Sunway Healthcare Targets RM3 Billion IPO, AIA and EPF Among Potential Cornerstone Investors
Sunway Healthcare, a leading private healthcare provider in Malaysia, announced plans for an IPO that could raise over RM3 billion, the largest in the country in nearly a decade. AIA and Malaysia’s Employees Provident Fund are among more than 20 institutions being approached as cornerstone investors, while RBC Global Asset Management (Asia) and Eastspring Investment Bhd have been appointed as underwriters.
Alpiq Acquires 535 MW Navaleo Pumped‑hydro Project in Spain
Swiss utility Alpiq announced the acquisition of the 535 MW Navaleo pumped‑hydro storage project in Castilla y León, Spain, its first large‑scale hydropower investment outside Switzerland. The project, originally developed by Erbienergía, is slated for commercial operation in the early 2030s...
Gilead Sciences to Acquire Arcellx for up to $7.8B
Gilead Sciences announced it will acquire biotech Arcellx in a cash deal valued at up to $7.8 billion, paying $115 per share plus a contingent $5 per share based on future sales. The acquisition aims to strengthen Gilead's cancer drug pipeline,...
Yadav Enterprises Acquires Del Taco From Jack in the Box for $119M
Yadav Enterprises has purchased Del Taco from Jack in the Box for a reported $119 million, marking a significant markdown. The sale follows Del Taco’s recent closures and its former operator Matadoor Restaurant Group’s Chapter 11 filing, highlighting challenges in...
KBP Brands Acquires 78 Sonic Drive‑In Restaurants
KBP Brands, one of the largest U.S. franchise groups, announced the acquisition of 78 Sonic Drive‑In restaurants across Ohio, Kentucky, North Carolina, Tennessee, and Virginia, making it the fourth‑largest Sonic franchisee. The restaurants were purchased from Sonic corporate; terms were...
Sinclair Broadcast Group to Acquire Tulsa TV Station From Rincon Broadcasting Group
Sinclair Broadcast Group announced it will acquire a MyNetworkTV‑affiliated TV station in Tulsa from Todd Parkin’s Rincon Broadcasting Group. The sale follows Rincon’s purchase of the station in July 2025, marking a new transaction in the market’s broadcast landscape.
Denník N Acquires Brussels‑based EUobserver
Slovakia’s independent publisher Denník N announced the acquisition of EUobserver, taking over its assets and liabilities and injecting hundreds of thousands of euros. The deal marks Denník N’s first expansion into Western Europe and positions Tomáš Bella as EUobserver’s new CEO.
Kingswood Capital Management Completes Acquisition of Safran Passenger Innovations, Rebranding as RAVE Aerospace
Private equity firm Kingswood Capital Management completed its acquisition of Safran Passenger Innovations (SPI), now operating as RAVE Aerospace, earlier this month. The undisclosed deal positions RAVE Aerospace to focus on connected seatback experiences and LEO inflight connectivity as the...
Ubicquia Secures $106M Series D Funding to Accelerate Smart Grid Expansion
Ubicquia Inc. closed a $106 million Series D round led by 67 Capital and Marunouchi Innovation Partners, with participation from Hamilton Lane, ClearSky, GMS and strategic partner Sercomm. The capital will fund AI development, smart grid, lighting and public safety...
Lone Star Funds Secures $235M Refinancing for Florida Senior Housing Portfolio
Lone Star Funds obtained a $235 million mortgage to refinance an 11‑property senior housing portfolio in Florida and Texas. The loan was originated by Marathon Asset Management’s commercial real estate platform, with CBRE arranging the financing. The refinancing supports ongoing...
Hudson Arranges $28.5M Senior Secured Debt Financing for Heritage Energy Holdings
Hudson Sustainable Group acted as exclusive advisor and co‑sponsor to close a $28.5 million senior secured debt financing for Heritage Energy Holdings. The loan, provided by Eagle Point Credit, will fund Heritage’s expansion of its distributed solar and battery storage platform...
Itochu Corp to Increase Stake in Hitachi Construction Machinery to 33.4%
Japan’s Itochu Corp announced it will raise its ownership in Hitachi Construction Machinery NV from 20.4% to 33.4%, aiming to accelerate the equipment maker’s expansion in key markets such as North America. The transaction, pending regulatory clearance by April 2026,...
