Know What's Happening in M&A
Know What's Happening in M&A
Wall Street analyst Dan Ives predicts that Tesla and SpaceX will merge in 2027, citing growing operational overlap and shared AI ambitions. The forecast follows Tesla’s $2 billion investment in xAI being converted into a sub‑1% equity stake in SpaceX and the launch of a joint Terafab chip facility in Austin. Ives also notes SpaceX’s upcoming IPO, which could raise about $75 billion at a $1.75 trillion valuation, providing capital for AI‑focused satellite infrastructure. He maintains an Outperform rating on Tesla with a $600 price target, framing the merger as a “holy grail” for Musk’s tech empire.
Unity reported first‑quarter revenue of $505‑$508 million, comfortably beating its $480‑$490 million guidance, and forecast adjusted EBITDA up to $135 million, a 58% year‑over‑year increase. The company announced it will shut down the IronSource Ads Network by April 30 2026 and is actively seeking a...
Private equity firms are flocking to women’s health, drawn by a projected $1 trillion spend gap that creates lucrative growth opportunities. Dealmakers such as Astorg, Cinven and Nordic Capital are also targeting pathology assets, citing rising demand for diagnostic services and...
Xanadu Quantum Technologies went public on Nasdaq and the Toronto Stock Exchange, raising $302 million in gross IPO proceeds. The listing also unlocks up to $288 million in Canadian federal and provincial funding and an additional $17 million from the Canadian Quantum Champions...
Italian pharma group Recordati has received a €10.9 billion (≈ $12.5 billion) unsolicited takeover proposal from private‑equity firm CVC Capital Partners, which would take the company private and delist it from the Milan exchange. CVC already controls roughly 47% of Recordati’s shares, having...
Synchronoss Technologies appointed Pat Doran as chief executive after Lumine Group completed its acquisition. The leadership change comes as Lumine shares fell to C$22 (≈$16.30) on the TSXV, underscoring the need for swift operational integration and growth.
Guardian Capital Group completed a $1.67 billion take‑private transaction with Desjardins, becoming part of Desjardins Global Asset Management. CEO George Mavroudis, now also president of Desjardins’ asset‑management arm, outlined a plan to accelerate growth in the advisor channel, emphasizing long‑term product...
Advent International is selling its hair‑care brand Olaplex to German conglomerate Henkel for $1.4 billion, ending Olaplex’s Nasdaq listing and Advent’s ownership. The deal values Olaplex at roughly $1.4 billion, reflecting its strong consumer base and premium pricing. Henkel will integrate Olaplex’s...
Paychex posted $1.8 billion in Q3 revenue, a 20% jump driven by Paycor integration and AI‑enabled services. The earnings beat and new $1 billion share‑repurchase authorization signal confidence in its expanding HR platform. Analysts see the results as a bellwether for the...
ANA Holdings is consolidating the sales and warehousing functions of its recent acquisition, Nippon Cargo Airlines (NCA), with its ANA Cargo unit starting 1 April. The move creates a single global sales point and merges domestic warehouses at Chubu Centrair and...
Brown‑Forman, represented by FGS Global, announced it is in merger discussions with French liquor giant Pernod Ricard. Both companies describe the potential deal as a merger of equals that would create a global spirits leader with a balanced geographic footprint. Pernod Ricard...
Novartis announced it will pay up to $2 billion upfront to acquire Excellergy Inc., securing the biotech’s next‑generation anti‑IgE candidate. The move comes as Xolair, Novartis’ blockbuster allergy drug, prepares for imminent biosimilar competition that could erode its market share. By...
Keppel and Simba Telecom have agreed to push back the long‑stop date for Simba's acquisition of M1's telecom business to May 21 2026, after the Infocomm Media Development Authority extended its regulatory review. The transaction, announced in August 2025, values M1's enterprise...
Tenneco Clean Air India, a subsidiary of the $17 billion U.S. Tenneco group, is gearing up for a new growth phase that includes a potential first acquisition, a new manufacturing plant in Haryana and a $2 million boost to its R&D centre....
A group of five private‑equity firms—Astorg, Cinven, Nordic Capital, Consonance and Pike Street—are actively pursuing acquisitions of pathology assets. Their coordinated interest highlights the growing attractiveness of diagnostic services as a stable, cash‑generating sector. The firms aim to consolidate a...
