Honeywell to Sell Productivity Solutions and Services Business to Brady Corporation
Honeywell announced it will sell its Productivity Solutions and Services (PSS) business to Brady Corporation for $1.4 billion in cash. The PSS unit, which generated about $1.1 billion in 2025 revenue, provides mobile computers, barcode scanners and printing solutions for warehouse and logistics customers. The transaction, expected to close in the second half of 2026 pending regulatory approval, is part of Honeywell’s broader portfolio simplification ahead of spinning off its Aerospace and Automation businesses. The divestiture positions Brady to broaden its industrial identification and safety offerings with enhanced data‑capture capabilities.
Repay’s Latest Proposal and Other Digital Transactions News Briefs From 4/20/26
Repay Holdings Corp. disclosed an unsolicited, non‑binding cash offer from Forager Capital Management at $4.80 per share, topping the $4.11 closing price. Nayax Ltd. announced the upcoming launch of Yellow Account, a business‑checking product aimed at small sellers with real‑time...
The Home Depot Acquires Automation Firm
The Home Depot announced the acquisition of SIMPL Automation, a firm that combines advanced engineering with artificial‑intelligence to streamline distribution‑center operations. The deal, whose financial terms were not disclosed, adds AI‑driven robotics and real‑time analytics to Home Depot’s supply‑chain toolkit....
Nandan Denim to Buy 6.1% Stake in Renewable SPV for Green Power
Nandan Denim Limited approved a purchase of a 6.1% equity stake in Opera Vayu (Narmada) Private Limited, a wind‑solar SPV, for roughly ₹4 crore ($429,000). The investment secures 4.3 MW of captive green power for its Bareja plant under a 25‑year agreement,...
Update: Lilly Makes $7bn Bid for in Vivo CAR-T Firm Kelonia
Eli Lilly has confirmed a $3.25 billion upfront offer for Kelonia Therapeutics, with milestone payments that could lift the total value to $7 billion. Kelonia’s in vivo CAR‑T candidate KLN‑1010 demonstrated MRD‑negative responses in a four‑patient early‑stage study, highlighting the promise of off‑the‑shelf cell...
Sweden Backs Nuclear Expansion Plan
Sweden’s government has proposed buying a 60 % stake in Videberg Kraft, the developer of a new nuclear complex near Ringhals, with an initial $195 million capital injection. The plan is part of an energy roadmap targeting ten new reactors by 2045 to...
Agnico Lines up $3B Multi-Deal to Build Finland Hub
Agnico Eagle is orchestrating a roughly $3 billion, three‑deal package to consolidate a 2,492‑sq‑km gold district in Finland. The core transaction is a $2.1 billion acquisition of Rupert Resources, adding the 3.5 million‑ounce Ikkari project adjacent to its Kittila mine. Additional cash deals...
World’s Best Investment Banks 2026: Latin America
Latin America’s investment banking sector showed robust activity in 2025, with BTG Pactual reaffirming its lead by generating $15 bn in M&A, $2 bn in equity capital markets and over $159 bn in debt capital markets. Itaú BBA leveraged a market rebound to...
World’s Best Investment Banks 2026: Middle East
In 2025 the Middle East’s investment‑banking scene was driven by post‑pandemic growth, energy diversification and sweeping capital‑market reforms. KFH Capital topped the list, executing over $60 billion in transactions and leading 16 debt issuances, including a landmark $3 billion sukuk for Saudi...
World’s Best Investment Banks 2026: North America
In 2025 North America’s investment banks overcame early‑year geopolitical and tariff headwinds, with J.P. Morgan, Houlihan Lokey, Morgan Stanley and BofA Securities emerging as the top performers. J.P. Morgan drove a $1 billion Circle deal, a $364 million Heartflow offering and advised a $15 billion Walgreens...
