Know What's Happening in Investment Banking
Know What's Happening in Investment Banking
Flex to Acquire Electrical Power Products for $1.1B, Expanding Power Infrastructure Portfolio
Flex Ltd. signed a definitive agreement to buy Electrical Power Products for about $1.1 billion in cash. The target adds roughly $323 million of annual revenue and delivers a mid‑to‑high‑teens EBITDA margin. Flex expects the deal to be accretive to adjusted earnings per share in the first full fiscal year after closing.
Google is arranging up to $5 billion in construction loans for a massive Texas data‑center leased to Anthropic, a key partner in its AI strategy. The 2,800‑acre campus, built by Nexus Data Centers, aims to deliver 500 megawatts by late 2026 with a long‑term expansion path to 7.7 gigawatts. Meanwhile, a federal judge temporarily blocked the Pentagon’s effort to label Anthropic a national‑security risk, halting a ban on its Claude model. Reports also claim U.S. forces used Claude during an Iran airstrike, underscoring the tension between commercial AI and defense policy.
FiEE, Inc. announced a $3 million investment that includes a $51,000 equity purchase and a $2.9 million convertible loan, giving it a 51% stake in YinLian Culture and control of the AI‑powered Maltose Culture music ecosystem. The move aims to embed AI‑generated...
Ackerman & Co. announced the creation of a new Investment Sales Division, appointing commercial‑real‑estate veteran Charles Pledger as managing director and hiring eight senior professionals. The move broadens the boutique firm's capital‑markets platform across retail, medical‑office, office, industrial and self‑storage...
Shield AI announced a new funding round that lifted its valuation to $12.7 billion, more than double its prior level, while projecting $540 million in revenue for the current year. The jump underscores growing investor appetite for defense‑focused artificial‑intelligence platforms.
The VC Corner blog post unveils a free seven‑sheet Excel model that lets founders and investors run a full accretion/dilution analysis on any M&A transaction. The tool calculates whether the acquiring company’s earnings per share (EPS) will rise or fall...
A bond is a debt instrument where investors lend money to governments, corporations, or municipalities in exchange for periodic interest payments and return of principal at maturity. The article explains core features such as face value, coupon rate, maturity, and...
India’s IPO market surged in FY26, raising roughly ₹1.65 Lakh Cr (about $20 bn) on the main board and over ₹5,000 Cr ($600 m) via SME listings. S45, an AI‑native investment bank founded in 2025, aims to democratize mid‑market capital raising by automating data‑intensive workflows....
Health In Tech, the Nasdaq‑listed AI‑focused InsurTech, closed a $7 million private placement, selling 5.6 million shares at $1.25 each. The capital will fund sales expansion, technology upgrades and new product development, underscating strong investor appetite for AI‑driven insurance solutions.
Climate Investment has launched a $450 million growth‑equity fund to back decarbonisation technologies for heavy industry, addressing a financing shortfall that CFOs say hampers climate‑tech scaling. The fund will allocate capital to early‑stage projects and partner with investors to bridge the...
Physical Intelligence, a robotics company that blends artificial intelligence with physical machines, is reportedly negotiating a $1 billion financing round that would value the firm at more than $11 billion. The talks signal a broader wave of venture capital money flowing into...
SpaceX is preparing to file paperwork for an initial public offering that could value the rocket and satellite firm at up to $1.75 trillion and raise more than $75 billion, the biggest debut in history. The filing, expected within days, would bring...
Info Edge approved a strategic swap, selling its 26.14% stake in Shopkirana E Trading to Trustroot Internet for $32.97 million and receiving preference shares that give it a 2.13% indirect holding in Trustroot. The company will also inject $1.72 million, bringing total...
The single largest shareholder in IJM just refused to vote on a RM3.15 per share takeover bid worth RM11b in total. That silence is not neutral — it is doing something specific. (Abstentions in public M&A rarely mean “no opinion.”) EPF, IJM’s...
Westgate Resorts announced a $207 million asset‑backed securities (ABS) issuance to securitize cash flow from its timeshare mortgage loans. Structured as a 144A transaction, the Westgate Resorts 2026‑1 deal will issue four tranches—Class A, B, C and D—set to mature on October 20, 2039. The...
