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South Korean battery materials maker L&F said on Monday that the value of its battery material supply agreement with Tesla has been sharply reduced, falling to just $7,386 from an earlier estimate of $2.9 billion. The company did not disclose the specific reasons behind the dramatic revision. L&F announced in 2023 that it had signed […]
Verisk has terminated its planned $2.35 billion acquisition of roofing software provider AccuLynx, citing delays in regulatory approval by U.S. antitrust authorities. The decision was disclosed in a statement released on Monday. Verisk said the move followed notification from the Federal Trade Commission that it had not completed its review of the transaction by the […]
SoftBank Group has agreed to acquire digital infrastructure investor DigitalBridge Group in a deal valued at $4 billion, the companies announced on Monday. The acquisition marks another step in SoftBank’s effort to reshape its portfolio around artificial intelligence and the computing infrastructure that supports it. Under the terms of the agreement, SoftBank will pay $16 […]