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China's SMIC plans to acquire the remaining 49% stake in its SMNC unit for ~$5.8B, making the unit wholly owned, per a Shanghai Stock Exchange filing (Reuters)

Reuters : China's SMIC plans to acquire the remaining 49% stake in its SMNC unit for ~$5.8B, making the unit wholly owned, per a Shan...

7 February 2025

HIG Capital plans to buy Toronto-based IT solution provider Converge Technology for $908M and merge it with Mainline Information; the deal closes in Q2, 2025 (Charles Capel/Bloomberg)

Charles Capel / Bloomberg:
HIG Capital plans to buy Toronto-based IT solution provider Converge Technology for $908M and merge it with Mainline Information; the deal closes in Q2, 2025  —  Converge will merge with Tallahassee, Florida-based Mainline Information Systems LLC, which is also owned by HIG, the companies said in a statement on Friday.

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