EverBank to Combine With WaFd to Create $75 Billion BankWSJ · 16h
Robinhood Wins a New Role in the Oura IPO: UnderwriterWSJ · 16h
Pricey oil is laying the groundwork for its own declineFT · 19h
Africa’s richest man seeks to raise $1.6bn in continent’s biggest IPOFT · 20h
Oil closes in on $100 as renewed supply crunch loomsFT · 20h
Canada Imposes Tariffs Up to 50% on US, Risking Wider Trade WarBBG · 22h
South Africa Set to End Longest Growth Run in Decade on IranBBG · 22h
Stock Funds Are Up 12.6% for Year So FarWSJ · 22h
Institutional Investors Move Markets. Here’s How to Read Their Signs.WSJ · 22h
Tech
Google Cloud, Accenture Launch Unit to Put AI Engineers On-Site With CustomersWSJ · 47m
Innovation is the answer to Britain’s elusive growth problemFT · 2h
Europe battles to catch US and China in space raceFT · 2h
AI Is Disrupting Software Companies—but Not as Fast as Many FearedWSJ · 3h
Will data centres avoid the curse of the mega-project?FT · 3h
Reading scores plummet as ‘digital distraction’ harms studentsFT · 4h
Terra Drone Bets Supply Chains Key to Drone WarfareWSJ · 5h
Australia proposes opt-out law for social media algorithmsFT · 6h
Mistral AI Exceeds $24 Billion Valuation After Samsung-Led Investment RoundWSJ · 7h
Mistral raises record €3bn as Europe strains to keep pace in AI raceFT · 7h
AI is ushering in an era of mass toe-treading at workFT · 8h
Britain’s grid operator gave Palantir contract without inviting rival bidsFT · 8h
Anthropic and OpenAI bankers push for top-tier credit ratings post-IPOFT · 8h
Can Huawei build China’s answer to ASML?FT · 9h
Belgium’s Arrest of Alleged Chinese Chip-Tech Thief Fuels European Fear of BeijingWSJ · 19h
Belgian-Chinese researcher arrested over suspected theft of chip secretsFT · 20h
Law schools tell students to put AI awayFT · 22h
Deal Flow
M&A / Strategic
Ken Griffin's Citadel is seeking to buy US shale oil production assets2h
PE-backed Florida-based EverBank Financial will merge with PWN-based WaFd to create a lender with $75B in assets2h
Blackstone is looking to buy the 15.2% stake in $3B-listed Indian shadow lender IIFL Finance from Canada's Fairfax Financial Holdings2h
EQT agreed to acquire a majority stake in UK insurance broker McGill and Partners from Warburg Pincus for $2B2h
Dutch PE firm Waterland plans to make a higher offer for UK telecoms firm Gamma Communications than the $1.4B bid from UK PE firm Epiris2h
Australian developer Ingenia Communities rejected a $1.4B takeover bid from Warburg Pincus despite a 30% premium2h
Hedge fund Toscafund will take-private UK's biggest private hospital operator Spire for over $1.4B2h
Sweden will buy Lockheed Martin's Himars artillery rocket system in a $730M deal2h
LVMH-linked PE firm L Catterton is close to buying a controlling stake in fitness competition brand Hyrox from Switzerland-based Infront Sports & Media at a $700M valuation2h
Angola plans to raise $230M from a 34% stake sale in Standard Bank de Angola previously held by a convicted insurance tycoon2h
Abu Dhabi AI firm G42 is exploring selling a majority stake to American firms to safeguard access to US chips2h
Abu Dhabi's ADNOC is in talks with Thai refiner PTT and African conglomerate Dangote for stakes in their refineries2h
Spanish banking group BCC-Grupo Cooperativo Cajamar ended talks over a potential acquisition of Portuguese bank Banco CTT from CTT - Correios de Portugal2h
Australian energy firm Santos acquired an additional 3.3% stake in the Papua LNG project from France's TotalEnergies for $190M to raise its stake to 21% after TotalEnergies transferred operatorship to ExxonMobil and cut its stake to 20% to focus on other JVs2h
