Category : Search result: 83 billion acquisition


SoftBank Buys DigitalBridge in $4 Billion AI Push

SoftBank Group acquires digital infrastructure investor DigitalBridge in a $4-billion deal, expanding its AI portfolio. The move aims to capitalize on surging demand for AI computing capacity.

Nvidia strikes $20B deal with AI startup Groq

Nvidia has entered a massive $20 billion agreement to license AI inference technology from startup Groq. The deal, one of Nvidia's largest, aims to expand its lead in the artificial intelligence chip market.

$1.8B Powerball won in Arkansas on Christmas Eve

A single ticket sold in Arkansas has won the massive $1.817 billion Powerball jackpot, ending a three-month jackpot drought. The winner can choose a lump-sum payment of $834.9 million.

Powerball Jackpot: $1.817 Billion Won in Arkansas

A single Powerball ticket sold in Arkansas has won the colossal $1.817 billion jackpot, marking one of the largest lottery prizes in history. Discover the details of this life-changing win.

Xali Gold Closes Pico Machay Gold Project Acquisition

Xali Gold Corp. has completed its acquisition of the advanced Pico Machay Gold Project in Peru, outlining a $17M payment plan and a strategy for near-term production. Learn about the deal's structure and the company's plans.

CPP Investments buys stake in lubricants firm Castrol

Canada's CPP Investments has acquired a minority stake in global lubricants company Castrol. This strategic move diversifies the pension fund's holdings in the industrial sector. Read more on the details.

Saks Considers Bankruptcy as $100M Payment Looms

Luxury retailer Saks Global Enterprises, burdened by debt from its Neiman Marcus deal, is exploring Chapter 11 bankruptcy ahead of a critical $100+ million payment due December 30. Read the full analysis.

Powerball jackpot soars to US$1.7 billion

The Powerball lottery jackpot has climbed to a staggering US$1.7 billion after no ticket matched all numbers in the latest draw. Discover the details and what happens next.

Revival Gold Consolidates Mercur Gold Project in Utah

Revival Gold Inc. exercises its option to acquire Barrick's full interest in the Mercur Gold Project, a major step towards restarting production at the historic Utah site. Learn about the deal and project economics.

Elon Musk becomes first person worth $700 billion

Elon Musk's wealth soars to an unprecedented $700 billion following a court ruling upholding his Tesla pay package. This milestone solidifies his position as the world's richest person.

IPS to Acquire TechPro Power Group in Strategic Deal

Integrated Power Services (IPS) has agreed to acquire TechPro Power Group, creating a powerhouse with over 2,200 technicians to serve data centers, utilities, and industrial sectors across North America.

WildBrain sells Peanuts stake to Sony for $630M

Canadian media company WildBrain has sold its major stake in the iconic Peanuts franchise to Sony for $630 million. Discover the details and implications of this major entertainment deal.

Nasdaq Predicts Big Year for Major IPOs in 2026

Nasdaq anticipates a significant increase in large-scale IPOs valued over $1 billion in the coming year, pointing to renewed investor confidence and market strength. Read the full analysis.

Diageo sells Kenya unit to Asahi in strategic deal

Global spirits giant Diageo has agreed to sell its Kenyan drinks subsidiary to Japan's Asahi Group. This strategic move reshapes Diageo's African portfolio. Read the full details of the deal announced in December 2025.

Hut 8 shares jump on $7B AI data center deal

Former bitcoin miner Hut 8 sees its stock surge after securing a massive US$7 billion lease agreement for artificial intelligence data centre operations. Discover the details of this pivotal shift.

Warner Bros. Backs Netflix Bid Over Paramount Takeover

Warner Bros. advises shareholders to choose Netflix's $72 billion acquisition over a hostile bid from Paramount Skydance. The deal could reshape Hollywood's streaming and media landscape. Learn the details and potential impacts.

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