M&A news archive: page 7 of 31
Every deal story we have published, newest first, with value and status. Updated every morning.
- Ingenia agrees A$992m deal for PeetThe land-lease operator wants Peet's 26,000-lot pipeline to feed its rental villages, but a rival approach from Warburg Pincus hangs over the deal.
- McKesson agrees US$2.25bn deal for Precision Medicine GroupThe drug distributor is pushing further into oncology services by buying a clinical trial and commercialisation specialist.
- KKR agrees to buy Japanese beauty group Ci FLAVORSL Catterton exits the &honey maker four years after investing, with KKR planning to push its brands further overseas.
- TCS agrees €320m deal for Porsche's MHPPorsche sheds its consulting arm to focus on cars, while the Indian IT group gains German automotive expertise and a large anchor contract.
- Infineon completes deal for C2i SemiconductorsThe German chipmaker adds Indian expertise in digital power control to its push to supply AI data centres from grid to processor.
- MatsukiyoCocokara agrees deal for John Masters Organic ownerOne of Japan's largest drugstore groups adds a premium organic beauty brand to its 'federation' of partner companies, giving Aspirant Group an exit.
- Monte dei Paschi launches €25.3bn exchange offer for Banco BPMThe Siena bank, itself under offer from Intesa Sanpaolo, is trying to build a third Italian banking pole with Banco BPM and Banca Generali.
- Monte dei Paschi bids €8.7bn for Banca GeneraliThe offer, unsolicited by Banca Generali's board, is pitched as a first step towards a wider industrial partnership with the Generali group.
- Dragoneer, KKR and Amwins agree A$7.7bn Steadfast buyoutThe consortium will split the insurance broker network, keeping the broking business and passing the underwriting agencies to Amwins.
- Chandra Asri agrees S$265m deal for Cycle & Carriage in Singapore and MalaysiaJardine's listed motor arm exits its legacy dealerships to concentrate on Indonesia and Vietnam, handing the brand to an Indonesian energy and chemicals group.
- PATEO agrees RMB 800m deal for control of Seagull ResidentialA Shanghai car-connectivity group is taking over an exporter of taps and bathroom fittings, promising no backdoor listing for three years.
- Holcim agrees €840m deal for FermacellThe Swiss building materials group adds fibre gypsum and fire-protection boards to its Building Solutions arm as James Hardie leaves European fibre cement.
- Indo Borax agrees INR 2.5bn deal for control of Kronox Lab SciencesThe boron chemicals specialist is diversifying into high-purity excipients and reagents by buying a newly listed Gujarat manufacturer.
- Ridgeview agrees £545m takeover of Pinewood.AIThe US growth investor is backing the dealer software group's North American expansion, with holders of about 45% of the shares committed to the deal.
- Munich Re agrees US$575m deal for At-BayThe reinsurer is buying a cyber insurtech that pairs policies with security monitoring, at well below its 2021 funding valuation.
- Stripe agrees to buy AI router OpenRouterThe payments group is betting that companies will pay for software that steers each AI request to the cheapest suitable model.
- EQT agrees to take majority stake in Melbourne StormThe Swedish investor, which owns IMG Academy, is backing one of Australian sport's most successful clubs.
- Francisco Partners agrees US$650m take-private of WeaveThe vertical software specialist is betting on AI and payments tools for independent healthcare practices.
- BioMarin agrees US$275m upfront deal for Alesta TherapeuticsThe rare-disease specialist adds an oral candidate for hypophosphatasia, a market today served by injectable enzyme therapy.
- Goldman Sachs agrees up-to-US$410m deal for LCN Capital PartnersThe bank's asset manager adds a net lease specialist, its second boutique purchase in a week after NEOS.
- Wipro Consumer Care agrees deal for control of DermatouchWipro's consumer arm makes its first digital-native acquisition, buying into India's shift towards dermatologist-style skincare.
- Medbase takes control of ArdentisThe Migros healthcare arm expands its dental business into French-speaking Switzerland as Columna Capital exits after six years.
- Madison Air agrees US$5.4bn deal for ebm-papstThe US group gains Europe's best-known fan maker and its data-centre cooling business; the founding families exit after six decades.
- Deutsche Telekom agrees €1bn deal for Fiberhost and INEABuying Macquarie's Polish fibre assets moves T-Mobile Polska from a mobile-only operator to one that can bundle fixed and mobile services.
- TTM agrees US$1.1bn deal for Epiq SolutionsThe circuit board maker is moving up the defence value chain by adding software-defined radios for electronic warfare.
- OceanaGold agrees A$776m deal for AusgoldThe Canadian-listed producer is paying mainly in shares for a Western Australian development project slated to pour first gold in 2029.
- HomeTrust agrees US$448m deal for Blue Ridge BanksharesThe Asheville lender is buying scale in Virginia after Blue Ridge cleaned up its legacy problems.
- Manipal Health agrees INR 1.3bn deal for Kinder Women's HospitalManipal is adding a women's health and fertility centre in Bengaluru's Whitefield corridor.
- Lactalis agrees £988m deal for Saputo's UK dairy businessThe French dairy group takes over Cathedral City and Clover as Saputo retreats from a market squeezed by inflation and weaker consumer spending.
- Providence agrees to buy Hometrack from Zoopla ownerSilver Lake continues to break up Houseful as the media-focused buyout firm backs a mortgage valuation data specialist.
