Liana Baker

Industrial machinery maker Renk Group AG is nearing a deal to acquire privately held David Brown Defence, in a move that gives it more exposure to the naval sector, according to people familiar with the matter.

Die Renk Group nähert sich Insidern zufolge einem Kauf von David Brown Defence. Mit der Übernahme des nicht börsennotierten Unternehmens würde der Augsburger Hersteller von Antriebstechnik für Industrie- und Rüstungsanwendungen seine Präsenz im Marinesektor ausbauen.

GFL Environmental Inc. is considering a potential take-private transaction after drawing interest from buyout firms, people familiar with the matter said.

There’s growing speculation that Elon Musk will combine his two biggest companies.

Vista Equity Partners and the investment firm Quinti Capital have teamed up on a takeover offer for French advertising-technology company Criteo SA, according to people familiar with the matter.

Richard Heathcote, who until earlier this year oversaw stablecoin giant Tether Holdings SA’s investment portfolio, is planning to sell a small stake in the company, according to people familiar with the matter.

(Bloomberg) -- Vista Equity Partners and the investment firm Quinti Capital have teamed up on a takeover offer for French advertising-technology

Chip startup SambaNova Systems Inc. has raised $1 billion at an $11 billion valuation, underscoring investors’ conviction in rising demand for infrastructure tied to artificial intelligence.

Bank of America Corp. handed a $520 million credit line to OpenAI in recent weeks after previously spurning the artificial intelligence giant’s request, according to people with knowledge of the matter.

CEO Chris Walters took over 18 months ago and says the slimmed down company is now focused on lending and payments.