Global stocks surged to one of their biggest gains since World War II after President Donald Trump paused his tariffs against most other nations, while raising retaliatory duties on Chinese products by a whopping 125%.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
PHOTO: AJAY SURESH
Nasdaq skyrockets 12%, S&P 500 soars 9.5% in massive global rally
Global stocks surged to one of their biggest gains since World War II after President Donald Trump paused his tariffs against most other nations, while raising retaliatory duties on Chinese products by a whopping 125%. Read here
Pantheon closes $5.2B third private credit fund
The global investment firm has held the final raising for Pantheon Senior Debt III, marking one of the largest dedicated private credit secondary raises amid growing investor appetite for liquidity-focused funds.Read here
PHOTO: CRE8
Bain Capital to acquire Sizzling Platter for $1B
The Boston-based private investment firm has struck a deal to buy the Utah restaurant platform from fellow buyout firm CapitalSpring in a transaction valued at over $1 billion, according to a report. Read here
PHOTO: SIZZLING PLATTER
NEWS WORTH NOTING
AI contact center firm Humach buys Markets EQ
The Texas-based artificial intelligence customer experience provider has acquired the New York company known for bringing AI-powered voice analytics to Wall Street, operating as an independent subsidiary.Read here
Eni expecting $12B from second Plenitude stake sale
The Italian energy company is drawing renewed interest from private equity and infrastructure investors as it moves ahead with another equity divestment in its renewables arm. Read here
DSV gains EU green light
for $15.8B Schenker deal
The Danish logistics company has secured antitrust approval from the European Union for its acquisition of it German rival, according to the European Commission. Read here
CK Hutchison shelled $1.7B in Panama, above obligation
A company controlled by the Hong Kong-based ports manager has invested in two ports near the Panama Canal, surpassing the amount required under its contract. Read here
Kering in talks for $1.4B real estate sale in Milan
The Qatar Investment Authority is eyeing a stake in the French luxury conglomerate's prized building on Via Monte Napoleone in the capital of Italy's Lombardy region. Read here
