Fashion Retailer Gaurik Fashions Seeks SEBI Nod for IPO
Gaurik Fashions filed a draft red‑herring prospectus with SEBI to raise funds via an IPO, proposing a fresh issue of up to 62 lakh shares and an offer‑for‑sale of up to 8 lakh shares by Aries Opportunities Fund. The company aims to raise roughly $11 million, with proceeds earmarked for opening 18 new stores, debt repayment, and working‑capital needs. The filing follows the retailer’s expansion to 59 stores across 14 Indian states.
Mapfre Re Issues $200M Recoletos Re 2026-1 Catastrophe Bond
Spanish reinsurer Mapfre Re has completed the issuance of a $200 million Recoletos Re DAC (Series 2026‑1) catastrophe bond, its third and largest to date. The bond provides indemnity‑based U.S. named storm coverage for the Mapfre Group and was structured by GC...
Renew Holdings Acquires High‑voltage Cable Jointing Specialist PWR‑X for $1.4M
UK contractor Renew Holdings announced the acquisition of high‑voltage cable jointing specialist PWR‑X for £1.1 million (≈$1.4 million) on 11 May 2026. The deal expands Renew’s capabilities in the electricity transmission and distribution market, supporting its diversification strategy highlighted in its record interim turnover...
Flo Mobility Raises $2.5M in Funding to Expand Construction Robotics
Indian construction robotics startup Flo Mobility announced it has raised $2.5 million in a new funding round. The round was backed by Mela Ventures, Arali Ventures, ARTPARK, VentureGarage, JITO Incubation & Innovation Foundation and DEVX Ventures, supporting the company’s expansion of...
John Sisk & Son and D/RES Properties Launch Arden Joint Venture with €32M Loan From Bank of Ireland
Construction firm John Sisk & Son and developer D/RES Properties have formed a new joint venture, Arden, to deliver 1,000 affordable homes annually in Dublin. Bank of Ireland pledged an initial €32 million loan to fund the venture’s working capital, marking...
Fox Sports Funds Harvard’s Fandom & Social Connection Initiative
Fox Sports announced it will fund the newly created Fandom & Social Connection Initiative at Harvard’s Kennedy School, led by Professor Todd Rogers. The partnership aims to study how sports fandom can combat loneliness and political polarization. Financial terms were...
Blackstone Acquires Majority Stake in Greek Ecommerce Platform Skroutz for $692M
Blackstone's private‑equity arm is buying a majority stake in Greece's leading ecommerce platform Skroutz from CVC Capital Partners for an enterprise value of €635 million (≈$692 million). The founders will retain a stake and continue to run the business, with CEO George Chatzigeorgiou...
Verizon Launches $4 Billion Hybrid Bond Sale
Verizon Communications announced a $4 billion hybrid bond issuance in the U.S. dollar investment‑grade market, comprising two $2 billion tranches with 30‑ and 32‑year maturities. The bonds are expected to yield about 6.2% and mark the company's first USD‑denominated hybrid bond offering.
EU Commission Clears Suzano's Acquisition of Kimberly‑Clark IFP
The European Commission has given unconditional approval to Suzano S.A.'s acquisition of Kimberly‑Clark IFP NewCo B.V., clearing the transaction under EU Merger Regulation. The deal, notified on 31 March 2026, faces no competition concerns in the European Economic Area. Deal value remains...
Macnica ATD Europe Acquires Indesmatech to Expand Engineering Presence Across Northern Europe
Macnica ATD Europe announced the acquisition of Indesmatech, a pan‑European semiconductor representation and design‑in partner, to strengthen its early‑stage engineering and customer engagement across Scandinavia and Northern Europe. The deal adds coverage in Denmark, Sweden, Finland, the UK, Poland and...
Hakeem Health Raises $1.65M in Funding Round Led by Merak Capital
Saudi Arabia-based healthtech startup Hakeem Health announced it raised $1.65 million in a funding round led by Merak Capital with participation from Sanabil 500. The capital will support expansion of its AI‑powered SaaS platform HakeemDx across hospitals and health systems...
E.ON to Acquire British Energy Supplier OVO
German utility E.ON announced it will acquire UK energy retailer OVO, creating one of Britain's largest energy suppliers. The acquisition combines E.ON's extensive household and business customer base with OVO's four million home energy customers. Deal terms and value were...
