Industry

BlackRock, EQT-led group to take AES private in $33.4 billion deal as AI power demand surges

A BlackRock and EQT-led consortium agreed to buy AES for $15 a share, taking the utility private in a $33.4B deal that faces heavy regulatory review.

#blackrock, #eqt, #aes, #utilities, #datacenters

UK watchdog clears BCA takeover of Aston Barclay after ‘exiting firm’ review

The CMA has approved BCA owner Constellation’s purchase of rival Aston Barclay, saying the target would likely have exited anyway.

#uk, #competition, #usedcars, #autoindustry, #cma

Paramount Skydance to Buy Warner Bros. Discovery in $110 Billion Deal, Outbidding Netflix

Paramount Skydance agreed to acquire Warner Bros. Discovery for $31 a share in cash, creating a streaming and studio giant amid antitrust scrutiny.

#media, #streaming, #mergers, #antitrust, #hollywood

Vanguard to Pay $29.5 Million, Limit Proxy Power in Texas-Led ESG Antitrust Settlement

Vanguard will pay $29.5 million and accept strict limits on proxy voting and ESG engagement to exit a Texas-led antitrust suit over coal.

#vanguard, #esg, #antitrust, #proxyvoting, #coal

Walmart to Pay $100 Million, Overhaul Spark Driver Pay After Regulators Allege Tip and Earnings Deception

FTC and 11 states say Walmart misled Spark drivers and shoppers on tips and pay. A $100M deal funds refunds and mandates 10 years of oversight.

#walmart, #gigwork, #tips, #ftc, #delivery

Verint Names Ex-Calabrio Chief Dave Rhodes CEO After $2 Billion Take-Private Deal

Verint appoints former Calabrio CEO Dave Rhodes to lead the newly combined, Thoma Bravo-backed customer experience AI platform.

#verint, #calabrio, #thomabravo, #ai, #customerservice

NatWest to Buy Evelyn Partners for £2.7 Billion in Post-Privatization Wealth Push

NatWest agrees to buy wealth manager Evelyn Partners for £2.7bn cash, betting on fee income growth as investors fret over capital hit and price.

#natwest, #evelynpartners, #wealthmanagement, #ukbanking, #mergers

Refinery workers avert strike with four-year deal that adds first AI guardrails

United Steelworkers and Marathon Petroleum reach a four-year pattern deal with 15% raises and AI rules, averting a strike; BP Whiting talks loom.

#refineries, #labor, #unitedsteelworkers, #marathonpetroleum, #artificialintelligence

Netflix’s $82.7 Billion Bid for Warner Bros. and HBO Draws DOJ Second Request and Senate Scrutiny

Netflix’s planned purchase of Warner Bros. studios and HBO faces a deep DOJ antitrust probe, Senate grilling and a hostile rival bid from Paramount Skydance.

#streaming, #antitrust, #netflix, #warnerbros, #mergers

Disney Board Names Josh D’Amaro as Next CEO, Elevates Dana Walden to New Chief Creative Role

Disney taps parks chief Josh D’Amaro as CEO effective March 18, with Bob Iger shifting to senior advisor and Dana Walden named president and chief creative officer.

#disney, #ceo, #themeparks, #streaming, #hollywood

Fifth Third Completes $10.9 Billion Comerica Deal, Creating $294 Billion ‘Super-Regional’ Bank

Fifth Third closes its all-stock purchase of Comerica, expanding into Texas and the Sun Belt as branch closures and job cuts draw scrutiny.

#banking, #mergers, #fifththird, #comerica, #regulation

KKR-Singtel consortium to take full control of STT GDC in S$13.8 billion data center deal

KKR and Singtel agreed to buy full ownership of STT GDC, valuing the data center giant at S$13.8B, amid surging AI-driven power demand.

#datacenters, #kkr, #singtel, #ai, #singapore

India budget signals push beyond phone assembly with ISM 2.0, bigger components incentives

A brief Budget passage and a larger components scheme outlay signal India’s bid to build chips, materials and equipment—not just assemble electronics.

#india, #semiconductors, #electronics, #budget, #manufacturing