M&A
Siemens Energy hires Goldman Sachs to sell stake in turbine unit
German industrial group taps Wall Street bank to divest part of its steam turbine and compressor division, with private equity firms among potential bidders. Valuation could exceed €10 billion.
Benchmark maintains WBD hold rating as Paramount-Warner merger talks stall
Analysts cite overvaluation risks at Warner Brothers Discovery while Paramount faces antitrust hurdles in California and the U.K. amid a $111 billion deal.
California halts talks with Paramount over Warner Bros merger
State AG Rob Bonta cancels meeting after alleging Paramount leaked settlement discussions. Trial set for March. Deal value $110 billion.
California AG cancels Paramount merger talks after alleged leak
Rob Bonta terminates Monday meeting after Paramount is accused of leaking details and misrepresenting preliminary discussions. Regulators seek to block $110 billion Warner Bros. Discovery deal.
Ancora reaffirms bid for H.B. Fuller’s adhesives unit after rejection
Ancora Holdings reiterates offer for H.B. Fuller’s Building Adhesive Solutions segment, citing long-term free cash flow conversion and potential leverage benefits. Board previously declined without discussion.
Benchmark keeps Hold on WBD amid Paramount merger talks
Analysts maintain cautious stance on Warner Bros. Discovery as California's antitrust lawsuit and Paramount's debt burden weigh on the outlook. Regulatory approvals and merger commitments provide partial clarity.
Lotus Tech acquires Lotus UK operations to unify brand globally
Deal consolidates sports car engineering and manufacturing under one corporate structure, streamlining governance and supply chain. Lotus UK, based in Norfolk, has operated for 78 years.
Nayax to buy IPS Group for $350 million in cash
Deal values IPS at 17x 2026 EBITDA; funded via cash and $150 million debt. Expected to close Q4 2026 pending regulatory approvals.
Escalade acquires insulated pet house maker ASL Solutions for undisclosed sum
Deal adds rotational molding capacity and marks Escalade’s entry into the pet products segment. ASL Solutions will join the US Weight Group under Allison McDonald.
Nayax to acquire IPS Group for $350 million in cash
The Israeli smart parking tech firm will pay $350 million in cash for IPS Group, a U.S.-based provider of integrated parking payment systems. Deal expected to close in Q4 2026, pending regulatory approvals.
H.B. Fuller rejects Ancora’s $1.1-1.2 bln BAS buyout bid
Board cites undervaluation and operational risks, citing precedent deals and dis-synergies from asset separation.
Siemens Energy exploring sale of steam turbine unit valued at over €10bn
Private equity firms including CVC, EQT, Bain and KKR are considering bids for the unit, though no final decisions have been made. Goldman Sachs is advising Siemens Energy.
KKR to buy Japan’s Ci FLAVORS beauty platform in private deal
Global buyout firm KKR will acquire the Tokyo-based beauty and lifestyle group through its Asia-Pacific private equity funds, with founder and CEO co-investing. Terms undisclosed.
Tokio Marine considers Suncorp takeover after Berkshire stake
Japanese insurer weighs multibillion-dollar bid for Australian rival after Berkshire Hathaway’s strategic investment. Discussions remain preliminary.
KKR to acquire Japanese beauty platform Ci FLAVORS for undisclosed sum
Private equity firm KKR will take control of Ci FLAVORS, a Tokyo-based beauty and lifestyle brand platform, from existing investors including L Catterton. Financial terms were not disclosed.
Navitas to buy Claros for up to $232.8 million in cash and stock
Deal values Claros at up to $232.8 million, with $216 million in cash and Navitas shares at $12.97. Acquisition targets vertical power delivery tech for AI data centers.
Tokio Marinha explores Suncorp takeover after Berkshire stake
Japanese insurer evaluates multi-billion-dollar acquisition of Australian rival Suncorp, with Berkshire Hathaway’s recent 2.5% stake in Tokio Marinha signaling strategic cooperation.
Insurance Australia shares jump 5% on Tokio Marine acquisition talk
IAG surges after Financial Times report flags Tokio Marine as potential buyer for a multi-billion-dollar deal. ASX 200 rises 0.6% in tandem.
Booz Allen closes $720 million acquisition of Ultra Mission Solutions
Deal expands defense technology portfolio with encryption, edge-compute and software assets. Ultra I&C Mission Solutions to operate under Booz Allen's defense tech unit.
Fox Corp to buy Roku for $22 billion in cash-and-stock deal
Fox Corp agreed to acquire Roku for $160 per share in a $22 billion cash-and-stock transaction, with completion expected in the first half of 2027. The deal values Roku at $23.5 billion based on current trading.
Regent to acquire Avon North America from LG H&H for undisclosed sum
Private equity firm Regent will take control of Avon's U.S. and Canadian operations in a deal expected to close Sept. 1. The transaction reunites Avon's North American and international units under one owner for the first time since 2016.
Energys Group buys UK lighting and solar installers Cube Lighting and Cube Solar
Acquisitions of Cube Lighting and Cube Solar expand Energys Group’s UK energy-efficiency and decarbonization portfolio. Terms undisclosed.
Elastic acquires AI investigation platform Deductive AI
Deal expands Elastic’s Observability suite with reinforcement learning-driven root cause analysis. Financial terms undisclosed.
Elastic acquires AI investigation platform Deductive AI
Deal expands Elastic Observability with reinforcement learning for root-cause analysis. Financial terms undisclosed as Deductive AI’s existing clients continue support during integration.