Top mergers and acquisitions in January 2026
Every verified merger and acquisition in this period, ranked by disclosed value. Updated every morning.
We tracked 90 deals in January 2026, 63 of them with a disclosed value, worth $107.5bn in total. The largest was Boston Scientific Corporation's $14.5bn deal for Penumbra, Inc., ahead of SGH Ltd and Steel Dynamics, Inc. and BlueScope Steel Ltd at $8.8bn.
Top mergers and acquisitions in January 2026
- 115 JanBoston Scientific Corporation → Penumbra, Inc.Boston Scientific agrees US$14.5bn deal for PenumbraHealthcare / Medical devicesIn review$14.5bn
- 25 JanSGH Ltd and Steel Dynamics, Inc. → BlueScope Steel LtdSGH and Steel Dynamics make A$13.2bn break-up bid for BlueScopeMaterials / SteelTerminated$8.8bn
- 316 JanMitsubishi Corporation → Aethon III LLC and Aethon United LP (Haynesville business)Mitsubishi agrees US$7.5bn Haynesville gas deal with AethonEnergy / Shale gasCompleted$7.5bn
- 46 JanHg (with General Atlantic and Tidemark) → OneStream, Inc.Hg takes OneStream private in US$6.4bn dealTechnology / Financial softwareCompleted$6.4bn
- 521 JanDeutsche Börse AG → Allfunds Group plcDeutsche Börse agrees €5.3bn takeover of AllfundsFinancials / Fund distribution platformIn review$6.2bn
- 622 JanCapital One Financial Corporation → Brex Inc.Capital One agrees US$5.15bn deal for BrexFinancials / FintechCompleted$5.2bn
- 726 JanZijin Gold International Company Limited → Allied Gold CorporationZijin Gold's C$5.5bn takeover of Allied Gold collapsesMining / GoldTerminated$4bn
- 85 JanVistra Corp. → Cogentrix EnergyVistra agrees US$4bn deal for Cogentrix gas fleetEnergy / Power generationIn review$4bn
- 915 JanTalen Energy Corporation → Cornerstone Generation (Waterford, Darby and Lawrenceburg plants)Talen agrees US$3.45bn deal for ECP's Ohio and Indiana gas plantsEnergy / Power generationCompleted$3.5bn
- 1022 JanEQT AB → Coller CapitalEQT agrees US$3.2bn all-share deal for Coller CapitalFinancials / Private markets secondariesCompleted$3.2bn
- 116 JanAnheuser-Busch InBev SA/NV → AB InBev US metal container plants (49.9% stake)AB InBev buys back US can plants stake from Apollo group for about US$3bnConsumer / Beverage packagingCompleted$3bn
- 1212 JanSunway Berhad → IJM Corporation BerhadSunway launches RM11bn takeover bid for IJMIndustrials / Construction and propertyTerminated$2.7bn
- 1315 JanWorthington Steel, Inc. → Klöckner & Co SEWorthington Steel agrees €2.1bn takeover of Klöckner & CoMaterials / Steel distribution and metal processingCompleted$2.4bn
- 1426 JanLeidos Holdings, Inc. → ENTRUST Solutions GroupLeidos agrees US$2.4bn deal for ENTRUST SolutionsIndustrials / Utility engineering servicesCompleted$2.4bn
- 1528 JanStonepeak → United Ports LLC (25% stake in CMA CGM terminal portfolio)Stonepeak pays US$2.4bn for 25% of CMA CGM terminals ventureTransport / Container port terminalsCompleted$2.4bn
- 1622 JanThe Clorox Company → GOJO Industries, Inc.Clorox agrees US$2.25bn deal for Purell maker GOJOConsumer / Hygiene productsCompleted$2.3bn
- 1716 JanTransDigm Group Incorporated → Jet Parts Engineering and Victor Sierra Aviation HoldingsTransDigm agrees US$2.2bn deal for two aftermarket parts makersIndustrials / Aerospace aftermarketCompleted$2.2bn
- 1820 JanGSK plc → RAPT Therapeutics, Inc.GSK agrees US$2.2bn deal for food allergy biotech RAPTHealthcare / BiotechCompleted$2.2bn
- 1929 JanVSE Corporation → Precision Aviation Group, Inc.VSE agrees US$2bn deal for Precision Aviation GroupIndustrials / Aviation MROCompleted$2bn
- 2026 JanIonQ, Inc. → SkyWater Technology, Inc.IonQ agrees US$1.8bn deal for chip foundry SkyWaterTechnology / SemiconductorsCompleted$1.8bn
