M&A
Metlen Energy & Metals to spin off concessions unit into €105m deal
Greek energy firm to transfer PPP and concession assets to a new subsidiary via a share capital increase of €105.1m. Shareholder approval expected by September 2026.
Metlen Energy & Metals to spin off concessions unit into separate entity
Greek energy and metals group plans to demerge its concessions and PPP business into a standalone unit, M Concessions, with a €105 million capital increase. Shareholder vote expected by September 2026.
nVent to acquire Maverick Power for $1.75 billion to bolster AI data center business
Deal adds power distribution infrastructure to nVent’s portfolio, with up to $550 million in contingent payments. Expected to close in late 2026, subject to regulatory approval.
Agnico Eagle to invest C$57.2 million in Radisson Mining Resources
Agnico Eagle acquires 53.42 million units at C$1.07 each, securing a 10.45% non-diluted stake in Radisson Mining Resources. Deal includes warrants exercisable at C$1.39 over five years.
California halts Paramount merger talks over alleged leaks
State AG Rob Bonta cancels settlement discussions after Paramount accused of misrepresenting talks. Deal valued at $111 billion faces opposition from 12 states.
Martin Marietta closes $2B limestone reserves deal with Lhoist North America
Acquisition adds over 2 billion tons of reserves to Martin Marietta’s portfolio, expanding its lime and limestone business. Financial terms remain undisclosed.
Silver Bow to pay $28.6M for Montana processing complex
Acquisition of Jefferson County Metallurgical Complex includes two processing circuits with combined 16,000 tons-per-day capacity. Creditors to receive $24.1M in initial payments.
Vision Marine signs non-binding reverse takeover deal with unmanned systems firm
Aiming to shift into autonomous systems, Vision Marine Technologies will merge with an undisclosed private company in a deal requiring $25 million in financing and $100 million in purchase orders by 2027.
nVent to buy Maverick Power for $1.75 billion in data center push
Deal expands nVent’s power infrastructure portfolio with low- and medium-voltage switchgear for data centers. Financing includes bridge loan from Bank of America.
Edisun Power to acquire Smartenergy in $440 million deal
Edisun Power will finance the acquisition of Smartenergy’s operations via a share issuance at 218.05 francs per share, with new shares expected to list on the SIX in Q4.
Valerio Therapeutics to buy Etherna for €30 million in cash-and-shares deal
The €30 million acquisition, funded partly by a €40.25 million PIPE, will expand Valerio’s pipeline with Etherna’s immunotherapies. Shareholder vote set for October 2026.
Valerio Therapeutics to acquire Etherna for €30 million in cash, stock deal
French biotech Valerio secures €40.25 million PIPE financing to fund €30 million acquisition of Etherna Immunotherapies. Deal subject to shareholder vote in October 2026.
Exxon, LyondellBasell vie for Shell’s U.S. chemical assets worth up to $8 bln
Shell is seeking buyers for its U.S. chemical plants, including a $14 bln Pennsylvania complex, with Exxon Mobil and LyondellBasell among the bidders. Apollo and Kuwait Petroleum also reportedly evaluating the assets.
Shell explores $8 bln sale of U.S. chemicals assets as Exxon, LyondellBasell eye bid
Shell is seeking buyers for its U.S. chemicals operations, including the Monaca complex, with potential deals valued up to $8 billion. Exxon and LyondellBasell are among the bidders evaluating the assets.
Partners Group exits $200M Gong cha credit stake to Bain Capital
Swiss private markets firm sells its credit stake in Gong cha as TA Associates exits via Bain Capital acquisition. Deal follows $200M financing in 2019.
Commerzbank chairman urges review of German takeover rules after Unicredit bid
Weidmann criticizes Unicredit's takeover for lack of control premium and minimal investor participation. Warns of domestic job cuts to meet €1.3bn savings target.
California expected to seek TV channel sales from Paramount-Warner deal
California regulators are reportedly preparing to demand divestitures of TV channels as part of the proposed merger between Paramount Global and Warner Bros. Discovery.
Bernstein explores Hershey-Mondelez tie-up or acquisition
Analysts model a potential Hershey takeover of Mondelez, projecting EPS dilution or accretion depending on leverage and synergy assumptions. No official talks reported.
Commerzbank chair urges review of German takeover rules after UniCredit deal
Jens Weidmann criticizes UniCredit’s acquisition approach as insufficiently premium-driven, calling for regulatory reassessment of Germany’s M&A framework.
Bernstein sees Hershey-Mondelez tie-up as long-term option
Analysts model a potential Mondelez acquisition by Hershey, projecting EPS dilution or accretion depending on leverage and synergy targets. Governance hurdles remain significant.
Paramount and California to hold talks on Warner Bros deal
Preliminary discussions between Paramount and California officials are expected to focus on regulatory and economic considerations.
The Real secures Canadian court approval for RE/MAX merger
Final court approval granted for The Real’s $2.9 billion all-stock deal to acquire RE/MAX, with U.S. and Canadian shareholders already backing the transaction.
Vireo Growth closes $37.5m cannabis deal for C21 Investments
Vireo Growth finalizes court-approved acquisition of Nevada-based C21 Investments via share swap valued at $37.5 million. Combined entity expands to 170 dispensaries across 10 states.
JPMorgan poaches Bank of America’s tech M&A head for North America role
David Fishman joins JPMorgan as vice chair and head of technology M&A in North America, reporting to the firm’s co-heads of tech investment banking and global M&A chief. Fishman spent 15 years at BofA, most recently co-leading its TMT M&A.