The world’s most popular cryptocurrency hit a record high of $109,499.76, driven by a wave of positive sentiment over a digital currency bill in the US — surpassing its previous peak set when President Donald Trump was sworn in.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
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Bitcoin surges to all-time peak on optimism over crypto legislation
The world’s most popular cryptocurrency hit a record high of $109,499.76, driven by a wave of positive sentiment over a digital currency bill in the US — surpassing its previous peak set when President Donald Trump was sworn in. Read here
Clearlake eyes $5.5B for Dun & Bradstreet buyout
The California-based investment firm has lined up a private debt financing deal to support its pending acquisition of the Florida data and analytics firm in one of the largest private credit transactions on record. Read here
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Silvus Technologies nears $4.5B sale to Motorola
Private equity firm TJC is poised to exit the California-based wireless communications specialist, with Motorola Solutions in advanced negotiations to acquire the company, according to a report. Read here
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AT&T agrees to buy Lumen’s unit for $5.75B
The Texas-headquartered telecom has clinched a deal to acquire the Louisiana-based communications services provider's consumer fiber operations, as the wireless provider adds further scale to its national fiber footprint. Read here
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NEWS WORTH NOTING
NEWS WORTH NOTING
Meta encourages startups to use Llama AI models
The California-headquartered tech giant is launching a new incentive program dubbed Llama for Startups, which provides companies “direct support” from Meta’s Llama team, as well as funding in certain cases. Read here
The Chinese technology company plans to invest a further $27.8 billion in core technology research and development over the next five years, as it launches its first electric SUV. Read here
Johnson Matthey surges on $2.4B unit sale to Honeywell
The British chemicals company has agreed to sell its catalyst technologies business to the American multinational conglomerate, driving its shares up by a third. Read here
UK signs $2B contract extension with QinetiQ
Britain has agreed to a five-year renewal for the defence company to provide testing and evaluation of military equipment, including missile firings and test pilot training. Read here
Bajaj Auto to take control of KTM with $906M debt deal
The Indian automaker plans to take over the Austrian manufacturer of high-performance bikes and sports cars as part of a package aimed at reviving the motorcycle maker. Read here