- 2127 JanANTA Sports Products Limited → PUMA SE (29.06% stake)ANTA buys Pinault family's 29% Puma stake for €1.5bnConsumer / SportswearCompleted$1.8bn
- 225 JanJacobs Solutions Inc. → PA Consulting (remaining stake)Jacobs takes full control of PA Consulting in £1.2bn dealIndustrials / Consulting and advisory servicesCompleted$1.6bn
- 2326 JanEP Group → Fnac DartyKřetínský's EP Group bids for control of Fnac DartyConsumer / Electronics and books retailIn review$1.3bn
- 247 JanEli Lilly and Company → Ventyx Biosciences, Inc.Lilly agrees US$1.2bn deal for Ventyx BiosciencesHealthcare / BiotechCompleted$1.2bn
- 2526 JanCVC Capital Partners → Marathon Asset ManagementCVC agrees up-to-US$1.2bn deal for Marathon Asset ManagementFinancials / Private creditCompleted$1.2bn
- 2615 JanS.F. Holding Co., Ltd. → J&T Global Express (10% stake)SF Holding and J&T agree HK$8.3bn cross-shareholdingTransport / Express deliveryCompleted$1.1bn
- 276 JanMobileye Global Inc. → Mentee Robotics Ltd.Mobileye agrees US$900m deal for humanoid robot maker MenteeTechnology / RoboticsCompleted$900m
- 2821 JanNedbank Group Limited → NCBA Group PLC (66%)Nedbank bids R13.9bn for control of Kenya's NCBAFinancials / BankingIn review$852m
- 296 JanAmgen Inc. → Dark Blue TherapeuticsAmgen buys UK protein-degrader biotech Dark Blue for up to $840mHealthcare / BiotechCompleted$840m
- 3029 JanApax Partners → Pinewood Technologies Group plc (Pinewood.AI)Apax walks away from £575m Pinewood.AI approachTechnology / Automotive dealer softwareTerminated$790m
- 318 JanCrowdStrike Holdings, Inc. → SGNL.AI, Inc.CrowdStrike agrees US$740m deal for identity start-up SGNLTechnology / CybersecurityCompleted$740m
- 3230 JanNine Entertainment Co. Holdings Limited → QMS MediaNine agrees A$850m deal for QMS MediaMedia / Outdoor advertisingCompleted$596m
- 3327 JanMillicom International Cellular S.A. → UNE EPM Telecomunicaciones S.A. (Tigo Colombia)Millicom wins auction for EPM's stake in Tigo ColombiaTelecom / Fixed and mobile operatorCompleted$571m
- 347 JanD-Wave Quantum Inc. → Quantum Circuits, Inc.D-Wave agrees US$550m deal for Quantum CircuitsTechnology / Quantum computingCompleted$550m
- 356 JanMarvell Technology, Inc. → XConn Technologies Holdings, Inc.Marvell agrees US$540m deal for switch chip maker XConnTechnology / SemiconductorsCompleted$540m
- 3613 JanJD Logistics, Inc. → Deppon Logistics Co., Ltd (minority stake)JD Logistics takes Deppon private in RMB3.8bn buyout of minoritiesTransport / Freight and logisticsCompleted$540m
- 3729 JanStanley Electric Co., Ltd. → Iwasaki Electric Co., Ltd.Stanley Electric agrees ¥70bn deal for Iwasaki ElectricIndustrials / Lighting equipmentCompleted$458m
- 3812 JanSmith & Nephew plc → Integrity Orthopaedics, Inc.Smith+Nephew agrees up to US$450m deal for Integrity OrthopaedicsHealthcare / Medical devicesCompleted$450m
- 3919 JanChina Tourism Group Duty Free Corporation → DFS Greater China retail businessCTG Duty Free buys DFS's Hong Kong and Macau businessConsumer / Travel retailCompleted$395m
- 4015 JanParsons Corporation → Altamira Technologies CorporationParsons buys Altamira in deal worth up to US$375mIndustrials / Defence and intelligence servicesCompleted$375m
- 4126 JanGoldgroup Mining Inc. → Gold Resource CorporationGoldgroup agrees US$372m all-share deal for Gold ResourceMining / Gold and silverCompleted$372m
- 426 JanFunds managed by Tosei Asset Advisors (Tosei Corporation) → SANKEI REAL ESTATE, Inc.Tosei funds' ¥58bn bid for Sankei Real Estate failsReal estate / J-REITTerminated$370m
- 4313 JanCrowdStrike Holdings, Inc. → Seraphic Security (Seraphic Algorithms Ltd.)CrowdStrike agrees to buy Israel's Seraphic SecurityTechnology / CybersecurityCompleted$341m
