M&A news archive: page 42 of 43
Every deal story we have published, newest first, with value and status. Updated every morning.
- 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.
- 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.