Brown-Forman: Stuck In The Middle Of A Potential Buyout And Rising Macro Pressure
Brown‑Forman Corp. (BF.A) is rated Hold as its shares hover between fair‑value and speculative buyout levels after recent acquisition interest. The company posted $628 M of free cash flow in the first nine months of FY 26, supported by strong cash balances,...
B2Gold, Agnico Forge Nunavut Alliance
B2Gold announced a non‑exclusive collaboration with Agnico Eagle to exchange Arctic mining expertise across their Nunavut assets, while simultaneously selling its 70 % stake in the Finnish Fingold joint venture for $325 million in cash. The proceeds will bolster B2Gold’s balance sheet,...
I'm a Wealth Manager: This Critical Issue Could Cost Wealthy Families Big-Time if No One Takes Control
Private‑equity firms are rapidly consolidating the accounting sector, with more than 100 CPA firm deals completed in 2025—up from roughly two dozen just two years earlier. The surge spreads tax preparation across larger, often offshore, teams, diluting the personal continuity...
I Built an AI App with a Tiny Team. We Scaled It to Millions and Sold It to MyFitnessPal in...
Cal AI, an AI‑powered calorie‑tracking app founded by Jake Castillo and three teammates in April 2024, grew to millions in monthly revenue and was acquired by MyFitnessPal in under two years. The startup’s growth hinged on aggressive influencer marketing, signing...
Northern Horizon Grows Nordic Care Portfolio with €28m Finland Investments
Northern Horizon announced a €28 million (≈$30 million) investment in Finland, acquiring three senior‑care facilities across the country. The deal expands the firm’s Nordic care portfolio, bringing its total holdings to 12 properties in the region. The acquisitions target high‑growth markets in...
OKEA Sheds Its Stake in Norwegian Gas/Condensate Discovery
OKEA has entered a sale‑and‑purchase agreement with Japex Norge to divest its 20% working interest in the PL1119 licence, which hosts the Mistral gas‑condensate discovery, for a fixed $30 million plus contingent upside. The transaction, effective 1 January 2026, is slated to close...
William Hill Owner Evoke in Takeover Talks With Bally’s Intralot
Bally’s Intralot SA has entered exclusive talks to acquire Evoke Plc, the parent of UK bookmaker William Hill. The proposal values Evoke at roughly £225 million (about $304 million) and translates to a 50‑pence‑per‑share offer. Evoke confirmed it is reviewing the bid,...
British Land Completes Takeover of Life Science REIT
British Land has completed the acquisition of Life Science REIT, adding a portfolio of laboratory and research facilities to its holdings. The deal expands British Land’s footprint into the United Kingdom’s “Golden Triangle,” the high‑growth corridor linking London, Oxford and...
Matrix Composites Engineering to Be Acquired by AIH Under Binding Scheme
Advanced Innergy Holdings (AIH) has entered a binding scheme to acquire 100% of Matrix Composites Engineering (ASX:MCE) for A$0.40 per share, roughly $0.26 USD. The offer, a 66.7% premium to the March 30 closing price, includes call‑option deeds on an additional...
Exclusive: PE-Backed Manchester Firm Lays Out Major Growth Plans
Manchester‑based BBS Law, now backed by Aliter Capital, plans to triple its revenue to $63‑$76 million within two years through a series of acquisitions. The firm grew from a $3.8 million turnover in 2020 to $21.6 million in 2024, driven by both organic...
Brad Jacobs’ QXO to Acquire TopBuild for $17bn
Brad Jacobs’ QXO announced a cash‑and‑debt transaction to acquire TopBuild, a leading building‑products distributor, for approximately $17 billion. The deal adds more than 1,200 TopBuild locations to QXO’s existing portfolio, which already includes Beacon Roofing Supply and Kodiak Building Partners. Post‑closing,...
A Clearing of the Ground
Small liberal‑arts colleges are in crisis, with 89 closures or mergers since 2020 and a quarter of private institutions at risk. Hampshire College, the last high‑profile experiment in progressive, no‑grade education, announced on April 14 it could not enroll enough students...
