Reebok Owner Acquires Lee and Plans IPO with a New “Wall Street CEO”
Authentic Brands Group (ABG), the owner of Reebok, Champion and Brooks Brothers, announced it will pursue an initial public offering within the next twelve months. Simultaneously, ABG is acquiring the denim label Lee, expanding its apparel portfolio. Founder Jamie Salter will step down as CEO to become executive chairman, while former Wynn Resorts chief Matt Maddox will take the helm as the new "Wall Street CEO." The moves signal a strategic push to position ABG for public market scrutiny and growth.
The Main Takeaways From Elon Musk’s Plans for $1.75tn SpaceX Flotation
Elon Musk’s SpaceX filed a prospectus for a $1.75 tn (≈$1.63 tn) flotation slated for next month, seeking public capital to fund its multi‑planetary vision. The 2025 financials show a $4.9 bn loss on $18.7 bn revenue, with Starlink’s $11.4 bn connectivity segment the only...
Fat Brands to Be Sold to Multiple Buyers for Nearly $1B
Fat Brands, the owner of restaurant chains such as Round Table Pizza and Twin Peaks, has received court approval for a series of asset sales that total nearly $1 billion. Hot Dog on a Stick and Elevation Burger were sold for...
SpaceX, OpenAI and Anthropic Race to Go Public
SpaceX has filed an S‑1 prospectus, signaling an IPO that could launch as early as next month, making it the largest public offering ever contemplated. OpenAI is targeting a September listing after a $150 billion legal victory, while Anthropic eyes a...
Saudi Arabia's Alinma Bank Prices $500mn Sustainable AT1 Sukuk at 6.625%
Saudi Arabia’s Alinma Bank priced a $500 million sustainable AT1 sukuk at a 6.625% coupon, issuing 2,500 certificates with a $200,000 par value each. The perpetual capital instrument is callable after five and a half years, with settlement slated for June 3...
OpenAI Preparing to File for IPO Within Days (Report)
OpenAI is poised to file a confidential U.S. IPO as early as May 22, with a public debut targeted for September. The ChatGPT maker, valued at $852 billion after a $122 billion funding round, is working with Goldman Sachs and Morgan Stanley on...
Paramount-WBD Deal Raises Questions over SkyShowtime Future
Paramount’s pending acquisition of Warner Bros. Discovery could upend the SkyShowtime joint venture, as the deal would place HBO Max—already active in most of SkyShowtime’s 22 European markets—under the same corporate umbrella. Lawyers are reviewing the partnership’s shareholder agreement, which...
SpaceX IPO Requires Leap of Faith in AI, Mars and Musk’s Vision
SpaceX filed an unprecedented IPO prospectus that lays out a multi‑billion‑dollar valuation target while acknowledging soaring losses and growing debt. The filing reveals that Musk’s empire is pouring billions into artificial‑intelligence research and a next‑generation Mars launch vehicle. By betting...
Admiral Markets Announces Buyback Offer for up to 8,476 Tier 2 Bonds
Admiral Markets AS announced a buyback offer for up to 8,476 Tier 2 bonds issued in December 2017, covering a total nominal value of €847,600 (≈ $932,000). The repurchase price is €101.02 per bond (≈ $111), consisting of the €100 face value, a €1...
M&A Wave Hits the Mid-Market
Shawbrook’s latest research shows a surge in mergers and acquisitions among mid‑market firms, with 56% either actively negotiating or having recently closed a deal. Growth acceleration, demand management, and market entry each motivate roughly 30% of firms pursuing transactions. However,...
SpaceX S-1 Reveals Tesla’s Terafab Deal Is Far From Done
SpaceX filed a 308‑page S‑1 ahead of its anticipated IPO, revealing that its flagship collaborations with Tesla—Terafab and Macrohard—are still in “very early stages” with no binding financial terms, IP rights, or timelines. The prospectus shows a sharp rise in...
![[Video] Taking The Pulse, A Health Care and Life Sciences Video Podcast | Episode 277: M&A Trends and Growth in...](/cdn-cgi/image/width=1200,quality=75,format=auto,fit=cover/https://jdsupra-static.s3.amazonaws.com/profile-images/og.9605_3852.jpg)
[Video] Taking The Pulse, A Health Care and Life Sciences Video Podcast | Episode 277: M&A Trends and Growth in...
