSW Group’s proposed acquisition of up to 38 per cent stake in MG Motor India. “The Acquirer …

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Chronosphere acquires Calyptia to extend its observability platform

by Edgar Davis
Chronosphere acquires Calyptia to extend its observability platform

Chronosphere, a startup that offers a cloud native observability platform, today announced that it has acquired Calyptia. While the company itself may not be a household name, Calyptia was founded …

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Goodnotes acquires a AI-powered video summary startup as it looks beyond education

by Edgar Davis
Goodnotes acquires a AI-powered video summary startup as it looks beyond education

London-based notetaking startup Goodnotes said today it is acquiring South Korean startup Dropthebit, which operates a meeting and video summary tool called Traw. With the acquisition, Goodnotes is looking to …

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India’s bullet train dream inches closer: 100% Land acquired for Ahmedabad-Mumbai bullet train project

by Ron Morgan
India’s bullet train dream inches closer: 100% Land acquired for Ahmedabad-Mumbai bullet train project

The government on Monday reached a significant milestone in the Ahmedabad-Mumbai high-speed rail corridor project by 100 percent completion of the acquisition of all 1,389.49 hectares of required land. According …

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Monex acquires 3iQ majority for crypto-asset integration

by Isaac Wright
Monex acquires 3iQ majority for crypto-asset integration

Japanese financial group Monex is set to acquire a majority stake in Canadian digital asset manager 3iQ. The acquisition continues a trend of major crypto exchanges venturing into asset management. …

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