THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS

PHOTO: BLACKSTONE

Blackstone’s infra unit to acquire TXNM Energy in $11.5B deal

The New York-headquartered private equity firm, which manages $60 billion in infrastructure assets, is set to acquire the New Mexico-based electric utility, betting that stable, regulated returns and high capital needs in grid modernization make the company a long-term investment fit. Read here

Trump ends Gulf tour with AI, energy deals in UAE

President Donald Trump’s last stop on a Middle Eastern visit focused on business deals that the United Arab Emirates and the United States had agreed in a major win for Abu Dhabi's efforts to become a global AI hub. Read here

PHOTO: THE WHITE HOUSE

AMD sells ZT Systems unit to Sanmina in $3B deal

The California-based provider of integrated manufacturing solutions has entered into an agreement to acquire the data center infrastructure manufacturing business from the leading semiconductor specialist. Read here

PHOTO: QUINTIN LIN

NEWS WORTH NOTING

Nvidia in advanced talks to invest in PsiQuantum

The California-based graphics processing units specialist is close to an agreement to invest in the quantum computing startup, which uniquely employs a photonics-based architecture. Read here

PHOTO: WILL BUCKNER

DEALS ROUNDUP

INTERNATIONAL MARKETS

UAE to up value of US energy investment to $440B by 2035

The United Arab Emirates plans to raise its energy investments in the United States, boosting President Donald Trump's efforts to secure major business deals on a Gulf tour. Read here

Cinven taps Goldman Sachs and UBS on $6.8B Ufinet exit

The European private equity firm has mandated the banks to advise on a potential sale of the Madrid-based telecom infrastructure operator, according to reports. Read here

Toyota Industries to accept Toyota Motor group offer

The Japanese manufacturing giant plans to approve a tender offer by the automaker's chairman, and is making arrangements to announce its intention as early as May. Read here

Orano explores sale of Niger uranium assets

The French state-owned nuclear fuel company is looking into offloading its assets in the West African state after the breakdown of its relationship with the government. Read here

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