UK Tech Firm TeraView Announces Plans to List in Korea
UK-based imaging technology company TeraView has announced its intention to pursue an initial public offering on a Korean stock exchange. The move aims to tap into Korea's vibrant tech market and attract Asian investors, with the listing expected later this...
CenterBook Partners LP Invests $409,000 in Oceaneering International, Inc.
CenterBook Partners LP has invested $409,000 in Oceaneering International, Inc., providing fresh capital to the defense and engineering services firm. The investment, announced on Feb. 22, 2026, underscores CenterBook's focus on the defense sector.
Aula Energy Acquires Lightsource Bp’s 1 GW Australian Solar and Storage Portfolio
Aula Energy, the renewables arm of Macquarie, announced the acquisition of Lightsource bp’s five solar farms and associated battery storage options, totaling about 1 GW of operational PV capacity in Australia. The deal adds the first operating fleet for Aula in the...
Sony Interactive Entertainment Completes Acquisition of Bluepoint Games
Sony Interactive Entertainment announced the completion of its acquisition of Bluepoint Games, the studio behind acclaimed titles such as Demon's Souls remaster. The deal, finalized on February 22, 2026, expands Sony's portfolio of first‑party developers and strengthens its position in...
A.P Moller Capital’s Morocco Fund Raises $243 Million for Transport and Logistics Infrastructure
A.P Moller Capital’s Morocco Fund secured $243 million to invest in Morocco’s transport and logistics infrastructure, with a $65 million commitment from Emerging Markets Infrastructure Fund II and interest from other institutional investors. The capital will support port development, renewable energy projects, and...
Scatec Secures €34M Debt Financing From EIB and EBRD for 190 MW Romanian Solar Project
Scatec announced it has reached financial close for a 190 MW solar power project in Romania, backed by a €34 million loan from the European Investment Bank and the European Bank for Reconstruction and Development. The financing will enable construction of the...
Omnitech to Debut on Dalal Street in Upcoming IPO
Rajkot-based Omnitech, known for its precision shop-floor solutions, is set to list on India's Dalal Street, marking its transition from a private manufacturing firm to a publicly traded company. The IPO aims to raise capital to fund further expansion and...
Clean Max, PNGS Reva Lead Rs 4,300 Cr IPO Rush of Nine Companies Next Week
Nine Indian firms, including Clean Max and PNGS Reva, are set to launch IPOs next week, collectively targeting about Rs 4,300 crore in proceeds. The flurry of listings underscores strong market appetite for new capital raises.
Mattel to Acquire NetEase's Stake in Mattel163 Joint Venture
Mattel announced it will buy out NetEase's 50% stake in the Mattel163 joint venture, gaining full ownership of the digital gaming business that includes titles such as Uno, Uno Wonder, Phase 10, and Skip‑Bo. The terms of the transaction were...
NARCL Places ₹285 Crore Anchor Bid for BLA Power's Stressed Debt
National Asset Reconstruction Company Ltd (NARCL) has emerged as the anchor bidder for the stressed debt of BLA Power, offering ₹285 crore under a Swiss Challenge auction. The bid represents a 38.6% recovery of the ₹738.18 crore outstanding debt, with...
Saks Global Secures $1B Bankruptcy Loan After Court Approval
Saks Global obtained final court approval for a $1 billion bankruptcy loan, resolving vendor complaints that had previously delayed the financing. The loan will provide essential liquidity as the retailer navigates its restructuring process.
Nicolet Bankshares Completes Merger with MidWestOne Financial Group
Nicolet Bankshares, Inc. announced the completion of its merger with MidWestOne Financial Group, consolidating the two regional banks. The transaction, valued at undisclosed amount, was finalized on February 21, 2026.
Exact Sciences Stockholders Approve Abbott's $105 per Share Acquisition
Exact Sciences Corp announced that over 99% of voting shares, representing about 67% of outstanding shares as of the Jan 9, 2026 record date, approved Abbott's proposed acquisition. The deal will pay $105 cash per share and is expected to close by...
