Press digest - October 27
AVGO•A digest of reported stories says four banks and Blackstone will provide $63 billion to finance Broadcom AI equipment for Anthropic, while DoorDash is in advanced talks to acquire Instacart at a possible $17 billion valuation. Surgery Partners agreed to a $5.7 billion take-private deal, including debt.
1. AI financing
The digest says Bank of America, Blackstone, Citi and Morgan Stanley will provide $63 billion in financing to buy Broadcom AI chips and networking gear for Anthropic. The reported deal is one of the largest debt deals tied to the AI buildout.
2. Potential acquisition
DoorDash is reportedly in advanced talks to acquire Instacart in a deal that could value the grocery-delivery platform at about $17 billion, people familiar with the matter said. Ben Cohen and Jerry Greenfield are exploring a deal to separate the Ben & Jerry’s brand from its current owner.
3. Other developments
Surgery Partners said it would be taken private by HealthSpan Partners, an affiliate of Bon Secours Mercy Health, in a deal valued at about $5.7 billion including debt; its shares rose 46%. A federal appeals court rejected a Trump administration request to require California to set aside mail-in ballots from 20,000 people the government says might not be US citizens.
