M&A NEWS

Top mergers and acquisitions of 2026

Every verified merger and acquisition in this period, ranked by disclosed value. Updated every morning.

We tracked 104 deals in 2026, 79 of them with a disclosed value, worth $505.6bn in total. The largest was Paramount Skydance (now Skydance Corp.)'s $110bn deal for Warner Bros. Discovery, ahead of Union Pacific and Norfolk Southern at $85bn.

Top mergers and acquisitions of 2026

  1. 16 OctParamount Skydance (now Skydance Corp.) → Warner Bros. DiscoveryParamount completes US$110bn takeover of Warner Bros. DiscoveryMediaCompleted$110bn
  2. 222 SeptUnion Pacific → Norfolk SouthernRegulator keeps Union Pacific-Norfolk Southern review on trackIndustrials / RailIn review$85bn
  3. 34 OctIntesa Sanpaolo → Banca Monte dei Paschi di SienaIntesa sweetens Monte dei Paschi bid to about EUR35bn and wins Delfin's backingFinancials / BankingIn review$39.3bn
  4. 428 SeptGold Fields → Northern Star ResourcesNorthern Star rebuffs Gold Fields' $27bn takeover approachMiningTerminated$27.1bn
  5. 55 OctSchneider Electric → PTCSchneider Electric agrees $22.6bn cash takeover of PTCTechnology / Industrial softwareAgreed$22.6bn
  6. 628 SeptBASF → EvonikEvonik rejects BASF's EUR10.3bn takeover approach as too lowChemicalsIn talks$11.7bn
  7. 79 SeptCegid → SilaeCegid and Silae to merge in EUR10bn French software dealTechnology / SoftwareAgreed$11.6bn
  8. 823 SeptMerck KGaA → Bio-TechneBio-Techne shareholders back $11.3bn sale to Merck KGaAHealthcare / Life-science toolsIn review$11.3bn
  9. 91 OctZurich Insurance Group → BeazleyZurich completes £8.1bn takeover of BeazleyFinancials / InsuranceCompleted$10.7bn
  10. 106 OctEmera → Canadian Utilities (ATCO group)Emera agrees C$14.3bn all-stock deal for Canadian UtilitiesUtilities / EnergyAgreed$10bn
  11. 117 OctWittington Investments (Weston family) → BootsWeston family's Wittington agrees $8.9bn deal for BootsConsumer / Retail pharmacyAgreed$8.9bn
  12. 1228 SeptAMD → World LabsAMD agrees $8.2bn all-stock deal for Fei-Fei Li's World LabsTechnology / AIAgreed$8.2bn
  13. 139 SeptIndependence Realty Trust → CenterspaceIRT and Centerspace agree $8.1bn apartment REIT mergerReal estate / REITAgreed$8.1bn
  14. 148 OctSpaceX → Grain Management (800 MHz spectrum portfolio)SpaceX agrees to buy Grain's 800 MHz airwaves for Starlink MobileTelecom / Wireless spectrumAgreed$8bn
  15. 1514 SeptSequence Holdings and DFO Management → The Baldwin Insurance GroupDell family office and Sequence agree $7.7bn take-private of BaldwinFinancials / Insurance brokerageAgreed$7.7bn
  16. 1612 OctEQT Infrastructure → Cleanaway Waste ManagementCleanaway gives EQT another week to firm up A$9.4bn buyoutIndustrials / Waste managementIn talks$6.6bn
  17. 1729 SeptLong Lake → American Express Global Business TravelLong Lake completes $6.3bn takeover of Amex GBTTech / Travel servicesCompleted$6.3bn
  18. 181 OctAuthentic Brands Group → MattelAuthentic Brands eyes takeover of MattelConsumer / ToysIn talks$6bn
  19. 195 OctC.H. Robinson → RXOC.H. Robinson agrees $5.8bn cash-and-stock deal for RXOIndustrials / LogisticsAgreed$5.8bn
  20. 206 OctCD&R and McKesson → Option Care HealthCD&R and McKesson agree $5.8bn buyout of Option Care HealthHealthcareAgreed$5.8bn
  21. 211 Octonsemi → Synapticsonsemi switches to $5.7bn all-cash deal for SynapticsTechnology / SemiconductorsAgreed$5.7bn
  22. 225 OctKKR → Gen II Fund ServicesKKR agrees $5.1bn deal for fund administrator Gen IIFinancials / Fund administrationAgreed$5.1bn
  23. 235 OctCenovus Energy → Athabasca OilCenovus agrees C$5.7bn deal to buy Athabasca OilEnergyAgreed$4bn
  24. 2413 OctLondon Stock Exchange Group → OctusLSEG confirms talks to buy Octus from Permira for about $3.5bnFinancials / Financial dataIn talks$3.5bn
