The New York-based global investment firm is moving its infrastructure and real estate assets under the same leadership as it looks to capitalize on converging opportunities between the rapidly expanding investing units.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
PHOTO: KKR
KKR combines $157B real estate, infrastructure businesses
The New York-based global investment firm is moving its infrastructure and real estate assets under the same leadership as it looks to capitalize on converging opportunities between the rapidly expanding investing units. Read here
OpenAI, SoftBank allot $19B each for Stargate
The California-based AI pioneer and the Japanese conglomerate have each committed to fund the joint venture to develop data centers for artificial intelligence in the US, the Information reported.Read here
PHOTO: JERNEJ FURMAN
Venture Global cuts US IPO target to $65.3B
The Virginia-based exporter of liquefied natural gas has slashed the valuation it sought from its initial public offering to a significantly lower figure than the initial target of $110 billion.Read here
PHOTO: VENTURE GLOBAL
NEWS WORTH NOTING
Meta backs Databricks in $10B AI fundraising push
The Facebook parent has joined as an investor in a Series J funding round intended to fuel the California-based data analytics startup’s expansion plans and new product development.Read here
Bain matches CC Capital’s offer for Insignia at $1.92B
The Australian money manager’s initial reluctance to engage with Bain Capital sparked a bidding war, with CC Capital Partners subsequently entering the fray. Read here
HongShan nears $1.1B acquisition of Marshall
The private equity firm previously known as Sequoia China is in advanced talks to acquire the iconic Stockholm-based audio equipment manufacturer. Read here
DAZN prepares $1.1B loan package for Foxtel takeover
The British sports streaming platform has lined up a facility to finance its acquisition of the pay-television and streaming company in Australia, according to reports. Read here
Bain mulls $1.6B sale of chemicals firm Italmatch
The global private investment firm is working with advisers to explore options including the possible sale of the Italian specialty chemicals company.Read here
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