Carlyle Agrees Majority Investment in MAI Capital at $2.8bn-plus Valuation
Carlyle has agreed to a majority investment in MAI Capital, valuing the private‑credit manager at more than $2.8 billion. The deal underscores Carlyle’s push into high‑yield lending platforms as private‑credit assets surge. At the same time, peers such as Blue Owl, Ares and 17Capital have closed multi‑billion‑dollar credit funds, while PE‑owned companies borrowed $94 billion in 2025 to fund payouts. Regulatory attention is rising, with Congress and the Fed probing private‑credit risks and firms like Blackstone exploring IPO routes for portfolio companies.
Corum Advises Twikey in Majority Acquisition by Smile Sail
Corum Group announced that Smile Sail has taken a majority stake in Belgian fintech Twikey, a platform that streamlines recurring payments across Europe. The investment comes from Smile Sail’s €275 million (~$302 million) evergreen private‑equity fund and will finance Twikey’s next growth...
Lilly Moves Deeper Into Sleep Medicine with up to $7.8 Billion Centessa Deal
Eli Lilly announced a definitive agreement to acquire UK‑based Centessa Pharmaceuticals for up to $7.8 billion, paying $38 per share in cash and up to $9 per share in contingent milestones. The acquisition gives Lilly control of Centessa’s orexin‑receptor‑2 agonist pipeline,...
Nike Bats Away Converse Sale Talk as Authentic Brands Circles Struggling Label
Nike confirmed it is not currently negotiating a sale of Converse, even as Authentic Brands Group has signaled interest. Converse revenues have plunged, falling 35% in the third quarter to $264 million after consecutive quarterly drops. Nike’s overall third‑quarter revenue held...
AMLM Acquires Higginsville Project in WA
American Lithium Minerals (AMLM) has acquired the Higginsville Gold Project in Western Australia, encompassing four prospecting licences (P15/6723‑6726) adjacent to the historic Higginsville Mine. The tenements sit on the Greater Eundynie Anticline within the Southern Norseman–Wiluna greenstone belt and near...
Trillion Energy’s Stake in Giant Black Sea Gas Field up for Sale
Trillion Energy is seeking a buyer for its 49 % working interest in the South Akcakoca Sub‑Basin (SASB) gas field in the southwestern Black Sea, a project operated by Turkey’s state oil company TPAO. The company also secured a new agreement...
Hapag-Lloyd Raises Baxi Stake to 50%
Hapag‑Lloyd has raised its equity in Indian logistics group JM Baxi to a 50 percent stake, confirming the move in its 2025 annual report. The carrier now controls the newly created JM Baxi Container Holdings through a board majority, while retaining...
C-DOT Eyes Spinoff to Take Indian Tech Global
India’s Center for Development of Telecom (C‑DOT) is preparing to spin off a commercial arm, giving private investors a 51 % stake while the agency retains 49 %. The move aims to bypass government tendering constraints and accelerate the global rollout of...
Cooley Maintains Top Rankings in Global M&A and Private Equity
Cooley’s global M&A and private‑equity practices retained top positions in Bloomberg’s Q1 2026 league tables. The firm ranked #1 worldwide in both life‑science and technology deal counts, #3 overall M&A, and #2 in private‑equity transactions. It advised on high‑profile deals...
China’s Coffee Market Splits in Two as Luckin Moves Upmarket and Mixue Digs Deeper
Centurium Capital is acquiring Blue Bottle’s global retail stores for under $400 million, giving Luckin Coffee a premium brand to complement its low‑price model. Mixue Bingcheng is piloting freshly ground coffee in select outlets, installing $4,800 automatic machines to broaden its...
Popular Pizza Chain Sold During 80th Anniversary
Buddy's Pizza, the Detroit‑style pizzeria founded in 1946, has been acquired by a Detroit‑based investment group led by Saber Ammori, Andrew Dickow and Kevin Denha. The transaction closes as the brand celebrates its 80th anniversary, and the new owners stress...
India Kept Out of Unilever's Global Food Deal
Unilever will leave its India operations out of the $44.8 billion merger with McCormick that creates a $20 billion‑revenue foods powerhouse. The Indian foods unit, which contributes roughly $1.8 billion in annual sales (about 22% of Hindustan Unilever’s total), will remain with the...
