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Sysco has announced a $29.1 billion bid to acquire Jetro Restaurant Depot, merging its delivery‑centric network with Depot’s cash‑and‑carry warehouse model. The combined platform would serve over 700,000 independent operators through mixed pick‑up and delivery options, targeting roughly $250 million in annual cost synergies within three years. By controlling both channels, Sysco can shift margins to the network level and leverage real‑time purchasing data. The deal faces antitrust review and adds about $21 billion of debt, creating integration risk.
Germany's Eat Happy Group and Hana Group's European sushi operations are negotiating a merger, backed by a strategic investment from One Rock Capital Partners. The combined entity would cover roughly 5,800 points of sale across 14 European countries, linking Hana's...
Phantom Space announced the acquisition of Thermal Management Technologies (TMT), a specialist in satellite thermal components, to strengthen its in‑orbit data‑center project called Phantom Cloud. TMT will operate as a Phantom subsidiary with founder Scott Schick remaining as general manager,...
The Bloomberg US Leveraged Loan Index (LOAN) posted a 0.48% gain in March, snapping a slide that began in January. The modest rebound lifted the year‑to‑date performance to a still‑negative ‑0.56%. The March uptick reflects improving credit market sentiment after early‑year...
Chennai‑based dronetech startup Garuda Aerospace has pre‑filed its draft red herring prospectus with SEBI, paving the way for an IPO that could raise up to ₹750 crore (about $90 million) through a fresh issue and an undisclosed offer‑for‑sale component. The board also...
A federal judge left open a potentially massive liability for the nation’s biggest municipal‑bond underwriters over $13.46 billion of Puerto Rico bonds. The court‑appointed trustee, Drivetrain LLC, is seeking the return of $84.2 million in underwriting fees and $1.32 billion in swap‑termination fees,...
Dimension Energy secured a $650 million financing package to develop a 132 MW portfolio of 25 community solar projects across Pennsylvania, New York, New Jersey and Illinois. The deal includes $415 million in debt from MUFG, First Citizens Bank, ING Capital and National Bank of...
Hg has completed an all‑cash take‑private acquisition of OneStream, valuing the enterprise finance management platform at roughly $6.4 bn in equity. The transaction adds a leading cloud‑based corporate performance management solution to Hg’s technology portfolio. By buying the company outright, Hg...
MetaWealth announced the launch of its first battery energy storage system (BESS) in Dumbrava, Neamț, Romania, financed in part through a corporate bond aimed at retail investors. The bond carries a minimum ticket size of €25,000 (about US$29,000), marking a...
Moody's has provisionally rated a $100 million taxable revenue bond, the Waverose Finance Project, that uses Bitcoin as pledged collateral. The bond is structured with 1.60× initial collateral coverage and a liquidation trigger at 1.40×, meaning a roughly 12.5% Bitcoin price...
Roth/MKM downgraded Apellis Pharmaceuticals to Neutral from Buy and lifted its price target to $41, matching Biogen’s cash offer of $41 per share. The acquisition values Apellis at roughly $5.6 billion, an 86% premium to its recent average price, and is...
Amazon is in advanced talks to acquire satellite‑telecom firm Globalstar as it accelerates its low‑Earth‑orbit (LEO) broadband project, Kuiper. Globalstar, valued at about $8.8 billion, saw its shares jump 24% to $85 after the news. The deal would give Amazon access...
The US broadly syndicated loan market issued about $779 billion in the first quarter of 2026, marking a 6% decline year‑over‑year and a 10% drop from the previous quarter. New‑issue loans accounted for roughly 32% of total activity, amounting to $251 billion,...
A Singapore‑based bank has launched its first Synthetic Risk Transfer (SRT) transaction, marking the debut of structured credit deals on the market’s starting blocks. The SRT will package corporate loan exposures into a synthetic instrument, allowing the bank to offload...
Allegro secured a £2 million (approximately $2.6 million) facility from Beechbrook Capital, which carries a BBB credit rating. The funding is earmarked to expand Allegro’s UK film‑lending platform, a niche segment of asset‑backed finance. The deal underscores the growing appetite for structured...
Ninety One announced it will wind down its European private‑credit strategy, effectively exiting a segment that has faced slowing fundraising and heightened credit risk. The firm will liquidate existing positions and return capital to investors over the coming months. Management...
