Know What's Happening in M&A
Know What's Happening in M&A
Blackstone has agreed to sell its Fidere residential platform to Brookfield for €1 billion, roughly $1.08 billion. The deal ends Blackstone’s involvement in one of Spain’s largest private‑rental housing portfolios, which comprises over 10,000 units across major cities. Brookfield gains a strategic foothold in the Iberian market, adding significant rental assets to its European residential portfolio. The transaction reflects a broader shift of institutional capital toward stable, income‑generating real estate.
1/Another mega M&A deal in the BioTech and Pharma sector with the acquisition of Apellis Pharmaceuticals - $APLS by Biogen $BIIB for $41 per share in cash at closing in a $5.6B deal. In addition, Apellis stockholders will also receive...
Eli Lilly announced a $6.3 billion acquisition of Centessa Pharmaceuticals, marking its largest deal in years. The purchase secures Centessa’s orexin‑based insomnia candidate and a pipeline of early‑stage neurological programs. Lilly is channeling cash generated by its GLP‑1 blockbuster drugs into the...
Rsult Group announced the acquisition of Cadran Consultancy and Yuccaa, bolstering its presence in the Oracle NetSuite ecosystem. The deal merges Cadran’s two‑decade ERP expertise with Yuccaa’s digital‑first consulting, creating a more integrated ERP, data and AI transformation platform. With...
Magnum Ice Cream Netherlands has finalized the purchase of a 61.9% majority stake in Kwality Wall’s (India) Ltd, acquiring 145.44 crore equity shares from Unilever and other outgoing promoters. The deal, rooted in a Share Purchase Agreement signed on June 25 2025, reclassifies...
BGO and Bell Partners announced a merger that will create a U.S. multifamily investment platform with more than $100 billion in assets under management. The deal, tied to Sun Life Financial’s acquisition of Bell Partners, is slated to close in the...
FTI Consulting is handling media for McCormick as it merges with Unilever Foods in a $45 billion transaction. The combined entity will generate roughly $20 billion in annual revenue, anchored by Unilever's Knorr and Hellmann’s brands and McCormick's spice portfolio. McCormick shareholders...
International Holding Company (IHC) has received regulatory clearance to buy a 41.5% stake in Sammaan Capital Limited for roughly $1 billion. The deal, executed in stages, will make IHC a promoter with board control, signaling a major private‑equity‑style entry into India's...
Disney has invested $1.5 billion for an equity stake in Epic Games and is reportedly weighing a full acquisition, though senior executives are split on the idea. The move would extend Disney’s work on a persistent "games and entertainment universe" inside...
Unilever and McCormick are in advanced negotiations to combine Unilever's food business with the spice maker in a $15.7 bn cash‑plus‑equity deal. The transaction, structured as a Reverse Morris Trust, would give Unilever shareholders about a 65% stake in a new...
Sysco Corp. agreed to buy Jetro Restaurant Depot for $29.1 bn, pausing its share buyback to focus on de‑leveraging. The deal triggered an 11.7% drop in Sysco’s stock, while the company reaffirmed FY‑2026 sales and earnings guidance.
Natura announced a sweeping governance overhaul, installing Alessandro Carlucci as chairman, forming a new advisory board led by its founders, and confirming Advent International’s intent to buy an 8%‑10% minority stake. The changes are designed to accelerate a new expansion...
Allbirds will sell all assets and intellectual property to American Exchange Group for $39 million, a price far below the $348 million it raised in its 2021 IPO. The deal, pending shareholder approval, sparked a 32‑36% jump in the stock and highlights...
Galapagos NV and Gilead Sciences have signed a binding framework agreement that gives Galapagos a 50% share of the $1.675 billion upfront consideration for Gilead’s acquisition of Ouro Medicines. The deal also locks in a $500 million cash pool for Galapagos, including...
In this episode, Matt Wilcox, a veteran of building six gold mines across West Africa, shares his playbook for rapid, on‑budget mine development, emphasizing meticulous logistics, a trusted contractor network, and the region’s abundant, under‑drilled deposits. He walks through the...