P*rn tycoon David Sullivan raised his stake in UK soccer club West Ham United to 40% despite sex abuse allegations while Czech billionaire Daniel Kretinsky became the biggest shareholder with a 46% stake after acquiring shares from Vanessa Gold2h
Polish anti-drone company Advanced Protection Systems is exploring a sale2h
South Africa's Industrial Development Corp. plans to sell its 10.5% stake in Namibia's Rossing Uranium to cut ties with Iranian and Russian entities2h
Portugal asked Air France-KLM and Lufthansa to submit improved offers for a 49.9% stake in the privatization of flag carrier TAP2h
VC
Google-backed Indian space tech startup Pixxel raised a $100M Series C led by SWF Temasek and Seraphim2h
Nua, a women's wellness brand, raised a $50M Series C led by Peak XV Partners and Filter Capital2h
Gimlet Labs, an applied AI research and product company, raised a $300M Series B at a $3B valuation led by a16z2h
IPOs / Listings / Issuances / Block Trades
Anthropic will launch its $100B IPO in mid-October with Morgan Stanley and Goldman Sachs set to lead the offering2h
China's Moonshot AI is considering raising $5B in a Hong Kong IPO this year2h
Jio Platforms, the telecoms unit of Indian conglomerate Reliance Industries, is set to market its record $4B India IPO this week; the listing could fetch a $150B valuation2h
Nigeria's Dangote Petroleum Refinery and Petrochemicals is seeking to raise $1.6B at a $49B valuation in Africa's biggest IPO ever2h
SHEIN shares are down 19% from their IPO price to become Hong Kong's worst IPO in years after raising $1.75B at a $26.5B valuation2h
KKR-backed South Korean fashion retailer Musinsa plans to IPO at a $7.5B valuation in Korea's biggest IPO in years2h
Blue Owl Capital is seeking to launch a $6.5B-listed data center REIT2h
Swedish smart ring maker Oura Health named Robinhood as an underwriter in its first ever IPO mandate2h
RNA-focused Adarx Pharmaceuticals filed for an IPO2h
Indonesian miner Merdeka Battery Materials is considering a Hong Kong share sale2h
South Africa is seeking to spinoff Eskom Transmission into a fully independent transmission system operator2h
Japanese unicorn chip startup Preferred Networks plans to IPO this decade2h
Debt
China's ByteDance secured a $29.6B loan from 30 banks for its AI push2h
UK AI cloud firm Nscale is seeking to sell $1.5B of convertibles and secure $2B in financing from Nvidia ahead of its $3B US IPO2h
Africa's largest mobile network operator MTN Group is exploring its first international bond sale in a decade to fund its $2.2B buyout of the remaining 30% shares of IHS Towers2h
Chinese University of Hong Kong is seeking a $510M bank loan to refinance a facility supporting its private hospital2h
Blue Owl Technology Finance Corp., the software-focused private credit fund of Blue Owl, raised $150M in a private placement its its third financing since June2h
Bankruptcy / Restructuring / Distressed
A slice of EQT-backed French medical diagnostics firm Cerba Healthcare's revolving credit facility is up for sale as the firm moves toward a court-supervised restructuring to tackle $5.8B in debt2h
Struggling Ukrainian iron ore miner Ferrexpo raised $100M from investors to stave off insolvency2h
Funds / Secondaries
Millennium AUM is nearing $100B amid a $22B fundraising haul2h
Saudi's leading AI firm HUMAIN plans to launch a large $10B VC fund2h
UK venture debt firm Claret Capital raised $670M for its fourth European growth debt fund to back 'less sexy' startups2h
A group of Nordic companies and investors are seeking to create an investment fund to close a funding gap for firms who seek capital outside the region2h
Reforma
Exhibe PISA fracaso educativo en MéxicoNacional · 1h
Acaparan pensiones 67% de los apoyos socialesPortada · 1h
Lidera Alcalde red criminal en PueblaNacional · 1h