M&A news archive: page 24 of 31
Every deal story we have published, newest first, with value and status. Updated every morning.
- GIP buys airport equipment lessor TCR from 3i InfrastructureBlackRock's infrastructure arm adds a global aviation services platform as 3i Infrastructure exits a ten-year holding at a premium to book value.
- Estée Lauder agrees to take full control of Forest EssentialsThe US prestige beauty group moves from a 49% stake to outright ownership of India's leading Ayurvedic skincare brand, making India its largest emerging market.
- Shimizu to buy Okinawa base contractor American EngineeringThe Japanese general contractor targets US military and data-centre projects in Japan and Guam with a 60-year-old Okinawa specialist.
- Oura buys gesture-control start-up DoublepointThe Finnish smart-ring company wants its devices to take input from hand movements as well as track sleep and health.
- GenusPlus agrees up to A$55m deal for RailtrainThe power and telecoms infrastructure contractor buys scale in rail, adding about 300 staff across Western Australia, Queensland and New South Wales.
- Suzuki agrees to buy Kanadevia's solid-state battery businessThe kei-car and motorcycle maker gains a dry-process solid-state technology that has flown on the International Space Station.
- Rheinmetall takes majority stake in Croatia's DOK-INGThe German defence group gains a base for uncrewed ground vehicles in an EU and NATO member state, building on a partnership begun in 2024.
- Rosebank agrees US$3.05bn deal for CPM and MW ComponentsThe Melrose veterans behind Rosebank make their second and third acquisitions, buying two American Securities-owned manufacturers with a £1.9bn equity raise.
- Accenture agrees US$1.2bn deal for Speedtest owner OoklaThe consulting group is buying network-measurement data to sell into its AI work, while Ziff Davis cashes in a business that made 16% of its revenue.
- MSCI buys Swiss index calculator CompassThe index provider brings in-house a partner that already computes some of its benchmarks, adding commodities, digital assets and derivatives capabilities.
- Thoma Bravo to buy WWEX and merge it with AuctaneThe software investor pairs a freight and parcel broker with its shipping-software platform in a sponsor-to-sponsor deal.
- GIP and EQT agree $33.4bn take-private of AESThe all-equity deal is the year's largest infrastructure buyout so far and removes one of America's biggest power producers from the stock market.
- WCAS and Select Medical founders agree $3.9bn take-privateCo-founder Robert Ortenzio and Welsh Carson buy out public shareholders of the rehabilitation hospital group at an 18% premium.
- Soochow Securities moves to take control of Donghai SecuritiesTwo Jiangsu brokers backed by the Suzhou and Changzhou governments combine as Beijing pushes consolidation in a fragmented industry of more than 100 firms.
- Hudbay agrees US$1.48bn all-share deal for Arizona Sonoran CopperThe Toronto-based miner is assembling a copper district south of Phoenix by joining the Cactus project to its own Copper World development.
- SPIE agrees to buy German automation group ROFAThe French services company moves up the value chain in its largest market with a Bavarian builder of production and warehouse automation lines.
- Magellan agrees A$903m all-share merger with BarrenjoeyThe shrunken fund manager diversifies into investment banking and markets, and Barrenjoey's founders take the top jobs.
- Gyre agrees US$300m all-stock deal for CullgenThe China-focused fibrosis drugmaker adds a US protein-degrader pipeline after Cullgen's merger with Pulmatrix fell away.
- Helios launches hostile $297m bid for CAB PaymentsThe Africa-focused private equity investor already controls nearly half the payments group, but the independent board says its offer is opportunistic.
- RadNet buys Gleamer for up to €230mThe US outpatient imaging chain adds a French X-ray AI specialist to make its DeepHealth division the largest radiology clinical AI provider.
- Malibu Boats buys Saxdor Yachts for €150mThe Tennessee-based boatbuilder gets a European manufacturing footprint and a brand growing at about 65% a year in the adventure dayboat segment.
- Tilray buys BrewDog out of administration for £33mThe US cannabis and beverage group takes the Punk IPA brand and Scottish brewery as 38 BrewDog bars close.
- QBE agrees Rs324 crore deal to take full ownership of Raheja QBEThe Australian insurer buys out building-materials partner Prism Johnson, using India's new 100% foreign ownership rules for insurers.
- ServiceNow buys Israeli AI observability start-up TraceloopThe workflow software group adds runtime monitoring of AI agents, following its much larger Armis purchase and the Pyramid Analytics deal.
- CPP Investments and Equinix agree $4bn deal for atNorthPartners Group sells the Nordic AI-ready data centre platform to a pension fund and the world's largest colocation group, then buys back in.
- BG Container Glass takes control of Bangkok Can from Toyo SeikanThe Thai glass-bottle maker moves into aluminium cans as the Japanese packaging group reduces its stake in the Pathum Thani plant to a minority.
- Mitsubishi Heavy Industries buys Swiss turbine service firm AST TurboThe Japanese group's compressor arm takes over a long-standing field-service partner to strengthen its maintenance network outside Japan.
- Brink's agrees US$6.6bn deal for NCR AtleosThe cash-logistics group adds the world's largest independent ATM network, betting on recurring outsourcing revenue as payments shift between physical and digital.
- Asahi Kasei agrees €780m deal for AiCurisThe Japanese group buys the German antiviral specialist behind PREVYMIS to deepen its transplant-medicine franchise in the US.
- Gallagher buys Bremen industrial broker KroseThe acquisition adds a century-old corporate insurance and reinsurance broker to Gallagher's growing German business.
