Browsing Tag
J.P. Morgan
59 posts
Guidewire (GWRE) to acquire hyperexponential for up to $2.1bn as AI underwriting strategy accelerates
Guidewire has agreed to acquire London-based hyperexponential for $1.7 billion in cash plus up to $400 million tied to recurring revenue targets. The insurance software group expects the transaction to accelerate annual recurring revenue growth and deepen its position in AI-assisted commercial underwriting, while introducing substantial financing and integration requirements.
McCormick’s $65.8bn Unilever Foods deal faces UK competition review
McCormick’s $65.8 billion Unilever Foods deal enters UK review, putting synergies, leverage and regulatory remedies under closer scrutiny.
Heron Power secures $60m credit facility as Factory One moves toward production
Heron Power has added a $60 million credit facility after its $140 million Series B as it converts a 286,000-square-foot California warehouse into a high-volume factory for 5 MW medium-voltage power systems.
Wella’s IPO looks like a beauty growth story until the $2.29bn balance-sheet number enters the picture
Wella Company has filed for a New York Stock Exchange IPO after returning to profit and lifting adjusted EBITDA above $520 million. The owner of Wella Professionals, OPI, Clairol and ghd has delivered 22 consecutive quarters of constant-currency growth, but $2.29 billion of debt means the eventual valuation will depend as much on deleveraging as brand strength.
Bamboo Insurance has $879m of managed premium, but its IPO comes with a $548m debt question
CVC-backed Bamboo Insurance Services has filed for a New York Stock Exchange listing after managed premium approached $879 million and first-half revenue grew 40%. The capital-light insurance model is producing strong adjusted margins, but a $548 million term loan, declining GAAP profit and catastrophe exposure will make the eventual IPO price critical.
Prologis agrees £14.3bn SEGRO takeover in largest 2026 UK REIT deal
Prologis will pay up to £14.3 billion for SEGRO, but H1 2027 closing hinges on shareholder votes, regulatory clearances and a fresh $2.1bn equity raise.
Alimentation Couche-Tard’s $8.6bn Å»abka tender is the largest deal in its history and a decisive European bet
Couche-Tard's $8.6bn Żabka tender is its biggest deal ever, but EU merger review and minority holders still stand between it and a December 2026 close.
Digital Realty (NYSE: DLR) jumps 11% as AI leasing backlog hits a record
Digital Realty stock jumped 11% as AI leasing and renewal pricing accelerated. Can DLR convert its record backlog into per-share growth?
VeriSign (NASDAQ: VRSN) gains 7% as .web and domain growth lift outlook
VeriSign stock gained 7% as domain growth accelerated and .web moved closer to launch. Can VRSN justify its premium valuation?
Project Peregrine: Kuwait Petroleum seals $16bn pipeline pact with Blackstone, Brookfield, KKR
Kuwait's $16 billion Project Peregrine hands Blackstone, Brookfield and KKR a 49% stake and ties their return to a 2035 target of 4 million barrels a day.