M&A news archive: page 2 of 31
Every deal story we have published, newest first, with value and status. Updated every morning.
- WaveDivision-led group agrees to buy EarthLinkThe internet pioneer, carved out by Trive Capital in 2019, now resells fibre and 5G access to more than 500,000 customers.
- International Paper in talks with bidders for DS Smith-based EMEA packaging armThe US group is weighing a sale alongside its planned London listing of the business, with Lone Star and Atlas Holdings reported to be circling.
- A.P. Moller Capital agrees to buy port operator Portek from MitsuiThe Danish infrastructure investor is adding seven terminals across Africa, Europe and South-east Asia to a fast-growing ports and logistics portfolio.
- Ambienta buys majority of Italian vegetation-machinery maker Energreen21 Invest exits control of the Vicenza-based group after four years, keeping a minority stake alongside the founder.
- SITA agrees to buy Collins Aerospace's airport technology businessThe air transport IT provider adds check-in, bag-drop and airport operations systems from RTX's Collins unit.
- Faraday Copper completes all-share purchase of BHP's San Manuel projectBHP becomes Faraday's largest shareholder with about 32% as the explorer assembles a multi-asset copper district in Arizona.
- TNS acquires netnumber in Abry Partners exitThe Koch-owned network provider adds number intelligence and registry services to fight communications fraud.
- Roku and Fox shareholders back US$22bn streaming mergerBoth shareholder votes are now done, so the cash-and-stock deal depends on the Justice Department's in-depth antitrust review.
- Mubadala Capital completes $6.2bn take-private of Clear Channel OutdoorThe billboard operator leaves the New York Stock Exchange and installs Wade Davis as chief executive.
- Fairfax wins $5.6bn auction for control of India's IDBI BankThe Canadian insurer bid ₹81 a share for a 60.72% stake in the state-backed bank and plans to fold its Digit insurance businesses and IIFL Capital into the bank.
- Flex completes US$4.4bn EPC Power deal ahead of power unit spin-offThe electronics manufacturer adds grid-forming and 800V power conversion technology to the data-centre business it plans to list next year.
- Galderma agrees $1.5bn deal for Blackstone-backed ZO Skin HealthThe Swiss group adds a physician-dispensed skincare brand and plans to step up investment to restore its growth.
- Lufthansa wins race for TAP Air Portugal stake with €1bn-plus offerPortugal picks the German group over Air France-KLM for a 44.9% minority holding in its flag carrier.
- Aegis Logistics agrees US$809m deal for control of Dubai's TristarThe Indian LPG and bulk-liquids handler buys out Agility's long-held energy logistics group to build an international platform.
- Telecom Argentina sells 6m mobile customers to Metrotel for US$450mThe antitrust remedy creates a third large mobile operator in Argentina under the Tuenti brand.
- VINCI Energies completes €336m takeover of All for OneThe French group now holds 87.33% of the German SAP services specialist, bolstering its Axians digital arm.
- GEN agrees $100m sale of 47 Korean BBQ restaurants to Chubby GroupThe Nasdaq-listed group exits restaurant operations to become a packaged-food brand.
- Aurora board rejects Curaleaf's sweetened $5-a-share hostile bidThe Canadian cannabis producer says the revised offer still undervalues it and tells shareholders to take no action while it explores alternatives.
- Peel passes 75% of Harworth and moves to delist the regeneration groupAcceptances of the unconditional 187p offer give Peel enough support to cancel Harworth's London listing and take it private.
- Kraken parent Payward agrees to buy Lithuania's Saldo BankThe deal would hand the crypto group an EU banking licence for deposits and lending.
- World and TSI agree merger to form Japan's third-largest fashion groupThe all-share deal creates a holding company, Infinity United, with combined sales of about ¥451bn.
- AIMCo joins Equitix-led group in taking 50% of Viridor from KKRThe Canadian pension investor makes its first energy-from-waste investment as KKR shares control of the UK's largest operator.
- National Bank of Greece agrees to buy 30% of Allianz GreeceThe share purchase comes with an exclusive bancassurance tie-up through Greece's largest bank network from early 2027.
- EDF agrees to sell hydrogen unit Hynamics to Hy24The Ardian-backed hydrogen fund takes over EDF's French and British low-carbon hydrogen projects.
- EU clears Kimberly-Clark's US$48.7bn Kenvue deal after Kotex saleBrussels waves through the consumer health takeover in Phase I once the Huggies maker agrees to sell its European tampon and feminine hygiene brands.
- LSEG confirms talks to buy Octus from Permira for about $3.5bnThe exchange group's data arm would add a specialist in credit and restructuring intelligence, but investors marked its shares down sharply.
- AT&T agrees US$2bn sale of Mexican mobile unit to Televisa and FintechThe US carrier exits Mexico after more than a decade to focus capital on fibre and 5G at home.
- Ithaca Holdings agrees $1.3bn take-private of BumbleThe new holding company's founders will run the dating app as co-chief executives after a deal more than doubling its unaffected share price.
- Rhône sells Paragon Films to Atlantic Ridge and Grafine for about $900mThe stretch-film maker becomes the debut investment of a new middle-market buyout firm backed by Grafine.
- Shinhan agrees ₩693bn deal for JKL's Lotte Non-Life InsuranceSouth Korea's largest financial group by assets adds the country's seventh-largest non-life insurer to bolster its non-banking business.
