M&A

LivePerson adjourns AI merger vote, reschedules to Sept. 2026
Preliminary results show over 97% support for SoundHound deal, but company remains short of required voting threshold. Special meeting adjourned after initial session.

CK Hutchison seeks $1.5 bln in Panama port arbitration claim
Hong Kong conglomerate files claim after Panama's Supreme Court annulled port concessions, citing damages exceeding $1.5 billion. Dispute centers on Balboa and Cristobal terminals.

Canada regulator moves to block B&G Foods’ Green Giant sale to Nortera
Competition Bureau files tribunal challenge over proposed $1.2 billion deal for Green Giant and Le Sieur Canadian operations. B&G Foods vows to pursue alternatives.

Commerzbank retires shares as UniCredit nears majority stake
UniCredit’s stake in Commerzbank rises to 49.65% after share buyback retirement, with 3.36% subject to conversion options. Commerzbank’s board had delayed retirement amid takeover dispute.

JD.com offers EU concessions in Ceconomy takeover probe
Chinese e-commerce giant proposes remedies to address Brussels' concerns over MediaMarkt-Saturn deal. EU regulator targets alleged state subsidies and deepens antitrust scrutiny.

EFG sells UK wealth unit to Canaccord Wealth for strategic focus
EFG International to divest Harris Allday’s client assets and front-office teams to Canaccord Wealth, improving CET1 ratio by 30bps and boosting pre-tax profit by CHF 20 million. Deal expected to close Q4 2026.

Oasis urges Kakaku.com to reject EQT bid, seek higher price
Activist investor Oasis Management calls for Japanese online platform Kakaku.com to reject a 3,570 yen bid from EQT-led consortium, citing Bain Capital’s higher 3,640 yen offer as more realistic.

KKR takes minority stake in India’s BookMyShow for live entertainment push
Global investment firm acquires undisclosed stake in India’s largest ticketing and live events platform. Deal subject to regulatory approvals.

Rockpool Acquisitions’ ELG takeover delayed by funding shortfall
European Lingerie Group failed to secure required investor capital, delaying its reverse takeover by Rockpool and raising recovery risks for the British firm.

KKR bids $9 billion for UGI in U.S. energy push
Private equity giant KKR offers $42.50 per share for UGI Corp, a 21% premium, amid rising demand for reliable energy infrastructure. Deal would create a major U.S. utility player.

KeyBanc analyst cites pricing shift, growth durability and valuation as tech M&A catalysts
KeyBanc Capital Markets analyst Jackson Ader says a move to consumption‑based pricing, sustained growth confidence and a 26% drop in software valuations could speed tech mergers and acquisitions.

Francisco Partners to buy Weave for $650 million in cash
The deal values Weave at a 34% premium to its prior close and will take the healthcare software firm private in Q4 2026.

Arxis closes $770 million acquisition of Omnetics Connector
Deal valued at $770 million enterprise value, with Arxis issuing 13.35 million shares. Omnetics designs precision connectors for defense, aerospace and medical sectors.

Goldman Sachs to buy LCN Capital Partners for up to $410 million
Deal includes $260 million upfront and up to $150 million in deferred payments, with 80% of total consideration in equity. LCN manages $3 billion in sale-leaseback and real estate strategies.

Goldman Sachs to acquire LCN Capital Partners for up to $410 million
U.S. investment bank to pay $260 million upfront and up to $150 million in deferred consideration for commercial real estate investor LCN Capital Partners, with deal expected to close by year-end.

Arvins appoints Gökan Deubelbeiss as Partner to lead small-cap M&A
The Zurich-based M&A boutique adds a new partner to develop its small-cap advisory segment, targeting Swiss SMEs valued up to 20 million francs. Deubelbeiss joins from Axtradia.

US Court Blocks Henkel’s $725 Million Acquisition of Rival
A US court has temporarily blocked Henkel's planned $725 million acquisition of an adhesive rival owned by Pittsburgh Paint.

Microsoft, Salesforce in talks to acquire Darwinbox before IPO
Tech giants Microsoft and Salesforce are exploring a potential buyout of HR software firm Darwinbox, which had planned an initial public offering.

TPG Global offers $468M for Australia’s EQT Holdings
Private equity firm TPG Global proposes A$650 million ($468 million) cash bid to acquire EQT Holdings, operator of Australia’s largest independent stockbroking network.

Cavitation Technologies to be acquired for $35 million
Specialty materials firm Cavitation Technologies agreed to a $35 million all-cash deal, with shareholders to vote on the transaction next month.

Madison Air Solutions to acquire ebm-papst for $5.4 billion
German industrial ventilation firm ebm-papst to be taken private in cash-and-stock deal valuing the company at $5.4 billion.

Carlyle and CVC Explore Joint Bid for Bauwatch
Private equity firms Carlyle and CVC Capital Partners are reportedly evaluating a joint takeover bid for temporary site security provider Bauwatch.

AMS shareholders approve H.B. Fuller acquisition proposal
Dutch sensor maker AMS approves $1.4 billion takeover by adhesives firm H.B. Fuller, marking a strategic expansion in industrial materials.

Parker Hannifin completes Filtration Group acquisition
Industrial conglomerate expands filtration business through $13.8 billion deal, reinforcing market position in engineered solutions.