In the latest episode of "Taking The Pulse," Maynard Nexsen’s new health‑care attorney John Erwin discusses the accelerating pace of mergers and acquisitions in the life‑sciences sector. He highlights how data privacy, artificial intelligence and other emerging technologies are reshaping deal structures....
SpaceX Files, OpenAI Prepares for Hot IPO Summer
SpaceX officially filed for a Nasdaq IPO under the ticker SPCX, aiming to raise up to $75 billion and valuing the company at more than $2 trillion—far above the $29.4 billion record set by Saudi Aramco. At the same time, OpenAI is preparing a...
SpaceX Reveals Financial Data Ahead of IPO
SpaceX disclosed $18.67 billion in 2025 revenue in its SEC filing ahead of a June IPO, with a $2.59 billion operating loss but a $6.58 billion adjusted EBITDA. The company broke revenue into three segments: space ($4.09 billion), connectivity via Starlink ($11.39 billion), and AI...
SpaceX Files for IPO Showing $4.28 Billion Quarterly Loss
SpaceX filed a Form S‑1 to list on Nasdaq under the ticker SPCX, moving from a confidential filing in April to a public IPO registration. The prospectus disclosed a $4.28 billion loss for the latest quarter, highlighting the capital‑intensive nature of...
Neo Performance Materials Announces C$100 Million Bought Deal Treasury Offering of Common Shares
Neo Performance Materials announced a bought‑deal offering of 3.48 million common shares at C$28.75 each (≈US$21.30), targeting gross proceeds of roughly C$100 million (≈US$74 million). A syndicate led by BMO Capital Markets will purchase the shares, with a 15% over‑allotment option for market‑stabilization....
Osisko Development Announces Proposed Offering of US$275.0 Million Aggregate Principal Amount of Convertible Senior Notes
Osisko Development Corp. announced a proposed private placement of up to $275 million of convertible senior notes due 2031, including a $225 million base offering and an optional $25 million over‑allotment. An affiliated investor may purchase an additional $50 million of notes in a...
OpenAI IPO Will Happen ASAP, Say Insiders
OpenAI is poised to file for an IPO within days, with a potential NYSE debut as early as September, after a court dismissed Elon Musk’s lawsuit alleging fraud. The AI firm is burning roughly $1 billion each month and converting fewer...
OpenAI Barrels Toward IPO that May Happen in September
OpenAI is preparing to file for an initial public offering as early as September 2026, according to Wall Street Journal sources. The AI leader is working with Goldman Sachs and Morgan Stanley to submit a confidential registration statement within days...
Crypto Custody Firm Copper Is Looking to Sale the Company for $500 Million
Crypto custody firm Copper is seeking a $500 million sale, hiring Cantor Fitzgerald as advisor. Its flagship ClearLoop settlement system enables on‑platform delivery‑versus‑payment and supports over 1,000 active counterparties with roughly $50 billion of monthly notional trading. After shutting its enterprise custody...
SpaceX Expected to Make IPO Filing Public Today
SpaceX is set to file its S‑1 today, with Goldman Sachs leading a mega‑IPO that could value the company in the multi‑billion‑dollar range. The filing aligns with the imminent Starship launch, a move that underscores the firm’s confidence in its...
Aditya Birla Capital to Raise ₹4,000 Crore via Preferential Issue
Aditya Birla Capital (ABCL) announced a ₹4,000 crore (≈$480 million) preferential issue to raise fresh capital. The issue will be subscribed by its parent Grasim Industries for ₹2,880 crore, Singapore‑based Suryaja Investment for ₹200 crore, and the International Finance Corporation for ₹920 crore, at ₹356 per share....
Hapag-Lloyd Acquisition Target Zim in the Red for Q1
Zim Integrated Shipping Services reported a $86 million net loss for Q1 2026, a sharp reversal from a $296 million profit a year earlier. Revenue fell 30% to $1.4 billion and TEU volumes slipped 8%, while average freight rates dropped 26% to $1,310 per...
This CEO Turned a Complex AI Story Into a $95 Billion IPO
Cerebras Systems went public last week with a debut valuation of $95 billion, marking one of the largest tech IPOs of the decade. Founder‑CEO Andrew Feldman distilled the company’s wafer‑scale AI chip technology into a concise three‑act story that resonated with...