  25. 251 OctTransurban → CPP Investments' stakes in Sydney toll roads (M7/NorthConnex, WestConnex)Transurban agrees A$4.5bn buyout of CPP's Sydney toll-road stakesInfrastructureAgreed$3.1bn
  26. 2630 SeptSoftBank Group → DigitalBridge GroupSoftBank completes $3.1bn DigitalBridge takeoverFinancials / Digital infrastructureCompleted$3.1bn
  27. 2723 SeptRoyal Caribbean Group → Sandals Resorts (50%)Royal Caribbean buys half of Sandals for $3bnConsumer / Travel & leisureAgreed$3bn
  28. 286 OctMetLife / CNP Assurances (bidders) → Prudential Financial Brazil & Mexico unitsMetLife and CNP circle Prudential's Latin American unitsFinancials / InsuranceIn talks$3bn
  29. 2930 SeptHarrison Street Asset Management (with Kenon Holdings) → Vicinity Energy (majority stake)Harrison Street agrees $2.92bn deal for control of Vicinity EnergyEnergy / InfrastructureAgreed$2.9bn
  30. 3015 SeptBrookfield Asset Management → Reliance WorldwideReliance Worldwide backs Brookfield's $2.9bn buyoutIndustrials / Building productsAgreed$2.9bn
  31. 316 OctEnergy Transfer → Vaquero MidstreamEnergy Transfer agrees $2.63bn deal for Vaquero MidstreamEnergy / MidstreamAgreed$2.6bn
  32. 3220 SeptTelix Pharmaceuticals → ITM Isotope Technologies MunichTelix agrees up to $2.35bn deal for Munich's ITMHealthcare / RadiopharmaAgreed$2.4bn
  33. 3328 SeptBrixmor Property Group and Everview Partners → Slate Grocery REITBrixmor and Everview agree $2.3bn takeover of Slate Grocery REITReal estateAgreed$2.3bn
  34. 346 OctUber → ezCaterUber agrees $2.3bn cash deal for ezCaterTechnology / Food deliveryAgreed$2.3bn
  35. 359 OctENEOS Holdings → Chevron Asia-Pacific downstream businessesSingapore regulator weighs ENEOS's purchase of Chevron refinery stakeEnergy / Refining and fuels marketingIn review$2.2bn
  36. 3612 OctSTERIS → Xodus MedicalSTERIS agrees US$2.1bn deal for Xodus MedicalHealthcare / Medical devicesAgreed$2.1bn
  37. 375 OctShionogi → IntraBioShionogi to buy IntraBio for about $2bnHealthcare / PharmaAgreed$2bn
  38. 382 OctAxis Capital → Permanent TSBAxis Capital mulls €1.74bn counterbid for PTSBFinancialsIn talks$2bn
  39. 3910 SeptCopart → ACV AuctionsCopart agrees $1.9bn cash deal for ACV AuctionsTech / Automotive marketplacesAgreed$1.9bn
  40. 4028 SeptAAR Corp → MRO Holdings (65% stake)AAR agrees $1.8bn deal for control of MRO HoldingsIndustrials / AerospaceAgreed$1.8bn
  41. 4130 SeptKirin Holdings → Jamieson WellnessJamieson Wellness holders approve C$2.5bn sale to KirinConsumerIn review$1.8bn
  42. 428 OctViatris → Pacira BioSciencesViatris agrees $1.65bn cash deal for Pacira BioSciencesHealthcareAgreed$1.7bn
  43. 4321 SeptInvestor group led by Thomas Priore (WD Capital) → Priority Technology HoldingsPriority Technology agrees $1.6bn CEO-led buyoutFinancials / PaymentsAgreed$1.6bn
  44. 4414 OctGalderma → ZO Skin HealthGalderma agrees $1.5bn deal for Blackstone-backed ZO Skin HealthHealthcare / DermatologyAgreed$1.5bn
  45. 4515 SeptGrab → Atome Financial (60%)Grab to buy 60% of Atome for $1.49bnFinancials / FintechAgreed$1.5bn
  46. 466 OctPersistent Systems → NagarroPersistent secures 94% of Nagarro in EUR81-a-share offerTechnology / IT servicesAgreed$1.5bn
  47. 4714 SeptPuig → ISDIN (50% stake)Puig pays €1.2bn to take full control of ISDINConsumerAgreed$1.4bn
  48. 4816 SeptACP Holdings Acquisition Corp (SPAC) → May MobilityMay Mobility to go public in $1.4bn SPAC dealTech / Autonomous vehiclesAgreed$1.4bn
  49. 4925 SeptRexel → GCGRexel agrees $1.4bn purchase of US distributor GCGIndustrialsAgreed$1.4bn
  50. 5010 SeptBending Spoons → MiroBending Spoons agrees $1.36bn deal for MiroTech / SoftwareAgreed$1.4bn
