MERIDIAN

Meridian Analysis

Short notes on each deal: what kind of transaction it is, who is doing what, and what the source does not disclose. Model-written from the source article and checked against it -- no invented numbers.

LevFinIndustrials12 Nov 2026

Omni Helicopters International Secures R$200 Million in New Financing

Omni Helicopters International (OHI) has closed two financing facilities in the fourth quarter of 2026, raising R$200 million (about $38 million) through a Brazilian debenture and a bank credit note. Both instruments are denominated in reai…

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LevFinHealthcare12 Nov 2026

Atrys Health Agrees Eight Million Euro Loan with Inveready CEO

Atrys Health, a European provider of diagnostic and digital health services, has signed an eight‑million‑euro loan agreement with the chief executive of Inveready, who also sits on Atrys’ board. The financing is intended to address the upco…

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M&AFinancial Services12 Nov 2026

BC Partners to Acquire Investcorp BDC at Discount to Net Asset Value

BC Partners has signed an agreement to acquire Investcorp Credit Management BDC through its listed vehicle BCP Investment Corporation. The deal values the Investcorp fund at a 10 % discount to net asset value, while BCP Investment Corporati…

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ECMHealthcare12 Nov 2026

Spanish Biotech Votum Labs Raises 1.2 Million Euros in Pre-Series A Round

Votum Labs, a Spanish biotechnology firm, has closed a €1.2 million pre‑Series A equity round backed by the family office of the Region of Murcia. The company is now valued at over €10 million. The family office provides capital that the bi…

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LevFinEnergy & Renewables12 Nov 2026

Audax Completes Debt Refinancing Through EUR 350 Million Senior Bond

Audax has closed a senior bond issuance of €350 million that will mature in 2031, completing a refinancing of its existing financial debt. The deal is reported as signed. Audax’s own recent strategic move – the sale of its specialty wire an…

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LevFinFinancial Services11 Nov 2026

BBVA Places EUR 1 Billion Contingent Convertible Bond Issue

BBVA has signed a EUR 1 billion contingent convertible (CoCo or AT1) bond placement, designed to bolster its regulatory capital base and advance part of the financing programme slated for 2027. The perpetual instrument carries a fixed coupo…

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M&AFinancial Services12 Nov 2026

Santander Improves Share Exchange Ratio in Offer for Minority Stake in Banco Santander Brasil

Banco Santander has revised its exchange offer to acquire the minority shareholding it does not already own in its Brazilian subsidiary, Santander Brasil. The updated terms propose up to 0.4260 of Banco Santander’s own shares for each Santa…

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M&AIndustrials12 Nov 2026

GRC IM and Miguel Fernández Acquire Requena y Plaza

GRC Investment Managers and former JLL Tétris EMEA head Miguel Fernández have signed an agreement to acquire Requena y Plaza (R&P). The deal gives GRC IM an 80 % equity stake, while Fernández will serve as partner and CEO alongside existing…

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M&AIndustrials2 Nov 2026

Stonepeak Completes Acquisition of 65% Stake in Castrol from BP

Stonepeak has completed its acquisition of a 65 % stake in Castrol from BP, with BP retaining a 35 % interest through a new joint venture with Stonepeak. CPP Investments is participating as an indirect minority investor and will hold one bo…

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LBOTMT27 Oct 2026

Apollo, TPG and Blackstone Hold Preliminary Buyout Talks with Universal Music

Universal Music Group is the subject of preliminary buy‑out discussions with three private‑equity firms – Apollo Global Management, TPG and Blackstone – but the talks have not moved into a formal sale process. The Amsterdam‑listed company, …

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M&AEnergy & Renewables4 Nov 2026

Moeve Agrees to Sell Algerian Oil Assets to Pertamina

Spanish energy group Moeve has signed an agreement to sell minority stakes in the Rhourde el Khrouf, Bir el Msana and Ourhoud on‑shore oil fields in Algeria’s Berkine Basin to Indonesia’s state‑owned energy company Pertamina. The assets are…

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M&AEnergy & Renewables30 Oct 2026

