Sweden-based lithium-ion battery manufacturer Northvolt has signed a $2.75bn private placement to finance to expand its battery cell production capacity and research and development efforts. The annual production capacity of Northvolt’s first gigafactory, Northvolt...
BlackRock Real Assets has achieved a $1.67 billion final fundraise for the Global Infrastructure Debt Fund (GID), inclusive of $150 million in co-investments. The fund has seen commitments from over 20 institutional investors, including leading global insurance...
U.S. chip goliath Qualcomm has said it is open to the idea of investing in U.K. chip designer Arm if the company’s $40 billion sale to Nvidia is blocked by regulators, according to a report from The Telegraph newspaper on Sunday. Qualcomm’s incoming CEO, Cristiano...
Japanese conglomerate Toshiba has recently been subject to a buyout offer from CVC in a deal that could be worth about $20bn. Brookfield and KKR have also expressed an interest. Now the takeover is impeded by shareholder conflicts. Two Toshiba directors have resigned...
Magnachip Semiconductor said on Friday that it has received a takeover bid from Cornucopia Investment Partners, topping a rival offer, which values the South Korea-based display and power chip maker at $1.66 billion. Shares of the chipmaker jumped about 22% to $28.20... 