Oura to Buy AI Care Firm Counsel Health for $625M
The smart ring maker will acquire an AI-based primary care company weeks after shelving its IPO, and it reported sharp revenue growth alongside the deal.
Mergers & Acquisitions
Morgan Stanley Agrees to Buy Share-Transfer Fintech Vinyl
Morgan Stanley will acquire Vinyl Equity, which digitizes how companies move shares between themselves and shareholders. Deal terms were not disclosed.
ORIX Aviation to Buy Newport's AerFin in £475m Deal
Japan's ORIX Aviation has agreed to acquire the Welsh engine and parts specialist AerFin for about £475m, ending Danish investor CataCap's majority ownership.
Kraft Heinz Sells North American Coffee Unit for $650M
Kraft Heinz agreed to sell its North American coffee business, home to Maxwell House and Gevalia, to One Rock Capital Partners as its CEO pushes a turnaround.
Omen AI Buys Aquatic Labs in $16M Deal for Data Center Sensors
Omen AI will pay $16 million in cash and stock for rival Aquatic Labs. The two plan one sensor that tracks cooling fluid in data centers in real time.
Peltz's Trian Bids $1.4 Billion to Take Wendy's Private
Trian Fund Management has offered $1.4 billion to take Wendy's private. The chain's sales are falling, its debt is heavy, and one investor is already attacking the move.