Browsing Tag
Blackstone
61 posts
Broadcom company profile: From wireless chips to AI infrastructure and VMware
Broadcom Inc. has evolved from a diversified semiconductor supplier into an infrastructure technology group spanning custom artificial intelligence accelerators, data-center networking, wireless chips, VMware private-cloud software, cybersecurity and mainframe systems. AI semiconductor revenue is now expanding much faster than the rest of the company, but customer concentration, large deployment commitments and the economics of financing frontier AI infrastructure will shape the next phase.
Galderma to buy ZO Skin Health for $1.5bn as medical-grade skincare moves deeper into beauty M&A
Galderma will acquire ZO Skin Health for $1.5 billion, paying roughly 4.5 times trailing sales to deepen its exposure to physician-dispensed skincare.
Kolte-Patil (NSE: KOLTEPATIL) Q2 sales jump 52% to Rs 1,019cr, but one Pune launch drives 60% of bookings
Kolte-Patil Developers Limited has reported record quarterly sales and 33% higher collections, supported by a â‚ą616 crore Pune project launch. Its â‚ą6,000 crore Mumbai redevelopment pipeline offers further growth potential, although broader housing demand remains uneven.
Fresenius Medical Care names Shervin Korangy CEO after €1.2bn transformation reset
Shervin J. Korangy takes over as Chief Executive Officer of Fresenius Medical Care AG on October 12, succeeding Helen Giza after a multiyear transformation that reshaped the dialysis group’s organisation and reduced its cost base by around €1.2 billion.
MAAS Group (ASX: MGH) owns 3.2% of Firmus and has A$855m in orders. What happens after the IPO collapse?
Firmus's abandoned Australian IPO creates two distinct risks for MAAS Group Holdings: the valuation and liquidity of its A$410 million minority investment, and the execution of an estimated A$855 million electrical infrastructure order. A completed A$1.61 billion asset sale provides financial flexibility, but the company's increasing exposure to AI infrastructure makes customer funding and contract delivery critical.
LG locks in 5GW AI cooling pipeline as AIR deal turns chillers into growth engine
LG Electronics has secured a multi-year supply arrangement with AIR Control Concepts covering more than 5GW of North American AI data center capacity, giving its fast-growing cooling business a much larger route into hyperscale infrastructure.
Firmus IPO puts A$43bn valuation against 900MW of contracted AI capacity
Firmus Technologies is seeking about A$7.1 billion in one of Australia’s largest-ever initial public offerings after building a customer roster that includes Meta Platforms, OpenAI and NVIDIA. Yet an implied equity valuation of roughly A$43 billion asks investors to price years of planned AI infrastructure growth before five of the company’s seven identified sites are operating.
Why Amazon may shift $8bn of NVIDIA chips to investors as AI costs surge
Amazon is reportedly discussing a structure that could place about $8 billion of NVIDIA Grace Blackwell chips into an investor-backed vehicle and lease the hardware back, testing whether outside capital can shoulder more of the extraordinary cost of the AI infrastructure boom.
The Fidelis Partnership files US IPO as specialty insurance tests Wall Street
The Fidelis Partnership has filed for an initial public offering on the New York Stock Exchange after growing written premium across its capacity providers to $5.4 billion and lifting first-half net income to $127.5 million.
IDP Education (ASX: IEL) trades 24% below Blackstone’s bid days after board rejects A$2.50 offer
The immediate takeover excitement around IDP Education has already cooled. After jumping above A$2 following the rejected Blackstone proposal, the shares ended September 25 at just A$1.91, leaving a striking gap to the private-equity offer.