The Maryland-based energy company is close to finalizing an agreement to buy the Texas-based power producer in a move that would significantly expand its generation assets at a time of rising US power demand.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
PHOTO: CONSTELLATION
Constellation Energy nearing
$30B deal to acquire Calpine
The Maryland-based energy company is close to finalizing an agreement to buy the Texas-based power producer in a move that would significantly expand its generation assets at a time of rising US power demand. Read here
Warburg eyes $5B sale
of Modernizing Medicine
The New York-based private equity firm is weighing options for the Florida-based company that could value the medical software provider at more than $5 billion, including debt, according to reports.Read here
PHOTO: WARBURG PINCUS
Blackstone leads $2B deal for stake in Citrin
The New York-based private investment giant, in partnership with smaller investors, is acquiring a majority stake in the New York-based accounting firm from New Mountain Capital.Read here
PHOTO: CITRIN COOPERMAN
OpenAI rival Anthropic to raise $2B at $60B value
The California-based AI unicorn is on the verge of reportedly closing a funding round led by Lightspeed Venture Partners, marking a significant leap from its $18 billion valuation last year.Read here
GCash working to raise up to $1.5B in Philippine IPO
The country’s biggest fintech platform has picked JPMorgan Chase, Morgan Stanley, and UBS Group to undertake an initial public offering that could take place this year. Read here
Apax, Warburg tap banks for $1.1B-plus IPO of Odido
The British and American private equity firms have selected Barclays, Goldman Sachs, and Morgan Stanley to arrange an initial public offering of the Dutch telecom group. Read here
Unisplendour plans Hong Kong listing to raise $1B
The Chinese cloud-computing and IT infrastructure company is preparing for a second listing in the city, as mainland-listed companies make a beeline to sell shares. Read here
Adani sells up to 20% stake in Wilmar joint venture
The Indian conglomerate plans to offload shares in fast-moving consumer goods firm Adani Wilmar to the public, as it looks to comply with minimum shareholding rules.Read here
