French technology giant Schneider Electric said Monday it will buy industrial software provider PTC Inc. for $22.6 billion in cash to expand its artificial intelligence-powered products.
French technology giant Schneider Electric said Monday it will buy industrial software provider PTC Inc. for $22.6 billion in cash to expand its artificial intelligence-powered products.
BT Group said Monday that it has bought broadband operator TalkTalk and its wholesale business PlatformX Communications out of administration in a £400 million ($529 million) deal that has triggered government intervention.
Ithaca Energy said Monday it will buy oil assets off the east coast of Canada from Suncor Energy in a transaction worth up to $1.11 billion that the company added will boost its operations.
Permanent TSB Group rejected a potential takeover offer from investment firm Axis Capital Ltd. on Monday, saying it was focused instead on completing an agreed takeover by another rival.
Asset manager Team PLC said Monday that it has agreed to buy wealth manager Hedley & Co. Stockbrokers Ltd. for at least £3 million ($4 million) as it seeks to expand in the U.K. and boost profitability.
British investment company Kelso said Monday it has upped its stake in over-50s company Saga after the travel and insurance company announced it had doubled its profit and reduced its debt.
Insurance business Clear Group said Monday it has bought specialist London-based broker Commercial Risks UK Ltd. and its managing general agent, Troon Underwriting, marking the sixth acquisition for the company this year.
Investor Triton Partners disclosed a deal Monday to offload infrastructure services provider OCU Group to funds managed by private equity company TDR Capital.
A renewable energy investment fund has been sued by solar energy company Enviromena for £2.8 million ($3.7 million), after a project it acquired from the fund had higher grid connection costs than expected.
The sellers of a software developer have denied concealing its business with sanctioned Russian entities including Sberbank and Gazprombank ahead of the developer's $53 million sale, arguing that the relationships were "expressly" disclosed to the buyer during due diligence.