ASM Technologies Acquires 20% Stake in Myelin Foundry for ₹48 Crore
Bengaluru‑based ASM Technologies Ltd announced it will acquire a 20% stake in AI startup Myelin Foundry Private Limited for about ₹48 crore. The investment creates a strategic partnership to embed Myelin’s edge‑first AI stack into ASM’s manufacturing solutions across semiconductor, electronics,...
Bangladesh Navy Acquires Decommissioned UK Survey Ship HMS Enterprise
The UK government announced the sale of the decommissioned Royal Navy survey vessel HMS Enterprise to the Bangladesh Navy for an undisclosed amount. The ship, decommissioned in March 2023, will bolster Bangladesh’s maritime security and research capabilities.
Arif Habib Consortium to Acquire Full Control of Pakistan International Airlines
Arif Habib consortium announced plans to acquire full control of Pakistan International Airlines (PIA), taking the airline private. The terms of the transaction were not disclosed.
Magellan Power Raises A$15 Million Strategic Investment From Viburnin Funds
Perth‑based energy storage specialist Magellan Power announced a strategic investment from Viburnum Funds, which took a minority stake worth A$15 million. The funding will support Magellan’s expansion, including local manufacturing of its Karri home‑battery and community‑scale storage systems. The deal was...
Qiddiya Acquires Full Control of EVO Tournament
Saudi Arabia's Qiddiya announced it has taken full ownership of the iconic fighting‑game tournament EVO, marking a major expansion into esports. The deal, reported on Feb 20 2026, positions Qiddiya as the new operator of the event.
Novartis to Sell 70.68% Stake in Novartis India to Consortium for ₹1,446 Crore
Novartis AG announced the sale of its 70.68% stake in Novartis India Ltd. to a consortium of WaveRise Investments, ChrysCapital Fund X and Two Infinity Partners for ₹1,446 crore. The share purchase agreement was signed on 19 February 2026, concluding...
Mubadala Energy Acquires 15% Stake in Egypt's Nargis Offshore Concession From Eni
Mubadala Energy completed the acquisition of a 15% participating interest in the Nargis Offshore Area concession in Egypt from Eni. The deal expands Mubadala's portfolio in the East Mediterranean, while Eni retains a 30% contractor interest through its subsidiary IEOC....
Chemours to Receive $300M From Sale of Kuan Yin Site
The Chemours Company announced it has reached an agreement to sell its Kuan Yin site, expecting net proceeds of $300 million. The proceeds will be used to reduce debt and improve net leverage. The deal was disclosed during its Q4...
Eurazeo Completes Exit of Minority Stake in Ex Nihilo to L Catterton
Eurazeo has completed the sale of its minority stake in the Paris‑based luxury fragrance house Ex Nihilo to private equity firm L Catterton. The transaction, announced on February 20, 2026, marks Eurazeo’s exit from the brand. Deal value was not...
Generac to Acquire Enercon Engineering, Expanding Data Center Power Solutions
Generator manufacturer Generac announced it has signed a definitive agreement to acquire Enercon Engineering, a maker of custom power equipment and switchgear. The terms were not disclosed, and the transaction is expected to close in Q2 2026. The acquisition will...
Howard Hughes Holdings to Acquire Vantage Holdings, Adding $2.1B Insurance Asset
Howard Hughes Holdings Inc announced that it will acquire Vantage Holdings, a move that will add a $2.1 billion insurance asset to its portfolio and diversify earnings beyond real estate. The acquisition is expected to close in the upcoming quarter,...
Castellum Agrees Sale of Swedish Public-Sector Property Portfolio to AP7
Swedish real estate firm Castellum announced it has agreed to sell its public-sector property portfolio, which includes courts, police and prison facilities, to pension fund AP7. The terms of the transaction were not disclosed.
Century Properties Lists P5B Retail Bonds on PDEx
Century Properties Group, Inc. listed P5 billion of fixed‑rate retail bonds on the Philippine Dealing & Exchange Corp. (PDEx) on Feb. 20, 2026, with a first tranche of P3 billion and an oversubscribed option of P2 billion. Proceeds will fund expansion projects, including affordable‑housing...
