President Donal Trump's energy czar, Interior Secretary Doug Burgum, and Energy Secretary Chris Wright will host officials from Japan, South Korea, and Taiwan in an event to discuss projects including a vast gas pipeline in the state.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
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US invites Asian officials to Alaska, eyes massive $44B LNG project
President Donal Trump's energy czar, Interior Secretary Doug Burgum, and Energy Secretary Chris Wright will host officials from Japan, South Korea, and Taiwan in an event to discuss projects including a vast gas pipeline in the state. Read here
OnlyFans owner in talks
to sell to investors at $8B
Fenix International is negotiating to sell the porn-driven company to a group led by the Forest Road Company, a Los Angeles-based investment firm, at a valuation of around $8 billion, according to a report. Read here
PHOTO: FREEPIK
OpenAI acquires iPhone designer’s io for $6.5B
The California-based artificial intelligence specialist has completed its largest acquisition by purchasing Jony Ive’s hardware startup, uniting one of tech’s most celebrated designers with a leading AI firm. Read here
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NEWS WORTH NOTING
NEWS WORTH NOTING
Ardurra buys Cannon & Cannon, eyes Tennessee
The Florida-headquartered consulting firm known for delivering complex engineering and design services has announced the acquisition of the full-service civil engineering company headquartered in Knoxville. Read here
Italy’s top insurer has appointed Deloitte Financial Advisory and law firm Advant Ntcm for the offer launched by the Milan merchant bank for its unit Banca Generali. Read here
China approves $6.9B PAG-led buyout of Wanda Malls
China’s antitrust regulator has endorsed the acquisition of 48 shopping malls under Dalian Wanda Commercial Management in a notice that listied Tencent among investors. Read here
Foxconn among bidders for chip firm UTAC in $3B deal
The Taiwanese electronics company is among potential suitors for the Singaporean semiconductor assembly business owned by Beijing-based firm Wise Road Capital. Read here
Emerging market funds lure investors fleeing US
Emerging market equity funds are leading the global performance, bolstered by attractive valuations and an easing of economic pressures after the tariff pause. Read here