GreenRock Capital Secures $103M Debt Financing for Ontario Airport Hotel Repositioning
GreenRock Capital LLC closed a $103 million financing package for the Ontario Airport Hotel and Conference Center, owned by National CORE, to fund its conversion into a Hyatt Regency. The financing combines $26 million in tax‑exempt C‑PACE bonds and $77 million in tax‑exempt mortgage...
Stonepeak to Acquire BMO Transportation and Vendor Finance
Stonepeak, an alternative investment firm, announced it will acquire BMO Financial Group’s Transportation Finance and Vendor Finance businesses. BMO will retain a 19.9% minority stake in the combined entity. The transaction was announced on May 11, 2026.
James Kennedy’s Kennedy Consolidated Acquires Alquemie Group’s 25 Lego Stores in Australia
Luxury retailer James Kennedy’s newly formed Kennedy Consolidated has agreed to purchase Alquemie Group’s 25‑store Lego Certified Stores portfolio in Australia. The transaction, valued at an undisclosed amount, marks the first acquisition for the investment platform.
Apollo Funds to Acquire Emerald for $1.5 Billion
Apollo Funds announced a merger agreement to acquire Emerald Holding, Inc. and Questex, LLC for $1.5 billion in cash, offering $5.03 per share. The acquisition will combine the two B2B events platforms and is expected to close in the second half...
Saudi Startup Gabster Raises $500K Pre‑seed Round From RAI and T2
Gabster, a Saudi business‑operations platform, secured $500,000 in a pre‑seed round backed by RAI (Rajhi Investment) and T2. The funding will accelerate development of its AI‑powered unified business management platform that integrates multiple communication channels and offers no‑code automation tools....
Featherless.ai Raises $20M Series A Led by AMD Ventures and Airbus Ventures
Featherless.ai, a US AI startup, raised $20 million in a Series A round co‑led by AMD Ventures and Airbus Ventures. The funding will be used to scale global infrastructure, launch a marketplace for specialized open models, and deepen hardware integrations. The round...
BBVA México Provides $200M Green Financing to Macquarie Asset Management México
BBVA México extended a $200 million green‑financing facility to real‑estate investment trust Macquarie Asset Management México (Fibra Macquarie) to fund certified industrial‑property developments in Mexico. The loan supports ESG objectives and was announced on 11 May 2026.
Bruin Capital Buys Stake in Sports Promoter Matchroom
Bruin Capital agreed to purchase a 15% minority stake in sports promoter Matchroom, valuing the company at over $1.35 billion. The deal, announced on Monday, gives Bruin a board seat while the Hearn family retains control. Financial terms of the transaction...
Prosus to Sell Delivery Hero Stake to Aspex Management for $395M
Prosus agreed to sell about 15.2 million Delivery Hero shares to Aspex Management for roughly €335 million ($395 million). The transaction reduces Prosus’s holding in the German food‑delivery platform and marks a new step after its recent sale to Uber.
Molex Completes Acquisition of Teramount Ltd. For $430M
Molex announced the completion of its acquisition of Israeli silicon photonics packaging specialist Teramount Ltd., adding detachable fibre‑to‑chip connectivity for high‑volume co‑packaged optics. The deal, valued at approximately $430 million, expands Molex’s optical solutions portfolio and positions it for AI data‑center...
Sindhuja Microcredit Raises $5M Pre-Series D Funding
Noida‑based NBFC‑MFI Sindhuja Microcredit secured $5 million in a pre‑Series D round, with participation from existing investors Abler Nordic, Huruma Fund (via GAWA Capital) and Oikocredit. The funding will bolster its capital base and support expansion of lending operations for underserved women...
Traton Group Issues $935M Green Bond and Loan to Fund BEV Trucks and Buses
Traton Group, the parent of Scania and MAN, issued a $550 million green bond and a $385 million green loan, totaling $935 million, to fund battery‑electric commercial vehicle projects. The financing, the first under Traton’s Green Finance Framework, supports emission‑free mobility for trucks...