China’s Orient Securities Deal to Create $86 Billion Brokerage
Orient Securities announced it will acquire Shanghai Securities, creating a brokerage with roughly $86 billion in assets. The combined entity will hold about 583 billion yuan (~$82 billion) in assets as of end‑2025. The merger follows Beijing’s push, spurred by President Xi’s 2023...
Inside Absa Plan to Acquire More African Banks After Uganda, Mauritius Buyouts
South Africa’s Absa Group has unveiled a revised pan‑African strategy that accelerates acquisitions and greenfield projects after recent purchases in Mauritius and Uganda. The plan reorganises the bank into three continent‑wide units—Corporate & Investment Banking, Personal & Private Banking, and...
Exclusive: EU-Based Chemical Producers Ask Commission to Probe Chinese Group over Deal in the UK
A coalition of EU titanium‑dioxide producers has lodged a formal complaint with the European Commission, accusing Chinese LB Group of receiving unfair foreign subsidies to acquire Venator’s UK plant in Greatham. The acquisition would enable LB to ship products into...
Hollywood Talent Giant Draws Suitors Amid Epstein Fallout
The Team, formerly known as Wasserman, is up for sale after founder Casey Wasserman's emails appeared in the Jeffrey Epstein files. The agency rebranded in March to distance itself from the scandal, and several parties—including United Talent Agency, private‑equity firm Permira,...
Hong Kong Watchdog Monitoring Potential Merger of City’s Top 2 Supermarket Chains
Hong Kong’s competition regulator is scrutinising talks between Jardine Matheson and CK Hutchison to combine the city’s two biggest grocery retailers, Wellcome and ParknShop. The potential megadeal comes as overall supermarket sales have fallen each year since 2020, pressuring margins....
'It's Just Scale': Local Mom-and-Pop Car Dealerships Are Growing or Dying Amid Industry Consolidation, Rise of Mega-Retailers
Family‑owned Sylvester Chevrolet in rural Pennsylvania was sold to New York‑based Matthews Auto Group, marking another deal in a wave of dealership consolidation. The top 150 U.S. dealers now account for 27% of new‑vehicle sales, up from 24.3% in 2021, while...
OpenAI Makes Second Move Toward RIA Business with Catch-and-Kill of Financial Planning Website, Hiro; Artificial Intelligence Is Powerful, and Sam...
OpenAI announced the acquisition of Hiro Finance on April 14, promising to cease Hiro's operations by May 13 and delete its client data. Hiro, which used an AI chatbot to manage budgeting scenarios for more than $1 billion in retail assets,...
Nexstar Media Group, Inc., Statement on Preliminary Injunction
Nexstar Media Group confirmed that its multi‑billion‑dollar acquisition of TEGNA closed over four weeks ago after receiving FCC and DOJ approvals. The company now owns TEGNA and has complied with a preliminary injunction that temporarily restricts certain merger actions. Nexstar...
Preliminary Injunction Ices Nexstar, Which Will Appeal Ruling
A federal judge issued a preliminary injunction halting Nexstar Media Group from integrating the assets of its newly acquired TEGNA Inc. The order follows a two‑week temporary restraining order and comes as DirecTV and nine states challenge the deal on...
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 Rejects United Merger Talk: ‘Not Interested’
American Airlines publicly rejected United Airlines' merger proposal, stating it is not interested in any discussions and highlighting antitrust concerns. United CEO Scott Kirby had recently pitched the idea to senior U.S. government officials, arguing it could boost the United...
Sazerac Prepares $15 Billion Cash Offer for Maker of Jack Daniel’s
Sazerac, the Louisville‑based spirits producer, is preparing an all‑cash offer to acquire Brown‑Forman, the maker of Jack Daniel’s, at a valuation of roughly $15 billion. The cash bid is intended to be more straightforward for sellers than a mixed cash‑stock proposal....
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,...