Tuneable Peptide Biotech Parabilis Files IPO
Parabilis Medicines, the Cambridge‑based tuneable peptide biotech, filed a Nasdaq prospectus to raise roughly $100 million in an IPO under the PBLS ticker. The offering follows a $305 million private round and a multi‑billion‑dollar alliance with Regeneron, which contributed $50 million upfront and...
PIC, Balwin Founders Launch Bid to Take the Property Developer Private
A consortium of the Public Investment Corporation and Balwin Properties' founders has offered R4.35 per share, valuing the residential developer at roughly R2.26 billion (about $119 million). The bid represents a 41% premium to the 180‑day VWAP and would take Balwin private,...
AIIB, ADB, StanChart Back Uzbekistan Wind Farm- #BeltAndRoad #Economy #Infrastructure
The Asian Infrastructure Investment Bank has approved a $107 million loan to Acwa for the Bash 2 wind power plant in Uzbekistan’s Bukhara region. The 300‑megawatt project, co‑financed by the Asian Development Bank and Standard Chartered, will generate roughly 943 GWh annually, powering...
Diana Shipping Inc. Releases Investor Presentation Highlighting Need for Change at Genco Shipping & Trading
Diana Shipping Inc. has launched a cash tender offer for Genco Shipping & Trading at $23.50 per share, a 31% premium to the undisturbed price and roughly 1.0 × Genco’s net asset value. The proposal is backed by $1.433 billion of fully committed...
Mentari Therapeutics Announces Merger with InMed Pharmaceuticals, Concurrent $290 Million Private Placement
Mentari Therapeutics, a biotech focused on migraine prevention, announced a merger with InMed Pharmaceuticals alongside a $290 million private placement. The financing round was led by Fairmount and featured investors such as a16z Bio + Health, Venrock, Wellington Management, and Blackstone...
Sustainable Bond Issuance Rebounds in Q1 2026, Still Down From Prior Year: Moody’s
Global issuance of labelled sustainable bonds rebounded sharply in Q1 2026, reaching $241 billion, an 18% increase from the previous quarter but still 17% below the same period last year. Green bonds continued to dominate, accounting for roughly 63% of total volumes,...
York Space Systems to Acquire Solestial
York Space Systems announced a definitive agreement to acquire Solestial, a U.S.-based maker of ultra‑thin, radiation‑hardened solar cells, for an undisclosed price. The deal, expected to close in Q2, marks York’s third acquisition in 2024 following All.Space ($355 M) and Orbion...
Big Six Bank Valuations at All-Time High, Raising Bar for Earnings Season
Canadian “Big Six” banks are trading at record valuations as their price‑to‑earnings ratio hit 13.7 and price‑to‑book climbed to 2.2, both well above historical averages. Dividend yields have slipped to roughly 3% from a 10‑year norm of 4.4%, while shares...
The Operator Led Evolution in European Healthcare M&A: The Rise of Founder Bankers in HealthTech, MedTech, FemTech and Healthcare AI
European healthcare M&A is entering a structural inflection point as founder‑bankers—former entrepreneurs and clinicians—displace traditional bulge‑bracket banks for the majority of mid‑market HealthTech, MedTech, FemTech and AI deals. While large cross‑border mega‑transactions above €500 million still rely on Goldman Sachs or...
The Great 2026 Stall: IPO Fundraising Falls to Two-Year Low with Fears that Second Half Could Be Sluggish
IPO fundraising in India fell to Rs 56,322 crore (≈$6.8 bn) in the first five months of 2026, a 32% drop from the same period last year and the lowest level since 2024. The slowdown reflects heightened geopolitical risk, volatile oil prices and...
Haussmann Development Closes on Construction Loan for Manhattanville Mixed-Income
Haussmann Development closed a $40.75 million construction loan with Affinius Capital and Axonic Capital to fund an 84‑unit mixed‑income residential building at 16–20 Convent Ave. in Manhattanville, an Opportunity Zone adjacent to Columbia University. The project will be built under New York...
Power Giants NextEra Energy and Dominion Energy Eye $67B Link
NextEra Energy announced a stock‑heavy acquisition of Dominion Energy valued at roughly $67 billion, forming the largest U.S. electricity producer. The combined company will serve about 10 million customers and own a portfolio of megaprojects across the East Coast. Post‑deal market capitalization...
NextEra’s Dominion Megamerger: How It Affects Your Portfolio
NextEra Energy announced an all‑stock acquisition of Dominion Energy valued at roughly $67 billion, creating a combined utility with an estimated market value of $249 billion. The merger will make the new entity the third‑largest energy company in the United States, behind...