Coller Capital Leads €635M Continuation Fund Raise for Verdane Portfolio Businesses
European buyout investor Verdane has closed a €635 million multi‑asset continuation fund, with the raise led by secondaries specialist Coller Capital. The vehicle provides liquidity and continued support for three of Verdane’s portfolio companies. The deal was announced on May 11, 2026.
Cowboy Space Raises $275M Series B to Build Space Data Centers
Cowboy Space Corporation announced the closing of a $275 million Series B round, valuing the company at $2 billion. The round was led by Index Ventures with participation from Breakthrough Energy Ventures, Construct Capital, IVP and SAIC. The funding will support the startup’s...
WA Gold Raises $2.5M Strategic Capital From Tribeca
Australian gold miner WA Gold Limited completed a $2.5 million strategic capital raise in February, with investment firm Tribeca joining as a cornerstone investor. The funds will be used to advance the Abercromby gold project and support exploration at the...
Fieldwork Robotics Raises $3.8M to Trial Berry-Picking Robots in the UK
UK-based crop-harvesting robot developer Fieldwork Robotics announced it has secured over £3 million (approximately $3.8 million) in investment and grant funding. The round was led by climate‑technology investor Elbow Beach, which contributed £2.2 million. The funds will be used to trial the company's...
Reliance Industries to Spin Off Jio Platforms in $130bn-$150bn IPO
Reliance Industries announced it will spin off its telecom arm Jio Platforms via an initial public offering in the coming months. The IPO is expected to value Jio at $130 bn‑$150 bn and raise about $3.5 bn, making it the largest offering in...
BuildPass Secures up to $5M Venture Debt From Mighty Partners to Fuel US Expansion
Australian construction software company BuildPass announced it has secured a venture debt facility of up to $5 million from Sydney‑based lender Mighty Partners. The credit will fund the company’s hiring and go‑to‑market efforts in the United States, where its revenue now...
Luxshare Precision to Acquire 59.5% Stake in BWI International
Luxshare Precision has signed a conditional agreement to acquire a 59.5% stake in Hong Kong‑listed auto components maker BWI International from its controlling shareholder Jingxi Zhixing Group. The deal, announced on May 10, will make Luxshare the ultimate controlling shareholder...
Lexicon Pharmaceuticals Secures $100M Loan Facility From Hercules Capital
Lexicon Pharmaceuticals announced a new $100 million loan facility from Hercules Capital, bolstering its balance sheet with $199.7 million in cash and investments. The financing comes as the company reports Q1 2026 revenue of $21.1 million, driven by milestones from...
Compass Completes Acquisition of Anywhere Real Estate, Parent of Corcoran
Compass has completed the acquisition of Anywhere Real Estate, the parent company of Corcoran, further consolidating the New York residential brokerage market. The deal, announced earlier this week, underscores the growing trend of large national players absorbing smaller firms.
L Catterton Backs Good Culture in $500M+ Valuation Deal
US cottage cheese brand Good Culture secured fresh backing from private‑equity firm L Catterton, valuing the company at more than $500 million. The investment will fund scale‑up efforts and allow management to retain control over product innovation. The deal was announced in...
Gibson Sotheby's International Realty Acquires Madden Group
Gibson Sotheby's International Realty announced the acquisition of Madden Group, a boutique brokerage serving New Hampshire's Seacoast region, parts of Massachusetts and southern Maine. The deal expands Gibson Sotheby's footprint into New Hampshire with a new branch in Portsmouth, and...
ABB Awards $180,000 in Corporate Funding to Six AI-Powered Energy Startups
ABB announced the winners of its 2026 Startup Challenge, awarding each of six AI-driven energy startups $30,000 in collaboration funding to develop MVPs over six months. The startups—Sesame Sustainability, MorphoAI, Bisly, eRoots Analytics, Forgis, and Faraday Predictive—will also receive mentorship...
Lombard Equities Group Acquires 1970s Portland Multifamily Asset with 10%+ Yield and 5‑Year Seller Financing
Lombard Equities Group announced it has entered into a contract to purchase a 1970s‑era multifamily property in Portland, Oregon, offering a cash‑on‑cash yield of over 10% from day one. The transaction includes five‑year seller‑financed, interest‑only financing at a fixed 5%...
Zepto Secures SEBI Nod for $1bn IPO
India’s quick‑commerce startup Zepto has received SEBI approval to proceed with its proposed $1 bn IPO, with filing expected within six to eight weeks. The offering will primarily be a primary capital raise, though final size and pricing remain to be...
