M&A
Kingsway Corporation Scales Search Fund Model Amid Small-Cap Growth
The search fund model is proving its scalability as Kingsway Corporation reports $22M–$23M in adjusted EBITDA and 33% revenue growth, despite a 34% stock decline over the past year.
Gran Tierra Seeks Shareholder Approval for $1.33 Billion Sale of Colombian, Ecuadorian Assets
The company filed a proxy statement with the SEC seeking shareholder approval for the sale to France‑based Maurel & Prom, with a special meeting set for Oct. 9. The transaction also requires regulatory sign‑off in Colombia and Ecuador.
Columbus McKinnon Targets Debt Reduction Amid $2B Pro Forma Revenue Growth
The company aims to cut debt to below 4x leverage by 2028, while focusing on cost synergies and end-market demand shifts.
Zenta Group Clarifies Share Count Following ZentoAI Acquisition
Nasdaq-listed Zenta Group disclosed 24.1 million total shares outstanding as of Sept. 11 closing, correcting discrepancies on third-party platforms showing ~11.8 million.
Zymeworks acquires Theravance Biopharma for expanded biotech portfolio
Vancouver-based Zymeworks finalizes deal to bolster its antibody-engineering platform and commercial assets, including YUPELRI and HER2-targeted bispecific antibody Ziihera.
MGM Resorts Ends People Takeover Bid, Focuses on Core Operations
MGM Resorts International announced it has withdrawn its pending takeover bid by People Incorporated, preserving its standalone status amid ongoing negotiations.
AMC Entertainment Raises $3.97B in Notes, Loans to Fund Debt Redemptions
The company priced $2 billion in 8.875% first-lien notes due 2031 and secured $850 million in term loans to cover debt obligations, including Muvico’s 2029 notes and Odeon’s term loans.
Swiss Parliament Approves 90% CET1 Capital Rule for UBS Foreign Units
Swiss lawmakers back stricter capital requirements for UBS, requiring 90% CET1 backing for foreign subsidiaries, raising $18 billion in additional capital needs.
KBR Announces LaRouche as CEO for $5B Spinoff Trinzic
Trinzic, a planned $5B spinoff from KBR’s Mission Technology Solutions, will launch as a publicly traded entity in January 2027 with Michael LaRouche as CEO.
China, U.S. agree to $30B tariff cut, launch AI dialogue
China and the U.S. have reached a $30 billion reciprocal tariff-reduction arrangement as part of an eight-point consensus during President Xi Jinping's visit to the U.S. They also agreed to establish a dialogue on AI risks and benefits.
Monzo in early talks to sell to Brazil's Nubank
The UK digital bank is discussing a potential acquisition by Latin American fintech Nubank, with advisors Morgan Stanley and Qatalyst involved. A deal could value Monzo at over £8 billion and combine cash and stock.
Federal Reserve Approves Merger of Peoples Bancorp and Citizens National
The Board granted approval for Peoples Bancorp Inc. to merge with Citizens National Corporation, allowing Peoples Bank to absorb Citizens Bank of Kentucky and operate its branches. The decision was announced on September 25, 2026.
Hon Hai completes equity restructuring transactions
Hon Hai's subsidiaries Joyspeed Global Cargo (China) and Jusda Supply Chain Management International disposed of equity in Shanghai Joyspeed Global Cargo, while HCM International disposed of shares in Figure Technology Solutions.
Vertiv to Buy King Environmental Services for EMEA Expansion
Vertiv Holdings said it will acquire Irish-based King Environmental Services, extending its thermal-management and fluid-services footprint into Europe, the Middle East and Africa.
Cloopen Sharesholders Approve Private-Market Merger
Cloopen Group Holding Limited secures near-unanimous shareholder approval for a merger to transition into private ownership, with SummerX Holdings to merge into the company while AutumnX becomes its parent.
Partners Group Gets EU Approval for Aroma-Zone Acquisition
Swiss PE firm receives clearance to buy majority stake in French natural cosmetics brand from Eurazeo; deal valued at roughly €2 billion.
Schroder Asian Total Return Completes Merger with Pacific Assets Trust
The investment trust issued over 52 million new shares to acquire Pacific Assets Trust’s net assets, boosting its net assets to roughly £1 billion and reducing its ongoing management fee.
Elmet Acquires 4.99% Stake in Masan High-Tech Materials for $2.5B Valuation
The Elmet Group takes a nearly 5% stake in Vietnam's Masan High-Tech Materials alongside an eight-year, $1.5B tungsten supply deal, valuing the miner at $2.5 billion.
Artisan Partners Calls for Novartis Dealmaking Overhaul After Clinical Failures
One of Novartis's largest shareholders demands board-level shake-up of acquisitions oversight after back-to-back Phase III trials missed endpoints, wiping $30B from market value.
Paramount Skydance seeks $7.5B loan for Warner Bros. Discovery deal
The company plans to raise an additional $44.4B in debt to fund the acquisition, pending regulatory approvals and market conditions.
Madison Dearborn to Buy Commodity ETF Manager Marygold for $2 a Share
The private equity firm agreed to acquire the holding company behind USCF, a commodity-focused ETF manager with about $6 billion in assets, at a 100% premium.
Bernstein Downgrades Deutsche Telekom on T-Mobile US Risks; BT Named Top European Telecom Pick
Analysts cut Deutsche Telekom’s valuation amid uncertainty over a potential U.S. merger and German broadband competition, while BT’s outlook improves with Openreach stabilization and reduced capital expenditure.
Runway Growth Finance Raises $45M in 7.75% Notes
The company plans to use proceeds to repay debt and redeem senior notes, with an overallotment option allowing underwriters to buy up to $6.8M more
European Metals Awards 5M Unlisted Options to Consultants
The ASX-listed resource firm issues incentive options to align consultants' interests with long-term project development