Carlyle and EBRD Agree to Sell Black Sea Oil & Gas to Mazarine Energy

Carlyle Group and the European Bank for Reconstruction and Development have signed an agreement to sell Black Sea Oil & Gas (BSOG) to Mazarine Energy. The transaction transfers the equity held by Carlyle, which founded BSOG in 2015, and the…

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M&AConsumer5 Nov 2026

PAI Partners Agrees to Acquire Elemis from L'Occitane

PAI Partners has signed a definitive agreement to acquire the British premium skincare brand Elemis from L’Occitane Group, with the transaction slated to close in the first quarter of 2027 subject to customary closing conditions and regulat…

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M&AIndustrials11 Nov 2026

Rioja Energy Firm Aresol Acquires 5% Stake in Drone Maker Miriad Global

Aresol, the Riojan renewable‑energy group owned by brothers Joaquín and Raúl Sáenz, has signed a transaction to acquire a 5 % equity stake in drone and interceptor manufacturer Miriad Global. The shares were purchased from Fundación Fundite…

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ECMTMT10 Nov 2026

AI Training Startup Mercor Raises $750 Million in Funding Round Valued at $20 Billion

Mercor, an AI‑training startup, has closed a $750 million equity financing that values the company at $20 billion. From a transaction‑structuring perspective, the mechanics centre on the issuance of preferred equity that will dilute existin…

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M&AConsumer29 Oct 2026

CVC and Cinven evaluating bids for Advent-backed Parfums de Marly

CVC Capital Partners and Cinven are among the potential bidders for Parfums de Marly, the luxury fragrance label that Advent International bought in 2023. Reuters reports that Advent is weighing a sale that could value the business at just …

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M&AConsumer26 Oct 2026

KKR founders join US consortium acquiring stake in Valencia CF

The deal is a signed equity transaction in which a U.S. investment consortium, Pitchwise Holdings, will acquire a 42 % stake in Spanish football club Valencia CF at an enterprise value of €1.25 billion. The consortium brings together the fa…

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M&AFinancial Services28 Oct 2026

Ares Capital to acquire MidCap Financial from Apollo in cash-and-stock deal

Ares Capital has signed a $2.6 billion cash‑and‑stock agreement to acquire Apollo Global Management’s MidCap Financial Investment Corporation, a publicly traded business development company. The transaction values MidCap at $10.88 per fully…

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M&AConsumer30 Oct 2026

Thrive Holdings agrees to acquire ADT in all-cash transaction

Thrive Holdings, the permanent‑capital vehicle set up by Joshua Kushner’s Thrive Capital Management, has signed an agreement to acquire home‑security provider ADT for $7.6 billion in cash. The offer of $10 per share represents a premium of …

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LBOFinancial Services2 Nov 2026

CD&R and GTCR Explore Take-Private of Global Payments

Clayton Dubilier & Rice and GTCR are reportedly discussing a take‑private of Global Payments, a U.S. payments‑processing firm with an enterprise value of about $40 billion. The company’s market capitalisation stood at roughly $23 billion on…

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LevFinTMT3 Nov 2026

Cloud Software Group Seeks Debt Refinancing

Cloud Software Group, the enterprise‑software platform that houses Citrix and Tibco, has launched an offering of $2 billion of senior secured notes to refinance debt that matures in 2029. The issuance is being led by Citigroup with Goldman …

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LevFinConsumer5 Nov 2026

JPMorgan and BofA Prepare Leveraged Financing for CVC's IFF Acquisition

JPMorgan Chase and Bank of America are preparing to market roughly $2.4 billion of leveraged loans that will fund CVC Capital Partners’ acquisition of International Flavors & Fragrances’ food ingredients business. The transaction, valued at…

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Project FinanceTMT2 Nov 2026

Brookfield Selects KB Kookmin Bank to Arrange Syndicated Loan for Naver AI Infrastructure

Brookfield has signed a mandate with KBKookmin Bank to lead a KRW 10.7 trn (≈ $8 bn) syndicated loan that will fund the acquisition of graphics‑processing units and related AI‑computing hardware for Naver. The financing will be channeled th…

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ECMTMT10 Nov 2026

Durcal closes €3 million funding round

Durcal, the Spanish telecare technology specialist, has closed a €3 million funding round, according to the Alertas Rondas Espana notice. The transaction is signed and completed, but the announcement does not identify the investors, the typ…

