Aloft San Antonio Airport Changes Hands
Hunter Advisors has brokered the sale of the 141‑room Aloft San Antonio Airport hotel to Armada Investments LP. The Marriott‑branded, select‑service property, built in 2009, sits adjacent to San Antonio International Airport, which is slated for a $2.5 billion expansion. The new owner plans to complete Marriott’s required property improvement plan (PIP) to boost its competitive set share and margins. The deal highlights ongoing investor appetite for assets priced attractively in fast‑growing Texas markets.
Automotive Supplier Magna to Sell Lighting and Rooftop Businesses
Magna International is selling its lighting and rooftop‑systems businesses in three separate deals, splitting North American, South American and Chinese lighting to one investor and European lighting plus rooftop systems to another. The two units generated about $1.1 billion in 2025...
Barrick Signals Deal Push Amid Strategic Reset
Barrick Gold is reversing a decade‑long expansion strategy by refocusing on acquisitions in low‑risk, tier‑one gold assets and exiting higher‑risk regions. Chairman John Thornton, in his first shareholder letter since the CEO change, said the company believes its shares are...
CMEP Said to Be Lining up GracoRoberts for Sale; ECP Reacquires Nuclear Waste Management Company
CMEP is reportedly preparing to sell its GracoRoberts division, a specialist in industrial fluid handling. Meanwhile, Energy Capital Partners (ECP) has reacquired EnergySolutions, a nuclear waste management firm, marking its second purchase of the same company. The moves signal active...
Co-Op Group and Southern Co-Op to Merge
Co‑op Group and Southern Co‑op announced a merger that will unite Southern Co‑op’s 300,000 members with the Group’s seven million, creating the UK’s largest consumer co‑operative. The combined entity will bring together Southern Co‑op’s 300 food, funeral and Starbucks‑branded outlets...
CB&I All Done with Acquisition of Petrofac’s Asset Solutions Business
CB&I, a designer and builder of storage facilities, completed the acquisition of Petrofac’s Asset Solutions business, adding roughly 3,000 employees and expanding into operations, maintenance, and de‑commissioning services. The transaction was structured on a debt‑free, cash‑free basis, with proceeds directed...
Questions Cloud Latest Danone Link to Mead Johnson
Danone has engaged Centerview Partners to assess a possible acquisition of Mead Johnson, the infant‑formula business Reckitt Benckiser labeled non‑core after buying it for roughly $17.9 bn in 2017. The move revives interest first reported in 2009 and follows a series...
Dividend Stocks Merge In $1.7 Billion Deal; This One Rockets
Whitestone REIT agreed to be acquired by Ares Management’s real‑estate funds for $19 per share, a cash deal worth $1.7 billion and representing a 12.2% premium to the prior close. The transaction will take Whitestone private after closing in Q3, pending...
Deal Roundup: Francisco Partners Agrees Blackline Take Private at up to $850m Valuation, Agilitas to Sell Integris Composites
Francisco Partners agreed to take private Blackline Safety Corp for up to $850 million, a 34% premium to its Toronto closing price. Blackline, a maker of wearable gas‑detection devices and cloud‑connected analytics, has logged more than eight million emergency alerts. Agilitas...
SLR Acquires Climate Analytics Platforms Planetrics and ClimSystems
SLR, the UK‑based sustainability consultancy, announced the acquisition of climate‑modelling platforms Planetrics and ClimSystems and the rollout of an expanded Digital Services suite. The move addresses rising investor and corporate demand for granular climate‑risk analytics, covering physical hazards and transition...
What Do SpaceX, xAI, And X Have In Common? Is It Tesla?
Elon Musk completed a rapid February merger of SpaceX with his AI startup xAI, adding up to $75 billion to SpaceX’s already $2 trillion‑plus valuation. The combined entity is eyeing an IPO that could raise as much as $50 billion, using the merger...
Atletico Madrid and Aston Martin Investors Buy Into SailGP Team
Quantum Pacific Group, the largest shareholder of Atletico Madrid, has acquired the Los Gallos SailGP team in an eight‑figure transaction. The purchase adds a Spanish franchise to Quantum Pacific’s diverse sports portfolio, which already includes FC Famalicao, a Movistar‑backed cycling...