Siemens Plans Shareholder Vote on Siemens Healthineers Spinoff
Siemens announced it will ask shareholders to vote on a plan to spin off Siemens Healthineers at the February annual meeting. The proposal would transfer 30% of Healthineers shares to Siemens investors, reducing the parent’s stake from 67% to roughly...
Media Bureau Creates Scripps-INYO Pleading Cycle
The FCC has opened a pleading cycle to solicit comments on whether E.W. Scripps Co. can reacquire 23 television stations it previously sold to INYO Broadcast Licenses. The original divestiture was done to satisfy local ownership caps that regulators are...
Nelson Brothers Unwind Orica Agreement
Nelson Brothers, Inc. (NBI) announced a restructuring agreement that will unwind its joint‑venture with Orica. After the deal, NBI will own and operate its specialty chemicals business, including emulsifiers used in explosives, while Orica will take full control of the...
African American-Focused Radio Pair Are Sold
An asset purchase agreement has been filed to transfer ownership of two AM radio stations and their associated FM translators, both serving African American audiences. The buyer has signaled that programming will remain unchanged, preserving the stations' current format. The...
RIA M&A Off to a ‘Record Start’ in 2026, Says DeVoe, as Sellers Go Upmarket
RIA mergers and acquisitions are accelerating in 2026, with DeVoe & Company reporting a record‑setting 322 deals in 2025 and 93 transactions announced in the first quarter alone. The seller landscape is shifting up‑market as larger firms capture a growing...
New Merger Rules Are No Free Ride for European Champions, Says Teresa Ribera
The European Commission is set to release a revised 100‑page merger guideline on May 2, aiming to tighten scrutiny of cross‑border consolidations. Competition chief Teresa Ribera emphasized that mergers cannot be used as a shortcut for market integration and warned against...
Zee Entertainment Announces Strategic Investment in PhantomFX
Zee Entertainment Enterprises Ltd. announced a strategic investment of up to Rs 116 crore (about $1.4 billion) in visual‑effects studio Phantom Digital Effects Ltd. (PhantomFX) via convertible debentures, pending shareholder approval. The partnership gives Zee access to PhantomFX’s U.S. and UK studios, AI‑driven...
Truist CEO Defends Bank’s Growth Plans
Truist CEO Bill Rogers defended the bank’s growth strategy during the Q1 earnings call, emphasizing that mergers and acquisitions are not a priority. The bank announced a new long‑term return on tangible common equity (ROTCE) target of 16%‑18%, up from...
Why Reverse Morris Trust Deals Demand Strategic Discipline
Emilie Feldman, a Wharton management professor, outlines how reverse Morris Trust (RMT) transactions reshape merger strategy by delivering tax‑free restructuring while pursuing scale‑driven synergies. She stresses that the tax advantage alone does not guarantee success; disciplined target selection and integration...
Reed Hastings’ Netflix Exit Calls For A Warner Bros. Discovery Rethink
Reed Hastings announced his departure from Netflix, prompting a 10% slide in the streaming giant’s share price and erasing roughly $40 billion of market value. The decline highlights investors’ view of Hastings as the chief architect of Netflix’s transformation from DVD...
#58790
On May 1, 2026 Farmer Bros. Co. shareholders will vote on a merger with BP I Brew Merger Sub Inc., a Royal Cup subsidiary. If approved, each FARM share converts into a $1.29 cash payment, or $129 per options contract. The OCC will adjust all FARM options to cash‑settlement and...
#58789
European Wax Center, Inc. (EWCZ) shareholders will vote on May 7, 2026 to approve a merger with a subsidiary of Glow Midco, an affiliate of General Atlantic. If approved, each EWCZ Class A share converts to a right to receive $5.80 in cash,...
International Paper to Acquire North Pacific Paper Co. For $360M
International Paper announced a $360 million acquisition of North Pacific Paper Co., a Washington‑based mill that produces about 1 million tons of containerboard annually. The Norpac facility, employing roughly 500 workers, will be folded into IP’s existing packaging and recycling network, enhancing West...