FDIC Opens Door for Private Equity to Buy Failed Banks
The FDIC has rescinded its 2009 rule that barred private‑equity firms and other non‑bank entities from bidding on failed banks. The change, prompted by the rapid failures of Silicon Valley Bank, Signature Bank and First Republic in 2023, is intended to lower resolution costs and protect the Deposit Insurance Fund. Chair Travis Hill emphasized that expanding the bidder pool will not increase risk and may speed acquisitions, especially if an emergency shelf‑charter process is created. The move opens a new source of capital for distressed banks and could reshape post‑crisis resolution strategies.
Investor Makes D.C. Debut With All-Cash NoMa Buy: The D.C. Deal Sheet
Philadelphia‑based Turio Residential Co. announced its first Washington, D.C. acquisition, buying the 67‑unit former extended‑stay hotel at 1324 North Capitol St. NW for $16 million in cash. The asset, previously slated for foreclosure, will be rebranded as NoMa 1324 and converted to...
Unilever in Talks to Sell Food Business to McCormick
Unilever confirmed it is in advanced talks to sell its global food business to McCormick & Co., a move that would shift the maker of Hellmann’s mayonnaise toward its faster‑growing personal‑care division. Bloomberg values the food unit at roughly $33 billion,...
Premier Foods ‘Eyeing UK Pizza Business Crosta Mollica’
Premier Foods is reportedly weighing a £200 million offer for Crosta Mollica, the UK‑based maker of premium frozen pizzas, pasta and Italian flatbreads. The move follows a series of acquisitions under CEO Alex Whitehouse, including Merchant Gourmet, Fuel10K and The Spice...
#58602
TEGNA Inc. completed its merger with Nexstar Media Group’s subsidiary on March 20, 2026, converting each TGNA share into a $22 cash payment. The OCC adjusted all TGNA equity options to cash settlement, setting the contract deliverable at $2,200 per 100‑share contract....
Savvy Set for $6bn Moonton Deal
Savvy Games Group, the gaming arm of Saudi Arabia’s Public Investment Fund, is set to acquire Moonton, the creator of Mobile Legends: Bang Bang, for an estimated $6 billion. The deal, reported by Bloomberg, follows Savvy’s $4.9 bn purchase of Scopely and...
Sport Klub to Exit Bosnia as Arena Sport Expands Lineup
Sport Klub channels will cease broadcasting in Bosnia and Herzegovina on 1 April 2025, replaced by an expanded suite of Arena Sport services. The change follows Telekom Srbija’s February 2025 acquisition of Sport Klub’s rights, licences and assets from United Group across the Western Balkans....
ADNOC, OMV Tweak Investment Plans for Polyolefins JV
ADNOC and OMV have revised the investment plan for their pending polyolefins joint venture, Borouge Group International AG (BGI), while still targeting a March 2026 close. The partners will curb the 2026 dividend payout, limiting OMV’s share to about €0.6‑0.7...
March Madness Blue Bloods Are the Antidote to Withering Cable Model
In 2010 CBS and Turner struck a $10.8 billion agreement to share NCAA men’s tournament rights, propelling TBS and TNT ad sales to $1.62 billion in year one and $2.26 billion by 2016. Despite record sports revenue, cable penetration fell 10 % over six...
Camera Test Chart Company DSC Labs Reborn
After closing in April 2025, DSC Labs has been revived under new CEO Matt Conrad, who acquired the 60‑year‑old camera test chart specialist last summer. The company moved its headquarters from Toronto to Los Angeles, positioning itself at the heart...
Biedronka Is Eyeing Carrefour’s Polish Division
Biedronka, Poland’s largest supermarket chain owned by Jeronimo Martins, has signaled interest in buying a sizable portion of Carrefour’s Polish assets. Carrefour is refocusing on its core markets of France, Spain and Brazil, leaving its Polish division up for sale....
McCormick in Talks to Acquire Unilever’s Food Business
McCormick & Company is reportedly in advanced talks to purchase Unilever's global food business, a deal that could combine two of the world’s largest flavor and seasoning portfolios. The transaction, still confidential, is expected to be valued in the high‑hundreds...
