Browsing Tag
Morgan Stanley
132 posts
Tencent plans new dollar and yuan bond sale months after $4.66bn issue
Tencent is preparing another multi-currency debt offering under its $30bn note programme, but the size and final pricing remain open as the Chinese technology group tests demand for maturities extending as far as 30 years.
Tata Motors added €0.30 to its Iveco bid, but the bigger change happened outside the deal
Tata Motors has increased its cash tender offer for Iveco after authorisations took longer than expected, while Iveco's defence business has already moved to Leonardo and now sits outside the transaction.
Cirrus Logic’s Synaptics bid forced onsemi to rewrite a $5.7bn chip deal
Cirrus Logic’s previously undisclosed attempt to acquire Synaptics escalated into a semiconductor bidding contest that forced onsemi to abandon its original all-stock structure and offer $123 per share in cash. The battle exposes a larger strategic contest over edge artificial intelligence, connected devices and semiconductor diversification.
Tata Motors raises Iveco takeover offer to €14.40 as €3.91bn deal nears decisive vote
Tata Motors has lifted its recommended cash offer for Iveco Group to €14.40 per share, adding roughly €81 million to the transaction as the Indian truckmaker pushes its largest overseas commercial vehicle acquisition toward completion.
Schneider Electric’s $22.6bn PTC deal adds up to €17bn of new debt
Schneider Electric is making a much larger software bet after agreeing to acquire PTC for $205 a share, with debt, new equity and future synergies all becoming central to the return calculation.
C.H. Robinson (NASDAQ: CHRW) sinks 10.9% as $5.8bn RXO deal puts $300m synergy target on trial
C.H. Robinson is buying RXO in a $5.8 billion stock-and-cash transaction that would create a logistics group worth more than $25 billion. The buyer’s shares fell sharply as the market weighed new debt, paused repurchases and ambitious synergy assumptions against a much larger North American freight network.
Citadel Securities takes Wolfe Research stake as execution and research converge
Citadel Securities has taken a minority stake in Wolfe Research and formed a new institutional equities partnership that combines execution with independent research access, widening its push beyond electronic market making.
onsemi rewrites Synaptics deal to $5.7bn cash bid after rival proposal
The amended agreement removes stock consideration, gives Synaptics investors $123 per share and adds committed debt financing while preserving a mid-2027 closing target.
Accelevation prices $540m IPO below range as AI infrastructure meets valuation test
Accelevation Holdings has raised $540 million in a Nasdaq initial public offering after pricing shares at $18, below its $20 to $24 marketed range despite rapid growth in data-centre infrastructure revenue and a roughly $1.1 billion backlog.
Morgan Stanley private credit fund again gets withdrawal requests above its 5% limit
Investors requested withdrawals equal to 11.4% of Morgan Stanley’s North Haven Private Income Fund in its latest tender, more than twice the 5% of units the fund plans to repurchase, although a large share of requests came from investors whose earlier exits were only partly fulfilled.