High-Profile Virginia Winery to Be Acquired by Start-Up
Veritas Legacy Partners LLC, a newly formed investment vehicle led by health‑tech architect Kurt Wassenaar and real‑estate investor Eric Trebour, will acquire Veritas Vineyards & Winery in Nelson County, Virginia, with closing expected in early summer 2026. The winery’s British founders, Patricia and Andrew Hodson, are retiring, but their daughter Emily will stay on as head winemaker and son George will remain CEO. The buyers emphasize preserving the estate’s acclaimed hospitality and wine‑tourism offerings while providing capital and operational support for the next generation. All existing wine club memberships and reservations will be honored under the new ownership.
Exclusive: Centricity in Talks to Raise $30 Mn Round Led by MUFG and SIG
Wealth‑tech startup Centricity is negotiating a $30 million financing round led by Mitsubishi UFJ Financial Group and Susquehanna International Group. The deal would value the Gurugram‑based firm at roughly $250 million, doubling the $125 million valuation from its September 2024 seed round. Centricity plans...
Amazon Prepares Its First Swiss Franc Bond in Six-Part AI-Capex Push
Amazon is preparing its first Swiss franc bond issuance, a six‑tranche program spanning 3‑ to 25‑year maturities, marking its entry into the CHF market. The move follows a broader multi‑currency funding push, after a $37 bn dollar bond and €14.5 bn euro...
Amazon Prepares to Sell First Swiss Franc Bond in AI Push
Amazon.com Inc. is set to launch its first-ever bond offering denominated in Swiss francs. The company has hired BNP Paribas, Deutsche Bank and JPMorgan Chase to manage a six‑part issuance covering maturities from three to 25 years. The proceeds are expected to...
Loans in Focus: Maslow Helps Unlock Major Madrid Logistics Development, Standard Chartered Provides £250m for London PBSA, Pbb Issues €86m...
Maslow Capital has extended a €40 million ($44 million) facility to Dunas Capital Real Estate to accelerate a large logistics park in Madrid. Standard Chartered is providing a £250 million ($313 million) construction loan for a purpose‑built student accommodation (PBSA) project in London. pbb...
Goldman Sachs Private Credit BDC Reports 3.7% Q1 NAV Decline
Goldman Sachs’ listed business development company (BDC) reported a 3.7% drop in net asset value (NAV) to $12.17 per share for Q1, driven by higher unrealised losses and portfolio markdowns. Non‑accrual loans rose to 4.7% of the portfolio, up from...
KKR, HASI-Backed Sustainable Infrastructure Platform CarbonCount Raises Over $500 Million
KKR and HA Sustainable Infrastructure Capital expanded their CarbonCount Holdings 1 platform by issuing $508 million in senior unsecured notes, raising total investment capacity to nearly $5 billion. Launched in 2024 with $1 billion commitments from each partner, the platform previously raised $592 million in...
Bologna’s Cellply Secures €7.15 Million to Develop Tools for Faster Immunotherapy and Cell Therapy Development
Italian deep‑tech startup Cellply has closed a €7.15 million ($7.8 million) funding round led by ENEA Tech e Biomedical. The capital will fund global rollout of its VivaCyte® single‑cell analysis platform and development of next‑generation ATMP quality‑control tools. The round also saw...
TWIA Lifts Alamo Re 2026-1 Cat Bond Target Size to Between $600m and $750m
The Texas Windstorm Insurance Association (TWIA) has increased the target size of its Alamo Re Series 2026‑1 catastrophe bond to between $600 million and $750 million, up from the original $450 million goal. All three tranches – Class A, B and C –...
European Tech Weekly Recap: €1.4B in Deals and April's Highlights
European tech investors completed more than 65 funding deals last week, aggregating roughly €1.4 bn ($1.5 bn). In April, the region recorded 290 deals and €5.1 bn ($5.6 bn) raised, a decline from March’s €7.5 bn ($8.2 bn). The United Kingdom stayed the largest funding market,...
Florida Citizens Now Targets up to $600m of Reinsurance From Everglades Re II 2026-1 Cat Bond
Florida’s Citizens Property Insurance Corp has increased its reinsurance target for the Everglades Re II Ltd. Series 2026‑1 catastrophe bond from $450 million to as much as $600 million. The three tranches—Class A, B and C—have been expanded in size and their...
Naspers Unit Offloads Stake in Food Giant for R6.5-billion
Prosus, the consumer‑internet arm of Naspers, agreed to sell a 5% stake in German food‑delivery leader Delivery Hero to Aspex Management for roughly €335 million (about $369 million), equivalent to R6.5 billion. The deal prices the 15.2 million shares at €22 each, a 10% premium...