Ulta Beauty CEO Hails Space NK Deal and Hints at Potential US Stores for the Chain
Ulta Beauty announced the acquisition of UK high‑street retailer Space NK for roughly $380 million, a deal completed in July 2025. CEO Kecia Steelman highlighted the UK’s fast‑growing market and Space NK’s strong culture as key reasons for the purchase. She emphasized that Ulta...
Gamma Is in Talks with a Number of Possible Buyers
Gamma, a UK‑based business services provider, announced it is in preliminary talks with several potential offerors to explore options beyond a standalone strategy. The company highlighted strong revenue and earnings growth, driven by recent German acquisitions, including a €196 million (≈$212 million)...
Alstom Acquires Cummins Hydrogen Fuel Cell Business
Alstom announced the acquisition of Cummins' rail hydrogen fuel‑cell business, adding engineering, product and support capabilities along with the Herten, Germany manufacturing site. The deal value was not disclosed. Cummins had earlier halted new electrolyser sales after incurring $458 million in...
Lion Energy Takes Equity Stake in American Battery Factory Aimed at Securing Domestic Battery Supply
Utah‑based Lion Energy has taken an undisclosed equity stake in American Battery Factory (ABF) to lock in a domestic supply of lithium‑iron‑phosphate (LFP) cells. The partnership gives Lion over 4.5 GWh of offtake from ABF’s planned 5.5 GWh Tucson gigafactory for the...
Bryson DeChambeau Leads ‘Eight-Figure’ SportsBox AI Acquisition
Bryson DeChambeau led a group of investors in an eight‑figure acquisition of Sportsbox AI, the computer‑vision startup that creates 3‑D avatars from 2‑D video. The deal, valued between $10 million and $99 million, follows DeChambeau’s own use of the platform to fine‑tune...
Top Spanish Hyperloop Developer Zeleros Files for Bankruptcy
Zeleros, a leading Spanish hyperloop developer, entered voluntary insolvency after its €15 million ($16.3 million) fundraising fell short and long development cycles strained cash flow. A Valencia court approved liquidation while evaluating a binding offer from engineering group Amper to acquire Zeleros’...
Emigrant Takes Minority Stake in $15B Mutual Group
Emigrant Partners, the advisory arm of Emigrant Bank, has taken a minority stake in Mutual Group, a hybrid broker‑dealer and RIA platform that supports 270 advisor teams overseeing roughly $15 billion in assets. The investment keeps Mutual’s leadership in majority control...
EverSea Medicines to Acquire Hasten Biopharmaceuticals
Everest Medicines, through its Singapore subsidiary EverSea Medicines, signed a share purchase agreement to acquire Hasten Biopharmaceuticals (Asia) for a total consideration of $250 million, payable in three instalments. The deal brings trademark, commercial and marketing authorisation holder (MAH) rights for...
Amazon: Could Globalstar Be the Missing Spark the Stock Needs?
Amazon’s shares have flat‑lined around $220 for 18 months while the S&P 500 rose over 10%, prompting investors to look for a catalyst. The company is reportedly negotiating a roughly $9 billion acquisition of satellite‑communications firm Globalstar, a move that could accelerate...
The Co-Op Plans Full Takeover of Struggling Southern Co-Op
The Co‑op has proposed a full takeover of the struggling Southern Co‑op, which would bring roughly 300,000 Southern members into The Co‑op’s seven‑million‑member base. The deal would add about 300 food, funeral and Starbucks outlets plus three crematoria to The...
Serie A Explores PE Interest in International Media Rights Business
Serie A is in talks with private‑equity firms about selling up to 49% of its international media rights unit, which generates roughly €250 million (about $270 million) a year. The league has hired JP Morgan to explore options and could launch a formal...
Hollywood's New Cash King: Paramount's $24B Power Play
Paramount Skydance has secured roughly $24 billion in equity from Gulf sovereign wealth funds to fund its planned acquisition of Warner Bros. Discovery, creating a debt‑free, $110 billion merger. The cash infusion bolsters the combined balance sheet, allowing immediate investment in content and...
Co-Op Merger to Bring Huge Shakeup to Retail and Funeral Giant
The Co‑op Group announced a planned takeover of Southern Co‑op, adding roughly 300 food stores, funeral branches and Starbucks outlets to its portfolio. The deal follows a £126 million loss tied to a recent cyber‑attack that also prompted chief executive Shirine...