EY Brazil to Acquire MB Agro, Expanding Agribusiness Consulting Capabilities
EY Brazil announced it will acquire MB Agro, a Brazilian agribusiness consulting boutique, to strengthen its agribusiness advisory and market intelligence services. The deal, pending regulatory approval, will bring MB Agro's team, client portfolio, and subscription‑based intelligence products into EY...
Willow Lane Acquisition Corp. To Become Boost Run Inc. After Business Combination
Willow Lane Acquisition Corp. announced it will complete a business combination with Boost Run Inc., resulting in a name change to Boost Run Inc. and a new ticker symbol BRUN effective May 11, 2026. The transaction converts WLAC into Boost...
Core Lithium Raises $67M in Second Tranche for Finniss Lithium Project
Core Lithium completed the second tranche of its $120M equity raise for the Finniss lithium project in the Northern Territory, securing an additional $67M in funding. The tranche was approved by shareholders at a meeting this week.
Barings Provides $58M Debt Financing for 1333 Broadway Multifamily Building
Barings has provided a $58 million debt financing to refinance 1333 Broadway, a 106‑unit mixed‑income multifamily building in Bushwick, Brooklyn. The loan was secured by a joint venture of Ekstein Development Group and Standard Real Estate Investments, with JLL Capital Markets arranging...
Rocket Lab Announces Acquisition of Space‑robotics Maker Motiv Space Systems
Rocket Lab disclosed that it will acquire space‑robotics company Motiv Space Systems, expanding its capabilities in satellite servicing and on‑orbit operations. The acquisition was announced alongside the company's Q1 earnings and its record launch contract. Financial terms of the deal...
German Dairy Giant Theo Müller Group Acquires Plant‑based Milk Pioneer Berief Food
German dairy giant Theo Müller Group has agreed to acquire Berief Food, a leading German plant‑based milk and tofu producer, which will continue operating as an independent unit. The deal, aimed at accelerating Berief Food’s international expansion and strengthening Müller’s...
Cantaloupe, Inc. Merges with Catalyst Holdco II Subsidiary of 365 Retail Markets in Cash Deal
Cantaloupe, Inc. completed a merger with a wholly‑owned subsidiary of Catalyst Holdco II, Inc., part of 365 Retail Markets, LLC. The transaction, consummated on May 8 2026, will pay $11.20 cash per share to Cantaloupe shareholders. The merger was approved by shareholders on September 4 2025.
Warner Music Acquires Red Hot Chili Peppers Catalog for $300M
Warner Music Group, via its $1.2 billion joint venture with Bain Capital, completed the acquisition of the Red Hot Chili Peppers' four‑decade music catalog for $300 million, as reported on May 8, 2026. The deal gives Warner control over the band's masters, following a...
InMusic Acquires Native Instruments, Including iZotope, Plugin Alliance, and Brainworx
Music technology firm inMusic announced the acquisition of Native Instruments, the maker of popular audio software and hardware, along with its subsidiaries iZotope, Plugin Alliance and Brainworx. The deal was announced on May 8, 2026, and is expected to close in the...
Ontario Power Generation Secures $970M Loan From Canada Infrastructure Bank for Darlington SMR Project
Ontario Power Generation (OPG) has begun construction of the first small modular reactor at Darlington and secured a $970 million loan from the Canada Infrastructure Bank as part of a $3.97 billion financing package that also includes up to $2 billion from the...
US Coastal Insurers Raise $100M via Chartwell Re Cat Bond Issuance
US Coastal Insurance Company and US Coastal Property & Casualty Insurance Company, administered by Cabrillo Coastal General Insurance Agency, have launched a second catastrophe bond with Chartwell Re Ltd., targeting $100 million of fully‑collateralized reinsurance. The Series 2026‑1 issuance includes a $55 million...
Extell Development Acquires 405-417 Park Avenue Site for $500M
Extell Development, led by Gary Barnett, completed a $500 million acquisition of the 405‑417 Park Avenue block in Midtown Manhattan. The site, previously owned by GDS Development, Klövern AB, DWS Group and MRP Realty, adds up to 700,000 sq ft of office space potential to Extell’s...