The Taiwanese semiconductor company is preparing to make fresh investments in the United States that involve building additional chip facilities, its CEO CC Wei revealed after a meeting with President Donald Trump at the White House.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
PHOTO: RICHARD MASONER/CYCLELICIOUS
TSMC announces $100B plan to build five new US factories
The Taiwanese semiconductor company is preparing to make fresh investments in the United States that involve building additional chip facilities, its CEO CC Wei revealed with President Donald Trump at the White House. Read here
Carlyle to ramp up IPOs as it eyes up to $5B of exits
The Washington, DC-headquartered global investment firm expects to take more of its portfolio companies public this year and will not shy away from large leveraged buyouts, betting on a rebound in dealmaking.Read here
PHOTO: CARLYLE
Honeywell to buy pump maker Sundyne for $2.2B
The North Carolina-based industrial and aerospace giant is set to acquire the Colorado-located industrial pumps and compressors manufacturer from private equity firm Warburg Pincus in an all-cash deal.Read here
PHOTO: SOLOMON203
NEWS WORTH NOTING
Amazon, Google-backed Anthropic secures $3.5B
The California-headquartered artificial intelligence company founded by former OpenAI researchers has raised fresh capital in a Series E funding round, bringing its valuation to $61.5 billion.Read here
Abu Dhabi’s national oil company and Austria's leading petrochemical major will combine their polyolefin businesses to create a chemicals powerhouse that will advance growth. Read here
Prudential to seek $12B value on India JV listing
The British multinational insurance company is considering a valuation of about $12 billion for ICICI Prudential Asset Management in a potential initial public offering. Read here
Didi's self-driving unit to seek funds at $5B valuation
China's largest ride-hailing company is seeking fresh capital for its autonomous driving business as Chinese technology firms ride a wave of investor enthusiasm. Read here
CVC raises $4.8B for longer term private equity fund
The Luxembourg-based investment advisory firm has raised fresh capital for its CVC Strategic Opportunities III, which funds projects that extend beyond four to five years.Read here