Reuters: Amazon, Nvidia and peers weigh major M&A deals

what happened

Reuters listed merger, acquisition and asset-sale developments known by 0930 GMT on Monday. INWIT’s main shareholders are working on funding for a possible take-private of Italy’s largest mobile telecom tower operator, two people close to the matter said. The move comes as the masts company is involved in a contractual dispute with its two biggest customers.

Amazon is negotiating to buy AI startup Decart for about $7 billion, the Wall Street Journal reported on Sunday, citing people briefed on the discussions. Nvidia is considering either increasing its stake in open-source startup Reflection AI or purchasing the company, the Financial Times reported on Saturday, citing people with direct knowledge. GTCR and activist investor Elliott Investment Management are in advanced discussions to buy software company CCC Intelligent Solutions, a source familiar with the matter said on Friday.

TKO LLC, a hospitality investment firm, said on Friday that it had made a $2 billion cash offer for the hotel portfolio of Service Properties Trust. The proposed transaction would give the real estate investment trust liquidity to cut its debt.

why it matters

The reported transactions span telecom towers, artificial intelligence, software and hospitality property. Their terms and progress could affect the valuations of the companies named and sentiment toward the broader M&A market.

instruments