Schneider Electric Bets $22.6 Billion on Industrial Software
Schneider Electric has agreed to buy PTC for about $22.6 billion in cash, its biggest deal ever, adding design and engineering software to its energy and automation empire.
Strategy
Geely Plans Its Canadian Debut, But Bring Patience Until 2027
Chinese automaker Geely Auto is entering Canada under its own brand for the first time, building a retail network now and planning to deliver its first vehicles in 2027.
CCC Takes a $6.1 Billion Exit Ramp Off the Nasdaq
Insurance software provider CCC Intelligent Solutions has agreed to be taken private by a GTCR-led consortium in an all-cash deal valued at about $6.1 billion.
LSEG Eyes a $3.5 Billion Bet on Private Credit Data
London Stock Exchange Group confirmed talks to buy credit intelligence firm Octus from Permira for about $3.5 billion, and investors were not entirely thrilled.
Bumble Swipes Right on Going Private in a $1.3 Billion Deal
Dating app Bumble has agreed to be acquired by Ithaca Holdings for $1.3 billion, trading the quarterly spotlight for room to rethink how people meet.
Galderma Pays $1.5 Billion to Own the Doctor's Office Skincare Shelf
Galderma is buying ZO Skin Health in an all-cash deal worth US$1.5 billion, betting that physician-dispensed skincare is the next growth engine for its US business.