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 India's history. The move aims to transform Reliance into a technology‑focused conglomerate.
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...
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...
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...
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%...
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.
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...
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...
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...
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...
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...
European Wax Center Merges with Glow Midco Subsidiary in Cash Settlement
On May 8, 2026, European Wax Center, Inc. completed its merger with a wholly‑owned subsidiary of Glow Midco, LLC, an affiliate of General Atlantic. Shareholders approved the merger on May 7, and each EWCZ Class A share will be converted into...
Nvidia to Invest up to $3.2B in Corning for New Optical‑tech Factories
Nvidia and Corning announced a strategic partnership in which Nvidia will invest up to $3.2 billion to develop three U.S. factories focused on fiber‑optic technologies for AI data‑center systems. The agreement, signed on Wednesday, formalizes Nvidia’s commitment to fund Corning’s optical...
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...
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...
Howard Hughes Holdings to Acquire Vantage Group Holdings for $2.1B
Howard Hughes Holdings announced its pending acquisition of Vantage Group Holdings, a specialty insurance and reinsurance firm, for $2.1 billion. The deal, expected to close in Q2 2026, will add a long‑duration earnings engine to HHH’s diversified holding platform. The acquisition...
Square Yards Raises $35M From Smilegate VC Ahead of IPO Plans
Indian proptech platform Square Yards announced a $35 million venture funding round led by South Korean venture fund Smilegate VC, valuing the company at $900 million pre‑money. The capital will support its fintech arm Urban Money and preparation for a...
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...
Phenom Acquires Plum
Phenom announced the acquisition of Plum, expanding its HR technology suite. The deal was reported on May 8, 2026, and financial terms were not disclosed.
Aubuchon Company to Acquire Eight F.L. Davis Ace Stores in Arkansas
The Aubuchon Company announced it will acquire the assets and operations of eight F.L. Davis Ace hardware stores in Arkansas from owners Renae Estes and Caitlin Sartain. The stores will retain the F.L. Davis Ace brand, with Travis Sartain remaining...
Asara Resources Raises $40M to Fast‑track Exploration at Its Guinea Gold Project
Australian miner Asara Resources (ASX:AS1) announced a $60 million (≈$40 million USD) placement, pricing shares at 12.5 c, a 5.4% discount to the 15‑day VWAP, and attracting new institutional investors. The proceeds will fund resource extension, infill and definition drilling, regional exploration, mine...
Datasite Acquires Valu8 to Expand AI-Powered Private Market Intelligence
Datasite, a provider of AI-powered private market solutions, announced the acquisition of Swedish intelligence platform Valu8. The deal integrates Valu8’s European company data into Datasite’s Grata business, expanding coverage to 70 million firms and enhancing AI-driven deal sourcing. Terms were not...
JLL Capital Markets Arranges $26M Bridge Loan for Anaheim Industrial Storage Facility
JLL Capital Markets arranged a $26 million non‑recourse bridge loan for a 7.75‑acre industrial outdoor storage facility in Anaheim owned by North Palisade Partners. The three‑year floating‑rate loan will support the fully leased property, which serves a Fortune 100 logistics company....
Lucara Diamond Completes Equity and Bond Financing for Karowe Project
Lucara Diamond Corporation announced the successful completion of its equity and bond financing for the Karowe underground project in Botswana, strengthening its balance sheet and funding future development. The financing, disclosed without a specific amount, supports the company's operational plans...
Figtree Pharmacy Raises Seed Funding From AJVC Fund
Mumbai-based pharmacy startup Figtree Pharmacy announced it has closed a seed funding round led by AJVC Fund, with participation from other investors. The undisclosed amount will be used to strengthen logistics, build its technology stack, launch private‑label medicines, and expand...
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...
Houston to Price $256M United Airlines High-Yield Bond Deal
On Tuesday, the City of Houston will issue $256 million of high‑yield United Airlines bonds, comprising $106 million for ground‑services equipment and $150 million for catering‑operations facilities. The bonds are secured by United’s lease payments and are being led by Bank of America...
CEFC Commits $800M to TasNetworks' North West Transmission Project
The Clean Energy Finance Corporation (CEFC) announced an $800 million commitment from the Rewiring the Nation Fund to underwrite stage one of TasNetworks' North West Transmission Developments (NWTD) project in Tasmania, covering most of the $860 million cost. The financing aims to...
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...
Versace Mansion in South Beach Secures $44.7M Refinancing
Jordache Enterprises, the Nakash family’s real‑estate firm, refinanced the historic Versace Mansion on Miami Beach with a $44.7 million loan, adding $23.7 million from HSBC to an existing loan from 2021. The 23,462‑sq‑ft property includes Gianni’s restaurant, a 10‑room hotel and event...
Hillhouse Investment to Acquire Mercer’s Private Client Services
Hillhouse Investment, an Asia‑based alternative asset manager, announced it has agreed to acquire Mercer’s Private Client Services, the wealth protection and life‑insurance business owned by Marsh. The transaction is subject to regulatory approvals and other closing conditions, and the financial...
