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Saturday, February 7, 2026

Deal Dispatch: SpaceX Ties Up With xAI, Kirin Sells 4 Roses Bourbon – Ares Administration (NYSE:ARES), Concorde Intl Gr (NASDAQ:CIGL)

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New On The Block

  • I Squared Capital is contemplating choices for its Asian knowledge middle enterprise BDx, together with a sale, in keeping with Bloomberg. The value could possibly be as much as $2 billion.

Updates From The Block

  • Kirin Holdings agreed to promote the 4 Roses bourbon model to Modesto, California-based E. & J. Gallo Vineyard for an estimated $775 million (round 120 billion yen).

  • Genius Sports activities has agreed to accumulate digital sports activities and playing media firm Legend for $1.2 billion, in keeping with Sportico. The deal consists of $900 million upfront—$800 million in money and $100 million in inventory—together with an earnout of as much as $300 million over two years. Following the announcement, Genius’ inventory dropped by 27%, closing at $6.19 per share. The acquisition will probably be financed with an $850 million mortgage, and the corporate expects its debt-to-EBITDA ratio to remain under 3x after the deal closes in Q2 2026.