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ServiceNow Is Said to Near Up to $7 Billion Deal for Armis

ServiceNow Inc.is in advanced talks to buy the cybersecurity startup Armis in a deal that may be valued at as much as $7 billion and would represent the tech company’s largest acquisition to date.

By Andrew Martin, Ryan Gould and Brody Ford

Coca-Cola in Talks With TDR to Salvage Costa Coffee Sale: FT

Coca-Cola Co. is holding last-ditch talks with TDR Capital this weekend as its proposed sale of Costa Coffee faces the risk of collapse, the Financial Times reported, citing people with knowledge of the matter.

Big 12 in Advanced Talks for Deal With RedBird-Backed Fund

The Big 12 Conference is in advanced talks with an investment firm backed by RedBird Capital and Weatherford Capital for a $500 million cash injection, according to a person familiar with the matter.

SpaceX Sets $800 Billion Valuation, Confirms 2026 IPO Plans

SpaceX is moving forward with an insider share sale that values Elon Musk’s rocket and satellite maker at about $800 billion, setting up what could be the largest initial public offering of all time.

TPG Takes $600 Million Hit on ‘Eyebrow Queen’ Cosmetics Bet

TPG Inc. exited most of its stake in Anastasia Beverly Hills as part of a debt restructuring, largely wiping out the private equity firm’s $600 million investment in the cosmetics company, according to people familiar with the matter.

Intel Is Said to Near $1.6 Billion Deal for Chip Firm SambaNova

Intel Corp. is in advanced talks to acquire artificial intelligence chip startup SambaNova Systems Inc. for about $1.6 billion including debt, according to people familiar with the matter.

Paramount’s $54 Billion Debt Plays a Starring Role in Warner Bid

Even if Paramount Skydance Corp. manages to take over Warner Bros. Discovery Inc. against the company’s will, it faces another high hurdle: coping with the colossal $54 billion of debt it’s planning to take on.

Robo-Adviser Wealthfront Rises After $484.6 Million IPO

Wealthfront Corp.shares closed higher in its trading debut, after the company and some of its shareholders raised $484.6 million in an initial public offering.

Arthur Carter, Whose Firm Propelled Weill and Levitt, Dies at 93

Arthur Carter, the investment banker turned publisher who co-founded the Wall Street firm that propelled the careers of former Citigroup Inc. chairman Sanford “Sandy” Weill and former US Securities and Exchange Commission Chairman Arthur Levitt, has died. He was 93.

Skadden, Gibson Dunn Help Crypto Firms Win Bank-Charter Approval

Four Big Law firms including Skadden and Gibson, Dunn & Crutcher helped cryptocurrency companies win US preliminary approval Friday to perform some banking functions.