Ridgewood Infrastructure on Acquiring with Purpose, Growing with Precision and Exiting with Intent
Ridgewood Infrastructure’s Ross Posner highlights the lower mid‑market as a sweet spot for infrastructure investors. He argues that deals in this segment deliver compelling returns across acquisition, growth, and exit phases. Ridgewood’s strategy centers on purposeful acquisitions, precise operational scaling,...
Revolut in Talks to Acquire Major Asian Bank
Revolut is reportedly in advanced talks to acquire an Asian bank to secure a full banking licence and accelerate its regional push. While a takeover of DBS Group is dismissed as financially impractical, analysts point to smaller digital‑only institutions as...
Conagra Brands Inc (CAG) Q3 2026 Earnings Call Transcript
B&G Foods completed the sale of its Green Giant U.S. frozen business, generating $63.2 million in cash and securing a co‑pack agreement with Seneca Foods that should add roughly $80 million of revenue in 2026. The company also announced the pending acquisition...
Montreal’s Leyad Buys Portfolio of Properties Leased to Loblaw
Montreal‑based developer Leyad announced the acquisition of a portfolio of grocery‑anchored properties leased to Loblaw Companies, totaling about 387,000 sq ft. The assets are spread across British Columbia, Manitoba, New Brunswick, Nova Scotia, Saskatchewan and Yukon, giving Leyad its first foothold in...
The New Normal: Joint Ventures, Longer Commitments, and the Rise of Earn-Outs
Veterinary practice transactions are moving from outright buyouts to partnership‑focused structures. Joint ventures now outnumber full acquisitions, and sellers are expected to stay involved for four to five years after closing. Earn‑outs are increasingly linked to post‑closing EBITDA rather than...
The $2 Billion Nvidia Deal With Marvell Is About A Lot More Than NVLink Fusion
Nvidia is investing another $2 billion in Marvell, extending a series of multi‑billion‑dollar bets aimed at shaping the AI datacenter supply chain. The partnership will have Marvell produce custom XPUs and NVLink Fusion‑compatible networking, leveraging its recent acquisition of XConn’s high‑bandwidth PCIe...
‘The Weight’ Filmmaker Padraic McKinley Inks With Range Media Partners
Padraic McKinley, the director of Sundance‑premiered “The Weight,” has signed with talent agency Range Media Partners. The film, starring Ethan Hawke and Russell Crowe, was acquired by Vertical, screened at Berlin, and is set for a September 18 theatrical release...
Family Life Expanded To Two Keystone State Counties
Family Life Radio announced the acquisition of an FM station in Lawrence County, Pennsylvania, extending its broadcast footprint into two Keystone State counties. The deal transfers ownership from longtime local broadcaster Lynn Deppen, with broker Michael J. Bergner facilitating the...
Options Traders Pick Up Pharma Stock After Eli Lilly Buyout
Centessa Pharmaceuticals (NASDAQ: CNTA) surged 44.4% to $39.90 after Eli Lilly announced a $6.3 billion acquisition to broaden its metabolic and sleep‑disorder portfolio. The stock hit an intraday high of $40.26, its highest level ever, while the 40‑day moving average provided support....
Pharma Goes on $25.5B, Eight-Day Acquisition Spree
Pharmaceutical companies launched an eight‑day acquisition blitz, with six firms announcing deals worth about $25.5 billion. Two of those transactions involve upfront payments exceeding $5 billion each, underscoring the aggressive pace. The deals focus on securing biotech pipelines and specialty drug assets...
Tech Disruptors: Mastercard on Stablecoins and Agentic Commerce
Mastercard is deepening its foray into stablecoin infrastructure, highlighted by a proposed acquisition of BVNK, a firm that provides fiat‑on‑ramp services for digital assets. The move aligns with the company’s broader strategy to embed its trust‑centric network into emerging payment...
McCormick Merges with Unilever's Food Business
McCormick and Unilever have agreed to merge Unilever's food division, creating a combined entity valued at roughly $66 billion. The transaction, slated to close in mid‑2027, gives Unilever shareholders a 55% stake and McCormick shareholders 35%, with Unilever also receiving $15.7 billion...
Zendesk Acquires Forethought
Zendesk announced the acquisition of Forethought, an AI‑agent platform, though financial terms were not disclosed. The deal enables Zendesk to embed self‑improving AI agents across chat, email and voice channels. Customers will soon access the new Forethought AI Agents, which...
