M&A

 Mergers & Acquisitions News (M&A)

• KRAKacquisition, a Kraken-linked SPAC, targets crypto firms valued up to $10B Decrypt

• Fintech platform Ramp acquires payments infrastructure firm Billhop Bloomberg

• Glencore hopes rising coal prices will bring Rio Tinto back to the table for talks to merge and form a $240B mining giant Reuters

• Film producer Steve Tisch and his two siblings are transferring their $10.3B stake in MLB team New York Giants to trusts for their children ESPN

• Fertitta Entertainment is in talks to buy casino operator Caesars Entertainment at a $31.5B valuation, including $25B debt Wall Street Journal

• Bain Capital agreed to acquire Australian investment manager Perpetual's wealth management arm for $350M Reuters

• Indian edtech startup upGrad will acquire rival Unacademy in an all-stock deal Upstox

• India scrapped two bids it received for a majority stake in $10B-listed IDBI Bank citing valuation concerns Reuters

• French insurer Carac acquired a 30% stake in impact investment firm RAISE AlternativeCreditInvestor