acquire – The News Desk

Customer relations software maker Salesforce is in advanced talks to acquire Informatica , a person familiar with the matter told Reuters on Friday, in the latest sign of increased deal-making in the technology sector. A deal could be announced soon, said the source, who requested anonymity as the discussions are confidential. The price being discussed is below Informatica's current share price of $38.48, according to the Wall Street Journal, which first reported the talks between Salesforce and Informatica. Salesforce and Informatica did not immediately respond to requests for comment. Private equity firm Permira, which along with the Canadian Pension Plan Investment Board (CPPIB) holds a controlling stake of over 75% in Informatica, declined to comment. CPPIB could not be reached for co...

In a US$3.6 billion deal, Saudi Aircraft lessor AviLease has entered into a definitive agreement to purchase the aircraft leasing business of Standard Chartered, which includes Dublin-based Pembroke Group. As part of the acquisition, AviLease will acquire a portfolio of 100 narrow body aircraft while also becoming the servicer for another 22 aircraft. The combined platform will own and manage 167 aircraft including 145 owned aircraft valued at around US$6 billion and 22 managed aircraft valued at approximately US$800 million leased to 46 airlines globally. AviLease, founded in 2022 and headquartered in Riyadh, is wholly owned by the kingdom’s Public Investment Fund (PIF). The entire transaction is expected to close in the fourth quarter of this year. As part of the acquisition, AviLease ...

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Software giant Salesforce in advanced talks to buy Informatica

AviLease to acquire Standard Chartered’s aircraft leasing business for US$3.6 billion – Business Traveller