The deal, which includes $530 million in cash and $410 million in ONEOK common stock, makes ONEOK the sole owner of the joint venture. The Delaware Basin JV boasts a processing capacity of more than 700 million cubic feet per…
According to a statement released on Tuesday, the offer price of €6.05 per share represents a 27.1% premium to Dalata’s shares before the sale process was announced in March. Eiendomsspar already owns about 8.8% of Dalata’s shares. Ireland’s largest hotel…
It would seem that who else but Apple should lead the AI revolution? The American company has been surprising the market with its breakthrough technologies since 1976. But in the case of AI, this has not happened. Forbes Ukraine has…
Khosla Ventures led a $350 million funding round. The startup’s data platform, ClickHouse, aims to provide fast and low-cost query responses and will help companies launch and build AI tools, in addition to other day-to-day tasks. The company is approaching…
Under the agreement signed by both parties, and subject to a final agreement, Prime Infra will acquire a controlling interest in four existing gas-fired power plants and a planned fifth facility with a total capacity of 3,247 megawatts, as well…
Rhode Hailey Bieber’s net sales for the 12 months ended March 31 were $212 million. The company’s products are available only online, but it plans to launch a partnership with Sephora in stores in North America and the UK by…
Neuralink was last valued at $3.5 billion in late 2023, according to Pitchbook, but since then it has implanted three chips into the brains of patients who are paralyzed or unable to speak. The last non-speaking man from Arizona with…
British American Tobacco, a FTSE 100 cigarette maker that owns the Kent, Dunhill and Lucky Strike brands, said on Wednesday it had completed the sale of 313 million shares in Indian consumer goods company ITC under an accelerated bookbuilding process.…
The $500 million funding nearly doubles Cyera’s $3.4 billion valuation from late last year. The round is led by Lightspeed, Greenoaks and Georgian, with participation from existing investors Accel, Sequoia Capital and Sapphire Ventures. Cyera was founded in 2021 by…
“Chip is the peak we need to climb and the uphill battle we cannot avoid if we want to become a big hard technology company,” said Xiaomi billionaire co-founder Lei Jun. The Chinese company plans to unveil its first home-grown…
Supplier Taiwan Semiconductor Manufacturing Co. is more than doubling its investment to $4 billion from previous commitments, according to a statement Friday. The company held a groundbreaking ceremony for its first plant in Sherman on Thursday. GlobalWafers is among a…
Shares of the Bermuda-based specialty insurer opened at $33.25 apiece, above the offer price of $30. The imposition of tariffs by US President Donald Trump has shaken markets and cast a shadow over new listings, but companies considered less sensitive…