Marmite Maker Unilever in Talks to Merge Food Business with US-Based McCormick
Unilever is in advanced talks to combine its food division with US spice maker McCormick in an all‑stock transaction. The food unit, home to brands such as Knorr and Hellmann’s, is estimated to be worth tens of billions of pounds,...
Unilever and Kraft Heinz Previously Discussed Food Merger, Reports Suggest
Unilever and Kraft Heinz explored a merger that would have combined Kraft Heinz’s condiments arm with Unilever’s food division, placing iconic brands like Heinz ketchup and Hellmann’s mayonnaise under one roof. Sources said the proposed entity could be worth tens...
Take-Private Attempt for KNOT Offshore Partners Falls Through
New York‑listed shuttle tanker owner KNOT Offshore Partners (KNOP) announced it has terminated negotiations with its parent, Knutsen NYK Offshore Tankers, over an unsolicited take‑private proposal first floated in October 2025. A conflicts committee of independent directors, assisted by external...
IKM Gruppen Acquires Hendrik Veder Group
Norway’s IKM Gruppen announced the acquisition of Rotterdam‑based Hendrik Veder Group, creating the new entity IKM Hendrik Veder. The deal adds a 225‑year‑old rope and wire specialist with 79 employees to IKM’s 4,000‑strong, 15‑country operation. The combined company will broaden...
Genco Rejects Star Bulk-Backed Diana Shipping Bid
Genco Shipping & Trading rejected Diana Shipping’s improved takeover offer of $23.50 per share, valuing the dry‑bulker at roughly $860 million. The board said the proposal undervalues Genco, lacks a sufficient premium, and carries execution risks. Diana, backed by Star Bulk,...
Farm Bureau Opposes Proposed Railroad Merger
The American Farm Bureau Federation has publicly opposed the pending merger of Union Pacific and Norfolk Southern. Farm Bureau economist Danny Munch warns that the consolidation could repeat service reliability problems seen after the 1996 UP‑Southern Pacific merger, which stalled...
Wasserman Sale Begins as Private Equity Lines Up
Bankers have opened the bidding window for Wasserman, the Los Angeles‑based sports and entertainment powerhouse now operating under the name The Team. Moelis & Co. is steering the process, while a roster of potential acquirers – including private‑equity firms Permira,...
Native Instruments to Go Into Full Insolvency
Native Instruments announced it is moving from preliminary to formal insolvency proceedings, confirming the Berlin‑based music‑tech firm’s financial distress. CEO Nick Williams said the company is in active talks with multiple potential buyers, indicating strong interest from parties rooted in...
Providence Explores Sale of Health Plan
Providence, the 51‑hospital system, announced it is evaluating strategic options for its insurance subsidiary, Providence Health Plan, including a possible sale. The move comes as the plan reported a $102 million loss on $2.5 billion revenue last year and a dip to...
PDAC JV Video: Alkane Plans Merger Cash Flow for More M&A
Alkane Resources, fresh from its August merger with Mandalay Resources, now operates three mines – Tomingley in New South Wales, Costerfield in Victoria and Björkdal in Sweden – and plans to keep output steady while hunting another merger or acquisition...
Sir James Dyson Buys 50% of Bath Rugby
Sir James Dyson has purchased a 50 % stake in Bath Rugby, the reigning Premiership champions, and pledged multi‑million‑pound funding to clear debt and build a new stadium. The deal pairs Dyson with current owner Bruce Craig, who will remain chairman,...
Env Zero and CloudQuery Complete Merger to Create a Unified Cloud Intelligence Platform
env zero, a leading IaC governance platform, has merged with CloudQuery, a cloud asset management specialist, forming a unified cloud intelligence solution under the env zero brand. The combined offering merges continuous cloud asset discovery with automated infrastructure provisioning, promising end‑to‑end lifecycle...
NRG Media to Sell Northern Wisconsin Stations to Midwest Communications
NRG Media announced the sale of its Northern Wisconsin radio portfolio, including WOBT‑AM and eleven FM translators, to Midwest Communications’ WRIG, Inc. The transaction expands Midwest’s presence in the Wausau and Rhinelander markets and brings a suite of sports‑talk programming...
