Key Takeaways
- • Oracle has called off a $7 billion microchip leasing deal with China's Tencent, according to Law360.
- • A tungsten mining company affiliated with President Donald Trump's sons is planning an IPO at a $2 billion valuation.
- • Clayton Dubilier & Rice is exploring a purchase of payments processor Global Payments, which carries a roughly $40 billion valuation.
Summary
Oracle has called off a $7 billion microchip leasing agreement with China's Tencent, Law360 reported on November 5, 2026. The publisher's summary describes the deal's cancellation as taking place under pressure, though the available text does not detail the specific pressures or the parties' stated reasons for the termination.
Separately, a tungsten mining company affiliated with President Donald Trump's sons is planning to go public at a $2 billion valuation, according to the same report. The available text does not identify the company by name or provide details on the offering size, exchange, or timing.
In private equity dealmaking, Clayton Dubilier & Rice is exploring a purchase of Global Payments, a payments processor valued at about $40 billion. The report does not disclose the stage of talks or the potential structure of any transaction.
The full Law360 article was not available beyond its opening paragraphs, so the details above reflect only the publisher's summary and lead.
Separately, a tungsten mining company affiliated with President Donald Trump's sons is planning to go public at a $2 billion valuation, according to the same report. The available text does not identify the company by name or provide details on the offering size, exchange, or timing.
In private equity dealmaking, Clayton Dubilier & Rice is exploring a purchase of Global Payments, a payments processor valued at about $40 billion. The report does not disclose the stage of talks or the potential structure of any transaction.
The full Law360 article was not available beyond its opening paragraphs, so the details above reflect only the publisher's summary and lead.
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