M&A news archive: page 15 of 31
Every deal story we have published, newest first, with value and status. Updated every morning.
- Yamada and Edion agree to explore ¥2.5tn electronics retail mergerJapan's top two-ranked appliance chains plan a merger of equals to cut purchasing costs and fight online competition as the home market shrinks.
- PayPay agrees ¥134bn deal for control of T&D Financial LifeJapan's biggest payments app buys its way into life insurance, aiming to sell savings and protection products to its 74 million-plus users.
- Omoda agrees to buy Wehkamp from ApaxA family-owned shoe and fashion chain from Zeeland is taking over one of the Netherlands' best-known online retailers, returning it to Dutch ownership after 11 years.
- Wellington agrees to buy Hartford Funds in US$1.9bn dealThe Boston manager takes direct ownership of a fund range it has sub-advised since 1984.
- Nestlé takes full control of German meal-drink brand yfoodPhilipp Navratil's first deal as chief executive adds a fast-growing 'smart food' brand to Nestlé's new nutrition division.
- K+S agrees up to €380m deal for Qemetica's salt businessThe German potash and salt group is buying two specialty salt plants to expand in Central and Eastern Europe while Qemetica redirects capital to waste-to-energy.
- Servier agrees up to US$2.65bn deal for Edgewise's sevasemtenThe foundation-owned French drugmaker buys a late-stage muscular dystrophy programme, leaving Edgewise to focus on heart disease.
- Hiab agrees US$1.0bn deal for Labrie Environmental GroupThe Finnish load-handling group enters North America's refuse truck market with a Quebec manufacturer earning 23% margins.
- Drax agrees £548m deal for Bluefield Solar Income FundThe Yorkshire power station owner is buying a listed renewables fund at a discount to net assets to build a solar and wind arm alongside its biomass and flexible generation.
- Berkshire Hathaway agrees US$8.5bn deal for Taylor MorrisonGreg Abel's first large acquisition as chief executive extends Berkshire's push into housing beyond Clayton Homes.
- CVC agrees US$4.3bn carve-out of IFF's food ingredients armThe buyout firm takes a texturants and emulsifiers business with $3.1bn of sales, while IFF keeps a 10% slice and narrows its focus to taste, scent and biosciences.
- Samyang buys Soda Aromatic from Toray and Mitsui for ¥41bnThe Korean sugar and flour group is buying a century-old Japanese fragrance house to move into higher-margin ingredients.
- Volta family's Hydra bids to take Datalogic privateThe controlling shareholder wants to free the Bologna automatic identification group from listing constraints to invest in R&D and AI.
- Fertitta agrees US$17.6bn deal for CaesarsThe Golden Nugget and Landry's owner is taking the largest US casino operator private at a 49% premium.
- Autodesk agrees US$3.6bn deal for MaintainXThe design-software group is moving into the operations phase of the asset lifecycle, betting that maintenance data will feed its AI tools.
- Nextpower agrees deal for Prevalon Energy worth up to US$365mThe former Nextracker is moving into battery storage to sell firm power to utilities and AI data centres.
- Mitsubishi Materials folds copper buying into Pan Pacific CopperJapan's smelters are pooling concentrate purchases as Chinese competition drives treatment charges below zero.
- Eurazeo takes majority of Danish IT refurbisher T1AThe impact buyout fund's third deal backs the circular economy for business IT equipment.
- DigitalBridge agrees up to US$1.05bn deal for ArcLightThe SoftBank-bound digital infrastructure manager is adding a power specialist as data centres strain electricity grids.
- Advaya buys Comscore's movie data unit for US$70mThe carve-out revives the Rentrak name for the industry's standard box office tracker.
- Olympus pays US$270m for Israel's BioProtectThe Japanese endoscope maker adds a prostate-cancer radiotherapy implant to its urology business and plans to keep production in Netanya.
- Lilly agrees deal worth up to US$1.5bn for shingles vaccine maker CurevoLilly is returning to infectious disease with three vaccine acquisitions announced on a single day.
- Lilly agrees up-to-US$780m deal for Swiss vaccine maker LimmaTechThe Swiss biotech's toxin-targeting vaccines are one of three infectious-disease bets Lilly placed on a single day.
- Stonepeak consortium agrees to buy Estia Health from BainThe infrastructure investor adds Australia's second-largest residential aged care operator to its social infrastructure platform.
- Kinden wins auction for Mitsubishi Electric's KodenshaThe Osaka electrical contractor gains a Tokyo-area competitor as Mitsubishi Electric sheds a listed subsidiary.
- Loxam agrees R$1.9bn deal for control of Brazil's MillsEurope's largest equipment rental group is buying Brazil's market leader, with a tender offer that could delist Mills.
- Petronas to take full ownership of PRefChem from AramcoThe Saudi oil giant is leaving the Johor refining joint venture it entered with a $7bn investment in 2017.
- Apollo walks away from £1.5bn Bodycote approachThe US buyout firm's 885p proposal lasted two weeks; Bodycote later agreed a higher offer from Veritas Capital.
- Avista and Damier buy German supplements maker sanotactThe deal gives Avista its ninth consumer healthcare platform and a CDMO foothold in Europe's vitamins market.
- Parker Hannifin agrees US$2.55bn deal for CIRCOR AerospaceThe motion-control group is adding high-margin flight-critical valves and actuation parts as KKR carves up CIRCOR.
