M&A NEWS

Top mergers and acquisitions in Asia-Pacific in February 2026

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

We tracked 33 deals involving Asia-Pacific in February 2026, 31 of them with a disclosed value, worth $36.2bn in total. The largest was KKR and Singtel's $10.9bn deal for ST Telemedia Global Data Centres (STT GDC), ahead of Macquarie Asset Management-led consortium and Qube Holdings Limited at $8.3bn.

Top mergers and acquisitions in Asia-Pacific in February 2026

Asia-Pacific M&A news →
  1. 14 FebKKR and Singtel → ST Telemedia Global Data Centres (STT GDC)KKR and Singtel agree S$13.8bn deal for full control of STT GDCTechnology / Data centresCompleted$10.9bn
  2. 216 FebMacquarie Asset Management-led consortium → Qube Holdings LimitedMacquarie-led consortium agrees A$11.7bn take-private of QubeTransport / Ports and logisticsCompleted$8.3bn
  3. 316 FebHapag-Lloyd AG → ZIM Integrated Shipping Services Ltd.Hapag-Lloyd agrees US$4.2bn takeover of Israel's ZIMTransport / Container shippingIn review$4.2bn
  4. 417 FebMTN Group Limited → IHS Holding Limited (IHS Towers)MTN agrees US$2.2bn deal to take full control of IHS TowersTelecom / Tower infrastructureIn review$2.2bn
  5. 55 FebBain Capital (BCPE Meta Cayman, L.P.) → MCJ Co., Ltd.Bain Capital backs ¥200bn buyout of MouseComputer parent MCJTechnology / PC manufacturingCompleted$1.3bn
  6. 62 FebBain Capital → FineToday Holdings Co., Ltd.Bain Capital agrees to buy FineToday from CVCConsumer / Personal careCompleted$1.3bn
  7. 74 FebHeidelberg Materials Australia → Maas Group Holdings – Construction Materials divisionHeidelberg Materials agrees A$1.7bn deal for Maas quarries businessMaterials / Aggregates and concreteCompleted$1.2bn
  8. 824 FebGuangdong HEC Technology Holding (Dongyangguang) → Chindata (China business, via Dongshu No.1)Dongyangguang moves to take full control of Chindata in CNY8bn share dealTechnology / Data centresIn review$1.2bn
  9. 919 FebITOCHU Corporation → Hitachi Construction Machinery (13% stake)ITOCHU lifts Hitachi Construction Machinery stake to 33.4% in ¥134bn buyout of JIPIndustrials / Construction machineryCompleted$866m
  10. 105 FebMeituan → Dingdong (China business)Meituan agrees US$717m deal for Dingdong's China grocery businessConsumer / Online groceryIn review$717m
  11. 112 FebAura Consolidated Group → Qoria LimitedAura agrees A$972m all-share deal for Australia's QoriaTechnology / Online safety softwareCompleted$680m
  12. 1225 FebITOCHU Corporation → ITOCHU-SHOKUHIN Co., Ltd.ITOCHU bids ¥78bn to take food wholesaler ITOCHU-SHOKUHIN privateConsumer / Food and drinks wholesaleCompleted$500m
  13. 1316 FebGenesis Minerals Limited → Magnetic Resources NLGenesis Minerals agrees A$639m deal for Magnetic ResourcesMining / GoldCompleted$450m
  14. 1413 FebTakara Holdings Inc. → Takara Bio Inc.Takara Holdings bids ¥54bn to take Takara Bio privateHealthcare / Life science toolsCompleted$353m
  15. 1517 FebPalo Alto Networks, Inc. → Koi Security Ltd.Palo Alto Networks agrees US$300m deal for Israel's KoiTechnology / CybersecurityCompleted$300m
  16. 1613 FebBain Capital (BCJ-102) → INFORICH Inc.Bain Capital backs management buyout of ChargeSPOT owner INFORICHConsumer / Mobile battery sharingCompleted$280m
  17. 174 FebBrother Industries, Ltd. → MUTOH Holdings Co., Ltd.Brother agrees ¥35bn takeover of printer maker MUTOHTechnology / Printing equipmentCompleted$223m
  18. 1825 FebITOCHU Corporation → Sun Frontier Fudousan Co., Ltd. (20.05% stake)ITOCHU takes 20% of Sun Frontier in ¥32bn renovation pushReal estate / Office renovationCompleted$204m
  19. 194 FebYokogawa Bridge Holdings Corp. → Br. Holdings CorporationYokogawa Bridge agrees ¥24bn takeover of Br. HoldingsIndustrials / Bridge constructionCompleted$154m
  20. 2012 FebKohnan Shoji Co., Ltd. → Arenza Holdings Co., Ltd. (minority stake)Kohnan Shoji bids ¥22bn for stake in home-centre rival ArenzaConsumer / Home improvement retailCompleted$142m
  21. 219 FebUTG Brands Management Group → Playboy China joint venture (50%)Playboy sells half of China business to UTG in US$122m dealConsumer / Brand licensingAgreed$122m
  22. 2218 FebSuperloop Limited → Lynham Networks Pty Ltd (Lightning Broadband)Superloop agrees A$165m deal for Lightning BroadbandTelecom / Fibre broadbandCompleted$117m
  23. 2313 FebMirae Asset Consulting → KorbitMirae Asset agrees ₩133.5bn deal for crypto exchange KorbitFinancials / Crypto exchangeCompleted$92m
  24. 2412 FebHindustan Unilever Ltd → Zywie Ventures (OZiva)Hindustan Unilever takes full control of OZiva for ₹824 croreConsumer / Nutrition and wellnessCompleted$91m
  25. 2516 FebJollibee Foods Corporation (via Jolli-K) → All Day Fresh (Shabu All Day)Jollibee agrees US$87m deal for Korea's Shabu All DayConsumer / RestaurantsCompleted$87m
  26. 2611 FebAussie Broadband Limited → AGL Energy – telecommunications business (AGL Telco)Aussie Broadband agrees A$115m share deal for AGL's telco armTelecom / Broadband and mobileCompleted$82m
  27. 279 FebGravita India Ltd → Rashtriya Metal Industries LtdGravita India buys copper maker Rashtriya Metal for up to ₹565 croreMaterials / Copper and copper alloysCompleted$62m
  28. 2818 FebDr. Reddy's Laboratories Ltd → Progynova and Cyclo-Progynova India brands (Mercury Pharma Group)Dr. Reddy's enters hormone therapy with $32m Progynova purchaseHealthcare / PharmaceuticalsCompleted$32m
  29. 299 FebMarico Ltd → Skinetiq JSCMarico buys 75% of Vietnamese skincare group SkinetiqConsumer / Beauty and personal careCompleted$29m
  30. 3027 FebBG Container Glass PCL → Bangkok Can Manufacturing Co., Ltd. (25.9%)BG Container Glass takes control of Bangkok Can from Toyo SeikanMaterials / Metal packagingCompleted$25m
  31. 3116 FebBLS E-Services Ltd → Atyati Technologies Pvt LtdBLS E-Services buys rural-banking platform Atyati for ₹154 croreFinancials / Banking technologyCompleted$17m
  32. 325 FebKanadevia Corporation → Nippon Steel Engineering Co., Ltd.Kanadevia and Nippon Steel Engineering call off merger talksIndustrials / Environmental engineeringTerminatedUndisclosed
  33. 3325 FebJX Advanced Metals Corporation → Toho Titanium Co., Ltd.JX Advanced Metals to absorb Toho Titanium in share swapMaterials / Titanium and specialty metalsCompletedUndisclosed