M&A news archive: page 28 of 31
Every deal story we have published, newest first, with value and status. Updated every morning.
- SpaceX buys xAI in record US$250bn share dealElon Musk folds his AI developer, and with it the X platform, into the rocket and satellite company ahead of a planned stock market listing.
- Nine agrees A$850m deal for QMS MediaThe broadcaster swaps radio for digital billboards, betting outdoor advertising will hold up better against global platforms and AI.
- Reddy Ice buys Arctic Glacier from CarlyleThe SCI-owned packaged-ice leader adds Canada to its footprint and sells four plants to satisfy US antitrust enforcers.
- VSE agrees US$2bn deal for Precision Aviation GroupThe aftermarket distributor and repairer is buying a GenNx360-backed MRO network that lifts its revenue by about half.
- Apax walks away from £575m Pinewood.AI approachThe buyout firm cited challenging market conditions as listed software valuations slid, two weeks after its interest became public.
- Stanley Electric agrees ¥70bn deal for Iwasaki ElectricThe automotive lamp specialist is buying its way into public infrastructure, factory and ultraviolet lighting from a Carlyle-controlled seller.
- BAM buys Dutch housebuilder Gebroeders BloklandThe acquisition lifts BAM's annual housing development potential by about a tenth and gives its timber-frame Flow concept new sites.
- Upstage agrees share-swap takeover of Daum operator AXZKakao steps out of the portal business it entered in 2014, while the AI start-up gains decades of Korean-language content for training its models.
- Carlyle's deal for Lukoil's foreign assets lapses without US approvalThe sanctioned Russian oil group had picked the US buyout firm for its international holding company, but OFAC never signed off.
- Stonepeak pays US$2.4bn for 25% of CMA CGM terminals ventureThe infrastructure investor backs a portfolio of gateway container terminals from Los Angeles to Vietnam, while the French carrier keeps control.
- Sword Health buys Munich's Kaia Health for $285mThe Portuguese-founded AI physiotherapy start-up uses its largest deal to enter Germany's digital-health reimbursement system.
- British Land agrees £150m deal for Life Science REITThe FTSE 100 landlord buys five Golden Triangle assets at a discount to book value as it targets science and technology occupiers.
- ANTA buys Pinault family's 29% Puma stake for €1.5bnThe Chinese sportswear group becomes Puma's largest shareholder at a 62% premium, but rules out a full takeover.
- Millicom wins auction for EPM's stake in Tigo ColombiaBuying out the Medellín municipal utility clears the way for Millicom to fold Tigo and Movistar Colombia into a single operator.
- Zijin Gold's C$5.5bn takeover of Allied Gold collapsesThe Chinese miner agreed a record-price cash bid for Allied's African mines in January, but walked away in July and settled for a 9.2% stake.
- Leidos agrees US$2.4bn deal for ENTRUST SolutionsThe defence and government IT contractor is doubling down on grid and gas engineering as utilities race to meet rising power demand.
- IonQ agrees US$1.8bn deal for chip foundry SkyWaterThe quantum computing company wants its own trusted US fab to speed up development of fault-tolerant machines.
- Křetínský's EP Group bids for control of Fnac DartyThe French retailer's top shareholder offers €36 a share, a modest 19% premium, without seeking to delist the group.
- CVC agrees up-to-US$1.2bn deal for Marathon Asset ManagementThe Amsterdam-listed private-markets group pays mostly in its own equity to build scale in US private credit.
- Goldgroup agrees US$372m all-share deal for Gold ResourceAdding the Don David mine to Cerro Prieto gives the TSX Venture junior a two-mine, silver-heavy Mexican production base.
- Waaree Renewable buys 55% of Associated Power Structures for ₹1,225 croreThe solar contractor is moving into transmission towers as India races to build the grid lines needed to carry new renewable capacity.
- EFG International buys Zurich private bank Quilvest SwitzerlandThe Swiss wealth manager adds a Latin America-focused UHNW franchise from the Bemberg family in an all-cash deal.
- OVHcloud buys encryption specialist SealdThe French cloud group adds certified 'zero knowledge' encryption to its sovereign-cloud pitch.
- Senko launches ¥16.7bn tender offer for MaruwnThe logistics group buys into chemical and heavy-cargo transport, with JX Metals staying on as a minority partner.
- Nissha agrees to buy control of Vietnam's USM HealthcareThe Japanese manufacturer wanted a low-cost Asian base for medical-device contract manufacturing; four months after closing it decided to walk away.
- Chery agrees to buy Nissan's Rosslyn plant in South AfricaThe Chinese carmaker takes over a factory Nissan could no longer fill, while the Japanese group keeps selling cars in the country as an importer.
- Janus Henderson buys Richard Bernstein AdvisorsThe asset manager adds a $20bn macro and model-portfolio specialist, lifting it into North America's top ten model providers.
- Capital One agrees US$5.15bn deal for BrexThe card issuer buys an AI-driven spend-management platform to accelerate its push into business payments; the deal closed within three months.
- EQT agrees US$3.2bn all-share deal for Coller CapitalThe Swedish manager buys its way into private-markets secondaries, a segment that grew 41% in 2025.
- Clorox agrees US$2.25bn deal for Purell maker GOJOThe bleach and wipes group is adding the leading hand sanitiser brand and a large professional dispenser network to its health and wellness arm.
