M&A news archive: page 19 of 31
Every deal story we have published, newest first, with value and status. Updated every morning.
- Ligand agrees US$739m takeover of XOMA RoyaltyThe deal combines two biotech royalty aggregators into a portfolio of more than 200 assets.
- Triton-backed consortium bids SEK 2bn to take Cint privateLargest shareholder Bolero teams up with Triton's sixth fund to buy out the Swedish research technology group at a one-third premium.
- Lilly agrees up-to-US$2.3bn deal for JAK2 specialist AjaxLilly buys out a biotech it helped found to push a next-generation myelofibrosis drug into registrational trials.
- Stonepeak and Bernhard agree to buy Louisiana utility Cleco from Macquarie groupThe sale ends a decade of ownership by a Macquarie-led consortium that invested about US$3bn in the Pineville-based power company.
- Sun Pharma agrees US$11.75bn takeover of OrganonIndia's largest drugmaker buys the Merck women's health spin-off, which agreed to sell after a review of strategic alternatives.
- SLB agrees to buy S&P Global's upstream software portfolioThe oilfield services group adds Kingdom, Petra and other shale workhorse tools to its digital platform.
- J&J agrees to buy left-heart access specialist Atraverse MedicalThe deal brings a radiofrequency transseptal device, and Farapulse's inventor, into J&J's cardiac ablation business.
- Cohere agrees to combine with Aleph AlphaThe Canadian AI developer joins forces with a German language-model developer to build a sovereign AI group with dual headquarters in Toronto and Berlin.
- Porsche sells Bugatti Rimac stakes to HOF Capital-led consortiumThe carmaker exits its hypercar joint venture to focus on its core business, handing Mate Rimac's group full control of Bugatti.
- Adyen agrees €750m deal for Talon.OneThe payments group buys a Berlin promotions engine so merchants can recognise shoppers and tailor offers at the point of payment.
- IKS Health agrees to buy rural hospital software provider TruBridgeThe Indian healthcare services group moves into rural and community hospitals in the US with an all-cash deal.
- Helix and Hornbeck Offshore agree all-stock combinationThe deal joins a well intervention and subsea robotics specialist with a fleet of high-specification offshore support vessels.
- Cyera buys Israeli AI data-lake start-up RyftThe US$9bn security company wants to control how AI agents reach enterprise data, not just catalogue it.
- Apollo agrees to buy KKR's 40% stake in Pembina Gas InfrastructureThe sponsor-to-sponsor deal hands KKR an exit from the western Canadian gas processing joint venture it co-founded with Pembina in 2022.
- Amneal agrees up-to-US$1.1bn deal for biosimilars maker KashivThe New Jersey generics group buys its long-time development partner to build an integrated biosimilars business.
- TMX agrees US$300m deal for Cboe's Australian and Canadian exchangesThe Toronto bourse operator is buying a licensed Australian listings venue to bring together two of the world's biggest mining finance markets.
- Arum and Dompé take B.F. to 88% with €666m offerThe agrifood group's two anchor shareholders lock in control without taking the Milan-listed company private.
- Nojima agrees ¥110bn deal for Hitachi's home appliance businessThe Japanese electronics chain is moving from selling Hitachi refrigerators and washing machines to making them, while Hitachi narrows its focus to infrastructure.
- Enagás agrees €573m deal for 31.5% of TerégaThe Spanish grid operator buys into the French network it already connects to across the Pyrenees, taking GIC's stake.
- Airbus agrees deal for French cybersecurity firm QuarkslabThe aerospace group's defence arm signs its second cyber acquisition in under a month, buying a Tikehau-backed specialist in software protection.
- Lilly agrees up-to-US$7bn deal for in vivo CAR-T developer KeloniaThe drugmaker pays US$3.25bn upfront for a platform designed to turn patients' own T-cells into cancer killers inside the body.
- CICT agrees S$3.9bn purchase of Orchard Road's ParagonSingapore's biggest commercial REIT is swapping a leasehold Marina Bay office tower for a freehold mall with a large medical component.
- USA Rare Earth agrees US$2.8bn deal for Brazil's Serra VerdeThe Oklahoma magnet maker buys a producing rare earth mine outside China, with US government-backed financing and offtake behind the project.
- Blue Owl agrees US$2.4bn take-private of healthcare REIT SilaThe alternative asset manager adds a 137-property medical real estate portfolio to its net lease business at a 19% premium.
- IG4-advised fund agrees to take control of Braskem from NovonorThe debt-for-equity transfer ends Odebrecht's long reign over Latin America's largest petrochemicals producer and creates shared control with Petrobras.
- AirTrunk enters India with purchase of Blackstone's Lumina CloudInfraThe Blackstone- and CPP-backed operator folds in a 600MW Indian pipeline, taking its platform past 3GW across six Asia-Pacific markets.
- QXO agrees US$17bn takeover of TopBuildBrad Jacobs's roll-up adds North America's largest insulation installer and distributor, its biggest purchase since Beacon Roofing Supply.
- Orient Securities moves to absorb Shanghai Securities in RMB25bn dealShanghai's state-owned brokers are consolidating as Beijing pushes for fewer, bigger securities firms.
- Bouygues, Iliad and Orange agree €20.35bn carve-up of SFRFrance's three other mobile operators would divide Altice France's customers and networks between them, returning the market to three players.
- NX Group agrees C$1.8bn takeover of Canada's Metro Supply ChainThe Japanese logistics group's largest deal gives it a contract logistics platform across Canada, the US and the UK.