- 4422 JanOEP Capital Advisors (Kite UK Bidco) → Kitwave Group plcOEP takes Kitwave private in £251m dealConsumer / Food and drink wholesaleCompleted$340m
- 4521 JanEnergy Fuels Inc. → Australian Strategic Materials LtdEnergy Fuels agrees A$447m takeover of ASMMining / Rare earthsCompleted$301m
- 4628 JanSword Health → Kaia HealthSword Health buys Munich's Kaia Health for $285mHealthcare / Digital therapeuticsCompleted$285m
- 4719 JanBetterware de México, S.A.P.I. de C.V. (BeFra) → Tupperware Latin America operationsBetterware agrees US$250m deal for Tupperware's Latin American armConsumer / Household productsCompleted$250m
- 4820 JanInspira Global → Restaurant Brands Asia LtdInspira Global takes control of Burger King India operatorConsumer / Quick-service restaurantsCompleted$215m
- 4919 JanKKCG Maritime (KKCG) → Ferretti S.p.A. (partial stake)KKCG launches partial bid to double Ferretti stakeConsumer / Luxury yachtsCompleted$210m
- 5028 JanThe British Land Company PLC → Life Science REIT plcBritish Land agrees £150m deal for Life Science REITReal estate / Science and technology campusesCompleted$210m
- 5111 JanBourns, Inc. → Rakon LimitedBourns bids NZ$356m for RakonTechnology / Frequency control componentsCompleted$205m
- 5220 JanVINCI Construction → Fletcher ConstructionVINCI buys Fletcher Construction for NZ$316mIndustrials / ConstructionCompleted$184m
- 5319 JanHera Group → Sostelia GroupHera buys water-treatment group Sostelia for €138mIndustrials / Water and wastewater treatmentCompleted$160m
- 5426 JanWaaree Renewable Technologies Ltd → Associated Power StructuresWaaree Renewable buys 55% of Associated Power Structures for ₹1,225 croreIndustrials / Power transmission EPCCompleted$134m
- 5521 JanVertiGIS Ltd → 1Spatial plcVertiGIS agrees £87m takeover of 1SpatialTechnology / Geospatial softwareCompleted$120m
- 5623 JanSenko Group Holdings → Maruwn CorporationSenko launches ¥16.7bn tender offer for MaruwnTransport / LogisticsCompleted$106m
- 575 JanUniversal Music Group → Excel EntertainmentUniversal Music takes 30% of Bollywood studio ExcelMedia / Film and musicCompleted$80m
- 5829 JanRoyal BAM Group → Gebroeders BloklandBAM buys Dutch housebuilder Gebroeders BloklandReal estate / Residential developmentCompleted$74m
- 5914 JanState Street Corporation → Groww Asset Management (23%)State Street buys into Groww's mutual fund arm for ₹580 croreFinancials / Asset managementCompleted$64m
- 6020 JanDocebo Inc. → 365TalentsDocebo buys French skills-intelligence platform 365TalentsTechnology / HR and skills intelligence softwareCompleted$55m
- 6115 JanThe Indian Hotels Company Ltd (IHCL) → Brij Hospitality Pvt LtdIndian Hotels takes 51% of boutique chain Brij for up to ₹225 croreConsumer / HotelsCompleted$25m
- 628 JanAEON Co., Ltd. → Sunday Co., Ltd.AEON bids ¥3.2bn to take full control of SundayConsumer / Home-improvement retailCompleted$21m
- 6321 JanNext plc → Russell & Bromley (brand and selected assets)Next buys Russell & Bromley brand out of administrationConsumer / Footwear retailCompleted$5m
- 645 JanBENTELER Group → ioki GmbHBenteler buys Deutsche Bahn's ioki for autonomous mobility pushTransport / On-demand mobility softwareAgreedUndisclosed
- 655 JanApax Funds → iD Fresh Food (significant minority stake)Apax buys into India's iD Fresh FoodConsumer / Packaged foodAgreedUndisclosed
- 665 JanBridgepoint → Interpath Advisory (majority stake)Bridgepoint buys control of Interpath from H.I.G.Financials / Restructuring and advisory servicesCompletedUndisclosed
- 676 JanAccenture plc → FacultyAccenture buys UK AI specialist FacultyTechnology / AI services and softwareCompletedUndisclosed
