M&A news archive: page 29 of 31
Every deal story we have published, newest first, with value and status. Updated every morning.
- OEP takes Kitwave private in £251m dealThe AIM-listed delivered wholesaler accepted a 33.5% premium, citing constraints on deal-making and leverage as a public company.
- PayPal agrees to buy Israeli commerce start-up CymbioThe payments group is buying the technology behind Store Sync, its tool for getting merchants' catalogues in front of shoppers using AI assistants.
- Deutsche Börse agrees €5.3bn takeover of AllfundsThe exchange operator will fold the Madrid-based fund platform into Clearstream's fund services arm, in its biggest deal to date.
- Nedbank bids R13.9bn for control of Kenya's NCBAThe South African lender, which has only a representative office in East Africa, would gain a bank with six markets and more than 60 million customers.
- Energy Fuels agrees A$447m takeover of ASMThe Colorado group adds a working rare earth metals plant in South Korea and the Dubbo project to its Utah processing base.
- VertiGIS agrees £87m takeover of 1SpatialThe Battery Ventures-backed GIS group adds a location master-data platform and a foothold in the UK, France and Benelux.
- Next buys Russell & Bromley brand out of administrationThe retailer adds another heritage label to its stable of rescued brands, taking just three of the shoe chain's shops.
- Airwallex buys Korea's Paynuri to enter the marketThe fintech gains local licences so it can serve Korean exporters and foreign firms operating in Korea without relying on third-party intermediaries.
- GSK agrees US$2.2bn deal for food allergy biotech RAPTThe British drugmaker is betting a quarterly anti-IgE injection can widen protection beyond patients served by existing therapies.
- Inspira Global takes control of Burger King India operatorThe Agrawal family group is pairing its Chinese Wok chain with more than 575 Burger King outlets as Everstone ends a 12-year run with the franchise.
- VINCI buys Fletcher Construction for NZ$316mFletcher Building exits contracting to become a pure building-products group, while VINCI becomes one of New Zealand's largest infrastructure builders.
- Docebo buys French skills-intelligence platform 365TalentsThe learning-software group wants skills data to trigger training and internal mobility rather than measure course completions.
- Houlihan Lokey takes control of French adviser Natixis PartnersThe US investment bank adds a mid-cap M&A team serving French sponsors, entrepreneurs and family businesses.
- CTG Duty Free buys DFS's Hong Kong and Macau businessChina's state-controlled duty-free leader takes over LVMH's travel retail stores in the two gateway cities, while LVMH and the Miller family take a small stake in the buyer.
- Betterware agrees US$250m deal for Tupperware's Latin American armThe Mexican direct seller wants to repeat its Jafra turnaround on a business whose sales have shrunk since Tupperware's restructuring.
- KKCG launches partial bid to double Ferretti stakeThe Czech investor sought to move just below the 30% takeover threshold to back its own board slate at the Italian yacht maker.
- Hera buys water-treatment group Sostelia for €138mThe Italian multi-utility becomes the country's leading player in industrial water treatment with a deal priced below its own trading multiple.
- MOL signs binding outline deal for Gazprom Neft's NIS stakeThe Hungarian group moved to take control of Serbia's sanctioned oil company, but US approval and a final contract have proved slow to secure.
- Mitsubishi agrees US$7.5bn Haynesville gas deal with AethonThe Japanese trading house enters US shale with a 2.1 Bcf/d producer close to the Gulf Coast LNG terminals it already uses.
- TransDigm agrees US$2.2bn deal for two aftermarket parts makersThe aerospace components group is buying a pair of PMA specialists that sell cheaper alternatives to original-manufacturer parts.
- Henkel buys Swiss tape maker ATP from ArsenalThe deal gives Henkel's Adhesive Technologies unit a platform in water-based specialty tapes, a market it says is growing faster than tapes overall.
- Boston Scientific agrees US$14.5bn deal for PenumbraThe largest medtech deal of the year so far gives Boston Scientific the leading thrombectomy business, but it has drawn an in-depth FTC review.
- Talen agrees US$3.45bn deal for ECP's Ohio and Indiana gas plantsThe power producer roughly doubles its expected output within two years and turns its seller into a 5% shareholder.
- Worthington Steel agrees €2.1bn takeover of Klöckner & CoThe Ohio-based processor gains a European platform as Klöckner's anchor shareholder backs an offer at nearly double the undisturbed price.
- SF Holding and J&T agree HK$8.3bn cross-shareholdingChina's premium courier takes 10% of its fast-growing budget rival as both chase Chinese exporters and cross-border e-commerce abroad.
- Parsons buys Altamira in deal worth up to US$375mThe defence contractor adds 600 mostly cleared staff and a signals intelligence franchise aimed at the US intelligence community.
- Indian Hotels takes 51% of boutique chain Brij for up to ₹225 croreTaj's owner is buying into a young brand of heritage and boutique properties in leisure destinations as it chases a 700-hotel target.
- Cloudflare buys AI data marketplace Human NativeThe web infrastructure group wants to give publishers a paid route into AI training data instead of scraping.
- Playlist and EGYM merge in US$7.5bn fitness-technology dealAffinity Partners leads $785m of new equity to combine the owner of ClassPass and Mindbody with a German maker of smart strength machines.
- State Street buys into Groww's mutual fund arm for ₹580 croreThe US asset manager takes almost a quarter of the economics of India's fast-growing online fund house but less than 5% of the votes, leaving Groww in control.
