Mergers & Acquisitions

Snowflake agrees to acquire observability platform Observe

Snowflake signed a definitive agreement to acquire Observe and plans to integrate its observability product into Snowflake to unify telemetry data collection and help customers detect software and data issues.

Annapurna Swadisht buys majority stake in Andri Agro Foods

Annapurna Swadisht Ltd agreed to acquire 75% of West Bengal-based Andri Agro Foods Pvt Ltd for an enterprise value of Rs 15 crore to expand into soya-based foods and pursue new export opportunities.

OpenAI acqui-hires Convogo team and winds down the executive coaching platform

OpenAI is acquiring the team behind executive coaching AI tool Convogo in an all-stock acqui-hire and will wind down Convogo’s product.

Nvidia licenses AI chip tech from Groq and hires its CEO amid $20B asset deal

Nvidia licensed AI chip tech from Groq, hired its CEO, and reportedly purchased assets worth $20 billion to enhance its AI chip capabilities.

China approves Haier's 49% stake sale in Indian unit to Bharti-Warburg

China cleared Haier to sell 49% of its Indian arm to Bharti-Warburg, aiding expansion and bypassing Indian investment approvals.

Tata Steel acquires majority stake in Thriveni Pellets to enhance supply chain

Tata Steel will acquire majority control of Odisha-based Thriveni Pellets to fortify its raw material supply chain for steel production, forming a joint venture with Lloyds Metals & Energy.

Detroit auto stocks jump on report of tariff relief for U.S. vehicles

Shares of Detroit automakers surged after reports of potential tariff relief from President Trump, boosting stocks for GM, Ford, and Stellantis.

States sue Zillow, Redfin for alleged antitrust violation in online rental housing

Five state attorneys general have filed a lawsuit against Zillow and Redfin, alleging anti-competitive practices in the online housing rental market.

Spirit Airlines on track for a $475 million bankruptcy lifeline

Spirit Airlines has secured up to $475 million in debtor-in-possession financing as it navigates its second Chapter 11 bankruptcy in less than a year.

Trump, Pfizer agree to lower U.S. drug prices, exempt company from pharma tariffs

President Trump has secured an agreement with Pfizer to lower drug prices for Medicaid patients, linking U.S. prices to those abroad.

Why movie production has moved out of the U.S. — and what a tariff could mean for Hollywood

Hollywood faces production challenges as budgets rise and projects move overseas, prompting tariff proposals from Trump to bring jobs back to the U.S.

The global wealthy are lining up for Trump's $1 million Gold Card after price cut

President Trump has reduced the price of his Gold Card immigration plan from $5 million to $1 million, attracting interest from wealthy individuals worldwide.

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