The upcoming meeting between US Treasury Secretary Scott Bessent and China’s top economic official has raised hopes of a potential breakthrough in resolving the tariff trade war that is affecting the global economy.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
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World stocks sustain gains as markets welcome US-China talks
The upcoming meeting between US Treasury Secretary Scott Bessent and China’s top economic official has raised hopes of a potential breakthrough in resolving the tariff trade war that is affecting the global economy. Read here
Apollo closes $8.5B credit and $4.8B vintage fund
The New York-based alternative asset manager has completed its Accord+ strategy, inclusive of $4.8 billion for Accord+ Fund II as well as separately managed accounts and related structures. Read here
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JPMorgan to lead 3G’s $6.5B Skechers debt deal
The New York-based lender is set to anchor a debt financing package, including $4 billion in secured debt, to support 3G Capital’s proposed acquisition of the California footwear and apparel company. Read here
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NEWS WORTH NOTING
NEWS WORTH NOTING
Argano acquires Microsoft partner Real Dynamics
The world’s largest digital services consultancy focused on enabling high performance across business operations has absorbed the expert team of consultants for large-scale Microsoft Dynamics implementations. Read here
Toyoda taps bankers for $42B buyout as soon as November
The Japanese motor company’s plan to acquire Toyota Industries Corp is progressing with the parties selecting financial advisers and working toward a tender offer. Read here
CVC weighs $8B takeover
of Swiss retailer Avolta
The Luxembourg-based buyout specialist is in the early stages of exploring the acquisition of the Switzerland-based travel retail leader known for Hudson and World Duty Free. Read here
Geely offers to take Zeekr unit private in $2.2B deal
The Chinese automaker has offered to privatize its premium electric vehicle unit just a year after it took the brand public in the US, citing plans to consolidate its business. Read here
Veolia eyes full ownership of WT&S unit in $1.75B deal
The French group is set to buy the 30% of shares in Water Technologies and Solutions that it does not already own from Quebec Deposit and Investment Fund (CDPQ). Read here
