M&A news archive: page 30 of 31
Every deal story we have published, newest first, with value and status. Updated every morning.
- EQT abandons pursuit of Oxford BiomedicaThe board rejected four approaches from the Swedish investor's flagship fund as undervaluing the cell and gene therapy manufacturer.
- JD Logistics takes Deppon private in RMB3.8bn buyout of minoritiesFour years after buying control, JD is removing the freight carrier from the Shanghai market to fold its truckload and bulky-goods network fully into its own.
- CrowdStrike agrees to buy Israel's Seraphic SecurityThe cybersecurity group is pushing its Falcon platform into the browser, where it says most of the working day and a growing share of AI-agent activity now takes place.
- Sunway launches RM11bn takeover bid for IJMJeffrey Cheah's conglomerate sought to fold its listed rival into a national construction and property champion, mostly paying in its own shares.
- Smith+Nephew agrees up to US$450m deal for Integrity OrthopaedicsThe British devices group adds a micro-anchor rotator cuff repair system to a shoulder line-up built around REGENETEN.
- Boston Scientific agrees to buy eCoin maker Valencia TechnologiesA coin-sized ankle implant gives Boston Scientific's urology unit a foothold in tibial nerve stimulation, where Medtronic is also competing.
- Bourns bids NZ$356m for RakonThe Californian component maker locked up Rakon's founding family and Taiwanese shareholder before taking New Zealand's best-known high-tech manufacturer off the NZX.
- Bravedo leads takeover of Nordic serviced-apartment group ForenomThe Finnish services conglomerate becomes the largest owner of a company it helped found, as CapMan's 2012 buyout fund makes its last exit.
- Warburg Pincus buys APG's 41% of Lemon Tree's hotel armThe US investor replaces the Dutch pension manager in Fleur Hotels as Lemon Tree splits its business in two ahead of a separate listing.
- CrowdStrike agrees US$740m deal for identity start-up SGNLThe cybersecurity group is betting that AI agents will need the same continuous access checks as its most privileged human users.
- AEON bids ¥3.2bn to take full control of SundayThe retail group is ending a parent-subsidiary listing so it can merge the loss-making home-centre chain's strengths with its own supermarkets in Tohoku.
- Snowflake agrees to buy observability platform ObserveThe data cloud group is moving into IT operations software with a start-up that was built on its own platform and led by one of its directors.
- Etraveli buys Israeli flight-pricing AI firm WenrixThe online travel group deepens a partnership with a profitable start-up whose algorithms process billions of fare quotes a day.
- Rio Tinto and Glencore talks on mining mega-merger collapseA combination that would have created the world's largest miner foundered on ownership split and the value of Glencore's copper assets.
- Lilly agrees US$1.2bn deal for Ventyx BiosciencesThe deal gives Lilly a portfolio of oral NLRP3 inhibitors aimed at inflammation in heart, brain and gut disease.
- D-Wave agrees US$550m deal for Quantum CircuitsThe annealing specialist is buying its way into error-corrected gate-model quantum computing, promising a first system within the year.
- I Squared agrees to buy Ramudden Global from TritonThe infrastructure fund backs a roll-up of road-safety and traffic-management businesses that Triton assembled over eight years.
- Hg takes OneStream private in US$6.4bn dealThe London buyout firm paid a 31% premium for the CFO software platform, handing KKR a full exit 17 months after the listing.
- AB InBev buys back US can plants stake from Apollo group for about US$3bnThe brewer is reclaiming full ownership of the packaging network it part-sold in 2020 to cut debt, as tariffs push up metal costs.
- Mobileye agrees US$900m deal for humanoid robot maker MenteeThe self-driving chip group is buying a start-up chaired by its own chief executive, betting that its driving AI can be carried over into humanoid robots.
- Amgen buys UK protein-degrader biotech Dark Blue for up to $840mThe deal adds a first-in-class leukaemia programme to Amgen's early oncology pipeline.
- Marvell agrees US$540m deal for switch chip maker XConnThe chipmaker is adding PCIe and CXL switches and a team of engineers to its push into scale-up networking for AI clusters.
- Tosei funds' ¥58bn bid for Sankei Real Estate failsThe take-private of the Fuji Media-sponsored office REIT, launched at a 21% premium, fell short of its 53% minimum after a four-month offer period.
- Accenture buys UK AI specialist FacultyThe consultancy takes on Faculty's 400-strong team and makes its chief executive group CTO as it deepens its applied-AI bench.
- SGH and Steel Dynamics make A$13.2bn break-up bid for BlueScopeThe plan would have split Australia's largest steelmaker between Ryan Stokes's industrial group and a US rival, but BlueScope's board refused to engage on price.
- Vistra agrees US$4bn deal for Cogentrix gas fleetThe Texas power group adds 5,500MW of modern gas plants across three of the fastest-growing US grids, paying Quantum partly in its own shares.
- Jacobs takes full control of PA Consulting in £1.2bn dealThe US engineering group values the London consultancy at about £3bn as it pushes further into advisory, AI and life-sciences work.
- Universal Music takes 30% of Bollywood studio ExcelThe record company is buying into a film producer to get its hands on Indian soundtracks, the genre that dominates the country's music market, from the earliest stage of production.
- Benteler buys Deutsche Bahn's ioki for autonomous mobility pushThe metal-processing group pairs ioki's routing software with its HOLON shuttles to sell cities a single package for driverless public transport.
- Apax buys into India's iD Fresh FoodThe buyout firm takes a secondary stake from Premji Invest and TPG NewQuest in the country's largest ready-to-cook fresh-food brand.