Elkem to Sell Majority of Silicones Division to Bluestar
Elkem has entered into a definitive share purchase agreement to sell the majority of its silicones division assets to Bluestar. The transaction includes all assets, rights, liabilities and employees of the silicones business, and will streamline Elkem into a pure‑play...
LanzaJet Secures $47M Funding Led by IAG and Shell
Chicago‑based LanzaJet, a sustainable aviation fuel technology provider, announced a $47 million first‑close of a $135 million equity round at a $650 million pre‑money valuation. The round was led by IAG and Shell, with participation from Groupe ADP, LanzaTech, Mitsui and a grant...
MaXon Systems Raises Undisclosed Funding Round with Greenflag Ventures, BRAVE1, Freedom Fund VC and Big Defence
Ukrainian defence tech firm MaXon Systems announced it has closed a new funding round, with investors including Greenflag Ventures, BRAVE1, Freedom Fund VC and Big Defence. The round’s size was not disclosed. The capital will support development of its autonomous...
Citizens Financial Group to Acquire Matrix Capital Markets Group Assets
Citizens Financial Group announced it will purchase substantially all assets of Matrix Capital Markets Group, an investment bank serving downstream energy and convenience‑retail sectors. The cash‑funded transaction will be executed through Citizens’ subsidiary Citizens JMP Securities, with Matrix operating as...
Playcorion Group to Divest Snakebyte Distribution GmbH in Strategic Brand Refocus
Playcorion Group, formerly snakebyte Group, announced it will sell its distribution subsidiary snakebyte Distribution GmbH, exiting the distribution business effective March 2026. The divestiture is part of a restructuring to focus on brand‑led growth across its gaming hardware and accessories...
Omnitech Engineering to Float Rs 583 Cr IPO on Feb 25
Omnitech Engineering announced an IPO to raise Rs 583 crore, with a price band of Rs 216‑227 per share. The offering includes a fresh issue of Rs 418 crore and an offer‑for‑sale of Rs 165 crore, open to the public from Feb 25 to Feb 27, with anchor bidding...
VAROPreem to Acquire Sunpine, Sweden’s Tall Oil Refiner
VAROPreem announced its intention to acquire Sunpine, a Swedish tall oil refining company. The acquisition aims to expand VAROPreem’s presence in the renewable oil market. Financial terms were not disclosed.
EMEC Secures £15M Investment From UKRI to Expand Tidal Energy Test Facilities
The European Marine Energy Centre (EMEC) has secured a £15 million (≈€17.5 million) investment from UK Research and Innovation (UKRI), backed by the UK Government, to expand its tidal energy test facilities in Orkney. The Blue Horizon project will enable multi‑device tidal...
Essex Capital Markets Secures $20.8M Refinance for Lincoln Park Multifamily Portfolio
Essex Capital Markets, LLC arranged a $20.8 million loan to refinance a two‑property, 90‑unit multifamily portfolio in Chicago’s Lincoln Park on behalf of the ownership group operating as Beal. The loan, provided by a national banking partner, carries a 5.35% interest...
Signature Acquisitions Secures $21.45M Refinancing From Symetra Life Insurance
Arrow Real Estate Advisors arranged a $21.45 million refinancing for Signature Acquisitions, secured by a 203,506‑square‑foot Class A office property in Parsippany, New Jersey. The loan was provided by Symetra Life Insurance and is backed by a triple‑net lease to tenant Travel + Leisure.
Umlaut.bio Raises Pre-Seed Funding to €3M with BaseLaunch
German/Swiss biotech Umlaut.bio announced an extension of its pre‑Seed financing, bringing total funds to approximately €3 million, backed by investor BaseLaunch. The round supports the development of tRNA‑modifying small‑molecule therapies for cancer and inflammatory diseases.
Axis Medical Secures Undisclosed Investment From Spur Ridge Capital
Denver-based Axis Medical, a distributor of spinal implant and orthobiologic technologies, received an undisclosed investment from Spur Ridge Capital. The funding will be used to accelerate growth through operational infrastructure, sales initiatives, and strategic expansion, including acquisitions, while the company...