Punchy stuff from AI start up Perplexity in the middle of the dog days of August.
Reckitt Benckiser has struck a deal with to sell its Essential Home unit to an American private equity house for up to $4.8 billion.
After being outmanoeuvred in its attempt to buy London-listed property company Assura, KKR is now now trying to outmanoeuvre rival private equity house Advent to get its hands on Spectris, the FTSE 250-listed supplier of precision instruments and controls.
Hacks at the venerable Wall Street Journal dug out a cracking new line about the Spectris takeover situation yesterday afternoon.