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Thoma Bravo's Proofpoint Will Pay $6.3 Billion in Cash for Varonis at $49.75 a Share. The Premium Is 52 Per Cent Against June and 17 Per Cent Against September.

Proofpoint, a Thoma Bravo portfolio company, agreed on Thursday 15 October to buy Varonis Systems for $49.75 a share in cash, a deal valued at about $6.3 billion. Varonis would owe a $211.7 million termination fee in some cases; Proofpoint would owe $423.3 million in others. Closing is expected in the first half of 2027 and needs a Varonis shareholder vote and regulatory approvals.

By Alison Acosta 21 hours ago

Yellow fibre-optic patch cables plugged into rows of green connectors in a network cabinet.

AT&T Will Sell Its Mexican Wireless Business for $2 Billion, About 0.4 Times Its 2025 Revenue. The Buyers Plan to Borrow Up to $1.4 Billion of the Price.

AT&T said on Tuesday 13 October that it will sell AT&T Mexico to a consortium owned equally by Grupo Televisa and Fintech Holdings for $2 billion in cash at closing, subject to adjustments. A Televisa filing shows the buyers plan to borrow up to $1.4 billion and that Televisa will put in $400 million. Closing is expected in the first quarter of 2027, subject to Mexican regulatory approvals.

By Thomas Gutierrez 22 hours ago

The Mexico City skyline seen over the rooftops of Colonia Condesa, with towers on Paseo de la Reforma under a cloudy sky.

A GTCR-Led Group With Elliott Will Take CCC Private at $7.75 a Share, a $6.1 Billion Enterprise Value. Its Chief Executive and President Are Rolling Over Part of Their Stakes.

By Margaret Holloway 22 hours ago

The rusted, dented rear bumper of an old vehicle parked on a cobbled street.

Industrial Production Rose 0.7 Per Cent in September, and Utilities Supplied More of It Than Factories. Manufacturing Rose 0.3 Per Cent and Is Up 1.1 Per Cent in a Year.

By Daniel Okafor 23 hours ago

Insulators, switchgear and overhead lines at an electric power substation under a pale sky.

One Research Firm Puts Regenerative Medicine at $41 Billion, Heading for $162 Billion. Dr. David Borenstein on Why the FDA Keeps Cracking Down on Unproven Clinics.

By Thomas Gutierrez 41 hours ago

A culture growing on agar in a petri dish, lit from below in a laboratory.

Penske Automotive Agreed to Be Taken Private at $212 a Share, a $16.3 Billion Enterprise Value. The Premium Is 8.8 Per Cent, and Its Two Buyers Are Also Its Two Largest Holders.

By Margaret Holloway 42 hours ago

A row of new dark SUVs parked on a dealership lot at dusk.

Labcorp Will Pay $722 Million in Cash for the Core of BioReference Health, About 2.9 Times the Revenue It Expects. OPKO Gets Up to $150 Million More if One Prostate Test Sells.

By Thomas Gutierrez 43 hours ago

Rows of blood sample tubes with coloured caps in a laboratory rack.

Japan Will Pay Up to $21 Billion for Two New Fabs in Upstate New York. GlobalFoundries Will Run Them, and Washington Will Own About 4 Per Cent of the Company.

By Alison Acosta 43 hours ago

Two patterned silicon wafers on display, catching coloured light.

Philadelphia Factories Fell to 20.9 in October From 37.8, but Prices Received Hit a 17-Month High. 52.2 Per Cent of Firms Plan to Spend More Next Year and None Plan to Spend Less.

By Daniel Okafor 43 hours ago

Rows of industrial machinery under overhead pipework on a factory floor.

Netflix Is Cutting About 1,000 Jobs, 6 Per Cent of Its Staff. Most Fall in Product, Technology, Legal and HR, Six Days Before It Reports.

By Thomas Gutierrez 44 hours ago

A three-storey glass and stone office building at 101 Albright Way, part of Netflix's headquarters campus in Los Gatos, California, with a red Netflix sign by the road and a traffic signal in the foreground.

New York Factories Posted Their Best Reading Since December 2021, 25.5. Delivery Times Are Lengthening, Supply Is the Scarcest Since 2022, and Hiring Is Only Modest.

By Margaret Holloway October 15, 2026

Two machined metal flanges resting on engineering drawings.

Agility Bought Tristar for About $7 Million in 2003. It Is Selling It at a $1.5 Billion Enterprise Value, and Says the Bet Returned More Than $1 Billion.

By Thomas Gutierrez October 15, 2026

White fuel storage tanks at a riverside terminal under a blue sky, seen from the water.

Retail Sales Rose 0.8 Per Cent in September and Are Up 6.3 Per Cent in a Year. Leave Out Cars and Gasoline and the Gain Was 0.2 Per Cent.

By Daniel Okafor October 15, 2026

A largely empty shopping mall corridor lined with storefronts, in black and white.

Wholesale Prices Rose 1.3 Per Cent in One Month, the Most Since 2022, and Are Up 6.3 Per Cent in a Year. Retail Gasoline Margins Fell 30.3 Per Cent.

By Daniel Okafor October 15, 2026

Silhouette of an oil refinery and cooling towers across an estuary at sunset, with tidal flats in the foreground.

BlackRock Took In $205 Billion in the Quarter and Ended at $15.5 Trillion. GAAP Earnings Were $10.57 a Share, and the Adjusted Figure Was $15.93.

By Daniel Okafor October 14, 2026

The glass facade and stone-framed lower floors of 50 Hudson Yards in Manhattan, seen from the street, with neighbouring towers reflected in the windows.

ASML Reported a Record €11.7 Billion Quarter and Guided the Next One to Between €14.2 Billion and €15.2 Billion. It Still Does Not Publish Orders.

By Daniel Okafor October 14, 2026

A large office building on ASML's campus in Veldhoven, the Netherlands, clad in angular white aluminium panels, under a partly cloudy sky.

Morgan Stanley Earned $3.03 a Share on $20.3 Billion of Revenue. Equities Supplied $1.7 Billion of the $2.1 Billion Increase.

By Daniel Okafor October 14, 2026

The upper floors of 1585 Broadway, Morgan Stanley's headquarters tower in Midtown Manhattan, with the Morgan Stanley name near the top of its glass facade against a pale blue sky.

Consumer Prices Rose 3.7 Per Cent in September, Up From 3.4. Core Rose 2.6 Per Cent, and Gasoline Alone Was Up 34.2.

By Daniel Okafor October 14, 2026

Petrol pumps under the canopy of a Shell station on a sunny day, with the station's price sign on a pole to the left.

Bank of America Took a $1.2 Billion Treasury Penalty the Day Before It Reported. The Charge Cost 17 Cents a Share, and Earnings Still Missed Without It.

By Margaret Holloway October 14, 2026

A single-storey Bank of America branch with its red, white and blue sign, seen across a road junction under traffic lights at State Road 520 and A1A.

Bumble Agreed to a $1.3 Billion Cash Buyout at $6.05 a Share, a 138 Per Cent Premium. Its Public Shareholders Will Not Get a Vote.

By Alison Acosta October 14, 2026

A hand holds a smartphone whose screen shows a pink heart pierced by an arrow, against a green textured fabric.