American private equity firm KKR has announced a definitive agreement to acquire German IT services provider Datagroup, further cementing its interest in Europe’s digital infrastructure sector. The deal represents another addition to KKR’s growing portfolio of technology and infrastructure assets and underscores continued investor appetite for digital transformation enablers in key European markets.
Latvian airline Air Baltic Corp AS is planning to conduct an initial public offering (IPO) in the second quarter of this year. While a final decision has yet to be made, the company’s CEO, Martin Gauss, confirmed the expected timeline during a recent call with investors.
Amidst the dynamic economic conditions in China, the sudden merger decision of two state-backed financial giants raises questions about the future of the brokerage services market. At the forefront is the planned merger between China International Capital Corp (CICC) $601995.SS and its subsidiary, China Galaxy Securities $601881.SS. This significant event promises to bring substantial changes to the structure of the securities industry, creating the third-largest brokerage firm in the country with assets totaling $193 billion.
