Business
Kratos wins $100 million sole-source space surveillance contract
Kratos received an approximate $100 million sole-source prime award for a ground-based space domain awareness system, adding to its defense backlog.
Capital Markets
FTC Filing Shows Musk Acquired APR Energy in Unannounced Deal
A May 14 FTC notice names Elon Musk as buyer of APR Energy's operating business in an unannounced deal reports value at more than $1 billion.
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Uber to Buy Delivery Hero in $14.8 Billion Cash Deal
Uber agreed to buy Delivery Hero for €41.50 a share in a $14.8 billion cash deal, with closing expected in 2027 pending regulatory approvals.
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Stripe and Advent bid $53 billion in cash for PayPal
Stripe and Advent have offered $60.50 a share for PayPal, valuing the payments company at more than $53 billion with $50 billion in financing.
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Global M&A Hits Record $2.8 Trillion in First Half on Megadeal Surge
Global announced M&A reached a record $2.8 trillion in H1 2026, up 48%, as 47 megadeals above $10 billion drove nearly half of total deal value.
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Sinda Raises $213 Million in NYSE IPO, Shares Open 10% Lower
Sinda raised about $213 million in its NYSE IPO, but shares opened 10% below the $12 offer price as investors weighed valuation and development risk.