- 687 JanI Squared Capital → Ramudden GlobalI Squared agrees to buy Ramudden Global from TritonIndustrials / Traffic management servicesAgreedUndisclosed
- 698 JanSnowflake Inc. → Observe, Inc.Snowflake agrees to buy observability platform ObserveTechnology / Observability softwareCompletedUndisclosed
- 708 JanEtraveli Group → WenrixEtraveli buys Israeli flight-pricing AI firm WenrixTechnology / Travel softwareCompletedUndisclosed
- 718 JanRio Tinto → Glencore plcRio Tinto and Glencore talks on mining mega-merger collapseMining / Diversified mining and commodity tradingTerminatedUndisclosed
- 729 JanBravedo → Forenom Group OyBravedo leads takeover of Nordic serviced-apartment group ForenomReal estate / Serviced apartmentsCompletedUndisclosed
- 739 JanWarburg Pincus (Coastal Cedar Investment B.V.) → Fleur Hotels (41.09% stake)Warburg Pincus buys APG's 41% of Lemon Tree's hotel armReal estate / HotelsCompletedUndisclosed
- 7412 JanBoston Scientific Corporation → Valencia Technologies CorporationBoston Scientific agrees to buy eCoin maker Valencia TechnologiesHealthcare / Medical devicesCompletedUndisclosed
- 7514 JanEQT X fund → Oxford Biomedica plcEQT abandons pursuit of Oxford BiomedicaHealthcare / Cell and gene therapy manufacturingTerminatedUndisclosed
- 7615 JanCloudflare, Inc. → Human Native LtdCloudflare buys AI data marketplace Human NativeTechnology / AI data licensing marketplaceCompletedUndisclosed
- 7715 JanPlaylist (backed by Vista Equity Partners and Affinity Partners) → EGYMPlaylist and EGYM merge in US$7.5bn fitness-technology dealTechnology / Fitness technologyCompletedUndisclosed
- 7816 JanHenkel AG & Co. KGaA → ATP adhesive systems AGHenkel buys Swiss tape maker ATP from ArsenalChemicals / Specialty adhesive tapesCompletedUndisclosed
- 7919 JanMOL Group → NIS (Naftna Industrija Srbije) - 56.15% stakeMOL signs binding outline deal for Gazprom Neft's NIS stakeEnergy / Oil refining and fuel retailIn talksUndisclosed
- 8020 JanHoulihan Lokey, Inc. → Audere Partners (Natixis Partners)Houlihan Lokey takes control of French adviser Natixis PartnersFinancials / Corporate finance advisoryCompletedUndisclosed
- 8121 JanAirwallex → Paynuri Co. Ltd.Airwallex buys Korea's Paynuri to enter the marketFinancials / PaymentsCompletedUndisclosed
- 8222 JanPayPal Holdings, Inc. → CymbioPayPal agrees to buy Israeli commerce start-up CymbioTechnology / E-commerce softwareCompletedUndisclosed
- 8323 JanNissha Co., Ltd. → USM Healthcare Medical Devices Factory JSCNissha agrees to buy control of Vietnam's USM HealthcareHealthcare / Medical devicesCompletedUndisclosed
- 8423 JanChery SA → Nissan South Africa (Rosslyn manufacturing assets)Chery agrees to buy Nissan's Rosslyn plant in South AfricaIndustrials / Automotive manufacturingCompletedUndisclosed
- 8523 JanJanus Henderson Group plc → Richard Bernstein AdvisorsJanus Henderson buys Richard Bernstein AdvisorsFinancials / Asset managementCompletedUndisclosed
- 8626 JanEFG International AG → Quilvest (Switzerland) LtdEFG International buys Zurich private bank Quilvest SwitzerlandFinancials / Private bankingCompletedUndisclosed
- 8726 JanOVHcloud (OVH Groupe) → SealdOVHcloud buys encryption specialist SealdTechnology / End-to-end encryption softwareCompletedUndisclosed
- 8829 JanUpstage → AXZ (Daum)Upstage agrees share-swap takeover of Daum operator AXZTechnology / Internet portalCompletedUndisclosed
- 8929 JanThe Carlyle Group → LUKOIL International GmbHCarlyle's deal for Lukoil's foreign assets lapses without US approvalEnergy / Oil and gasTerminatedUndisclosed
- 9030 JanReddy Ice, LLC (SCI Capital Partners) → Arctic Glacier, LLCReddy Ice buys Arctic Glacier from CarlyleConsumer / Packaged iceCompletedUndisclosed