European and Asian shares soared after President Donald Trump touted possible tariff changes on autos, while US treasuries steadied having staged a rebound the day before following last week's historic sell-off.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
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Global stocks rise, US bonds hold firm as futures gain on recovery
European and Asian shares soared after President Donald Trump touted possible tariff changes on autos, while US treasuries steadied having staged a rebound the day before following last week's historic sell-off. Read here
Intel sells stake in $8.75B
Altera to Silver Lake
The California-based semiconductor giant has agreed to transfer its 51% majority share in the field program-mable gate array specialist to the buyout firm, boosting the latter's focus on FPGA solutions. Read here
PHOTO: DAVID290
Onsemi drops $6.9B bid for Allegro MicroSystems
The Arizona-based chipmaker has scrapped its offer for its smaller rival, ending a months-long pursuit that sought to capitalize on a market downturn to boost its footprint in the automotive industry. Read here
PHOTO: ALLEGRO MICROSYSTEMS
NEWS WORTH NOTING
NEWS WORTH NOTING
Capital Power to expand in PJM with $2.2B deal
The Canadian power producer is set to acquire two natural-gas-fired power plant operators located in the United States' biggest wholesale power market amid rapidly increasing electricity prices in the PJM market. Read here
The asset management firm is placing a multibillion-dollar wager on the region, emerging as one of its most active foreign private equity investors amid a dealmaking dip. Read here
Haleon takes full control of Chinese healthcare venture
The British consumer healthcare group has gained complete oversight of its Chinese joint venture after acquiring Tianjin Pharmaceutical Da Ren Tang's 12% stake. Read here
DSV clears hurdles for $16.2B Schenker deal
The Danish logistics company said it had fulfilled all closing conditions, including the necessary regulatory approvals, for the acquisition of its German rival. Read here
AI startup Zhipu targets
IPO as soon as 2025
Chinese tech firms are racing to build low-cost AI products after DeepSeek released a capable model supposedly trained at a fraction of the cost of American peers. Read here