Morgan Stanley to exit Sila Services with sale to Goldman Sachs Alternatives
In a significant move within the private equity landscape, Morgan Stanley Capital Partners (MSCP) has agreed to sell Sila Services, a leading provider of residential ... Read More
Tech turmoil: Cloudflare stock drops on disappointing revenue forecast
Cloudflare's stock price plunged during premarket trading today, with shares falling sharply as the company's fourth-quarter and full-year revenue guidance disappointed investors. The content delivery ... Read More
Wealth managers ramp up AI spending: Budgets to surge over 100% in just 5 years, finds Wipro survey
Wealth management firms are bracing for a monumental shift as AI budgets are projected to more than double, according to a new Wipro survey. With ... Read More
Blueprint Finance extends DeFi influence with strategic acquisition of Jet Protocol on Solana
Blueprint Finance, the New York-based developer behind the Concrete Network, has strategically acquired Jet Protocol to broaden its decentralized finance (DeFi) offerings on the Solana ... Read More
Keurig Dr Pepper bets $990m on GHOST—Is this the energy drink shake-up we’ve been waiting for?
Keurig Dr Pepper (NASDAQ: KDP) has announced a $990 million agreement to acquire a 60% stake in the disruptive energy drink brand GHOST Lifestyle LLC, ... Read More
Summit Materials, Inc. considers acquisition bid: Could this transform the cement giant?
Summit Materials, Inc. (NYSE: SUM) has received a significant non-binding acquisition proposal. While specific details remain under wraps, the company confirmed that it has initiated ... Read More
Sanofi enters exclusive talks with CD&R over $17bn Opella deal
Sanofi has confirmed its exclusive negotiations with Clayton, Dubilier & Rice (CD&R) for the sale of a 50% stake in its consumer healthcare business, Opella. ... Read More
Vista Outdoor secures $3.35bn dual transactions with SVP and CSG
Vista Outdoor Inc. (NYSE: VSTO) has entered into two major agreements that could reshape the future of the company and drive significant value for stockholders. ... Read More
Reckitt Benckiser set to offload £6bn homecare business in sweeping overhaul
Reckitt Benckiser Group plc, the global consumer goods company, is making waves in the market with its plans to sell its £6 billion homecare assets, ... Read More
Morgan Stanley fined for failing to prevent insider trading by First Republic executive
Massachusetts securities regulator William Galvin has imposed a $2 million fine on Morgan Stanley for failing to prevent insider trading by a former First Republic ... Read More