Housebuilder and logistics firm St. Modwen Properties said on Thursday it has agreed to a sweetened $1.75bn offer from U.S. private equity firm Blackstone to take it private. Demand for warehousing has soared as the pandemic accelerated a shift to online shopping and...
KKR has agreed to acquire a majority stake in New Zealand-based online education company Education Perfect from Mulpha International in a deal valuing the company at $319m, a spokeswoman said on Wednesday. Mulpha, which originally invested $11.21m in the online...
Five-year old self-driving truck startup Embark Trucks Inc. said Wednesday it would merge with special purpose acquisition company Northern Genesis Acquisition Corp. II in a deal valued at $5.2bn. Embark takes a different approach to autonomous trucking: As opposed to...
Vienna-based Ed-Tech GoStudent, which provides one-to-one video-based online tutoring, has hit unicorn status less than 2.5 years after finding its current business model, following a successful funding round of €205 million. This comes just months after the...
Masmovil’s $2.38bn takeover of Spanish telecoms rival Euskaltel has won state approval, government sources said on Wednesday. The friendly merger, which received the greenlight from Spain’s competition watchdog last week but still needs final regulatory approval,... 