Amazon is reportedly in advanced negotiations to acquire Globalstar, a satellite communications firm valued at roughly $9 billion. The move would give Amazon a low‑Earth‑orbit constellation capable of delivering broadband services worldwide. Analysts see the deal as Amazon’s bid to build...
J.P. Morgan Chase provided a $765 million permanent loan to refinance Rabsky Group’s 35‑story, 1,102‑unit multifamily tower at 625 Fulton Street in Downtown Brooklyn. The new financing replaces $555 million of construction debt originally supplied by Madison Realty Capital. The development includes...
One year after LPL Financial’s $2.7 billion acquisition of Commonwealth Financial Network, 654 advisors—about 22% of the original 3,000—have departed for rival firms. Raymond James emerged as the primary destination, adding 145 former Commonwealth advisors, while independent broker‑dealers Kestra and Cambridge Investment...
European banks skipped issuing new subordinated bonds in March as spread volatility made the segment unattractive, while senior unsecured issuances totaling roughly $6.7 billion continued. Belgium’s state‑owned Belfius Bank is weighing a partial privatization and plans to expand its insurance footprint,...
Greystone has extended a $32.56 million Freddie Mac loan to Bayshore Properties for the purchase of the 253‑unit Aspen Ridge Apartments in West Chicago. The financing is complemented by a $5.5 million preferred equity investment from Mandelbaum & Associates, together covering the acquisition...
Blackstone’s Life Sciences Fund VI has closed its fundraising round well above the original target, securing roughly $1.5 billion from limited partners. The fund’s platform claims a regulatory approval rate that is almost twice the industry average, a metric highlighted by...
London‑based cross‑border payment provider Sokin announced a strategic push into North America, backed by a $300 million Series B valuation and a $100 million debt facility. New CFO Tom Steer, hired from Financial Technology Partners, will steer capital strategy, M&A and growth initiatives....
Moody’s Ratings raised Alum Rock Union Elementary School District’s issuer rating from A2 to A1 and its general‑obligation bonds to Aa3 as the district prepares a $52.5 million bond issuance. Despite a projected enrollment loss of over 1,000 students by fiscal...
Cross River Bank’s parent, CRB Group, announced a $50 million common equity raise from existing shareholders and investors advised by T. Rowe Price. The capital will be deployed to accelerate product development, expand the embedded‑finance platform, and meet heightened regulatory requirements....
HYBE announced a $100 million paid‑in capital increase for its U.S. arm, HYBE America, acquiring 10 million new shares. The infusion is intended to smooth operations of the e‑commerce and label businesses, which posted $19 million revenue and a $12 million net loss in...
Banco Santander is arranging two large synthetic risk transfers (SRTs) to offload more than $1.33 billion of UK commercial‑real‑estate loans and about $2 billion of US corporate loans. The moves aim to free capital ahead of its $12 billion acquisition of Webster Financial...
Cook & Boardman, backed by private‑equity firm Platinum Equity, announced the acquisition of systems integrator Assurance Media. The deal adds Assurance Media's expertise in security system integration to C&B's existing portfolio of access and security solutions. The transaction underscores C&B's...
Anfield Energy Inc. has amended its credit facility with lender Extract Advisors by issuing 50,000 bonus common shares and 180,085 warrants priced at C$8.11 (≈ $6) each. The warrants must be exercised before September 26, 2028, with proceeds earmarked to repay the facility’s...
GoodLeap Home Improvement Solutions Trust issued the GDLP 2026‑1 asset‑backed securities, raising $408.9 million. The deal finances 37,987 home‑improvement loans covering LED lighting, HVAC, windows, doors and generators, with an average loan balance of $11,960 and a 12.56% interest rate. The ABS...
Cohesity’s CFO Eric Brown outlined a three‑stage post‑merger strategy after acquiring Veritas’ data‑protection portfolio in February 2024. The plan began with a customer‑retention phase that unified sales teams and allowed partial down‑sells to keep Veritas clients. In fiscal 2026 the focus shifts...
BDx Data Centers has closed a $320 million loan facility led by Bank Permata, BCA and KB Bank to fund its Indonesia expansion. The financing will support the AI‑focused CGK3 campus in Jakarta, upgrade high‑voltage power at the CGK4 and CGK5 sites,...
Bank of Hope announced an all‑cash acquisition of SMBC Manubank’s California commercial banking unit, adding eight Southern California branches, roughly $2.5 billion in commercial and CRE loans and $2.7 billion in deposits. The deal, slated to close in the second half of...
