Deal tracker
M&A deal tracker 2026
Every merger and acquisition we verified from 9 September to 9 October 2026: announced, agreed, in review, completed and terminated deals, each with its source. USD values at announcement; local values as reported.
85Verified deals, 9 Sep – 9 Oct
$475.2bnDisclosed value tracked
20Deals above $5bn
$993bnGlobal M&A in Q3 2026 (LSEG)
Top 3 by value
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Paramount Skydance (now Skydance Corp.) → Warner Bros. DiscoveryMediaUnited StatesUS$110bn EV (~US$81bn equity)$110bnCompletedUnion Pacific → Norfolk SouthernIndustrials / RailUS$85bn$85bnIn reviewIntesa Sanpaolo → Banca Monte dei Paschi di SienaFinancials / BankingItaly€35bn$39.3bnIn reviewGold Fields → Northern Star ResourcesMiningAustraliaA$38.7bn$27.1bnTerminatedSchneider Electric → PTCTechnology / Industrial softwareUS / France$22.6bn$22.6bnAgreedBASF → EvonikChemicalsGermany€10.3bn$11.7bnIn talksCegid → SilaeTechnology / SoftwareFrance€10bn$11.6bnAgreedMerck KGaA → Bio-TechneHealthcare / Life-science toolsUS$11.3bn$11.3bnIn reviewZurich Insurance Group → BeazleyFinancials / InsuranceUK / Switzerland£8.1bn$10.7bnCompletedEmera → Canadian Utilities (ATCO group)Utilities / EnergyCanadaC$14.3bn$10bnAgreedWittington Investments (Weston family) → BootsConsumer / Retail pharmacyUK£6.7bn$8.9bnAgreedAMD → World LabsTechnology / AIUS$8.2bn$8.2bnAgreedIndependence Realty Trust → CenterspaceReal estate / REITUS$8.1bn$8.1bnAgreedSequence Holdings and DFO Management → The Baldwin Insurance GroupFinancials / Insurance brokerageUS$7.7bn$7.7bnAgreedLong Lake → American Express Global Business TravelTech / Travel servicesUS$6.3bn$6.3bnCompletedAuthentic Brands Group → MattelConsumer / ToysUS$6bn+$6bnIn talksC.H. Robinson → RXOIndustrials / LogisticsUS$5.8bn$5.8bnAgreedCD&R and McKesson → Option Care HealthHealthcareUS$5.8bn$5.8bnAgreedonsemi → SynapticsTechnology / SemiconductorsUS$5.7bn$5.7bnAgreedKKR → Gen II Fund ServicesFinancials / Fund administrationUS$5.1bn$5.1bnAgreedCenovus Energy → Athabasca OilEnergyCanadaC$5.7bn EV$4bnAgreedTransurban → CPP Investments' stakes in Sydney toll roads (M7/NorthConnex, WestConnex)InfrastructureAustraliaA$4.5bn$3.1bnAgreedSoftBank Group → DigitalBridge GroupFinancials / Digital infrastructureJapan / US$3.1bn$3.1bnCompletedRoyal Caribbean Group → Sandals Resorts (50%)Consumer / Travel & leisureUS / Jamaica$3bn$3bnAgreedMetLife / CNP Assurances (bidders) → Prudential Financial Brazil & Mexico unitsFinancials / InsuranceBrazil / Mexico~$3bn$3bnIn talksHarrison Street Asset Management (with Kenon Holdings) → Vicinity Energy (majority stake)Energy / InfrastructureUS$2.92bn EV$2.9bnAgreedBrookfield Asset Management → Reliance WorldwideIndustrials / Building productsAustraliaA$4.75/share (~A$4.1bn)$2.9bnAgreedEnergy Transfer → Vaquero MidstreamEnergy / MidstreamUS$2.63bn$2.6bnAgreedTelix Pharmaceuticals → ITM Isotope Technologies MunichHealthcare / RadiopharmaGermany / Australia€1.44bn upfront (up to ~€2.05bn)$2.4bnAgreedBrixmor Property Group and Everview Partners → Slate Grocery REITReal estateUS / Canada$2.34bn$2.3bnAgreedUber → ezCaterTechnology / Food deliveryUS$2.3bn$2.3bnAgreedShionogi → IntraBioHealthcare / PharmaJapan / US$2bn$2bnAgreedAxis Capital → Permanent TSBFinancialsIreland€1.74bn$2bnIn talksCopart → ACV AuctionsTech / Automotive marketplacesUS$1.9bn$1.9bnAgreedAAR Corp → MRO Holdings (65% stake)Industrials / AerospaceUS$1.8bn equity; $4.0bn EV$1.8bnAgreedKirin Holdings → Jamieson WellnessConsumerCanadaC$2.5bn EV$1.8bnIn reviewViatris → Pacira BioSciencesHealthcareUS$1.65bn$1.7bnAgreedInvestor group led by Thomas Priore (WD Capital) → Priority Technology HoldingsFinancials / PaymentsUS$1.6bn EV$1.6bnAgreedGrab → Atome Financial (60%)Financials / FintechSingapore$1.49bn$1.5bnAgreedPersistent Systems → NagarroTechnology / IT servicesGermany / India€1.27bn$1.5bnAgreedPuig → ISDIN (50% stake)ConsumerSpain€1.2bn$1.4bnAgreedACP Holdings Acquisition Corp (SPAC) → May MobilityTech / Autonomous vehiclesUS$1.4bn$1.4bnAgreedRexel → GCGIndustrialsFrance$1.4bn EV$1.4bnAgreedBending Spoons → MiroTech / SoftwareUS$1.355bn EV$1.4bnAgreedNippon Paint → AkzoNobel decorative paints (7 APAC markets)Industrials / ChemicalsJapan / Netherlands$1.35bn$1.4bnAgreedClearlake Capital → Chelsea FC (Boehly and Walter stakes)Media / SportsUK£950m$1.3bnAgreedBold Eagle Acquisition Corp (SPAC) → REDLatticeTech / Defence cyberUS$1.25bn$1.3bnAgreedNiterra → Denso spark plug and exhaust gas sensor businessesAutomotive componentsJapan¥180.6bn$1.1bnTerminatedHormel Foods → Brakebush BrothersConsumer / FoodUS$1.055bn$1.1bnAgreedSoftcat → General Datatech (GDT)TechnologyUK$1.05bn EV$1.1bnAgreedH.I.G. Capital → Mistras GroupIndustrials / Testing servicesUS$866m EV$866mAgreedIthaca Energy → Suncor Energy (Terra Nova, White Rose, West White Rose stakes)EnergyCanadaC$1.2bn + up to C$350m contingent$860mAgreedPeoples Bancorp → Capital BancorpFinancials / BankingUS$728m$728mAgreedSG Fleet / ORIX / Sumitomo consortium (competing bidders) → FleetPartners GroupFinancials / Fleet leasingAustraliaup to A$982m$700mIn talksSelect Water Solutions → Pilot Water SolutionsEnergy / Water midstreamUS$700m$700mAgreedLynas Rare Earths → Meteoric Resources (Caldeira project)MiningBrazilA$968m$672mAgreedCarlyle → Nidec ComponentsIndustrials / ElectronicsJapan¥102.98bn$650mAgreedCognex → RealSenseTech / RoboticsUS$500m$500mAgreedBlackstone → IDP EducationEducation servicesAustraliaA$694.7m$490mTerminatedArtemis Gold → Vista GoldMiningCanadaUS$427m$427mAgreedESENTIA → Energía Occidente de México (TC Energy)EnergyMexicoUS$400m$400mAgreedLuca Mining → Cozamin mine (Capstone Copper)MiningMexicoUp to US$385m$385mAgreedClaro (America Movil) → DesktopTelecomBrazilR$1.75bn$335mCompletedMBK Partners → SharingtechnologyConsumer services / InternetJapan~¥37bn$240mAnnouncedCapitolis → eSecLendingFinancialsUnited StatesUS$200m$200mAgreedFlowco Holdings → Lifting SolutionsEnergyCanadaC$159m$113mCompletedAccel-KKR → ElecoTechnologyUK£207.6mUndisclosedAgreedCarolwood LP → Thryv print directories businessMedia / PublishingUSUndisclosedUndisclosedAgreedEB Development → Eurobio ScientificHealthcareFrance€25.30 a share (~€255m equity value)UndisclosedAnnouncedSchneider Electric → Shelly GroupTechnology / Smart homeBulgaria€1.2bnUndisclosedAnnouncedVerlagsgruppe Georg von Holtzbrinck → Zeit Verlagsgruppe (50% stake)MediaGermanyundisclosedUndisclosedCompletedGenel Energy → Capricorn EnergyEnergyUK£330mUndisclosedAgreedPeel Holdings → Harworth GroupReal estateUK£631.7mUndisclosedAgreedRHI Magnesita → VesuviusIndustrialsUK549p a share (cash + shares)UndisclosedIn talksMain Capital Partners → Tribal Group (business)TechnologyUK£231mUndisclosedIn reviewHanwha Life Insurance & Centroid Investment Partners → Acuon Group (Acuon Capital / Acuon Savings Bank)FinancialsSouth Korea~₩870bn (reported)UndisclosedAgreedStripe → ParafinFinancialsUnited StatesUndisclosedUndisclosedAgreedFresenius → mAbxience (remaining 45%)Healthcare / BiosimilarsGermany / Spainup to €750mUndisclosedCompletedLandsec → MetrocentreReal estateUK£516mUndisclosedAgreedGreenbriar Equity Group → Spectrum ControlIndustrials / DefenceUSUndisclosedUndisclosedAgreedWebuild → Trevi Finanziaria IndustrialeIndustrialsItaly€295mUndisclosedIn reviewUnited Internet → 1&1 AG (new shares)TelecomsGermany€850mUndisclosedAgreedRheinmetall → Alstom Kassel locomotive plantIndustrials/DefenceGermanyundisclosedUndisclosedIn talksInternational Resources Holdings → Kenmare ResourcesMiningIrelandundisclosedUndisclosedIn talksRespighi BidCo (CVC, GBL) → RecordatiHealthcareItaly€53 a shareUndisclosedIn review