DEALS

Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.

SINGAPORE (Reuters) -Grab Holdings, the largest ride-hailing and food delivery firm in Southeast Asia, clinched a merger on Tuesday with special-purpose acquisition company Altimeter Growth Corp securing a valuation of nearly $40 billion and paving the way for a coveted U.S. listing.

Buyout firm KKR & Co Inc is nearing a deal to acquire information technology services provider Ensono from Charlesbank Capital Partners and M/C Partners for around $1.7 billion, including debt, according to people familiar with the matter.

Scale AI said on Tuesday it had raised $325 million in fresh funding, doubling its valuation to $7 billion in just over four months, as the artificial intelligence (AI) firm plans to increase hiring and expand its product offerings.

BEIJING (Reuters) -China's ByteDance said on Wednesday that its gaming unit Nuverse has acquired C4games, as it seeks to further expand into the video games business.

French luxury goods giant LVMH said on Tuesday it was fully focused on integrating U.S. jeweller Tiffany, brushing aside suggestions that it might be interested in buying other brands.

Clearcover has raised $200 million in fresh capital as part of a late-stage financing round led by Eldridge, the investment firm helmed by Los Angeles Dodgers owner Todd Boehly, the digital car-insurance startup will announce on Tuesday.

Private-equity firm Carlyle Group Inc will be taking a majority stake in Beautycounter, valuing the U.S. cosmetics company at $1 billion.

Public Storage said on Tuesday it had acquired smaller rival ezStorage, the operator of 48 self-storage properties in the United States, for $1.8 billion.