Earendil Labs Announces $787 Million in Financing to Scale AI-Driven Biologics Discovery and Development Who is winning AI race again? https://t.co/ZW4S2zUGkS
Micron Technology (MU) fell 3.26% to $382.76 after unveiling a cash offer to purchase all outstanding senior notes, a move that investors say could reshape its balance sheet. The offer, which runs until March 31, comes amid broader pressure on...
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Investment banking candidates must choose between bulge‑bracket giants and niche boutique firms. Bulge banks execute billion‑dollar transactions worldwide, offering brand prestige and formal training, while boutiques provide tighter work‑life balance and on‑the‑job learning. Compensation is typically higher at bulge firms,...
MarshBerry reported 55 RIA M&A deals in January‑February 2026, an 8.3% decline from the record‑setting 2025 pace but 14.5% above 2024, indicating sustained deal flow. Private‑capital‑backed buyers accounted for roughly 69% of transactions, with Hightower Advisors, CAPTRUST and Mercer Advisors...
SEALSQ Corp announced a Letter of Intent to acquire quantum‑interconnect specialist Miraex, granting a 60‑day exclusivity period for due diligence and targeting a June closing. The deal will be financed through SEALSQ’s Quantum Fund and is binding on Miraex. Miraex’s...
Japanese electronics giants Mitsubishi Electric, Toshiba and Rohm have signed a memorandum of understanding to begin talks on merging their power semiconductor businesses. The three firms, which together will hold about 11% of the global market by 2025, aim to...
Insurance M&A activity stabilized in 2025 after a steep 40% drop from 2023, with 211 carrier and broker deals globally, up from just over 200 in 2024. In the U.S. and Bermuda, 455 deals were recorded, but P/C carrier volumes...
Arverne Group, France's leading geothermal solutions provider, announced an ORANE bond issuance of at least €33 million (about $36 million). The 7% annual‑interest bond, maturing June 30 2027 with a six‑month extension option, will be primarily subscribed by Bpifrance together with longtime investors Eiffel Essentiel,...
An important reminder if you work for a family office or just a HNWI and you've done a wonderful job allocating their capital across various asset classes: fixed income, real estate, public equities, PE, venture capital, private credit, commodities, and traditional...
Former President Donald Trump is set to headline a Saudi‑backed investment summit in Miami Beach, drawing sovereign‑wealth officials and billionaire financiers. The event comes as the Iran‑Israel war pushes oil above $110 a barrel and rattles equity markets, raising stakes...
The Maryland Heights‑owned Centene Community Ice Center has drawn on its debt‑service reserve to meet a March principal payment on its $50.2 million Series 2018A revenue bonds and has defaulted on the $5.5 million Series 2018B subordinate bonds. Outstanding principal on the Series A bonds...
JLL Capital Markets arranged a $74.5 million, three‑year refinancing loan for the 267,294‑square‑foot Shops at Stonefield shopping center in Charlottesville, Virginia. The center, anchored by Trader Joe’s and featuring tenants such as L.L. Bean, lululemon, Sephora and a 14‑screen Regal Cinema, is 98 percent...
The episode examines the surprising resurgence of emerging‑market bond issuance, led by African issuers such as Angola and telecom tower firm Helios, while Central‑Eastern European and Middle‑Eastern markets remain largely dormant due to war‑related volatility. George Collard explains why lower‑rated...
Winnie Cisar highlighted that less than 10% of private credit is owned by retail investors, making the asset class vulnerable to redemption pressures. Recent redemption requests expose a liquidity‑mismatch risk, especially as private credit has historically provided crucial funding to...
Ceconomy announced that Austrian authorities may block JD.com Inc.'s €2.2 billion (~$2.5 billion) offer to acquire the German consumer‑electronics retailer. The Austrian Federal Ministry of Economy has expressed doubts about the transaction’s approvability and refused to join a joint solution‑finding process. Ceconomy...
the roll-up math: buy 8 businesses at 4x combined EBITDA: $4M Synergised platform value at 10x: $40M same earnings the multiple did all the work
Versant, the parent of MS NOW and CNBC, is in early‑stage talks to acquire Vox's podcast division, which produces roughly 40 shows. The potential purchase aligns with Versant's strategy to broaden its political news, opinion, sports and entertainment verticals beyond traditional...