Side Letter: Consolidation Complications
A limited partner (LP) is encountering challenges as recent M&A activity consolidates the private‑equity market, complicating side‑letter negotiations. The article notes that defensive investment strategies are already delivering returns, offsetting some of the consolidation risk. It also highlights Partners Group’s...
L’Oréal in Talks to Acquire Bare Anatomy Parent Innovist: Report
L'Oréal is in advanced talks to acquire a controlling stake in Innovist, the parent company of D2C beauty brands Bare Anatomy, Chemist at Play, Sunscoop and Vinci Botanicals. The transaction is expected to value Innovist between $350 million and $450...
Accedo One and Magine Pro’s Leyra Delivers Unified OTT SaaS Platform
Accedo One and Magine Pro have launched Leyra, a joint‑venture SaaS platform that unifies their respective OTT technologies. The new offering blends Magine Pro’s subscriber‑lifecycle management with Accedo One’s streaming stack and Marketplace, delivering a single end‑to‑end solution. Leyra promises...
Ferrero’s Bold Snacks Deal Signals Strategy Shift
Ferrero announced the acquisition of Brazil’s protein‑snack brand Bold Snacks, marking its first entry into the better‑for‑you segment. The deal brings Bold’s Divinópolis factory and a workforce of roughly 300 employees under Ferrero’s umbrella. By adding a high‑protein, health‑focused line...
Middle Market Deal Terms at a Glance – March 2026
The Lead Left published SPP Capital Partners’ March 2026 Middle Market Deal Terms snapshot, comparing deal components, leverage and pricing for micro, small and mid‑cap companies against March 2025. The data show modest tightening of leverage ratios and a compression of EBITDA...
Pérez-Llorca Posts 28% Increase in ‘Pro Forma’ Revenue to Hit €211.3m
Spanish law firm Pérez‑Llorca announced a 28% rise in pro forma revenue, reaching €211.3 million. International operations—Portugal, Mexico and a newly merged Colombian practice—contributed €55.5 million, representing 26% of total earnings. Domestic revenue grew 17% to €155.8 million, continuing a five‑year streak of...
Vision+ Exec On The Challenge Of Pulling Audiences Away From Social Platforms & Future Strategy Including Merger With RCTI And...
Vision+, Indonesia’s leading OTT service, announced a planned merger with free‑to‑air broadcaster RCTI, both owned by MNC, to create a single, integrated platform. COO Omar Giri Calliappan highlighted the current fragmentation where users must switch between separate apps for free...
Nexstar-Tegna Reax
Broadcast giants Nexstar and Tegna face a legal challenge over their proposed merger, which critics say would create the largest concentration of TV station ownership in U.S. history. Opponents, including Newsmax and ACA Connects, argue the deal would give Nexstar...
NY Gives Charter-Cox Thumbs Up, CA Still Considering
The New York Public Utilities Commission approved the $34.5 billion Charter‑Cox merger, attaching conditions that require a $100 million investment to deliver symmetric gigabit service and replace 500 outdoor Wi‑Fi nodes. The FCC has already cleared the deal, but California regulators have...
Qualiphi Acquires Career Club to Expand AI-Powered Career Services in MENA
Qualiphi, an Egypt‑based AI career services platform, completed a six‑figure acquisition of Career Club from iCareer in the second half of 2025. The deal expands Qualiphi’s AI‑powered ecosystem across Egypt and the GCC, adding virtual career centre tools and strengthening...
Paris Dealer Kamel Mennour Buys Galerie Malingue, Founded Over Five Decades Ago
Paris dealer Kamel Mennour has purchased the historic Galerie Malingue space at 26 Avenue Matignon. The 4,300‑square‑foot venue will showcase modern, post‑war and contemporary artworks drawn from private, museum‑quality collections. Mennour, who opened his own gallery in 1999 and runs...
After Buying HUB and Partnering with Promega, MilliporeSigma Charts Growth Path in Organoids
MilliporeSigma, the life‑science arm of Merck KGaA, completed its €104 million acquisition of HUB Organoids and has since integrated the business into its Discovery Solutions unit. The company launched a partnership with Promega to develop real‑time reporter assays for organoids, while...