Portuguese‑based Etu Energias has signed a sale‑and‑purchase agreement to acquire Azule Energy’s 20% stake in Block 14 and 10% stake in Block 14K, offshore Angola. The deal, valued at up to $310 million including $115 million in contingent payments, replaces a previously aborted consortium...
Warner Bros. Discovery announced that shareholders will vote on its proposed merger with Paramount Global and Skydance Media, a transaction underpinned by a $40 billion commitment from Larry Ellison. The vote date was not disclosed, but the move pushes the deal...
Env Zero and CloudQuery announced a merger that unites governance‑focused delivery tooling with a normalized, SQL‑queryable data layer for multi‑cloud assets. The deal aims to close the “operational gap” that DevOps teams face between seeing cloud resources and safely remediating...
Linklaters and Freshfields have obtained European Union merger‑control clearance for a €43 billion ($50 billion) asset swap between German energy giants RWE and E.ON. The decision by the EU’s top court ends almost six years of appeals and clears the path for...
L Catterton Real Estate and Cedar Capital Partners announced a strategic joint venture to build a luxury hospitality platform, immediately acquiring the 177‑key Garden Beach Hotel on the French Riviera and the 204‑key Penha Longa Resort near Lisbon. The partnership...
Amazon has bought Fauna Robotics, the maker of the $50,000 Sprout humanoid robot, adding a kid‑size, developer‑friendly bot to its growing robotics lineup. The deal, announced on March 24, positions Amazon against Tesla and expands its reach beyond warehouse automation...
The UK Competition and Markets Authority (CMA) launched a Phase 1 merger inquiry on 27 March 2026 into the joint venture between Brazil’s Suzano and consumer‑goods giant Kimberly‑Clark. The inquiry invites written comments from interested parties until the statutory deadline of 28 May 2026, after...
French spirits giant Pernod Ricard and U.S. producer Brown‑Forman are in advanced talks to merge, which would combine Pernod’s €15 billion (≈$16.2 billion) valuation with Brown‑Forman’s $12 billion market cap. The combined entity would own a broad portfolio including Absolut Vodka, Havana Club rum,...
The InsideArbitrage Event Driven Monitor highlights a series of high‑profile M&A moves, including the $22 billion merger‑of‑equals between Equitable Holdings and Corebridge Financial, and Henkel's $1.4 billion cash acquisition of Olaplex at a 55% premium. Servier has opened a tender offer for...
Pernod Ricard and Brown‑Forman have entered exclusive talks about a merger‑of‑equals that would combine two of the world’s largest premium‑spirits producers. Both companies are similarly sized, with Brown‑Forman valued at $11.8 billion and Pernod Ricard at roughly $11.8 billion (≈€15.6 billion). The combined entity would...
The $240 billion proposed merger between Rio Tinto and Glencore fell apart in February, with both sides unable to agree on valuation splits. While Australian shareholders celebrated the breakup, rising thermal coal prices—up roughly 25% to about $130‑$150 per tonne—have revived...
Novartis announced a definitive agreement to acquire Excellergy, a private biotech developing next‑generation anti‑IgE therapies. The deal values Excellergy at up to $2 billion in upfront and milestone payments, with closing targeted for the second half of 2026. Exl‑111, Excellergy’s lead...
Serica Energy has completed the acquisition of a 40% operated interest in TotalEnergies' Greater Laggan Area assets, adding roughly 5,000 barrels of oil equivalent per day (boed) to its portfolio. The deal gives Serica operatorship of the Shetland Gas Plant,...
On 12 February 2026 the Helios Consortium announced a cash offer to acquire all outstanding CAB Payments shares at US$1.15 per share. The offer is now backed by shareholders controlling roughly 52.7% of CAB’s capital, making it the only firm, deliverable bid...
Falcon Oil & Gas Ltd. announced that the British Columbia Supreme Court approved the final order needed to complete its pending transaction with Tamboran Resources, subject to amendments addressing shareholders under sanctions. The court’s decision follows shareholder Lamesa Holding’s opposition...
Advertising M&A remains active despite the Iran‑related geopolitical shock, with advisors reporting no immediate slowdown in deal flow. Executives note that while negotiations are proceeding, larger transactions are being approached more cautiously due to heightened risk perception. Private‑equity firms are...
Swedish private‑equity firm EQT and consulting giant McKinsey released a study that quantifies a €1.2 trillion ($1.4 trillion) loss in value from European technology companies that have either listed overseas or been acquired by foreign buyers since 2014. The findings highlight a...