AI M&A Surges as Software Captures Nearly Three-Quarters of North American Deals
Artificial intelligence‑related mergers and acquisitions in North America surged to a record 1,634 deals between 2021 and 2025, with 2025 alone seeing 589 transactions—a 57% year‑over‑year jump. AI’s share of total M&A climbed from roughly 2% in 2021‑2022 to over...
Dangote Cement Reportedly Considering London Listing
Dangote Cement, Africa's largest cement producer, is reportedly weighing a partial listing in London to tap international capital markets. The move aims to broaden its investor base and potentially lift valuation multiples, leveraging its 55 Mta capacity across ten African nations....
Vodacom Paid Nearly Twice Book Value for Its Maziv Stake
Vodacom disclosed that it paid R12.64 billion (≈ $666 million) for a 30% stake in Maziv, the fibre‑optic platform behind Vumatel and Dark Fibre Africa. The consideration comprised R7.93 billion in cash, R143 million in capitalised costs and R4.57 billion in fibre assets, valuing Maziv at...
Stock Trading App Sahi Founders Dilute over 60% Stake After Series B Round
Indian stock‑trading app Sahi completed a $33 million Series B, bringing total capital raised to about $50 million and pushing its post‑money valuation to roughly $200 million. The round, led by Accel India and Elevation Capital, diluted the founders’ combined holding to 38.5%, while...
SMBC Appoints Elaine He as Head of DCM Apac Ex-Japan
SMBC Group has appointed Elaine He as head of its debt capital markets (DCM) syndicate and co‑head of DCM for Asia Pacific ex‑Japan, effective May 11. He brings extensive experience in high‑yield syndications and cross‑border financing. The move reinforces SMBC’s...
Top ECB Official Attacks German Opposition to UniCredit’s Bid for Commerzbank
The European Central Bank’s top official publicly rebuked German politicians who oppose UniCredit’s €12 billion (≈$13 billion) hostile bid for Commerzbank. The ECB argued that the resistance undermines market‑driven consolidation and could weaken the euro‑area banking sector. German parties cite national interest...
How the UK Can Use the Bond Markets’ ‘Kindness of Strangers’
The UK now spends over £100 bn (≈ $127 bn) a year on debt interest, roughly 1 in 12 pounds of government spending, despite a lower debt‑to‑GDP ratio than France and Italy. Yield differentials mean the UK pays about 5% on 10‑year gilts...
AI Agents Are Entering Investment Banking, but Is the Industry Ready?
Artificial intelligence agents are moving from pilot projects to operational tools in investment banking and private equity, automating tasks such as financial due diligence, data‑room analysis, and valuation modeling. Early adopters report that AI can compress weeks‑long document reviews into...
Hong Kong’s New Listing Pipeline Remains Undeterred by Iran War Volatility
Hong Kong’s stock exchange is experiencing a listing boom driven by AI and hard‑tech firms despite geopolitical volatility from the Iran conflict. Lightelligence’s IPO raised about $319 million, was oversubscribed 5,700 times and its shares jumped to a 52‑week high of...
The Bidding War Begins as Ooh Media Receives Second Takeover Offer
Australian outdoor advertising firm Ooh Media has received a second, higher takeover bid from infrastructure investor I Squared Capital, offering $1.45 per share and valuing the company at roughly $508 million USD, up from private equity firm Pacific Equity Partners’ $1.40...
SCI-In-Focus:-Morocco-Quietly-Emerges-as-Africa's-Synthetic-Securitisation-Pioneer
Morocco is quietly positioning itself as Africa’s first synthetic securitisation hub, rolling out privately funded transactions that recycle bank credit risk. The initiative, highlighted by Capital Relief Trades, leverages synthetic risk‑transfer (SRT) structures to free up capital for lenders. Early...
EBay Permanently Bans GameStop CEO Ryan Cohen for Putting Its Community ‘at Risk’ Following Takeover Attempt
eBay announced it has permanently banned GameStop CEO Ryan Cohen from its marketplace, citing that his actions put the eBay community at risk. Cohen had recently floated a $55.5 billion hostile takeover proposal for eBay and was also selling high‑priced GameStop...
Zepto, Dhoot Transmission Among 6 Companies to Secure Sebi's Nod for IPO
Six Indian firms, including quick‑commerce unicorn Zepto and auto‑components maker Dhoot Transmission, have received SEBI clearance to launch IPOs. Zepto aims to raise roughly $1.3 billion, while Dhoot Transmission targets $250 million backed by Bain Capital. The other companies—Horizon Industrial Parks, Surgiwear,...
