Aegon to sell UK business to Standard Life as it deepens US expansion
Aegon has agreed to sell its UK operations to Standard Life in a £2bn ($2.7bn) deal, as the Dutch financial…
All articles by Shubhendu Vimal
Shubhendu Vimal
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Indiana launches $60m Israeli tech start-up initiative
The US state of Indiana has announced a $60m partnership programme aimed at drawing Israeli technology start-ups to the state…
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OpenAI secures permanent London office following Stargate UK pause
OpenAI has confirmed plans to establish its first permanent office in London, signalling an expanded UK presence to meet rising…
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OpenAI pauses Stargate UK over regulation and energy costs – report
OpenAI has halted progress on its planned Stargate UK artificial intelligence (AI) infrastructure project, citing regulatory uncertainty and high energy…
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Dangote seeks $40bn to finance Africa expansion
Nigerian industrial conglomerate Dangote Group is seeking at least $40bn in fresh capital to fund an expansion programme intended to…
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Telefónica to sell Mexico unit for $450m
Spanish telecommunications group Telefónica has agreed to sell its Mexican operations for $450m to Melisa Acquisition. The buyer is a…
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Blackstone and Tinicum to acquire Senior in £1.39bn deal
A consortium comprising US-based alternative asset manager Blackstone and private investment entity Tinicum has agreed to acquire Senior in a…
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Brazil lists BYD unit over labour violations in Bahia
Brazil’s labour ministry has placed BYD Auto do Brasil on its “dirty list” following allegations tied to a factory construction…
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ExxonMobil halts €100m plastic recycling projects in Europe
ExxonMobil has put on hold a planned €100m ($118.4m) investment into plastic recycling facilities in Europe due to proposed EU…
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Advent in talks to acquire Brazilian supermarket chain Sonda
US-based private equity company Advent is in advanced discussions to purchase Brazilian supermarket chain Sonda, Valor international reported, citing sources. The deal,…