M&A news archive: page 12 of 31
Every deal story we have published, newest first, with value and status. Updated every morning.
- Lockheed Martin agrees US$3.45bn deal for Ultra MaritimeThe largest US defence contractor adds exportable sonar and sonobuoy lines as navies step up spending on undersea warfare.
- Novartis buys Myricx Bio for up to US$1.5bnThe Swiss drugmaker is betting that a new class of ADC payload can overcome resistance to today's cancer conjugates.
- Fincantieri takes control of NextGeo at €780m valuationThe shipbuilder's biggest underwater deal brings a fast-growing offshore survey business into a planned €1.1bn-revenue subsea division.
- Banijay Gaming agrees to buy French casino group JOABetclic's owner adds 33 land-based casinos to its online business, three months after taking over Tipico.
- InfraVia agrees to buy marina group D-Marin from CVCThe French infrastructure investor is betting on scarce Mediterranean berths after CVC expanded the platform into nine countries.
- TPG-led group agrees to buy India's Aseem Infrastructure FinanceThe climate fund's first big Indian lending platform gives NIIF a full exit from the business it founded in 2020.
- EQT agrees to buy parking technology group OrikanThe deal extends EQT's Asian mid-market strategy into smart-city services for councils, universities and airports.
- Söderberg & Partners agrees to buy Schroders' BenchmarkSchroders is shedding its UK advice arm to concentrate on Cazenove Capital as Nuveen's takeover approaches.
- CVC agrees to buy majority of music distributor DistroKidThe deal adds to private capital's bets on the independent-artist economy.
- Blackstone agrees to buy Dresser Utility Solutions from First ReserveThe deal is the first for the newest Blackstone energy transition fund, aimed at ageing gas and water networks.
- Lone Star agrees €4bn carve-out of Continental's ContiTechThe sale ends Continental's break-up programme and turns the German group into a pure-play tyre manufacturer.
- AO wins Elektroimportøren with NOK1.1bn cash offerThe Danish electrical wholesaler pays a 57% premium to add a Norwegian and Swedish omnichannel retailer to its Nordic push.
- Yara agrees US$1.3bn purchase of Texas ammonia plantThe Norwegian fertiliser group adds US Henry Hub gas exposure through a newly built plant on the Gulf Coast.
- Kroger agrees US$1.65bn takeover of Giant EagleThe largest US supermarket operator adds nearly 200 stores in Ohio and Pennsylvania, promising limited divestitures to satisfy antitrust review.
- KKR agrees US$4.2bn deal for EDF's North American renewables armThe French utility sells a top-ten US renewables owner to fund its nuclear and hydro build-out, while KKR bets on rising US power demand.
- Schneider Electric agrees US$3.1bn deal for CogniteThe French group is paying a rich price for Norway's first software unicorn to give AVEVA the industrial data layer it needs for AI agents.
- Martin Marietta agrees US$13.5bn deal for Lhoist North AmericaThe aggregates group buys a lime franchise with more than 2bn tons of reserves and hands the Belgian Berghmans family a 15% stake.
- Rocket Lab agrees US$8bn deal for IridiumThe launch company wants a satellite network, L-band spectrum and recurring service revenue, and would launch Iridium's next constellation itself.
- Bridgepoint agrees US$1.4bn deal for Kayne Anderson Real EstateThe mid-market buyout house adds US real estate as a fifth vertical and lifts the US share of its fee base.
- Matador's San Mateo agrees US$752m deal for Cardinal MidstreamThe Permian joint venture lifts its gas processing capacity above 1 bcf a day and gives EnCap Flatrock an exit.
- Ipsen agrees up to US$1.75bn deal for Kartos TherapeuticsThe French drugmaker adds a late-stage blood-cancer drug that could reach patients in 2028.
- Tongcheng Travel takes control of carpooling app Dida in HK$1.42bn offerThe online travel agency adds Dida's car-owner network to its ticketing and hotel business, with a special dividend sweetening a thin premium.
- Umios buys control of Malaysia's Pet World International for ¥11.4bnThe former Maruha Nichiro expands its wet cat food business into Southeast Asia and dry dog food through Malaysia's number two pet-food brand owner.
- CVC agrees to buy Irca from AdventThe buyout firm makes its second large food-ingredients deal of the year, after agreeing to buy IFF's food ingredients arm in May.
- CVC to take majority of Italy's ClevertechThe Reggiani family brings in the buyout firm to fund global growth at its packaging automation business, while keeping a stake.
- Sixth Street to take majority of Monument ReThe US investment firm backs a European closed-book life consolidator, with Hannover Re remaining a shareholder.
- Cencosud agrees US$158m deal for Makro ColombiaThe Chilean retailer adds 21 cash-and-carry stores to deepen its wholesale push in one of its key markets.
- J.C. Flowers group to buy Republic Finance from CVCThe financial services investor teams up with Nowlake to take over a 17-state personal loan provider.
- Warburg Pincus buys Network Plus from OMERSThe growth investor makes the UK utility contractor a cornerstone of a European infrastructure services portfolio.
- H.B. Fuller agrees £659m takeover of Advanced Medical SolutionsThe US adhesives group is paying a 35% premium to move deeper into surgical glues, tapes and biosurgicals, and plans a new reporting unit for the business.