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ECMTMT9 Nov 2026

Ardian raises €1 billion for semiconductor investment platform

Ardian has closed a €1 billion fundraising round for its first dedicated semiconductor investment platform, a transaction now signed and ready to deploy capital. The vehicle, built in partnership with specialist investor Silian Partners, ag…

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M&AIndustrials11 Nov 2026

Abac Acquires Ansotec and Bigmon Energía to Form Industrial Automation Platform

Abac Capital has signed definitive agreements to acquire controlling stakes in Ansotec Soluciones Tecnológicas and Bigmon Energía, marking the first investment of its new Abac Horizon fund focused on the lower‑mid‑market segment. Both targe…

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M&AHospitality11 Nov 2026

Bankinter Investment-Backed Fund Offers to Acquire Socimi Atom

Bankinter Investment’s alternative‑investment arm has lodged a public offer to acquire the hotel SOCIMI Atom, valuing the listed vehicle at €509.8 million, or €15.7883 per share. The bid targets a company that currently holds 20 hotel asset…

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M&AFinancial Services11 Nov 2026

A Worldwide acquires Fides Auditores to expand in Spain

A Worldwide has signed an agreement to acquire Fides Auditores, a Valencian audit and forensic‑consulting firm. The deal adds roughly 50 professionals and close to €2 million of annual revenue to A Worldwide’s Spanish arm, which already rep…

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M&AIndustrials11 Nov 2026

Mutares sells Guascor Energía to Oaktree

Mutares has signed an agreement to sell 100 % of Guascor Energía to Oaktree, the U.S. asset manager owned by Brookfield, for €74 million. The deal, announced to the market, will close in the fourth quarter of 2026 once the required regulato…

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M&AConsumer11 Nov 2026

Capula Acquires Just Over 1% Stake in Cirsa

Capula Investment Management has signed a transaction to acquire just over 1 % of Cirsa’s share capital, a stake valued at roughly €30 million, and simultaneously disclosed a short position of about 0.5 % in Lottomatica worth €35 million. T…

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M&AMaterials11 Nov 2026

Atalaya Mining acquires Tharsis to create Spanish copper giant

Atalaya Mining has signed a €125 million acquisition of Tharsis Mining from the López Magdaleno family, owners of the technology group Magtel. The purchase price is structured with an initial €75 million cash payment and a further €50 milli…

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M&AIndustrials11 Nov 2026

Agrosevilla makes acquisition offer for Euroliva

Agrosevilla, a second‑tier cooperative based in Seville and one of the world’s leading table‑olive producers, lodged a €2 million cash offer on 1 October in the Seville Commercial Court to acquire the production unit of olive‑exporter Eurol…

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LBOConsumer11 Nov 2026

H.I.G. Capital Signs Definitive Agreement to Acquire Majority Stake in go asia

H.I.G. Capital’s German affiliate has signed a definitive agreement to acquire a majority equity stake in go asia, Germany’s largest retail chain for Asian food. The transaction is subject to customary regulatory approvals and financial ter…

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LevFinFinancial Services11 Nov 2026

Castleton Commodities International Completes Renewal and Expansion of Credit Facilities

Castleton Commodities International LLC has closed the renewal and expansion of two credit facilities totalling $2.4 billion, up from $2.1 billion in 2025. The deal comprises a $2.0 billion secured borrowing‑base facility split into a $900 …

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LevFinConsumer11 Nov 2026

Pizza Hut Prepares $1 Billion Securitisation to Refinance LongRange Buyout

Pizza Hut has signed a deal to raise roughly $1 billion through a whole‑business securitisation, issuing asset‑backed bonds that will be secured by its franchise agreements, royalty streams, advertising fees, vendor rebates and intellectual…

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M&AEnergy & Renewables11 Nov 2026

KKR and Diamondback Energy Acquire Stake in Deep Blue Midland Basin for $2.1 Billion

KKR and Diamondback Energy have signed an agreement to acquire Five Point Infrastructure's 70% stake in Deep Blue Midland Basin, according to Reuters. Diamondback, which currently holds a 30% interest in the water infrastructure business, w…

