Intel seeks to buy Israeli cloud services startup Granulate for $650 million
Intel is seeking to buy Israeli startup Granulate for about $650 million. But the deal has yet to be finalized. Headquartered in Tel Aviv, Israel, Granulate was founded in 2018 by its CEO Asaf Ezra, and CTO Tal Saiag. The company helps businesses reduce cloud computing expenses by optimizing the use of computing resources without rewriting code.
Brookfield, Morrison seek Macquarie bid for Australia’s Uniti
Morrison & Co, a division of Canada’s Brookfield and fund managers, signed an exclusivity covenant with Uniti Group on Thursday after a Macquarie-led consortium offered the Australian telecommunications company A$5 a share.
Sabadell Bank not considering sale of UK TSB lender
Spain’s Sabadell said it is not considering a sale of Britain’s TSB lender, and the bank is not currently considering any merger or acquisition deal.
KKR reportedly asks Telecom Italia to offer due diligence opportunity, reiterates takeover interest
U.S. investment firm KKR & Co (KKR.US) has once again asked Telecom Italia SpA (TIAJF.US) for an opportunity to conduct due diligence on the company and reiterated its interest in the company, according to people familiar with the matter. The request, contained in a letter, is expected to reach Telecom Italia as early as Wednesday. It is reported that KKR & Co had offered 10.8 billion euros to buy the company in November last year.