Knightvest Capital secured an $81 million five‑year floating‑rate loan from Mesa West Capital to refinance the 313‑unit Domain Memorial townhome community near Houston. The loan will fund interior renovations and recent capital improvements, including an EV charging station and upgraded amenities....
Indian jewellery startup Palmonas announced a $40 million (≈₹373 crore) Series B round led by Xponentia Capital and Vertex Growth Fund, with participation from existing backer Vertex Ventures SE Asia & India. The capital will fund an aggressive rollout of new physical stores,...
Censys announced a $70 million financing package, comprising a $40 million Series D equity round led by Morgan Stanley Expansion Capital and $30 million of debt. The funding lifts the company’s total venture capital to over $149 million. Censys provides a continuously refreshed global map...
The Westfield Retirement Board, a U.S. public pension fund, has issued a formal request for proposals (RFP) to recruit private equity investment managers. The RFP signals the board’s intent to allocate a sizable portion of its portfolio to private equity,...
Paragon Therapeutics is spinning out its Alzheimer’s-focused unit, Korsana Biosciences, via a reverse merger that will list the company on a U.S. exchange. The deal, championed by Paragon co‑founder Jonathan Violin, merges Korsana with a publicly traded shell, providing immediate...
CliftonLarsonAllen (CLA) announced the acquisition of Wisconsin‑based tech advisory firm Answerport, marking its first M&A transaction in almost a year. The deal, terms undisclosed, adds Answerport’s expertise in post‑deal IT integration, system carve‑outs, and ongoing operations. Answerport, known for serving...
Lane Financial’s latest ILS report shows that non‑impaired natural catastrophe bond yields have risen from 5.14% to 5.98% in Q1 2026, lifting the underwriting margin by 77 basis points. However, higher yields have pushed average secondary‑market prices down to $101.7 from...
Molex has finalized its purchase of Smiths Interconnect, the largest deal in its history, adding ruggedized connectors, RF components and semiconductor‑test expertise to its portfolio. The combined company now operates more than 90 manufacturing sites across 22 countries and employs...
BDx Data Centers has secured a $320 million loan from a consortium of Indonesian banks to fund its AI‑focused data‑center campuses in Jakarta. The financing will expand liquid‑cooling infrastructure and boost high‑voltage grid capacity to 1.2 GVA at the CGK4 and CGK5...
Bulgarian‑based BlackPeak Capital led a $35 million Series B round for Alcatraz, a facial‑biometric access control firm, with an additional $15 million in commitments, pushing total funding past $100 million. The capital, co‑led by Cogito and Taiwania Capital and backed by existing investors such...
The Depository Trust & Clearing Corporation (DTCC) unveiled Rapid Issuance, a new service on its Underwriting Central platform that automates the full lifecycle of equity‑linked structured notes. The solution enables issuers to complete closings within an hour, promising faster time‑to‑market,...
Royal Agrifirm Group announced on March 31 that it will acquire Hamlet Protein, a leading supplier of specialty soy‑based protein ingredients for young animal nutrition. The deal, expected to close within weeks pending customary conditions, adds Hamlet’s production sites in Denmark...
ON24, Inc. shareholders approved a merger with Summit Sub Corporation, a Cvent subsidiary, on March 26, 2026, and the deal closed on April 1. The transaction converts each ONTF share into a cash payment of $8.10, equivalent to $810 per standard option...
Agile Robots completed the acquisition of thyssenkrupp Automation Engineering’s assets, rebranding the unit as Krause Automation. The deal gives the Munich‑based AI‑robotics firm a strong presence in Europe and North America and adds over 75 years of engineering heritage. By...
EnerVenue closed a $300 million Series B extension led by Full Vision Capital, adding a new investor to the round. The funding will finance rapid expansion of its high‑volume nickel‑hydrogen battery plant in Changzhou, China, and accelerate supply‑chain development. The company also...
IEVA Group, Europe’s leading personalised beauty and wellness provider, debuted on Euronext Growth Paris on March 31, 2026. The IPO sold 571,436 new shares at €12.79 each, raising €7.3 million (about $8 million) and valuing the company at €126 million (roughly $137 million). IEVA’s AI‑powered ecosystem...
Union Pacific has filed to acquire Norfolk Southern, creating the nation’s first true transcontinental railroad with over 50,000 miles of track across 43 states. The combined entity would control roughly 40% of U.S. rail freight, matching BNSF’s current market share....
