Industry

Octopus Energy Prepares to Demerage Technology Unit Kraken

Kraken Technologies to split from Octopus Energy, valued at $10B, enhancing tech's role in energy sector.

#octopusenergy, #krakentechnologies, #energysector, #demerger, #investment

FCA Warns on Rising Corporate Takeover Leaks in UK

FCA concerns over 38% of UK corporate takeovers leaked before announcements, suggests insider trading rise.

#uk, #fca, #corporatetakeovers, #marketabuse

Hewlett Packard Enterprise Finalizes $14 Billion Acquisition of Juniper Networks

HPE completes Juniper Networks acquisition, enhancing AI-driven networking, following DOJ settlement on antitrust concerns.

#hpe, #junipernetworks, #acquisition, #networking, #ai

KKR Acquires UK's Spectris in £4.7 Billion Takeover Deal

KKR wins bidding war against Advent to acquire UK's Spectris for £4.7B, marking a major UK takeover this year.

#kkr, #spectris, #privateequity, #acquisition

BYD Surpasses Tesla in Global Electric Vehicle Sales for Third Consecutive Quarter

BYD's continued triumph over Tesla in EV sales marks a significant industry shift, highlighting competitive pricing and overseas growth.

#ev, #byd, #tesla, #automotive, #sustainability

UBS Appoints Taylor Henricks as Head of M&A in the Americas

UBS names Taylor Henricks as new M&A head in Americas, boosting its US market presence post-Credit Suisse merger.

#ubs, #mergers, #acquisitions, #investmentbanking, #technology

AMETEK to Acquire FARO Technologies in $920 Million Deal

AMETEK plans to acquire FARO Technologies for $920M, boosting its 3D metrology division, amid regulatory and shareholder concerns.

#acquisition, #technology, #ametek, #farotechnologies

China's Drive to Overcome Industrial 'Choke Points'

China intensifies efforts to overcome industrial vulnerabilities under "Made in China 2025" for self-sufficiency.

#china, #industry, #technology, #economy, #manufacturing

Klarna's Strategic Shift: From BNPL Leader to Neobank and Mobile Service Provider

Klarna expands into banking and mobile services, delaying IPO amidst market instability.

#klarna, #fintech, #neobank, #BNPL, #IPO

Global M&A Activity Surges to $2.14 Trillion in First Half of 2025

Global M&A activity soars 26% in 2025's first half, led by Asia's growth. Investor confidence drives megadeals, hinting at robust future growth.

#mergers, #acquisitions, #globalmarkets, #investorconfidence

Citigroup Appoints Drago Rajkovic as Co-Head of M&A to Strengthen Investment Banking Leadership

Citigroup hires Drago Rajkovic as M&A co-head, boosting its investment banking with top industry experience.

#citigroup, #mergers, #investmentbanking, #leadership

Capital One Completes $35.3 Billion Acquisition of Discover, Becoming Largest US Credit Card Issuer

Capital One's $35.3B acquisition of Discover establishes it as the top US credit card issuer, challenging Visa and Mastercard.

#capitalone, #discover, #finance, #merger, #creditcards

American Airlines Faces Tech Issues Causing Widespread Flight Delays

American Airlines delays flights due to tech issues, amid ongoing challenges with outdated systems.

#americanairlines, #flightdelays, #technology, #aviation

Definity Financial to Acquire Travelers Canada in $3.3 Billion Deal, Reshape Canadian Insurance Landscape

Definity Financial announces a $3.3B acquisition of Travelers Canada's insurance operations, aiming to become a top-four insurer in Canada.

#definityfinancial, #insurance, #acquisition, #canada, #business

Brown & Brown to Acquire Accession Risk Management Group in $9.83 Billion Deal

Insurance brokerage giant Brown & Brown to acquire Accession for $9.83B, enhancing capabilities and market position.

#insurance, #acquisition, #brownandbrown, #accession, #merger