S-Reit Acquisitions Pick up with Improved Financing
Acquisition activity among Singapore REITs surged in 2026, with 11 deals worth S$6.3 bn (≈$4.7 bn) announced in the first four months—over 70% of last year's total value. The pace outstrips 2025, when 21 transactions totaled S$8.8 bn (≈$6.5 bn). Major players CICT and...
Wedbush Sends Blunt Message on Elon Musk's Tesla and Intel Deal
Elon Musk’s Terafab project, a joint semiconductor fab venture between Tesla, SpaceX and Intel, has filed a $55 billion Phase 1 investment with total costs potentially reaching $119 billion. The facility aims to produce 2‑nanometer AI and memory chips at a scale of...
Calpine Acquisition Strengthens Constellation Energy Corporation (CEG) as a High-Growth Utility Stock
Constellation Energy Corp (CEG) completed a $26.6 billion acquisition of Calpine, expanding its generation capacity to roughly 55 GW across nuclear, gas, geothermal, hydro, wind, solar and battery storage. Evercore ISI resumed coverage with an Outperform rating and a $380 price target,...
Expedia Spent $279 Million on Acquisitions in Q1, Airbnb Gained $70 Million on Tiqets Deal: Scoop
Expedia Group spent $279 million in Q1 2025 to acquire Amsterdam‑based ticketing platform Tiqets, as disclosed in its 10‑Q filing. Airbnb, which previously invested in Tiqets, recorded a $70 million gain from the sale, boosting its quarterly profit. Expedia plans to first embed...
East Africa Capital Markets Dodge Bullet From Gulf War
East Africa’s capital markets have largely avoided the capital‑flight shock from the Gulf war, with foreign investor participation on the Nairobi Securities Exchange (NSE) slipping only modestly. In Q1 2024, foreign holdings fell 4.73 percentage points to 32.27%, and investors...
Rocket Lab Has Signed An Agreement To Purchase Motiv Space Systems
Rocket Lab announced on May 7, 2026 that it has signed an agreement to acquire California‑based Motiv Space Systems, with the transaction slated to close in the second quarter of 2026. The deal will rebrand Motiv as Rocket Lab Robotics and bring...
Quantinuum Filed for an IPO Worth 20 Billion Dollars. It Has 31 Million in Revenue and a Quantum Computer that...
Honeywell‑backed Quantinuum filed a U.S. IPO seeking a valuation above $20 billion, despite reporting just $30.9 million in 2025 revenue and a $192.6 million loss. The company’s pitch hinges on Apollo, a universal fault‑tolerant quantum computer slated for 2029, which does not yet...
CEE Startup & Tech Weekly: Estonian Skeleton Technologies Secures €33M Ahead of US IPO
Estonian energy‑storage specialist Skeleton Technologies announced a €33 million first‑close of a larger funding round, bringing its total venture capital to €392 million (≈ $421 million) as it prepares for a U.S. IPO slated for 2027. The round follows a wave of sizable European...
NTPC Looks to List Arms NEEPCO, THDC by FY27
State‑owned power giant NTPC announced plans to list its subsidiaries THDC India and North Eastern Electric Power Corp (NEEPCO) on Indian stock exchanges by the close of the current financial year. The move follows NTPC’s recent listing of its green‑energy...
Compass Wire Cloth Expands U.S. Footprint With Georgia Acquisition
Compass Wire Cloth completed the acquisition of Sefar Corporation’s Round Ring Screen division in Gray, Georgia on March 31, 2026, adding a dedicated pre‑tension screen manufacturing line to its portfolio. The Georgia plant complements the company’s New Jersey facility, expanding...
Jardine C&C Said to Explore Sale of Car Dealership in Malaysia and Singapore
Singapore‑listed Jardine Cycle & Carriage, a Jardine Matheson subsidiary, is exploring a sale of its car dealership operations in Malaysia and Singapore. The potential transaction could value the business between $250 million and $350 million. Jardine Matheson holds roughly 85% of C&C,...
SEBI Plans Major Changes to Buyback Rules, Seeks Public Comments
India’s securities regulator SEBI has unveiled a consultation paper proposing sweeping reforms to the country’s share‑buyback framework. The draft shortens the open‑market buyback window to 66 working days, eliminates the separate trading‑window requirement, and mandates electronic notice to shareholders within...
Odyssey Completes Journey to NASDAQ: Public Equity Report
Odyssey Therapeutics completed its long‑awaited IPO and debuted on Nasdaq, after withdrawing a previous filing in June 2025. The immunology‑focused company priced its shares in early May 2026, marking a successful market entry. At the same time, three biotech firms—Cytokinetics,...
