The prominent founding clan behind the leading American luxury department store chain is joining forces with a Mexican retailer to take its namesake department store private in an all-cash transaction.
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Nordstrom family to take chain private in $6.25B deal
The prominent founding clan behind the leading American luxury department store chain is joining forces with a Mexican retailer to take its namesake department store private in an all-cash transaction. Read here
Musk’s xAI lands $6B in new cash to fuel AI plans
Elon Musk’s AI company has secured additional capital to bring its total to $12 billion, adding to the $6 billion tranche it raised this spring, with backing from Andreessen Horowitz, Blackrock, and others.Read here
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Biden to decide Nippon Steel’s $15B US Steel bid
The Japanese steel maker’s takeover plan for the Pennsylvania-based steel giant has been referred to Joe Biden, giving the president 15 days to decide on a tie-up he has previously said he opposes.Read here
Arcadium Lithium investors okay $6.7B Rio Tinto deal
Shareholders of the lithium chemicals producer have voted in favor of the sale to the Australian mining giant, in a deal that would catapult it as a top lithium miner. Read here
Syngenta signs $4.5B ESG loan, Asia’s biggest in 2024
The Swiss agrochemicals giant has signed a sustainability-linked credit facility in the region’s largest this year, upsized from an initial target of $3 billion. Read here
