M&A news archive: page 40 of 40
Every deal story we have published, newest first, with value and status. Updated every morning.
- 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.
- 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.
- Bridgepoint buys control of Interpath from H.I.G.The London-listed investor backs the KPMG restructuring spin-off's international expansion, handing H.I.G. a full exit after five years.
