Once Close Enough for an Acquisition, Stripe and Airwallex Are Now Going After Each Other
Airwallex rejected Stripe's $1.2 billion acquisition bid when it was pulling $2 million in revenue, opting to stay independent. Since then the Melbourne‑based fintech has surged to over $1.3 billion in annualized revenue, 85% year‑over‑year growth, and processes roughly $300 billion in transactions. By amassing close to 90 financial licences across 50 markets, it can hold funds locally and cut 2‑3% foreign‑exchange fees that Stripe typically charges. The two firms, once merger candidates, are now head‑to‑head as Airwallex eyes a U.S. push and Stripe expands globally, despite a valuation gap of roughly twenty‑fold.
Precision Aerospace Files Amended S‑4 for SPAC Merger with FACT II
Precision Aerospace & Defense Group, Inc. and SPAC sponsor FACT II Acquisition Corp. announced today that they have filed an amended registration statement on Form S‑4 with the SEC. The amendment updates the prospectus for the proposed business combination that...
MPE Partners and SKB Cases Acquire Nanuk, Boosting Specialty‑Case Portfolio
MPE Partners, the Morgenthaler Private Equity firm, and its portfolio company SKB Cases announced the acquisition of Nanuk Protection Equipment Inc., a Quebec‑based maker of high‑end injection‑molded protective cases. The transaction, financed by Apogem Capital, positions the combined platform to...
Bain Capital Sells Korea Zinc Stake to Meritz for $350 Million, Reshaping Shareholder Alliances
Bain Capital has sold its entire Korea Zinc stake to Meritz Securities for 514.1 billion won ($350 million), triggering a reshuffle of the contested shareholder bloc backing the smelter’s chairman. The deal comes as Hanwha Group eyes a $1.7 billion exit amid a...
UCB to Acquire Neurona Therapeutics for Up to $1.15 Billion, Boosting Epilepsy Portfolio
Belgian biopharma UCB announced a deal to buy U.S.‑based Neurona Therapeutics for up to $1.15 billion, with $650 million paid upfront and up to $500 million in milestones. The acquisition strengthens UCB’s epilepsy franchise and is expected to lift adjusted EBITDA into the...
International Paper to Buy NORPAC for $360 Million, Boosting West Coast Capacity
International Paper announced a $360 million deal to acquire North Pacific Paper Company (NORPAC) from One Rock Capital Partners. The Longview, Washington mill adds roughly one million tons of containerboard capacity and will broaden IP’s recycled packaging portfolio in the western...
American Airlines Denies United Merger, Praises Trump Leadership
American Airlines says they’re not discussing or interested in merging with United, and they appreciate Trump’s leadership.
Hollywood Fears Retaliation After Anti‑Paramount Letter
"The worry is that this letter, and people who signed it, end up becoming Larry Ellison’s blacklist." Brian Lowry's latest column for @get_status is about Hollywood's growing concerns with Paramount WBD deal—and how major figures are speaking out, even though they...
Nippon Express to Acquire Metro Supply Chain for $1.6 Billion
Nippon Express Holdings Inc. announced it will acquire Canada‑based Metro Supply Chain Group for up to $1.6 billion, comprising an enterprise value of C$1.8 billion and a conditional cash payment of C$400 million. The deal is expected to close between July and December...
AA Rules Out United Merger, Keeps Deal Options Open
American Airlines Denies United Merger Talks — But Leaves Room For Other Deals - View from the Wing https://t.co/hZc2NQhXm9
UCB to Acquire Neurona for $1.2B, Targeting Seizure Cell Therapy
UCB, betting on seizure cell therapy, to buy Neurona for up to $1.2B https://t.co/LxI1Omodan by @realJacobBell $UCB
Elpro International Acquires Minority Stake in Ambuja Cements
Elpro International Ltd purchased 136,000 equity shares of Ambuja Cements Ltd for INR 60.2 million (approximately $720,000) in cash, marking its entry into the cement sector. The transaction was completed as per a regulatory filing to the Bombay Stock Exchange.
Tooru to Acquire Plant-Based Milk Machine Startup Mylky for $16.2M
UK wellness‑focused investor Tooru has agreed to acquire Belgian plant‑based milk machine startup Mylky for £12 million ($16.2 million). The transaction, funded with cash, a £3 million loan note and newly issued Tooru shares, gives Tooru 100% ownership and expands its portfolio of...
U.S. Markets Edition - 17-Apr-26
The video centers on a newly declared 10‑day ceasefire between Israel and Lebanon, with President Donald Trump signaling upcoming White House talks involving Israeli and Lebanese leaders. The announcement coincides with a surge in equity markets, as the Nasdaq posts...
Tooru's Scott Livingston on What Addressable Market Is for Mylky’s ‘Free-From, Made-at-Home’ Market
The video features Tooru’s Scott Livingston outlining the addressable market for Milky’s free‑from, made‑at‑home dairy alternatives. He notes that Milky has sold over 70,000 units across Europe and has yet to launch in the UK, positioning the brand in a...
American Airlines Dismisses United’s Merger Pitch, Citing Competition Negativity
American Airlines publicly rejected any merger discussions with United Airlines, emphasizing that a combination would harm competition and consumers. The denial follows reports that United CEO Scott Kirby had pitched the idea to the Trump administration as early as last...
American Airlines Denies United Merger Talks — But Leaves Room For Other Deals
American Airlines publicly denied any merger discussions with United Airlines, emphasizing antitrust risks and alignment with the Trump administration’s competition stance. The carrier’s statement highlighted that a United combination would harm consumers and conflict with the administration’s philosophy. While rejecting...
Pat McGrath Labs Exits Bankruptcy With a New Owner
Pat McGrath Labs has emerged from Chapter 11 after a U.S. judge approved a restructuring that places Florida‑based GDA Luma in control. The firm provided a $30 million bankruptcy financing package, while founder Pat McGrath returned as chief creative officer. The brand, once...
Consumers Put A WBD-Paramount Merger On Probation
Warner Bros. Discovery’s pending acquisition of Paramount is set for a shareholder vote on April 23, 2026, marking the most critical stage of a deal that would consolidate film, TV, streaming and news assets. Forrester’s March 2026 Consumer Pulse Survey of 540 U.S....
REPAY Confirms Receipt of Unsolicited, Non-Binding Proposal From Forager Capital Management
Repay Holdings Corp. (NASDAQ: RPAY) disclosed that it has received an unsolicited, non‑binding cash offer from shareholder Forager Capital Management to acquire all outstanding shares at $4.80 per share. The board will review the proposal with financial and legal advisors,...