Tag
Acquisition
14 articles
Solar Industries' $1.36B Omnia Buy Shows African Mining Consolidation Play
All-cash acquisition of South African explosives and crop-nutrition company positions Indian conglomerate for multi-fold revenue growth in African mining from FY2028.
Grab Stock Drops 10.8% on Vietnam Driver Protests, Atome Acquisition Concerns
The Southeast Asian ride-hailing platform fell sharply as Vietnamese drivers protested pay cuts and investors balked at a $2 billion-plus bid for buy-now-pay-later specialist Atome Financial.
Grab Stock Falls 10.8% on Vietnam Driver Protests, Atome Deal Concerns
Southeast Asian ride-hailing giant Grab faces multiple headwinds: driver protests in Vietnam, a reported $2 billion Atome Financial acquisition, and insider share sales from CEO Anthony Tan.
Nvidia to Buy Hugging Face for $12.9B, Tightening AI Ecosystem Control
The acquisition secures Nvidia's access to open-source AI development and prevents rivals from using the platform to circumvent its hardware dominance.
BitGo Acquires NYDIG Trading Arm for $42.5M, Shows Market Shift
BitGo integrates NYDIG's institutional derivatives and financing business as NYDIG refocuses on Bitcoin mining and data center operations with over 3 gigawatts in development.
Frasers Group Acquires Harvey Nichols in Pre-Pack Deal After Five Years of Losses
Harvey Nichols posted a £177.6 million post-tax loss for the year ended March 29, 2025, its fifth consecutive unprofitable year before Frasers moved to acquire it.
Goldman Sachs to Acquire Neos for $2.25 Billion, Adding $30 Billion in Crypto Income ETF Assets
The deal expands Goldman's active ETF assets to $80 billion, folding Neos's Bitcoin and Ethereum income strategies into its $130 billion global platform.
Sysco's $29 Billion Restaurant Depot Deal Faces Regulatory Test
CEO Kevin Hourican expects the acquisition to close by early 2027 despite a second information request from regulators.
Rain Acquires Ansa to Add Fiat Prepaid Wallets Alongside Stablecoin Card Stack
The stablecoin card issuer adds Ansa's white-label prepaid wallet software and a new Mastercard partnership to bridge on-chain and traditional payment rails.
Exodus Posts $18.6M Q2 Loss After Monavate and Baanx Acquisition
The self-custodial wallet reported a net loss reversing $37.7M in year-ago profit, as acquisition costs and expanded payment infrastructure weigh on results.
Stripe's $10B OpenRouter Bid Draws Rivals Into AI Routing Race
Stripe is in talks to acquire AI model marketplace OpenRouter for roughly $10 billion, a deal that has triggered a surge of inbound interest for competitor startups.
B2C2 Sale Talks Collapse Over $1 Billion Valuation Demand
SBI Holdings-backed crypto market maker B2C2 spent 18 months in acquisition talks that went nowhere, with a $1 billion valuation floor killing every deal.
B2C2 Held Acquisition Talks at $1 Billion Valuation as Deals Stalled
The London-based crypto market maker, 90 percent owned by SBI Holdings, spent 18 months in talks with potential buyers before valuation demands killed the deals.
IMAX Draws Buyout Interest as Premium Theater Tech Commands Higher Margins
The company's proprietary projection systems and asset-light licensing model attract private equity and media conglomerates during box office recovery