BaaS, Regtech, Payment Infrastructure Take Center Stage in Fintech M&A Rebound
Fintech M&A, stalled in 2022‑23, is rebounding with projected deal volume rising from $25 bn in 2024 to $40‑60 bn over the next two years. Consolidation will focus on banking‑as‑a‑service platforms, regtech compliance solutions, and cross‑border B2B payment infrastructure. Distressed BaaS players...
Fashion Briefing: How Did Nike’s Embattled Heritage Brand Converse Reach a 15-Year Revenue Low?
Nike’s heritage label Converse has hit its lowest revenue in 15 years, prompting speculation that the sneaker maker may be put up for sale. The brand’s sales slipped to roughly $1.3 billion, with profit margins falling below 5% as direct‑to‑consumer initiatives...
WBD-PSKY Latest
Paramount Skydance is refinancing its balance sheet ahead of closing the $110 billion Warner Bros. Discovery acquisition. The company will syndicate a bridge facility, cutting debt commitments from $54 billion to $49 billion, and expand its senior unsecured revolving credit line from $3.5 billion to...
Estate Agency Franchise Group Expands with Multi-Branch Acquisition
LSL Estate Agency Franchising has acquired Meyers Franchising Limited, adding ten franchise partners and six branches across Dorset and the South Coast. The deal folds the Meyers brand into LSL’s national franchise network, bringing shared infrastructure and new investment. LSL...
Arrival of Sunda Energy “Good News”
Resources Minister Shane Jones announced that Sunda Energy will acquire Matahio Energy’s New Zealand on‑shore assets, including the Cheal, Cheal East and Sidewinder fields and the Puka exploration permit in Taranaki. The transaction, pending regulatory approval, is framed as a boost...
New Merger Control Regime Off to Positive Start
Australia’s revamped merger control regime launched on 1 January 2026 and is already delivering on its speed commitments. In the first three months the ACCC received 50 merger notifications and 108 waiver applications, approving 39 notifications in Phase 1 and granting 70 waivers....
UBS-Led Group Funds Echo Global Debt as Investor Talks Pause
UBS Group AG led a financing syndicate for Echo Global Logistics' $765 million loan to acquire ITS Logistics. Early investor outreach was halted as market volatility spiked in early April 2026. The pause reflects UBS's caution in offloading debt risk amid...
Blackline Safety to Go Private in $850-Million Deal
Calgary‑based Blackline Safety will delist from the Toronto Stock Exchange after agreeing to be taken private by an affiliate of Silicon Valley private‑equity firm Francisco Partners. The definitive agreement values the company at up to CAD $850 million (approximately US$630 million), offering shareholders...
Canva Acquires Simtheory and Ortto in a Twin Deal Aimed at Turning a Design Tool Into an End-to-End Work Platform
Canva announced the simultaneous acquisition of Simtheory, an agentic AI collaboration platform, and Ortto, a customer‑data and marketing‑automation suite. Both firms were founded by Australian brothers Chris and Mike Sharkey, who will now lead Canva’s AI and marketing‑technology groups. The...
Transport Fuel Costs Could Test M&A, Investment Bank Says
William Blair’s investment‑banking head says transportation, logistics and industrial firms have been able to pass higher fuel and input costs to customers, keeping M&A activity robust. Global dealmaking hit about $1.3 trillion in Q1, but that momentum could fade if energy...
#58735
Masimo Corporation shareholders will vote on May 1, 2026 to approve a merger with Danaher’s Mobius Merger Sub. If approved, each MASI share converts to a right to receive $180 cash, creating an $18,000 cash deliverable per standard option contract. The OCC...
KTG Acquires Fellow Canadian Carrier Sharp Transport
Kriska Transportation Group (KTG) announced the acquisition of Sharp Transportation Systems, a Canadian temperature‑controlled carrier specializing in medical supplies and furniture. The deal, completed March 31, adds Sharp’s Midwest and Northeast network and cross‑border capabilities to KTG’s portfolio. KTG expects operational...
Biotech M&A Spree Helps Lead SBIO to March Gains
Biotech merger‑and‑acquisition activity surged in March, with 22 deals worth about $36 billion, propelling the ALPS Medical Breakthroughs ETF (SBIO) up 8.4% for the month. Two of SBIO’s top holdings—Day One Biopharmaceuticals and Apellis Pharmaceuticals—became acquisition targets in transactions totaling $8.1 billion,...