Nordstrom completed a $6.25 billion take‑private in 2025, giving the founding family a 50.1% stake alongside Mexico’s El Puerto de Liverpool. In 2025 revenue rose 7% to $15.9 billion, finally surpassing its 2019 peak after pandemic‑related weakness. The private structure lets the co‑CEOs...
In this 14‑minute Commerce Riff, hosts Peter (PVSB) and Sri discuss four major news items: Dollar General’s appointment of J.J. Fleeman, formerly of Ahold Delhaize USA, as CEO to accelerate its grocery push; the potential merger between spirits giants Pernod...
Taco Bell is transferring its Australian franchise from Collins Foods to Restaurant Brands Australia (RBA) under a conditional agreement that awaits regulatory clearance. Collins will continue operating the stores until the handover is complete, while RBA, already running Taco Bell...
Seattle‑based Rec Room, once valued at $3.5 billion during the 2021 metaverse boom, announced it will cease operations of its virtual‑world platform on June 1. The decision follows a broader cooling of investor enthusiasm for immersive social gaming and mounting cost pressures....
ITA Airways has terminated its Volare frequent‑flyer program as of March 30, 2026, giving members a short window to redeem remaining points. Starting April 1, 2026 the carrier will become a full member of Lufthansa Group’s Miles&More program and join the Star Alliance network....
In this episode of FinTech Confidential, host Ted Huff talks with Niv Liren, Chief Product and Technology Officer at Unser, about the company’s ambitious effort to merge 13 acquired payment and commerce solutions into a single unified platform serving over...
Shareholders are supreme under Japanese corporate law, but shareholders' economic interests are not. What is the distinction? Japan is (in)famous for its webs of cross-shareholdings. Suppliers, customers, financial institutions own shares in each other, and always support incumbent management with their...
Aurinia Pharmaceuticals announced a definitive agreement to acquire Kezar Life Sciences for $6.955 in cash per share plus a contingent value right (CVR). The deal, slated to close in Q2 2026, gives Aurinia access to Kezar’s lead immunoproteasome inhibitor, zetomipzomib, and...
BTG Eddisons Property Auctions has rebranded after acquiring Network Auctions, joining three other firms under a single national brand. The combined group, which includes Pugh, SDL Property Auctions and Mark Jenkinson, sold more than £375 million (≈$480 million) of property and land...
Macro: Organigram acquires Sanity, expands into EU; Key: 93% vote, BAT financing, 68.6% LTM rev, positive EBITDA; Risks: closing risks, earnout; Trade: buy on pullback — Viktor Kopylov, PhD, CFA. More insights: t.me/si14Kopylov
In today’s @FT Due Diligence newsletter: Private capitals disappointment era begins. an insurance intrigue, and The Decision 2.0. https://t.co/I1NYRv0vZ4 https://t.co/3VhyHDtFkB
Sun Life announced a series of multi‑billion‑dollar commercial‑real‑estate transactions, acquiring 100% of BGO for $1.16 billion USD and Crescent Capital for $608 million USD. It also agreed to buy Bell Partners, a U.S. multifamily manager with 70,000 apartments, for $350 million USD. The...
Allbirds just sold for $39 million. The company was once worth over $4 billion. https://t.co/KqbYOf0TBg
India is preparing the third tranche of airport concessions, targeting smaller regional hubs that will be bundled with larger, more attractive airports to create compelling packages for bidders. The government hopes lessons from the 2006 and 2020‑21 rounds will streamline...
Herbalife Ltd. agreed to buy assets of UK‑based Bioniq for $55 million, with $10 million paid at closing and up to $95 million in performance‑based earn‑outs. The acquisition is designed to expand Herbalife’s data‑driven, personalized nutrition offerings through its global distributor network.
Boris FX announced it has acquired the Vegas Pro, Sound Forge, and Acid Pro suites from MAGIX Software. The deal brings the flagship video‑editing platform and professional audio tools under the Boris FX umbrella, along with the company’s AI engine. The 2026 Vegas Pro release...
Sysco just acquired Restaurant Depot from its 94 year old founder for $29B. Every founder will eventually exit their business at some point.
Rocket Lab received approval from Germany's Federal Ministry for Economic Affairs and Energy to acquire laser‑communications firm Mynaric for roughly $150 million, clearing the final regulatory hurdle. The approval, announced on March 30, enables the deal to close in April and marks...