Loandepot Files $250 Million Shelf Registration
Loandepot filed a $250 million shelf registration with the SEC, giving it the option to raise capital through equity, debt or hybrid securities. The move follows a larger‑than‑expected first‑quarter loss and a 17.7% drop in cash to $277.4 million. The company carries...
Odyssey’s IPO Brings In $304M for Quest to Develop Better Immunology Drugs
Odyssey Therapeutics priced 15.5 million shares at $18, raising $304 million including a $25.2 million private placement. The funds will finance Phase 2a/2b trials of OD‑001, an oral RIPK2 inhibitor for ulcerative colitis, and advance OD‑002, a SLC15A4 inhibitor, toward Phase 1/2a. Odyssey’s platform targets...
TOMI Environmental Solutions, Inc. Reports First Quarter 2026 Financial Results and Announces Transformative Letter of Intent to Merge with Carbonium...
TOMI Environmental Solutions reported Q1 2026 revenue of $1.65 million, a 5% year‑over‑year increase and a 67% sequential jump, driven by strong equipment and custom‑engineered system sales. Operating expenses fell 15%, boosting operating cash flow to $296 thousand. The company also announced...
Cash, Debt, Budget and Disclosure in Uncertain Times
Unpredictable federal actions in 2025‑2026—shutdowns, grant terminations and funding freezes—have left municipalities scrambling to align cash inflows with budgeted expenditures. Public‑finance professionals are urged to adopt real‑time treasury solutions that track actual bank activity, forecast variances, and enable rapid response...
IPO Stock Of The Week: Amer Sports Eyes New Buy Point After Bullish Advance
Amer Sports, a recent IPO highlighted as IBD's Stock Of The Week, posted an 82% jump in Q4 earnings per share to 31 cents and a 28% revenue increase to $2.1 billion. The company’s portfolio includes premium brands such as Wilson, Salomon...
Huayou Cobalt: Proposes to Acquire 100% Equity in Atlantic Lithium for $210 Million
Huayou Cobalt announced a $210 million deal to acquire 100% of Atlantic Lithium, securing the Ghana‑based Ewoyaa lithium project. The asset contains 36.8 million tonnes of JORC‑compliant resources at an average 1.24% Li₂O grade, equating to roughly 1.13 million tonnes of LCE. The...
EXp Expands Platform with Acquisition of NextHome
eXp World Holdings announced the acquisition of NextHome, a franchise network with over 500 locations, and will begin trading on Nasdaq under the new ticker AGNT. The deal, whose financial terms were not disclosed, integrates NextHome’s proven franchise model into...
Morgan Stanley Alum Joins as SMBC Managing Director
SMBC has hired a former Morgan Stanley executive as a managing director in its securitized products and capital solutions division. The new hire will oversee the bank's expanding global securitization platform, adding depth to its CLO and structured finance capabilities....
Vodafone Group Weighs Stake Transfer to Support Vodafone Idea’s Fundraising: Report
Vodafone Group is exploring a transfer of part of its 19% stake in Vodafone Idea (Vi) to the Indian carrier’s treasury holdings, a move designed to shore up Vi’s capital base after the government cut its spectrum‑related adjusted‑gross‑revenue (AGR) dues...
SoftBank Reportedly Slashes OpenAI-Backed Loan From $10 Billion to $6 Billion as Lenders Balk at Private AI Valuations
SoftBank has trimmed its planned margin loan backed by its OpenAI stake from $10 billion to up to $6 billion. The reduction reflects lender discomfort with pricing a private AI company whose valuation remains opaque. The loan, secured by SoftBank’s OpenAI shares,...
Muni Market Continues to Adopt Electronic Trading
Electronic trading of municipal bonds hit a new high in Q1 2026, with 21 % of total muni volume executed electronically, up from 20 % the prior quarter. The uptick reverses the usual seasonal dip and signals accelerating adoption across both the buy‑side...
![[Update] Zaggle Revises DICE Deal Structure, Cuts Acquisition Cost To ₹68 Cr](https://inc42.com/cdn-cgi/image/quality=90/https://asset.inc42.com/2024/12/zaggle-MA-social-.png)
[Update] Zaggle Revises DICE Deal Structure, Cuts Acquisition Cost To ₹68 Cr
Zaggle has restructured its planned acquisition of DICE, lowering the purchase price to roughly ₹68 crore (about $8.2 million) from the earlier ₹123 crore estimate. The revised deal targets only DICE’s AI‑enabled spend‑management platform, its intellectual property, enterprise contracts and about 100 technology...