MergerLinks Daily Review
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UK clears Microsoft's partnership with Inflection AI.
Lyft to sell part of bike business, cut jobs in restructuring.
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Investment companies Blackstone and CPP Investments | Investissements RPC agreed to acquire AirTrunk , a hyperscale data centre platform, from 麦格理集团 , a global investment banking and financial services group, and PSP Investments , a capital market company, for AUD24bn ($16bn).
?“AirTrunk is another vital step as Blackstone seeks to be the leading digital infrastructure investor in the world,” Jon Gray, Blackstone President and Chief Operating Officer.
Blackstone is advised by 花旗 and MorrisBrown Communications Pty Ltd (led by Hayley Morris ).?
CapVest -backed Datasite , a SaaS-based technology provider for global mergers and acquisitions professionals, completed the acquisition of SEALK , an advanced artificial intelligence search engine that provides dealmakers with a powerful new way to conduct company and mergers and acquisitions transactions research. Financial terms were not disclosed.??
“Sealk accelerates and enhances Datasite’s M&A search capabilities, providing visibility into more than 50m companies by combining private and public data sources. With Sealk, our customers will be able to source deals more quickly and intelligently,” Rusty Wiley, Datasite President & Chief Executive Officer.
Datasite was advised by D'Ornano + Co. , KPMG , and 5WPR (led by Nicholas Koulermos ). Sealk was advised by Gide Loyrette Nouel .?
SEGRO plc , a British property investment and development company based in London, agreed to acquire Tritax EuroBox plc , a property company investing in distribution centres across Europe, for ￡1.1bn ($1.4bn).
"This transaction offers the opportunity to acquire a high quality portfolio of big box warehouses in core European markets which would complement and enhance our existing assets. The management of the portfolio will be internalised on completion, taking advantage of economies of scale from our existing, locally-based operating platform," David Sleath, SEGRO CEO.
Tritax EuroBox is advised by Barclays (led by Bronson Albery ), Jefferies (led by Rishi Bhuchar ), Lazard (led by Patrick Long), Ashurst and Kekst CNC (led by Richard Campbell ). SEGRO is advised by 瑞银集团 (led by Fergus Horrobin ), Slaughter and May and FTI Consulting (led by Richard Sunderland ).
UK clears Microsoft's partnership with Inflection AI.
Britain's competition regulator?cleared 微软 's hiring of some former staff of Inflection AI and its partnership with the startup and said the deal does not require?a deeper investigation, Reuters reported.
The Competition and Markets Authority began a probe in July to examine if the deal might lead to competition concerns in the country since both companies develop and supply consumer chatbots.
Lyft to sell part of bike business, cut jobs in restructuring.
Lyft plans to sell some of its bike and scooter business and eliminate 1% of its employees as the ride-hailing company struggles to turn profitable, Bloomberg reported.
The plan is part of “efforts to align strategic priorities and to reduce operating costs” without naming a buyer. Lyft had nearly 3k employees at the end of last year.
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