Connoisseur Media announced it will sell its four Topeka radio stations—98.5 KSAJ, 106.9 KTPK, and the AM/FM pair 580/94.5 WIBW—to MSC Radio Group, a Kansas‑Nebraska broadcaster. The transaction, which stems from Connoisseur’s 2025 acquisition of Alpha Media’s Kansas assets, is awaiting FCC clearance...
BGB Group announced the acquisition of Hayden Consulting Group, a specialist in market access and patient services, to broaden its Strategic Advisory practice. The deal combines Hayden’s expertise in payer, reimbursement and affordability with BGB’s capabilities across commercial due diligence,...
The Connecticut Sun have agreed to a $300 million purchase by Houston Rockets owner Tilman Fertitta, with the franchise slated to relocate to Houston in 2027. The deal marks one of the largest transactions in recent WNBA history and could reshape...
Verizon Communications, led by CEO Dan Schulman, has reduced combined operating and capital expenses by $9 billion, closed its $20 billion purchase of Frontier Communications and announced a $25 billion share‑buyback. The moves underpin a free‑cash‑flow surge and the company’s 20th straight dividend...
Uber announced the acquisition of Blacklane, a Berlin‑based chauffeur‑hailing startup, to deepen its luxury travel portfolio. The deal, pending regulatory clearance and slated to close by year‑end, adds Blacklane’s presence in 500 cities to Uber’s newly launched Uber Elite service,...
Sysco Corp. saw its shares tumble 11.7% to $72.23 after announcing a $29.1 billion acquisition of Jetro Restaurant Depot. The deal includes $21.6 billion in cash and 91.5 million Sysco shares, and the company put its share‑buyback program on hold to prioritize rapid...
Tishman Speyer has completed an off‑market purchase of a prime office building in central London, underscoring the firm’s aggressive push into Europe’s most resilient commercial market. The transaction, though undisclosed in price, reflects the growing appetite for core assets that...
Kevin Tang, newly installed CEO of Aurinia Pharmaceuticals, has revived his bid for Kezar Life Sciences with a $50 million offer of $6.95 per share, roughly matching Kezar’s $47 million market cap. The proposal follows Tang’s earlier, unsuccessful $1.10‑per‑share attempt made through...
Manulife US REIT is selling the 35‑story TCW Tower in downtown Los Angeles to the Los Angeles Department of Water and Power for $92.5 million, roughly $129 per square foot. The 719,000‑sq‑ft office building was only 46% occupied at the end of 2025,...
Bidding for $TWO may not be over. The company recently received a revised $10.80/share all-cash offer from CrossCountry, with the stock now trading slightly above that level. The original all-stock bid from $UWMC was closer to $12/share before the broader market sell-off...
During M&A due‑diligence, employment practices often surface as hidden liabilities. Common red flags include FLSA misclassifications, unusually high workers‑comp experience modifiers, clusters of employee litigation, ambiguous bonus structures, outdated handbooks, and poorly drafted executive contracts. These issues can delay negotiations,...
Abu Dhabi has merged its state‑owned fund ADQ into the newly created sovereign wealth fund L Imad, boosting the latter’s assets to roughly $300 billion. The consolidation places the fund under the direct supervision of Crown Prince Sheikh Khaled bin Mohammed bin...
A federal judge has issued a 14‑day temporary restraining order on Nexstar Media Group's $6.2 billion purchase of Tegna, stopping the creation of a broadcast entity that would control 260 stations and reach about 60% of U.S. households. The injunction follows...
Rich Spirit has acquired North American rights to Ramzi Bashour’s Sundance debut, the road dramedy “Hot Water.” The film, starring Lubna Azabal, Daniel Zolghadri and Dale Dickey, follows a Lebanese mother and her American son on a cross‑country journey from...
Big news as @Sysco announces the acquisition of Restaurant Depot. While broadline has done well, cash-n-carry distribution continues to do well & this gets Sysco into a segment that it has historically avoided. This is from last year but growth is...
AWL Agri Business is accelerating growth of its newly acquired GD Foods brand, Tops, which posted roughly $60 million in revenue after an 80% stake purchase last year. The company plans to double Tops’ topline to about $120 million and eventually push...
