Travel tech firm Mondee to go public in $1bn SPAC deal

Travel tech firm Mondee to go public in $1bn SPAC deal

U.S. travel software maker Mondee Inc said on Monday it will go public in a merger with blank-check company ITHAX Acquisition Corp, in a deal valuing the combined entity at about $1bn. The deal includes $241.5m in cash held in trust by the acquisition vehicle and $50m...
A $550m Springsteen Deal? It’s Glory Days for Catalog Sales

A $550m Springsteen Deal? It’s Glory Days for Catalog Sales

Last week Sony, which now owns Columbia, announced that it acquired Springsteen’s entire body of work — his recordings and his songwriting catalog — for what two people briefed on the deal said was about $550m. The price, which may be the richest ever paid for the...
Blackstone Nears Deal Valuing Manhattan Office Tower at $2.85bn

Blackstone Nears Deal Valuing Manhattan Office Tower at $2.85bn

Blackstone is in advanced talks to acquire a 49% stake in a new Manhattan office tower in a deal that values the skyscraper at $2.85bn, providing a shot of confidence for New York during tough times. A venture led by Brookfield Asset Management could reach an...
Brookfield takes stake in smart meter firm Intellihub for €630m

Brookfield takes stake in smart meter firm Intellihub for €630m

Brookfield has acquired a 50% stake in Intellihub Group, a smart utility infrastructure-as-a-service company, for around €630m. The transaction gives the business a total enterprise value of around A$3.4bn, based on equity value of A$2bn and about A$1.4bn in debt, a...