M&A news archive: page 14 of 31
Every deal story we have published, newest first, with value and status. Updated every morning.
- Databricks agrees to buy security start-up PantherThe data and AI platform pushes further into security operations, aiming to displace legacy SIEM tools with its lakehouse.
- Salesforce agrees US$3.6bn deal for FinThe CRM leader buys the company that renamed itself after its AI agent, adding a proprietary model to sit beside Agentforce.
- Nuvei agrees US$2.75bn deal for PayoneerThe Canadian payments processor adds cross-border payouts, multi-currency accounts and hard-won licences in China and India.
- Kesko agrees €1.2bn deal for Saint-Gobain's Nordic Dahl businessThe Finnish retailer is making the largest acquisition in its history to turn technical trade into its biggest building division and lift international sales to a third of the group.
- Frasers launches hostile A$316m bid for Accent GroupThe Sports Direct owner turns on its Australian partner after a scaled-back store rollout, offering cash at the market price for the shares it does not own.
- JSW Energy buys 300MW Korba coal plant for ₹1,410 croreThe Jindal group power producer adds an operating, contracted thermal asset next to its Mahanadi plant as it targets 30GW by 2030.
- Wafra buys United Community's Navitas for US$1.9bnThe southeastern US lender exits a fast-growing but loss-heavy equipment finance unit it bought for US$130m in 2018.
- Glenstone launches hostile £56m bid for Alternative Income REITThe rare unsolicited bid below net asset value succeeded once Glenstone passed 50%, forcing the target's board to recommend an offer it still called too low.
- Warburg Pincus takes Japanese student landlord J.S.B. privateThe US investor's take-private targets a 100,000-unit student housing platform, with its founders rolling over.
- TMX Group agrees US$490m deal for RAFI IndicesCanada's exchange operator buys Rob Arnott's fundamental indexing franchise to scale up its VettaFi index business.
- STRABAG agrees to buy Romanian rail builder BAWI ConstructionThe Vienna-listed construction group is adding in-house rail capacity in a market where it has operated since 1991.
- KKR takes control of Crowe's advisory businessThe private equity firm becomes the first outside investor in a top-15 US accounting firm, which ring-fences its audit practice to meet independence rules.
- Stonepeak and EEP agree to buy Polish fuel retailer AnwimThe infrastructure investor and its partner add the MOYA network to a European fuel platform built around Germany's JET stations.
- Frasers launches €38-a-share bid for Hugo BossThe UK retail group used a voluntary offer with no acceptance threshold to build its position in the German fashion house, which rejected the price as inadequate.
- Telenor agrees NOK2.5bn deal for fibre operator EnivestNorway's incumbent is paying about 17 times this year's earnings for a regional network whose roll-out is largely complete, betting on cross-selling to cut that multiple.
- Marubeni agrees to buy Tiger Wheel & Tyre owner TiAutoThe Japanese trading house takes its B-Quik car-service model into Africa through a 59-year-old Southern African tyre and wheel chain.
- Aster DM Healthcare takes control of Saudi Arabia's ProCare HospitalThe Gulf hospital group enters the kingdom's Eastern Province and plans to double the hospital's licensed beds under a joint venture with an Al Rajhi family group.
- GSK agrees US$10.6bn deal for NuvalentThe British drugmaker buys two late-stage lung-cancer drugs that could reach the market within months, plus an earlier HER2 programme.
- Novanta agrees US$1.45bn deal for Riverpoint MedicalThe medical technology supplier buys a fast-growing maker of implantable surgical fibres, giving Arlington Capital an exit.
- Adani Energy Solutions agrees ₹3,050 crore deal for IntelliSmartThe purchase of the NIIF-EESL joint venture would give Adani's power utility more than 47 million smart meters under contract.
- Ingredion agrees £2.7bn takeover of Tate & LyleThe US starch and sweetener group returned with a higher price after an earlier 530p approach was rebuffed, winning a unanimous board recommendation.
- Incyte agrees up to US$2bn deal for Vega TherapeuticsThe Delaware drugmaker moves into bleeding disorders with a phase 3 antibody that could replace frequent infusions with under-the-skin dosing.
- Johnson & Johnson agrees US$1bn deal for Firefly BioThe healthcare group pays up for a preclinical platform that marries antibody targeting with protein degraders against hard-to-drug cancer drivers.
- Thoma Bravo agrees C$650m take-private of KneatThe software investor buys the maker of the Kneat Gx digital validation platform after a month-long strategic review.
- Temenos buys Zurich wealthtech additivThe Geneva banking software group is adding a mass-affluent wealth platform and an AI orchestration layer to sit on top of its core banking system.
- Carlyle agrees to buy Korean rental group Chung HoA succession-driven sale by the founding family hands the water purifier and appliance rental business to the US buyout firm.
- Banco BPM proposes merger of equals with Monte dei PaschiThe Milan lender's overture, which would have put MPS's Generali stake under a new national champion, was overtaken within a day by Intesa Sanpaolo's bid and abandoned at the end of July.
- TPG-led group buys ECHO Realty for about US$2bnCanadian and Norwegian state investors join TPG in backing a grocery-anchored shopping centre platform built since 2000.
- GNI Group buys Ayumi Pharmaceutical from Blackstone for ¥44.8bnThe Tokyo-listed drug developer adds a profitable domestic sales platform built on Calonal, while Blackstone exits its first Japanese buyout partly for GNI stock.
- De Cecco agrees to buy tomato processor RossoGarganoThe Abruzzo pasta group is integrating backwards into tomato sauces and preserves as it targets €1bn of revenue in 2027.
