M&A news archive: page 23 of 31
Every deal story we have published, newest first, with value and status. Updated every morning.
- Petrobras pre-empts Brava with US$450m deal for Petronas's Campos Basin stakesThe Brazilian state oil group used its partner's right of first refusal to regain full control of two producing offshore fields.
- Bain Capital agrees A$500m carve-out of Perpetual's wealth armThe sale simplifies the Australian financial group, which later drew repeated takeover approaches from EQT.
- StoneX abandons rival bid for CAB PaymentsThe US broker's higher proposal won over CAB's independent directors but could not get past the Helios-led consortium that controls the biggest stake.
- AeroVironment buys ESAero for about US$200mThe defence technology group adds design-to-production capacity for drones and loitering munitions on California's Central Coast.
- WisdomTree buys Atlantic House for £150mThe ETF sponsor buys a UK defined-outcome specialist to seed a wave of new active products.
- Nissin Foods to take control of Philippine noodle venture with URCThe Cup Noodle maker moves to 70% of its 49%-owned joint venture to push harder in one of the world's biggest instant-noodle markets.
- Ramp buys Stockholm payments firm BillhopThe US$32bn fintech acquires a licensed European payments platform to challenge Brex in the UK and EU.
- Oaktree agrees to take control of A-CAP's Atlantic Coast LifeThe alternative investment manager steps in at an insurer group shaken by its ties to collapsed investment firm 777 Partners, but regulators have since moved in.
- Savills agrees US$1.1bn deal for Eastdil SecuredThe London-listed adviser is buying the leading US real estate investment bank to scale up in North America, paying partly in shares.
- Publicis buys Israeli creative-analytics firm AdgeAIThe French advertising group adds predictive content measurement to its AI production engine; the bootstrapped start-up never raised outside capital.
- Energy Aspects agrees to buy satellite analytics firm KayrrosThe London research house adds earth-observation data to measure energy demand directly, as geopolitical shocks raise demand for verified intelligence.
- ArcLight buys InfraBridge's half of 5.4GW Invenergy power portfolioThe infrastructure investor bets that dispatchable gas plants will be needed to meet AI-driven electricity demand.
- Cintas agrees US$5.5bn deal for UniFirstThe largest US uniform-rental company is combining with its closest listed rival, putting the deal before both US and Canadian competition authorities.
- Leonardo agrees to buy UK cyber firm BecryptThe Italian defence group adds a supplier of Top Secret-grade data protection to the Ministry of Defence, deepening its Five Eyes cyber presence.
- Stonepeak to take control of Google Fiber in Astound mergerAlphabet steps back from running its own fibre network as an infrastructure investor builds one of the largest independent US broadband operators.
- KPS takes control of ground support maker JennmarThe manufacturing-focused buyout firm backs a century-old supplier to mines, tunnels and solar farms.
- Blackstone backs data centre cooling specialist ACTThe energy transition fund buys into a Pennsylvania engineer riding demand for cooling of AI chips.
- Rostam Aziz's Taarifa agrees to buy control of Nation Media GroupThe Aga Khan Fund sells the holding company behind East Africa's largest media house to a Tanzanian businessman, prompting debate about editorial independence.
- Shell sells Jiffy Lube to Monomoy for $1.3bnThe oil major offloads the quick-lube chain it no longer sees as core, while locking in Jiffy Lube as a long-term buyer of Pennzoil and Quaker State oil.
- Agilent agrees US$950m deal for Biocare MedicalThe lab-equipment group adds a fast-growing pathology antibody portfolio, handing Excellere and GHO Capital an exit.
- UHS agrees US$835m deal for TalkspaceThe hospital group adds a national virtual-therapy network to its inpatient behavioural health business.
- Zurich agrees €337m deal for Generali's Irish insurer RedClickThe Swiss insurer climbs into Ireland's top three while Generali trims a non-core market under its Lifetime Partner 27 plan.
- Pan African agrees A$311m all-share deal for Emmerson ResourcesThe Johannesburg- and London-listed gold producer consolidates the Tennant Creek field in Australia's Northern Territory and gains an ASX listing in the process.
- Sumitomo Mitsui Construction bids ¥8.6bn to take road unit privateThe bridge builder, now owned by Infroneer, folds in its paving affiliate to win more public works and cut listing costs.
- OpenAI agrees to buy AI security start-up PromptfooThe ChatGPT maker is bringing in a red-teaming toolkit used across the Fortune 500 to make agents on its Frontier enterprise platform safer to deploy.
- EQT buys 42% of Yorkshire Water parent KeldaThe Swedish investor becomes a joint-largest shareholder in a UK water company facing an £8.3bn spending programme and a looming debt deadline.
- Lone Star agrees CHF2.3bn carve-out of Lonza's capsules armThe sale completes Lonza's turn into a pure-play contract drug manufacturer, while leaving it a 40% stake and a preferential share of any upside.
- Servier agrees US$2.5bn deal for Day One BiopharmaceuticalsThe foundation-owned French group buys a marketed paediatric brain-tumour drug to build its rare-oncology franchise in the United States.
- Axel Springer agrees £575m deal for the TelegraphThe German publisher fulfils a 20-year ambition and plans to use Politico and Business Insider to take the centre-right title into the US.
- Denso's reported ¥1.3tn approach for Rohm ends without a dealToyota's biggest parts maker wanted control of a power-chip supplier; Rohm's independent committee never came round, and Denso walked away within eight weeks.
