The New York-based asset management giant is in early-stage discussions with Izzy Englander’s global hedge fund to take a minority stake in his $70 billion fund, according to people familiar with the matter.
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BlackRock in early talks to buy equity stake in $70B Millennium
The New York-based asset management giant is in early-stage discussions with Izzy Englander’s global hedge fund to take a minority stake in his $70 billion fund, according to people familiar with the matter. Read here
AT&T buys US Cellular’s spectrum assets for $1B
The Chicago-based wireless carrier has agreed to sell some spectrum assets to the Texas-based telecom major as the company continues the sale of one of the largest tower businesses in the US.Read here
PHOTO: ASHER HEIMERMANN
Amazon mulls record investment in Anthropic
The Seattle-based global e-commerce giant is in talks for its second multibillion-dollar funding for the artificial intelligence startup, following a $4 billion investment in the OpenAI rival last year.Read here
PHOTO: ASPENSMONSTER
Media execs see more deals, less regulation
Warner Bros. Discovery CEO David Zaslav and Nexstar Media CEO Perry Sook see the possibility for more mergers and deregulation enabling the growth of media empires with the election of Donald Trump.Read here
Nippon Steel sure to clinch $14B US Steel deal in 2024
The Tokyo-based steel giant still expects its acquisition of the Pittsburgh-based steel producer to be completed by the end of the year despite opposition. Read here
SocGen leasing arm Ayvens draws Blackstone interest
The French car-leasing business is attracting takeover interest from investment firms including Blackstone, Brookfield and CVC after a slump in its shares. Read here
TAP sale mulled as over
12 suitors show interest
Portugal's government is planning to resume the privatization of the flag carrier in 2025 after receiving interest from more than a dozen potential buyers. Read here
European tech companies raised $4.3B in October
According to the Tech.eu database, some 315 deals were finalized in the European tech sector last month with funding increasing by almost 20% since October 2023.Read here
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