The Australian wealth management firm’s shares shot to a three-year high after it revealed a takeover bid from the New York-based investment manager, eclipsing a $1.68 billion offer from the Boston-based private equity firm.
DAILY NEWSLETTER
LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL
MARKETS AND TECH TRENDS
TODAY’S TOP STORIES
INSIGNIA GETS $1.8B BID FROM CC CAPITAL, TOPPING BAIN OFFER
The Australian wealth management firm’s shares shot to a three-year high after it revealed a takeover bid from the New York-based investment manager, eclipsing a $1.68 billion offer from the Boston-based private equity firm.
Veto of US Steel deal raises multitude of new questions
The decision to block Nippon Steel’s $14.1 billion takeover of United States Steel Corp has sparked fresh uncertainty for the American icon that’s been at the heart of a domestic political firestorm in the US.
Samsung adds generative AI to world’s best-selling TV lineup
The multinational electronics company is expanding its artificial intelligence push with a new suite of enhancements for its premium TV lineup under the branding of Vision AI, it revealed during the CES 2025 tech event in Las Vegas.
Getty Images explores merger with rival Shutterstock
The global visual media company is considering a combination with the New York-based stock photography provider. Shares of the Seattle-headquartered company rose as much as 32%, the most since 2023.
Rome is in advanced talks with Elon Musk’s space transport company for a deal to provide secure telecommunications for the government — the largest such project in Europe.
Japanese oven maker to buy out Fujitsu General for $1.6B
A little-known maker of oven ranges and water heaters has offered to acquire the Japanese multinational company, becoming the latest suitor for its air-conditioner unit.
LG CNS begins taking orders for Korea’s biggest IPO since 2022
The conglomerate’s tech-services unit has been attracting interest for its initial public offering in Seoul that may raise as much as $816 million, potentially making it the country’s largest IPO in three years.
JANUARY 22, 12:30 PM EST
Join our LinkedIn community