Southfield-Backed Franchise FastLane Acquires Consulting Firm Franchise Creator
Franchise FastLane, a franchise development organization backed by private‑equity firm Southfield, announced the acquisition of consulting firm Franchise Creator. The deal adds brand‑strategy and operational consulting to FastLane’s existing franchise‑development services. Financial terms were not disclosed, but the move expands...
Unilever and Kraft Heinz Held Talks over Food Merger Uniting Ketchup and Mayo
Unilever and Kraft Heinz are in advanced discussions about a potential merger that would bring together their ketchup and mayonnaise businesses. The talks signal a strategic move to combine two of the world’s most recognizable condiment brands under one corporate...
DRC Moves to Approve Chemaf Sale to US Firm Virtus Minerals
The Democratic Republic of the Congo is poised to approve the sale of mining firm Chemaf to U.S.-based Virtus Minerals. Under the deal, Virtus will pay $30 million for equity and commit roughly $750 million to revive the stalled Mutoshi copper‑cobalt project,...
PE-Backed Tech24 Snaps up Pacific Standard Service
Tech24, a commercial foodservice equipment repair and maintenance provider, announced the acquisition of Pacific Standard Service. The deal, backed by private equity, broadens Tech24’s geographic reach and service capabilities. Pacific Standard Service adds a substantial customer base and skilled technicians...
Google’s $32B Wiz Bet: Why Security Consolidation Means You’re Losing Negotiating Power
Google is reported to have renewed its bid for cloud‑security firm Wiz, lifting the offer to roughly $32 billion, which would become the largest cybersecurity acquisition ever. The deal would give Google Cloud a full‑stack security platform covering CSPM, CWPP, CIEM,...
Commission to Probe Showmax Closure
The Competition Commission announced a probe into Canal+'s compliance with the merger conditions attached to its takeover of MultiChoice, focusing on the recent shutdown of the Showmax streaming service. Regulators will assess whether Canal+ adhered to voting‑right caps and the...
UBS Nears Full Credit Suisse Integration by Finishing IT Project
UBS has finished migrating roughly 1.2 million former Credit Suisse clients onto its own platforms, marking a pivotal step in the three‑year integration that began after the 2023 rescue acquisition. The bank now enters the final integration phase, focusing on decommissioning...
Commvault Extends Enterprise Resilience to Structured and AI Data with Real-Time Governance Controls
Commvault announced an expansion of its Cloud platform to include data security posture management for structured data and real‑time access governance, leveraging its recent acquisition of Satori. The new features automatically classify sensitive information, monitor usage of structured and vector...
Truelink-Backed SouthernCarlson Picks up Specialty Distributor Greenwald Supply Direct
SouthernCarlson, a fastener and construction‑supply distributor backed by private‑equity firm Truelink, announced the acquisition of specialty distributor Greenwald Supply Direct. The deal adds Greenwald’s niche product lines and customer base to SouthernCarlson’s existing portfolio. Integration is expected to broaden geographic...
Jana Partners Pushes Six Flags to Explore Sale, Replace Board Chair
Activist hedge fund Jana Partners, holding roughly a 9% economic stake in Six Flags Entertainment, has written to the board urging the company to explore a sale and replace its chair, Marilyn Spiegel. The letter follows Jana’s earlier push for...
Nokia Rebuilds Its Optical Engine, One Building Block at a Time
Nokia’s $2.3 billion acquisition of Infinera is bearing fruit as the company unveils a modular "building‑block" optical engine featuring four new DSPs and interchangeable indium‑phosphide, silicon‑photonic, and lithium‑niobate front ends. The approach lets customers mix and match components to serve 13...
Aramark / Entier Merger Inquiry
The UK Competition and Markets Authority (CMA) referred Aramark’s acquisition of Entier to a Phase 2 inquiry after a Phase 1 decision flagged potential competition risks. An interim report in October 2025 provisionally confirmed those concerns, leading to a final report in January 2026...
Spotlight On Alternatives: Timely Opportunities For Merger Arbitrage Strategies
The merger‑arbitrage landscape has markedly improved as 2025 regulatory enforcement shifted toward settlement‑oriented antitrust reviews, reducing deal risk. Calamos Merger Arbitrage Fund (CMRGX) posted a 10.72% return in 2025, outpacing the Morningstar Event‑Driven peer average of 9.03%. The fund’s low...