Detroit Pistons owner Tom Gores has entered the final four bidders for the San Diego Padres as the MLB team's sale narrows. The bid reflects a growing trend of private‑equity‑style investors targeting marquee sports assets.
FCC Chairman Brendan Carr defended the $6.2 billion Nexstar‑Tegna merger, granting a waiver of the 39% national ownership cap. Governor Gavin Newsom and a coalition of state attorneys general have launched a political and legal offensive, calling the approval an outrage.
upGrad has signed a term sheet to acquire Unacademy in a 100% share‑swap transaction, creating a combined edtech powerhouse valued at roughly $2.25 billion. The deal follows upGrad’s February acquisition of Internshala and includes a break‑fee to lock in both parties....
JPMorgan Chase has opened an $8 billion junk‑bond offering to finance a $55 billion leveraged buyout of Electronic Arts, the biggest LBO‑related high‑yield issuance of 2026. The deal, led by Saudi Arabia’s Public Investment Fund, Silver Lake and Affinity Partners, tests investor...
The counterargument is stronger. * Blaming Wall Street's infamous "streaming multiple" ignores every studio executive who convinced themselves that they could go from creative executives to tech executives in the blink of an eye w/o a background in DTC... they...
FCC Chair Brendan Carr defended the FCC’s approval of the $6.2 billion Nexstar‑Tegna merger, arguing it supports a healthy, thriving local broadcast TV market. He also detailed an ongoing enforcement action against Disney’s ABC station for not filing the required equal‑time...
Notre Dame Federal Credit Union and Catholic United Financial Credit Union have approved a merger that will take effect on April 1. The deal combines two sizable regional credit unions, expanding member services and sharpening competition in the Midwest cooperative banking...
Sunway just crushed the IJM vote with a massive 99.27% win and the MACC finally got off their back. Is this RM11 billion deal unstoppable now? (Save this for later) 1. Shareholders aren't blinking. 2. The MACC drama is over. 3. Take it...
SAP to Acquire Reltio: Make SAP and Non-SAP Data AI-Ready - https://t.co/RBGqnJN8mq >> Congrats. A key move to bolster the data foundation in SAP BDC. MDM and out-of-the-box integration are critical for the se non dee needed in th Agentic...
Mastercard has engaged investment bankers to explore selling the real‑time payments business it bought from Denmark’s Nets in 2019 for $3.2 billion. The unit, which produces roughly $370 million in revenue and $100 million EBITDA, is expected to fetch a price below its...
Pharma’s appetite for psychedelic therapies is rapidly accelerating, with M&A interest heating up across the sector.
FWIW: The state AGs' lawsuit attempting to block the @NXSTMediaGroup-@TEGNA merger is under the care of Chief U.S. District Judge Troy L. Nunley, whose office is located in the Robert T. Matsui U.S. Courthouse in Sacramento. https://t.co/oNkplxefAw
Berkadia has finalized the sale of six senior‑living communities in the Kansas City metropolitan area, comprising 413 assisted‑living and memory‑care units. The assets were sold on behalf of a joint venture between Hunt Midwest and Principal Senior Living. At closing,...
Lottery.com’s SPAC merger unraveled after executives fabricated revenue to secure a deal, leading to a 97% stock collapse. Three former officers—former CEO Vadim Komissarov and two senior executives—pleaded guilty to federal securities fraud. The SEC has imposed permanent injunctions and...
Arizona’s state pension fund is adopting a more aggressive stance toward private equity, citing “cautious optimism” about an improving M&A environment. The fund plans to allocate additional capital to capture opportunities in what it describes as a bifurcated market, where...
$DRVN is drawing activist interest. AWD is pushing to end the diversification era and return capital via a competitive sale process. The activist sees fair value north of $30/share, nearly 150% upside from current levels. https://t.co/Yjxfco0zMX
Anna M. Gómez, the sole Democratic FCC commissioner, issued a public dissent on the Nexstar Media Group‑TEGNA merger after Media Bureau Chief Erin Boone approved the deal with rule waivers. Gómez criticized Chairman Brendan Carr and the Trump‑era leadership for politicizing...
Micron Technology is in talks to purchase Japan Display's shuttered LCD production plant in Chiba, Japan. The U.S. memory maker plans to repurpose the facility for semiconductor chip assembly and testing rather than display manufacturing. Acquiring the site would give...