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LevFinFinancial Services11 Nov 2026

Vanguard Raises $4 Billion in Private Debt to Finance Altruist Acquisition

Vanguard Group has signed a financing package of roughly $4 billion that will be used to close its acquisition of digital wealth‑management platform Altruist. The debt was placed directly with institutional investors in a private‑placement …

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M&AIndustrials11 Nov 2026

CMA Investigates Anticipated Merger Between AkzoNobel and Axalta

The CMA is investigating the anticipated merger between Akzo Nobel N.V. and Axalta Coating Systems Ltd., a deal that remains at the rumour stage and is under regulatory review in the United Kingdom. No lenders or financing structures have b…

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ECMTMT11 Nov 2026

Alibaba to Spin Off Chip Unit for Hong Kong IPO

Alibaba is reportedly preparing a spin‑off of its chip subsidiary with the intention of listing the entity on the Hong Kong Stock Exchange. The plan, flagged by a local news portal, remains at the rumour stage; no formal mandate, regulatory…

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Debt AdvisoryTMT11 Nov 2026

Cellnex Telecom Issues €750 Million in Bonds

Cellnex Telecom’s finance arm has signed a €750 million euro‑denominated bond issuance under its Euro Medium‑Term Note programme. The notes mature on 20 January 2034 and carry a 4.375 % annual coupon, priced at 98.485 % of nominal and guara…

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RestructuringTMT11 Nov 2026

Adamo Initiates Refinancing of €1 Billion Debt Following Annual Results

Adamo has moved from a loss‑making results announcement to a signed refinancing agreement for its €1 billion debt package. The deal keeps the existing syndicated facility – nominally €1 billion, of which €795 million remains available at th…

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M&AInfrastructure10 Nov 2026

Boluda Expands in Netherlands with Acquisition of Matrans Port Terminal

Boluda Shipping has signed an agreement to acquire the Matrans maritime terminal in Eemhaven, the Netherlands. Matrans has 360,000 square metres of surface, including 70,000 sq m of covered warehouses, a 1,100‑metre quay with 12.6 m draft, …

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ECMTMT10 Nov 2026

Openchip Receives Additional €15 Million from Generalitat Following Round Delay

The Catalan government has signed an additional €15 million participative loan for Openchip & Software Technologies, bringing its total contribution to €50 million. The loan, approved by the Departament d’Economia i Finances, is intended to…

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LevFinEnergy & Renewables10 Nov 2026

DRW Energy Trading Closes Upsized $1 Billion Revolving Credit Facility

DRW Energy Trading LLC, the energy‑marketing and trading arm of the global firm DRW, has closed an upsized $1 billion revolving credit facility. The syndicated facility consists of a two‑year, $600 million committed tranche, a one‑year, $40…

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ECMMaterials10 Nov 2026

Aliko Dangote Pulls London Listing of Dangote Cement

Aliko Dangote has withdrawn the planned London flotation of his $18.4 billion‑valued group Dangote Cement, a development that remains at the rumour stage. No information on pricing, underwriting syndicate, or regulatory clearance has been d…

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M&AIndustrials10 Nov 2026

KPS Capital Partners to Acquire MM Packaging from MM Group

KPS Capital Partners has signed a definitive agreement to acquire MM Packaging from Mayr‑Melnhof Karton AG for an enterprise value of €2.4 billion. MM Group retains a 30 % holding, and the business will continue to operate under the MM Pack…

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ECMHospitality10 Nov 2026

BestPrice Seeks €10.3 Million Prior to BME Growth Listing

BestPrice, the Catalan‑owned budget‑hotel chain listed on Euronext Access Paris, has signed a capital‑increase agreement to raise up to €10.3 million. The company will issue a maximum of 4.8 million new shares at €2.1422 each, comprising a …

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M&AIndustrials10 Nov 2026

ACS Acquires Grupo Voltan to Expand Industrial and Energy Capabilities

ACS, through its construction arm Dragados, has signed a definitive agreement to acquire 100 % of Grupo Voltan from its majority shareholder Henko Capital Partners. The deal, announced on Tuesday, transfers ownership of a specialist enginee…

