GS News & Events

Data analytics company Trimble (TRMB) is working with Goldman Sachs (GS) to sell its transportation and logistics unit, three sources tell Axios Pro. After about 15 years of assembling a transportation software suite via M&A, Trimble now appears to be unwinding it in a crowded market, Axios' Colin Campbell writes.

Amazon (AMZN) is seeking to raise at least $25B through a U.S. dollar bond sale to fund investments in artificial intelligence infrastructure, with the offering size potentially increasing based on investor demand, Bloomberg's Brian W. Smith and Michael Gambale report. The company is selling the debt in as many as eight tranches, ranging from three to 40 years, people familiar with the matter say, adding that Barclays (BCS), Goldman (GS), JPMorgan (JPM), and Morgan Stanley (MS) are managing the offering.

Lazard (LAZ) announced that Kathy Elsesser has been appointed to its Board of Directors, effective today. Elsesser, who also serves on TPG's Board of Directors, is a retired Partner and former Global Chair of the Consumer Retail and Healthcare Groups in the Investment Banking Division of Goldman Sachs (GS). Elsesser succeeds Andrew Alper, who has retired from Lazard's Board after more than 13 years of distinguished service.