  51. 515 OctNippon Paint → AkzoNobel decorative paints (7 APAC markets)Nippon Paint buys AkzoNobel's Asia decorative paints arm for $1.35bnIndustrials / ChemicalsAgreed$1.4bn
  52. 5216 SeptClearlake Capital → Chelsea FC (Boehly and Walter stakes)Clearlake takes full control of Chelsea in £950m buyout of co-ownersMedia / SportsAgreed$1.3bn
  53. 539 OctToho Holdings → PHC HoldingsToho walks away from US$1.3bn PHC takeoverHealthcare / Medical devices and diagnosticsTerminated$1.3bn
  54. 5412 OctIonQ → ElisityIonQ agrees all-stock deal worth up to US$1.3bn for ElisityTechnology / CybersecurityAgreed$1.3bn
  55. 5513 OctIthaca Holdings → Bumble Inc.Ithaca Holdings agrees $1.3bn take-private of BumbleTechnology / Dating appsAgreed$1.3bn
  56. 5628 SeptBold Eagle Acquisition Corp (SPAC) → REDLatticeREDLattice to list via $1.25bn Bold Eagle SPAC dealTech / Defence cyberAgreed$1.3bn
  57. 572 OctNiterra → Denso spark plug and exhaust gas sensor businessesNiterra drops ¥180.6bn deal for Denso spark plug businessAutomotive componentsTerminated$1.1bn
  58. 5830 SeptHormel Foods → Brakebush BrothersHormel agrees $1.06bn deal for chicken processor BrakebushConsumer / FoodAgreed$1.1bn
  59. 5917 SeptSoftcat → General Datatech (GDT)Softcat crosses Atlantic with $1.05bn GDT dealTechnologyAgreed$1.1bn
  60. 6013 OctAtlantic Ridge Capital and Grafine Partners → Paragon FilmsRhône sells Paragon Films to Atlantic Ridge and Grafine for about $900mMaterials / Packaging filmsAgreed$900m
  61. 6118 SeptH.I.G. Capital → Mistras GroupH.I.G. agrees $866m take-private of Mistras GroupIndustrials / Testing servicesAgreed$866m
  62. 625 OctIthaca Energy → Suncor Energy (Terra Nova, White Rose, West White Rose stakes)Suncor sells Newfoundland offshore stakes to Ithaca for C$1.2bnEnergyAgreed$860m
  63. 6330 SeptPeoples Bancorp → Capital BancorpPeoples Bancorp agrees $728m all-stock deal for Capital BancorpFinancials / BankingAgreed$728m
  64. 649 OctOne Equity Partners → Nexora (DCC Energy technology division)DCC Energy sells Nexora to One Equity Partners for US$725mTechnology / Technology distributionAgreed$725m
  65. 6514 SeptSG Fleet / ORIX / Sumitomo consortium (competing bidders) → FleetPartners GroupJapanese bidders lead FleetPartners auctionFinancials / Fleet leasingIn talks$700m
  66. 6624 SeptSelect Water Solutions → Pilot Water SolutionsSelect Water agrees $700m deal for Pilot WaterEnergy / Water midstreamAgreed$700m
  67. 671 OctLynas Rare Earths → Meteoric Resources (Caldeira project)Lynas agrees A$968m takeover of Brazil-focused MeteoricMiningAgreed$672m
  68. 681 OctCarlyle → Nidec ComponentsNidec sells components unit to Carlyle for ¥103bnIndustrials / ElectronicsAgreed$650m
  69. 699 OctHexagon AB → RocscienceHexagon agrees US$535m deal for RocscienceTechnology / Engineering softwareAgreed$535m
  70. 7012 OctWatsco → The Granite GroupWatsco completes US$505m Granite Group dealIndustrials / DistributionCompleted$505m
  71. 7122 SeptCognex → RealSenseCognex agrees $500m deal for RealSenseTech / RoboticsAgreed$500m
  72. 7222 SeptBlackstone → IDP EducationIDP Education rebuffs Blackstone's A$695m approachEducation servicesTerminated$490m
  73. 7321 SeptArtemis Gold → Vista GoldArtemis Gold agrees US$427m all-share takeover of Vista GoldMiningAgreed$427m
  74. 7421 SeptESENTIA → Energía Occidente de México (TC Energy)TC Energy sells Mexican pipeline to ESENTIA for US$400mEnergyAgreed$400m
  75. 7521 SeptLuca Mining → Cozamin mine (Capstone Copper)Luca Mining buys Capstone's Cozamin mine for up to US$385mMiningAgreed$385m
  76. 762 OctClaro (America Movil) → DesktopClaro closes R$1.75bn Desktop purchaseTelecomCompleted$335m
  77. 7710 SeptMBK Partners → SharingtechnologyMBK launches ¥37bn take-private bid for SharingtechnologyConsumer services / InternetAnnounced$240m