Mindspace REIT Buys Chennai Office From Sponsor for ₹2,541 Crore
Mindspace Business Parks REIT announced the acquisition of a 2.6 million sq ft, 12.4‑acre Grade‑A office campus in Chennai for ₹2,541 crore (≈ $310 million). The deal, executed under a right‑of‑first‑offer with sponsor K Raheja Corp, includes a preferential issuance of up to ₹675 crore (≈ $82 million) pending approvals. Once...
McCormick & Co., Unilever Reach Acquisition Agreement
McCormick & Co. announced an agreement to acquire the majority of Unilever’s Food business, creating a combined company with roughly $20 billion in annual sales. Unilever shareholders will receive shares representing 65% of the new entity’s equity, valued at $29.1 billion, plus...
Sennheiser Made My Favourite Headphones for Years –I'm Mourning Its Apparent Demise
Swiss hearing‑aid maker Sonova announced it will discontinue the Sennheiser consumer audio division, signaling a possible exit from the headphone market. The company indicated the brand could be sold if a buyer meets its price expectations, but otherwise will focus...
Aurelius to Sell Airline Catering Business LSG APAC
Aurelius, the private‑equity firm that bought LSG Asia‑Pacific from Deutsche Lufthansa in 2023, announced plans to sell the airline catering subsidiary. The move follows a broader strategy to streamline Aurelius’ portfolio and capitalize on the post‑pandemic recovery in airline services....
SAIL Leadership Buyout Signals New Growth Phase
Canadian outdoor retailer SAIL Outdoors completed a management‑led buyout, placing President Isabelle Lemay, CFO Stefania Cella and VP of Marketing Catherine Venne in majority control, backed by Fonds de solidarité FTQ. The transition follows a 2020 creditor‑protection filing, operational streamlining...
Industry Faces Trickle Down Pivot as Largest Ocean Carriers Continue to Grow
Hapag‑Lloyd is pursuing a takeover of Zim Integrated Shipping Services, a move that would further cement the dominance of the world’s largest ocean carriers. The biggest players are not only expanding fleet size but also buying terminals and building feeder...
Consolidation, Partnerships and Growth: Supplement Industry Deals of Q1 2026
In 2025 the supplement sector experienced a surge of consolidation, with numerous mergers, acquisitions, and strategic alliances reshaping the market. At the same time, consumer preferences shifted toward personalized, convenient self‑care products, prompting brands to launch targeted formulations and messaging....
ArcLight in Deal to Buy 2.2 GW From InfraBridge, Mainly Gas
ArcLight Capital Partners announced a deal to purchase roughly 2.2 GW of primarily gas‑fired power assets from InfraBridge, including a 1,362‑MW stake in the Lackawanna plant and a 584‑MW Canadian facility. The acquisition would lift ArcLight’s PJM Interconnection portfolio from about...
Maven Exits AccessPay to Accel-KKR
Maven Capital has sold its stake in AccessPay to private‑equity firm Accel‑KKR. The transaction values the B2B payments platform at roughly $200 million. AccessPay provides software that links corporate back‑office finance systems directly to banking networks, automating payments and reconciliations. Maven’s...
SAP’s Reltio Acquisition Forces A Choice For CIOs
SAP announced acquisition of Reltio, integrating its master data management platform into SAP Business Data Cloud. The move gives SAP control over the enterprise master data layer, especially for customers with mixed SAP and non‑SAP environments. By embedding Reltio, SAP...
Novisto Acquires Carbon Accounting Software Provider Minimum
Novisto announced the acquisition of Minimum, a London‑based carbon management software provider, to create an end‑to‑end carbon and sustainability platform. Minimum’s Carbon Atlas maps emissions across complex organizational structures, delivering granular carbon intelligence. The deal builds on Novisto’s $27 million financing...
Biogen, with $5.6B Apellis Buy, Builds Out Immunology Offerings
Biogen announced a $5.6 billion cash acquisition of Apellis Pharmaceuticals, paying $41 per share—a 140% premium—and issuing contingent value rights worth up to $4 per share. The deal brings two recently launched products, the eye‑disease therapy Syfovre and the rare‑kidney drug...
