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6 articles summarized · Last updated: LATEST

Last updated: July 26, 2026, 8:30 AM ET

Corporate Dealmaking & Valuations

Elon Musk's tunneling startup, The Boring Company, is reportedly at a $20 billion valuation. Meanwhile, Bluestone Equity Partners led a $55 million growth round for cue sports platform Poolhouse, a deal from Bluestone's inaugural $350 million fund. In a separate development, Blackstone Infrastructure has extended the merger deadline for TXNM Energy to May 2027, aiming to secure outstanding regulatory approvals in New Mexico.

Fund Realizations & Portfolio Moves

Shore Capital has fully realized its inaugural real estate fund, selling a 102-property veterinary portfolio for $268 million to Four Corners Property Trust. Separately, Australian wealth manager Perpetual has rejected a raised A$2.5 billion approach from Swedish firm EQT, citing a persistent price gap. In the sports sector, Blue Owl is reportedly buying into the Cleveland Cavaliers, underscoring the growing trend of private equity investment in professional sports franchises.