  78. 7829 SeptCapitolis → eSecLendingCapitolis buys eSecLending for US$200mFinancialsAgreed$200m
  79. 792 OctFlowco Holdings → Lifting SolutionsFlowco buys Canada's Lifting Solutions for US$113mEnergyCompleted$113m
  80. 8010 SeptAccel-KKR → ElecoAccel-KKR agrees £208m take-private of ElecoTechnologyAgreedUndisclosed
  81. 8114 SeptCarolwood LP → Thryv print directories businessThryv sells print directories to CarolwoodMedia / PublishingAgreedUndisclosed
  82. 8217 SeptEB Development → Eurobio ScientificEurobio Scientific's owner moves to delist at €25.30 a shareHealthcareAnnouncedUndisclosed
  83. 8324 SeptSchneider Electric → Shelly GroupSchneider Electric to bid EUR1.2bn for ShellyTechnology / Smart homeAnnouncedUndisclosed
  84. 8424 SeptVerlagsgruppe Georg von Holtzbrinck → Zeit Verlagsgruppe (50% stake)Cartel office clears Holtzbrinck's full takeover of Die ZeitMediaCompletedUndisclosed
  85. 8525 SeptGenel Energy → Capricorn EnergyGenel tops DNO with £330m Capricorn offerEnergyAgreedUndisclosed
  86. 8625 SeptPeel Holdings → Harworth GroupPeel wins control of Harworth with 187p final offerReal estateAgreedUndisclosed
  87. 8729 SeptRHI Magnesita → VesuviusRHI Magnesita in advanced talks over 549p-a-share Vesuvius bidIndustrialsIn talksUndisclosed
  88. 8829 SeptMain Capital Partners → Tribal Group (business)Jenzabar gatecrashes Main Capital's £231m Tribal dealTechnologyIn reviewUndisclosed
  89. 8930 SeptHanwha Life Insurance & Centroid Investment Partners → Acuon Group (Acuon Capital / Acuon Savings Bank)EQT sells Korea's Acuon to Hanwha Life consortiumFinancialsAgreedUndisclosed
  90. 9030 SeptStripe → ParafinStripe agrees to buy embedded lender ParafinFinancialsAgreedUndisclosed
  91. 911 OctFresenius → mAbxience (remaining 45%)Fresenius takes full control of mAbxience for up to EUR750mHealthcare / BiosimilarsCompletedUndisclosed
  92. 921 OctLandsec → MetrocentreLandsec buys Metrocentre for £516mReal estateAgreedUndisclosed
  93. 932 OctGreenbriar Equity Group → Spectrum ControlGreenbriar agrees to buy Spectrum Control from AEAIndustrials / DefenceAgreedUndisclosed
  94. 945 OctUnited Internet → 1&1 AG (new shares)United Internet lifts 1&1 stake to 89% in €850m debt-for-equity swapTelecomsAgreedUndisclosed
  95. 956 OctRheinmetall → Alstom Kassel locomotive plantRheinmetall agrees in principle to take over Alstom's Kassel plantIndustrials/DefenceIn talksUndisclosed
  96. 966 OctInternational Resources Holdings → Kenmare ResourcesAbu Dhabi's IRH approaches titanium miner KenmareMiningIn talksUndisclosed
  97. 977 OctRespighi BidCo (CVC, GBL) → RecordatiCVC and GBL raise Recordati bid to final €53 a shareHealthcareIn reviewUndisclosed
  98. 988 OctWebuild → Trevi Finanziaria IndustrialeWebuild raises Trevi offer to €5.165 and takes 27.7% stakeIndustrialsIn reviewUndisclosed
  99. 999 OctMidea Group → EsaoteMidea completes takeover of Italian imaging group EsaoteHealthcare / Medical imagingCompletedUndisclosed
  100. 1009 OctPAG → Evergrande Property Services Group (51.016% stake)PAG in exclusive talks for control of Evergrande's property services armReal estate / Property managementIn talksUndisclosed
  101. 10112 OctAsterion Industrial Partners → FraikinAsterion moves to buy French truck lessor FraikinTransport / Commercial vehicle leasingAnnouncedUndisclosed
  102. 10212 OctXXXLutz → PortaEU opens in-depth probe into XXXLutz's Porta takeoverConsumer / Furniture retailIn reviewUndisclosed
  103. 10313 OctAURELIUS → Nokia Enterprise Campus EdgeNokia sells Enterprise Campus Edge unit to AURELIUSTelecom / Private wireless networksAgreedUndisclosed
  104. 10413 OctWorkday → C1 (ConductorOne)Workday agrees to buy agentic identity platform C1Technology / Identity securityAgreedUndisclosed