Carlyle to Buy Majority Stake in MAI Capital; Investcorp-Backed Resultant Picks up Liberty Advisor Group
Carlyle agreed to buy a majority stake in MAI Capital Management, a private‑credit specialist managing roughly $5 billion of loan assets. Investcorp‑backed Resultant acquired Liberty Advisor Group, a Chicago boutique that advises private‑equity firms and Fortune 500 companies on M&A transactions. Greenbelt...
Closed Loop Partners Acquires Metal Processing Company
Closed Loop Partners, the New York‑based circular‑economy investor, has acquired a majority interest in Sutter Metals, a regional metal‑processing firm operating in Washington state. The partnership will fund expansion of processing capacity, geographic reach, and a buy‑and‑build M&A strategy targeting...
Hellmann's Parent Company to Merge Food Business with McCormick
Unilever PLC announced a definitive agreement to merge its Foods division with McCormick & Co., creating a combined flavor business with roughly $20 billion in FY 2025 revenue. The transaction values Unilever Foods at $44.8 billion, reflecting an EV/Sales multiple of 3.6× and...
Crosschq’s Acquisition of Traitify: This Is Not About Assessments
Crosschq announced the acquisition of Traitify, a visual‑assessment startup, but the deal is not simply about adding new tests to its portfolio. The move is positioned as a strategic step to deepen data‑driven talent analytics and improve candidate engagement. By...
Carlyle to Acquire Majority Stake in MAI Capital
The Carlyle Group announced it will acquire a majority stake in MAI Capital Management for a valuation exceeding $2.8 billion, with the transaction slated to close in the second quarter of 2026. MAI, which oversees more than $72 billion in assets and...
Connoisseur Eyes Market Domination As NRG Preps Lincoln Exit
Connoisseur Media has agreed to purchase six Lincoln-area radio stations from NRG Media, including KBBK, KLIN-AM, KLNC, K233AN, K257GN and KFGE. To complete the acquisition, Connoisseur is seeking an FCC waiver that would allow it to own 11 stations in...
Mirza International Acquires Solethreads to Enter Semi-Premium Footwear Segment
Mirza International has acquired 100% of Gurugram‑based casual‑footwear startup Solethreads, marking its entry into India’s fast‑growing semi‑premium footwear segment. Solethreads, founded in 2020, has raised over $7 million and achieved a monthly run rate of about $638,000, with presence in 600...
IKS Health Acquihires AI Startup ThinkDTM to Transform Patient Access Solutions
IKS Health, a global care‑enablement leader, has acquihired AI‑native startup ThinkDTM, bringing its entire engineering team into the firm. Founder Tij Bedi will join IKS as Executive Vice President and General Manager of Patient Access and Innovation. The new unit...
BNP Paribas’ Scemama: ‘You Can’t Treat the Capital Differently’
BNP Paribas has finalized its acquisition of AXA Investment Managers, creating one of Europe’s largest alternatives platforms. Isabelle Scemama, head of the merged unit, emphasized that harmonising the distinct capital streams of the two firms is now the top priority. The...
U.S. Bank, Mastercard Take Amazon's Small-Business Cards From Amex
U.S. Bank will assume issuance of Amazon’s Business and Business Prime credit cards, with Mastercard serving as the network provider, replacing American Express. The move opens a cross‑sell channel to Amazon’s roughly 1.9 million U.S. small‑business sellers and adds to U.S. Bank’s existing base of...
Egg Power Acquires Chirmorie Wind Project
Egg Power, the renewable arm of Liberty Growth, announced it has acquired the project rights to the Chirmorie Wind Farm in South Ayrshire, Scotland. The deal, the company's fourth UK renewable acquisition, follows a £400 million (≈$508 million) construction‑debt financing facility secured...
Canyon Acquires Columbine Poudre Home Care, Bloom at Home
Colorado-based Canyon Home Care & Hospice announced the acquisition of Columbine Poudre Home Care and its affiliate Bloom at Home, extending its service footprint across northern Colorado. The deal, whose financial terms were not disclosed, brings together two culturally aligned...
Crown Reserve Acquisition Corp. I and Carvix, Inc. Announce Definitive Business Combination Agreement
Crown Reserve Acquisition Corp. I announced a definitive business combination with Carvix, Inc., valuing the automotive‑technology platform at an implied $1 billion enterprise value in an all‑stock deal priced at $10 per share. The transaction hinges on at least $80 million of PIPE...