Tencent Sells 1.05% Stake in PB Fintech for $85M in Block Deal
Tencent offloaded its 1.05% stake in PB Fintech, the parent of PolicyBazaar, for Rs 805.45 crore ($85 million) via a block deal on the NSE. Institutional investors including Morgan Stanley, Société Générale, Ghisallo Master Fund, HDFC Mutual Fund and Tata AIA Life Insurance...
Developer Secures $15M Loan for Affordable Housing at 706 W. 85th St.
Logos Faith Development secured a $15 million construction loan from Sunflower Bank to fund the first phase of an affordable housing project on land owned by St. Rest Friendship Church in South Los Angeles. The loan will finance a four-story...
Norfolk Airport Authority Completes $137.5M Bond Sale to Fund New Rental Car Facility
The Norfolk Airport Authority completed the sale of over $137.5 million in revenue bonds, the largest bond issuance in ORF's history. Proceeds will finance the construction of a new Consolidated Rental Car (ConRAC) facility at Norfolk International Airport, slated to...
Macerich Acquires Annapolis Mall From Centennial for $272M
Centennial, together with Kildare Partners and Atlas Hill Real Estate, sold the 1.6‑million‑sq‑ft Annapolis Mall to Macerich for $260 million, plus an adjacent parcel for $12 million, totaling $272 million. Macerich funded the acquisition with cash on hand and a $150 million revolving credit...
Nanya Technology Secures Private Placement From Sandisk Technologies
Nanya Technology announced that Sandisk Technologies has subscribed to a private placement, providing undisclosed capital to support its growth. The transaction was announced on May 8, 2026, and marks a strategic partnership between the two storage firms.
Sentinel Midstream Secures $2.1B Government Funding for Texas GulfLink Deepwater Oil Terminal
Sentinel Midstream announced that the U.S. Commerce Department, under a Japan‑U.S. strategic investment agreement, will provide $2.1 billion to fund its Texas GulfLink deepwater oil‑export terminal in the Gulf of Mexico. The funding, backed by the U.S. and Japanese governments, aims...
Aquatech Acquires FTS H2O to Boost Brine Concentration and Mineral Recovery
Aquatech announced the acquisition of FTS H2O, a provider of membrane-driven brine concentration and resource recovery technologies. The deal expands Aquatech's capabilities in energy‑efficient lithium processing, zero liquid discharge, and brine mining, with FTS H2O’s Oregon headquarters becoming Aquatech’s global...
Architect Capital Invests $535M for 16% Stake in OnlyFans Parent Fenix International
Fenix International Ltd., the U.K. parent of OnlyFans, sold a 16% minority stake to San Francisco‑based Architect Capital for $535 million, valuing the platform at $3.15 billion. The transaction, advised by Moelis & Co. and Skadden, marks a growth‑stage equity investment by...
Wisdom Ventures Closes $77.7M Sophomore Fund
Wisdom Ventures, an early‑stage investor focused on tech‑enabled wellbeing, announced the closing of its second fund with $77.7 million of commitments. The oversubscribed fund will be used to back startups in the wellbeing sector. The closing was reported on May 8 2026.
Stillwater Hospice to Acquire Campbell County Health Hospice
Montana‑based Stillwater Hospice announced it will acquire Wyoming’s Campbell County Health Hospice for an undisclosed sum, with the transaction effective June 1. The acquisition aims to expand clinical resources and support services while preserving CCH’s community roots. No service interruptions are...
Brazil Potash Closes $63.3M Public Offering of Common Shares
Brazil Potash announced the closing of its underwritten public offering of 7 million common shares and pre‑funded warrants, raising about $63.3 million in gross proceeds before expenses. The offering was led by Canaccord Genuity and included full exercise of the underwriters' option...
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...
Inspire Brands Confidentially Files for IPO, Targeting $20B Valuation
Restaurant conglomerate Inspire Brands, owner of Dunkin’, Arby’s, Buffalo Wild Wings and other chains, has confidentially filed for an initial public offering. Backer Roark Capital is seeking a valuation of roughly $20 billion for the company. The filing was announced on...
ASM Texas Corp and FV Star One Acquire Maersk Supply Service Brazil, Rebrand as Navvik
A consortium of ASM Texas Corp and FV Star One has acquired the Brazilian operations of Maersk Supply Service, rebranding the business as Navvik. The acquisition agreement was signed in March 2026, ending the Maersk Supply Services brand in Brazil...
Apollon Wealth Management Acquires Senglaub Financial Group, Adding $650M in Assets
Apollon Wealth Management, a Charleston‑based registered investment advisor, has completed the acquisition of Senglaub Financial Group, a Delafield, Wisconsin RIA with approximately $650 million in client assets. The combined firm will operate as Apollon Wealth – Senglaub Financial Group and is...
Poland Secures $48.1B EU Defence Loan Under SAFE Programme
Poland signed a €43.7 billion ($48.1 billion) loan agreement under the EU's Security Action for Europe (SAFE) programme, becoming the first member state to tap the initiative. The financing will fund defence spending, domestic arms production and technology upgrades. The deal was...
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...
Lafrance Hospitality Acquires New Bedford Harbor Hotel
Lafrance Hospitality announced the acquisition of the 70‑room New Bedford Harbor Hotel, an Ascend Collection property in New Bedford, MA. The boutique hotel will remain open while Lafrance plans enhancements to guest comfort and amenities.