(Reuters) - German truck maker Daimler Truck and Sweden's Volvo intend to form a joint venture to develop a software-defined vehicle platform and dedicated truck operating system, the two companies said on Friday. The new company would be a 50/50 joint venture, with the deal expected to close by the first quarter of 2025, according to a preliminary non-binding agreement....

May 17 (Reuters) - U.S. fund General Atlantic and Canadian pension fund CPPIB are readying a 3 billion euro ($3.26 billion) offer to buy Spain's largest online real estate company Idealista, Spanish newspaper Expansion reported on Friday, citing unidentified market sources. Swedish private equity fund EQT, which has controlled Idealista since 2020, has hired investment bank Morgan Stanley to sell...

04:23 AM EDT, 05/17/2024 (MT Newswires) -- RF Acquisition Corp II (RFAI) said it priced its initial public offering of 10 million units at $10 per unit. The company also granted the underwriters a 45-day option to buy up to an additional 1.5 million units at the IPO price to cover possible over-allotments. The units will be listed on the...

04:15 AM EDT, 05/17/2024 (MT Newswires) -- SAP SE ( SAP ) said late Thursday that NEC agreed to migrate its operations from its on-premise software to its cloud platform running on Amazon.com's ( AMZN ) Amazon Web Services. Financial details of the agreement were not disclosed. Japanese IT provider NEC will use SAP's S/4HANA resource planning software through the...