M&A news archive: page 4 of 31
Every deal story we have published, newest first, with value and status. Updated every morning.
- Paramount completes US$110bn takeover of Warner Bros. DiscoveryThe combined group, renamed Skydance, closes the year's defining media deal after a late settlement with states.
- Emera agrees C$14.3bn all-stock deal for Canadian UtilitiesThe tie-up, with ATCO spinning off its non-utility arms, forms a North American utility with about C$72bn of enterprise value.
- CD&R and McKesson agree $5.8bn buyout of Option Care HealthA buyout firm and a drug distributor team up to take the infusion-services group private at a 37% premium.
- MetLife and CNP circle Prudential's Latin American unitsPrudential Financial's Brazilian and Mexican insurance units are drawing interest from MetLife and CNP in a sale worth about $3bn.
- Energy Transfer agrees $2.63bn deal for Vaquero MidstreamEnergy Transfer is buying Delaware Basin gas processor Vaquero Midstream for about $2.63bn in cash and units.
- Uber agrees $2.3bn cash deal for ezCaterUber will pay $2.3bn in cash for corporate catering marketplace ezCater.
- Persistent secures 94% of Nagarro in EUR81-a-share offerIndia's Persistent Systems secured 94% of Munich-based Nagarro in its €81-a-share takeover offer.
- Rheinmetall agrees in principle to take over Alstom's Kassel plantThe defence contractor eyes extra capacity as rail work winds down.
- Abu Dhabi's IRH approaches titanium miner KenmareThe Mozambique-focused producer confirms talks over a possible cash offer.
- Schneider Electric agrees $22.6bn cash takeover of PTCThe French industrial group is paying a 42% premium for the Boston design-software maker in the largest deal in its history.
- C.H. Robinson agrees $5.8bn cash-and-stock deal for RXOFreight broker C.H. Robinson agreed to buy rival RXO in a cash-and-stock deal valued at about $5.8bn.
- KKR agrees $5.1bn deal for fund administrator Gen IIKKR is buying private-fund administrator Gen II from Hg and General Atlantic at a $5.1bn enterprise value.
- Cenovus agrees C$5.7bn deal to buy Athabasca OilA cash-and-stock offer at C$12 a share consolidates more Alberta thermal oil production under Cenovus.
- Shionogi to buy IntraBio for about $2bnJapanese drugmaker Shionogi is buying US rare-disease specialist IntraBio for about $2bn.
- Nippon Paint buys AkzoNobel's Asia decorative paints arm for $1.35bnNippon Paint scaled back its ambitions and agreed to buy AkzoNobel's decorative paints arm in seven Asia-Pacific markets for $1.35bn.
- Suncor sells Newfoundland offshore stakes to Ithaca for C$1.2bnThe oil-sands major exits three Atlantic projects as Ithaca makes its first move beyond the North Sea.
- United Internet lifts 1&1 stake to 89% in €850m debt-for-equity swapThe parent edges toward the 90% threshold that opens squeeze-out options.
- Intesa sweetens Monte dei Paschi bid to about EUR35bn and wins Delfin's backingItaly's largest bank raised its cash offer as MPS investors prepare to vote on management's rival deals on Oct 29.
- Axis Capital mulls €1.74bn counterbid for PTSBAn unfunded rival approach tests BAWAG's agreed deal for the Irish lender.
- Niterra drops ¥180.6bn deal for Denso spark plug businessA long-delayed combination of Japan's two biggest spark plug makers collapses at Denso's request.
- Claro closes R$1.75bn Desktop purchaseAmerica Movil's Brazilian arm Claro closed its R$1.75bn purchase of fibre provider Desktop after antitrust approval.
- Flowco buys Canada's Lifting Solutions for US$113mThe deal broadens Flowco's artificial-lift product range.
- Greenbriar agrees to buy Spectrum Control from AEAA secondary buyout in defence RF electronics.
- Zurich completes £8.1bn takeover of BeazleyThe Swiss insurer has closed the year's biggest London insurance takeover, absorbing the Lloyd's specialist into its Global Specialty arm.
- Authentic Brands eyes takeover of MattelAuthentic Brands approached Barbie maker Mattel about a takeover that could top $20 a share, per the WSJ.
- onsemi switches to $5.7bn all-cash deal for SynapticsThe chipmaker reworked its June stock deal after an unnamed rival made an unsolicited approach.
- Transurban agrees A$4.5bn buyout of CPP's Sydney toll-road stakesThe toll operator tightens its grip on Sydney's motorway network as the Canadian pension fund exits.
- Lynas agrees A$968m takeover of Brazil-focused MeteoricThe largest rare earths producer outside China secures a heavy rare earths project in Minas Gerais.
- Nidec sells components unit to Carlyle for ¥103bnThe first major divestment in the motor maker's post-scandal restructuring.
- Fresenius takes full control of mAbxience for up to EUR750mFresenius took full ownership of biosimilars maker mAbxience by buying the remaining 45% for up to €750m.
