M&A
Intel nears US$1.6 billion deal for AI chip startup SambaNova
Intel CEO Tan Lip-Bu is chairman of the startup
Issue 175: Sembcorp courts still-brown Alinta; Asia can’t let coal go
This week in ESG: Sembcorp to buy Australian utility A$6.5 billion; coal phase-out fizzling out in Asia
SoftBank eyes data centre group Switch as Son hunts for AI
Acquiring Switch would allow SoftBank to own a large portfolio of data centres outright
Trump demands CNN get new owners in Warner bidding war
US PRESIDENT Donald Trump said on Wednesday that he wants to ensure CNN gets new ownership as part of the Warner Bros Discovery sale, targeting the news outlet he has long feuded with.
Netflix’s Warner Bros Discovery bid is an antitrust drama without a villain
Expect lawyers to home in on the definition of ‘relevant market’ that best suits their argument
JD.com to buy stake in Hong Kong’s CCB Tower for HK$3.5 billion
Lai Sun Development has been seeking to offload assets to improve liquidity
IBM accelerates cloud drive with US$11 billion Confluent deal as AI demand booms
Confluent provides technology needed to manage massive, real-time data streams for artificial intelligence models
GIC, Brookfield buy Australia-listed National Storage Reit for A$4 billion
Singapore sovereign fund and the global alternative asset manager will pay A$2.86 per unit in cash
Trump warns Netflix-Warner deal may pose antitrust ‘problem’
The US president will be personally involved in the decision-making process
Warner CEO Zaslav poised to become billionaire from Netflix deal
[NEW YORK] Netflix’s US$72 billion acquisition of Warner Bros Discovery is a coup for stockholders, whose shares are being bought for more than triple what they were worth as recently as April.