Hertz Vehicle Financing III LLC, Series 2026-1 and Series 2026-2: Presale Report
Hertz Vehicle Financing III LLC announced a presale offering of two senior unsecured note series, Series 2026‑1 and Series 2026‑2, slated for issuance later this year. DBRS, Inc. assigned provisional credit ratings to both series, providing an early gauge of credit quality. The notes...
Could New Zim Offer Start Bidding War?
ZIM Integrated Shipping Services shareholders approved a $4.2 billion takeover by Germany’s Hapag‑Lloyd and Israel’s FIMI Opportunity Funds, creating a New Zim entity that keeps 16 Israel‑flagged vessels and a government golden share under national control. A competing all‑cash offer of...
Diana Shipping Cashes in Part of Its Stake in Takeover Target Genco
Diana Shipping has sold a modest portion of its Genco Shipping & Trading stake, estimated at 100,000‑150,000 shares out of the 6.4 million it previously owned. The Greek carrier did not disclose the exact number of shares sold, but the transaction...
Staple Financing in M&As: Pre-Arranged Funding Benefits
Staple financing is a pre‑arranged debt package that investment banks attach to an acquisition term sheet, offering potential buyers ready‑made funding. By eliminating the need for last‑minute financing, it speeds the bidding process and can drive higher sale prices through...
Merck Eyes $6 Billion in Seven-Part Bond Sale for Terns Deal
Merck & Co. is planning a $6 billion investment‑grade bond issuance to finance its purchase of Terns Pharmaceuticals. The debt will be offered in up to seven separate tranches, with the longest being a 30‑year note. The senior tranche is expected...
KKR Explores Potential $3bn Bay Club Sale
KKR is weighing a sale of The Bay Club Company that could fetch roughly $3 billion. The private‑equity firm has tapped Moelis & Co. and Morgan Stanley to manage the early‑stage process. Since KKR bought the West Coast premium‑membership operator in...
M&A Insiders Predict the Market Will Continue to Surge This Year
Bain & Company’s latest survey of 303 M&A executives shows 80% expect deal activity to hold steady or rise in 2026 after a 40% jump in aggregate deal value during the second half of 2025. The first quarter of 2026...
US DOJ Scrutinises Valuation Practices at BlackRock Private Credit Fund
Federal prosecutors in Manhattan are probing valuation practices at BlackRock's private credit fund, BlackRock TCP Capital Corp (TCPC). The inquiry follows TCPC's January off‑cycle update warning of a roughly 19% portfolio value decline, which triggered a sharp share price drop...
KKR Taps Morgan Stanley Exec to Lead Japan Capital Markets Unit
Kohlberg Kravis Roberts (KKR) has hired Masahiro Shuto, former president of Morgan Stanley Investment Management’s Japan arm, as managing director and head of its Japan capital markets unit. Shuto will oversee institutional fundraising, expand KKR’s insurance‑related operations, and serve strategic...
Thoma Bravo Weighs Sale of Command Alkon Stake at up to $1.75bn Valuation
Thoma Bravo is testing the market for its 55% stake in construction‑software firm Command Alkon, hiring Evercore to run a sale that could value the company at $1.5‑$1.75 billion. Command Alkon, which posted over $230 million in revenue and roughly $92 million of...
Muthoot FinCorp May Dilute at Least 10% Stake in Proposed IPO
Muthoot FinCorp, India’s leading gold‑loan NBFC, plans to raise up to Rs 4,000 crore (≈$480 million) in a fresh‑issue IPO. The board approved a minimum 10% dilution of the family’s stake, with the final percentage tied to valuation. Proceeds will fund accelerated growth...
SMGP Taps ₱30-Billion Bond War Chest to Accelerate Renewable Energy Projects
San Miguel Global Power Holdings (SMGP) raised a ₱30 billion (~$540 million) bond, allocating nearly half (₱14.84 billion, about $267 million) to solar and hydro projects as part of its renewable‑energy push. The funding also supports a 200‑MW baseload supply contract with Meralco that...
LiveRamp Announces Fourth Quarter and Fiscal Year 2026 Results
LiveRamp reported Q4 2026 revenue of $206 million, a 9% year‑over‑year increase, and full‑year revenue of $813 million, also up 9%. GAAP operating income turned positive at $15 million in the quarter and $83 million for the year, driving a record operating cash...