Citigroup executives are quietly evaluating a purchase of a major U.S. regional bank to dramatically boost deposits, a stark departure from CEO Jane Fraser’s recent focus on organic growth. Potential targets such as Truist and PNC each hold roughly $500 billion...
the quality of earnings review finds every time: – inflated owner salary – personal expenses in business – one-off revenue not repeating – related party transactions every finding: – a price reduction – a structure adjustment – a walk away signal never skip it
Janus Henderson Group plc will hold a shareholder vote on April 16, 2026, to approve a merger with a Jupiter subsidiary owned by funds linked to Trian Fund Management and General Catalyst. If approved, each JHG share converts to a...
Reliance Industries has set investment‑banking advisory fees for Jio Platforms' planned IPO at roughly 0.65% of the issue size, translating to a potential $26 million fee pool on a $4 billion offering. The fee level mirrors that proposed for the NSE’s own...
IB at Goldman Sachs. PE at TPG. Then he pitched a $1B restaurant buyout at Paulson — now he’s fixing another $1B mess.
Anthropic is discussing an IPO as soon as Q4 2026, with bankers expecting it to raise over $60B, which would make it the second-largest public offering ever behind SpaceX [Reg Req] https://t.co/1wzInQY2y8 #ArtificialIntelligence #Innovation #Technology #Tech #TechNews https://t.co/rDNdrf4S4Q
Crowdcube, a leading UK crowdfunding platform, is running a pre‑IPO secondary offering for Blockchain.com. Shares are priced at £10.47 (about $13.4) each, valuing the crypto firm at roughly $4 bn, a steep drop from its 2022 $14 bn peak. The deal has...
Programming note: I'm adding consumer/retail M&A to my beat while continuing to cover deals across sectors including health, media and telecom. Here's my take on the recent boom in consumer deals: https://t.co/QONxOmUWe1
#Canadian bacon saved as #Clarke, a co that operates ferries on the #StLawrence buys out struggling #REIT #Ravelin in deal that values REIT at $1.1B+adds 6.3MSF NA+#European offices to Clarke's portfolio. #realestate #CRE #mortgage #TSE https://t.co/O403vkrbXu
Chamelidevi Flour Mills Limited has secured in‑principle approval for its Draft Red Herring Prospectus, paving the way for an IPO of 5.82 million equity shares at a ₹10 face value (≈ $0.12 each). The company plans to raise fresh capital to build...
Unilever is advancing talks with McCormick to spin off its Foods division, valued at roughly $33 billion, using a reverse Morris trust that sidesteps capital‑gains tax. McCormick, worth about $14.5 billion, would acquire the unit and grant Unilever shareholders a majority stake...
The Indian government has announced a borrowing plan of ₹8.2 trillion (about $99 billion) for the first half of FY27, keeping the target unchanged despite the ongoing West Asia conflict. The plan calls for 26 weekly auctions of securities ranging from three...
The Federal Reserve voted 4‑3 to grant Morgan Stanley an exception allowing its German investment bank to be folded into its U.S. holding company, sidestepping Section 23A limits on foreign affiliate ownership. All three Democratic board members dissented, arguing the move...
Prediction: SpaceX and Tesla merge within the next 12 months @CCM_Ryan thinks it will be renamed to "X"
Vensure Employer Solutions announced a $450 million senior secured financing led by Stone Point Capital Markets. The capital will fund a wave of acquisitions and expand the company's AI‑powered payroll, benefits and compliance tools, cementing Vensure’s position as a fast‑growing private...
Dubai has surged to seventh place in the Global Financial Centres Index, its highest position ever and the top ranking for any centre in the Middle East, Africa and South Asia. The rise reflects rapid growth at the Dubai International...
Harvey announced a $200 million Series C funding round that lifts its valuation to $11 billion. The round, co‑led by GIC and Sequoia, will fund the expansion of AI agents that automate complex legal workflows for law firms and in‑house teams worldwide.
IDB Invest has approved up to $12 million in senior‑loan financing for rentandes S.A.S., a Colombian operating‑lease specialist. The funds, split into an $8 million committed tranche and a $4 million optional tranche, will be disbursed in local pesos over six years. Rentandes...
scoop w/@jtes: CNBC and MS Now parent Versant is among the companies in talks to acquire Vox Media's podcast biz https://t.co/sWkoNWwPEH