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Debt AdvisoryFinancial Services10 Nov 2026

BBVA sells €1bn of AT1 CoCos at 6.5% to pre-fund 2027

BBVA has placed €1 billion of CoCos, the Additional Tier 1 instruments banks use to meet their regulatory capital requirements, at a 6.5% coupon, with demand above €8 billion according to Cinco Días. AT1 is the most junior layer of bank deb…

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ECMTMT10 Nov 2026

Angels Leads Funding Round for Commercial AI Start-up Ploot

Angels Capital, the investment vehicle of Juan Roig, has signed a €400 000 equity round for Ploot, a start‑up that uses artificial intelligence to detect buying‑intent signals across companies. The round is led by Angels and includes partic…

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LevFinHealthcare10 Nov 2026

Private Credit Lenders in Talks to Provide $1.3bn for L Catterton's Fullscript Buyout

L Catterton and co‑investor Altas Partners have signed a deal to acquire a majority stake in Fullscript, the healthcare‑technology platform previously owned by HGGC and Snapdragon Capital Partners. The acquisition, announced in September, i…

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LevFinTMT10 Nov 2026

JPMorgan Weeds Steep Discount on $5bn Qualtrics Debt Sale

A consortium of banks led by JPMorgan Chase is rumoured to be preparing a discounted sale of roughly $2 billion of the $5 billion high‑yield bond package that finances the Silver Lake‑owned software firm Qualtrics. The debt was originally r…

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LevFinInfrastructure10 Nov 2026

CVC Negotiates EUR 340 Million Dividend from Exolum with Banks

CVC is in the rumour stage of a dividend‑recapitalisation of Exolum, the Spanish fuel‑logistics and storage operator. The private‑equity firm is negotiating with a bank syndicate led by Natixis and Société Générale for roughly €800 million …

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Project FinanceConsumer10 Nov 2026

UAX Secures EUR 55 Million Credit Facility for Malaga Campus

Universidad Alfonso X el Sabio has signed a €55 million project‑finance credit facility that will fund the construction of its new Malaga campus. The loan is provided by a syndicate comprising the European Investment Bank, Triodos Bank, Uni…

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M&AReal Estate10 Nov 2026

China Life in Talks to Sell Stake in London Office Tower to Brookfield

China Life Insurance is reported by the Financial Times to be negotiating the sale of its holding in the 99 Bishopsgate office tower in London to Brookfield. The transaction is at the rumour stage; no definitive agreement, price or percenta…

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M&AFinancial Services9 Nov 2026

UniCredit set to seal Commerzbank takeover this month

UniCredit is preparing to complete its takeover of Commerzbank this month, according to the Financial Times, after which it plans to start restructuring the German lender in the first quarter of 2027. The source describes a takeover that is…

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M&AFinancial Services9 Nov 2026

Credit Agricole pitches merger of Italian business with Banco BPM

Crédit Agricole has floated a proposal to merge its Italian banking arm with Banco BPM, which would create Italy’s third‑largest bank. The deal is currently at the rumour stage; no formal mandate, signed agreement or regulatory filing has b…

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ECMIndustrials9 Nov 2026

Dutch Startup Onodrim Raises $300 Million at $1.3 Billion Valuation

Onodrim, a Dutch start‑up founded by former Palantir executives, has signed a financing round that raises $300 million at a post‑money valuation of $1.3 billion. The company aims to buy and scale up smaller European defence companies. Detai…

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M&AConsumer8 Nov 2026

BC Partners Seeks to Take Control of LIV Golf from Saudi Wealth Fund

BC Partners, the European private‑equity house, is reported to be negotiating the purchase of the Public Investment Fund’s (PIF) bankruptcy loan that underpins the assets of the defunct LIV Golf league. The transaction remains at the rumour…

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ECMTMT8 Nov 2026

Harbor Secures $10 Million Funding Round Backed by Kibo Ventures and Base10 Partners

Harbor, an early‑stage AI‑risk platform founded by Stanford alumni and headquartered in San Francisco with an operational hub in Spain, has closed a $10 million seed round. The financing was signed and is backed by a consortium of venture‑c…

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