Competition Bureau Steps up Probe of Proposed Keyera Gas Acquisition
The Competition Bureau has obtained a federal court order compelling Inter Pipeline Ltd. to provide information for its probe of Keyera Corp.'s proposed $5.15 billion acquisition of Plains All American’s Canadian natural‑gas‑liquids business. The regulator is assessing whether the deal would...
Manufacturing Company Sees Long-Term Growth After Its Latest Acquisition
ITT Corp. closed a $4.775 billion cash‑and‑equity acquisition of SPX FLOW, a maker of pumps, valves and mixers that generated over $1.3 billion in 2025 revenue. The deal accelerates ITT’s 2030 strategic plan for portfolio transformation, moving the target four years ahead of...
FedEx Freight Sets Goalposts for Standalone Business
FedEx Freight outlined its standalone strategy ahead of a June 1 spin‑off from FedEx Corp, positioning the pure‑play LTL carrier for focused growth. Management forecast 4‑6% revenue CAGR and 10‑12% adjusted operating‑income growth, targeting a mid‑term operating margin of roughly...
Gindi Capital Acquires 163K-SF Office Building, Retail Condos in Downtown Brooklyn
Gindi Capital acquired two Downtown Brooklyn assets—a 162,891‑square‑foot office building at 25 Elm Place and retail condominium units at 486‑496 Fulton Street—for a combined $70 million. The purchase was financed with a $50.4 million loan from Athene Annuity and Life Company, an Apollo...
Air Jamaica Takeover Hit Caribbean with $250mn Loss
Caribbean Airlines’ acquisition of Air Jamaica has generated more than TTD 1.7 billion (≈ USD 250 million) in losses since 2011, with cumulative deficits of USD 254.7 million recorded between 2012 and 2025. The Jamaican government’s equity fell from 16 % to 11.8 %, stripping it of board‑appointment rights, while no pandemic‑era financial...
AKVA Launches Strategic Review, Floats Potential Sale
Norwegian aquaculture technology firm AKVA announced a strategic review that could culminate in a sale, aiming to maximize shareholder value. The review, supported by majority shareholder Egersund Group (51%) and Israel Corporation (18%), will be overseen by DNB Carnegie and...
AI in Mergers and Acquisitions: How Smart Firms Win in 2026
AI has moved from a niche experiment to a core engine in mergers and acquisitions, driven by advances in large‑language models and cloud‑scale data processing. Modern platforms now ingest millions of documents, normalize financials, and surface valuation insights within hours,...
Bed Bath & Beyond to Acquire Cabinets To Go, Lumber Liquidators Owner
Bed Bath & Beyond announced a $150 million deal to acquire most assets of F9 Brands, the owner of Cabinets To Go and Lumber Liquidators. The transaction includes $37 million in cash and roughly 16 million shares at $7 per share, with an additional $40 million financing roll‑over. Jason Delves, current...
Exclusive: CMEP Lines up Sale of Specialty Chemicals Manufacturer GracoRoberts, Sources Say
CM Equity Partners, which acquired GracoRoberts in 2015, is preparing to sell the specialty chemicals manufacturer. GracoRoberts, formerly part of Graco Supply & Integrated Services, produces industrial chemicals and fluid solutions for various sectors. The potential transaction aligns with a...
Arctiq Brings Forty8Fifty Labs Under One Brand
Arctiq has fully integrated Forty8Fifty Labs into its brand following the Verinext acquisition, consolidating its Atlassian‑focused services with existing cloud, DevOps, and automation capabilities. The move creates a single operating structure that streamlines delivery across observability, automation, and collaboration tools....
Gilead Takes Another Big Swing at Expanding Beyond HIV
Gilead Sciences has earmarked roughly $11 billion this year for three strategic acquisitions aimed at strengthening its cancer and immunology pipelines. The moves signal a decisive pivot away from its historic reliance on HIV therapeutics toward broader biotech markets. The targeted...
PocketGamer.biz Podcast: Skillz, Beamable and the Live Ops Shift
Skillz announced the acquisition of Beamable, aiming to transform its competitive‑gaming platform into a full‑service business operating system for game studios. The deal will combine Skillz's tournament infrastructure with Beamable's live‑ops and backend tools, enabling developers to focus on gameplay...