M&A

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.

Reliance Worldwide Shares Surge on $2.5 Billion Brookfield Takeover Bid
Reliance Worldwide shares jumped following a reported $2.5 billion acquisition proposal from Brookfield.

Ecopetrol Completes $1.2 Billion Acquisition of 51% Stake in Brava
Colombian state-run oil company Ecopetrol has finalized its $1.2 billion acquisition of a majority stake in Brava.

Australia's EQT Holdings Receives $468 Million Takeover Bid from TPG Global
Australian trustee company EQT Holdings has attracted a takeover proposal valued at approximately $468 million from private equity firm TPG Global.

German Officials Open to Commerzbank Stake Discussions With UniCredit
High-ranking government representatives are reportedly willing to discuss selling the federal stake in Commerzbank to UniCredit.

Metlen Acquires Greek Energy Software Provider Joule
Metlen has expanded its operations by acquiring the Greek energy software firm Joule.

Boehly and Walter Discussing Chelsea Stake Sale to Clearlake
Co-owners Todd Boehly and Mark Walter are reportedly in discussions to sell portions of their stakes in Chelsea Football Club to Clearlake Capital.

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.

BidCo declares Irish Continental Group takeover bid final
BidCo confirms the completion of its recommended offer for Irish Continental Group, ending a months-long acquisition process.

Brookfield bids $2.9 bln for Australia’s Reliance Worldwide
Brookfield’s cash offer values Reliance Worldwide at 5.6 times its 2024 revenue, signaling strong interest in the Australian plumbing and building products firm.

Evoke shareholders approve Bally’s acquisition of Intralot
Shareholders of Evoke Pharma endorse the planned $1.05 billion acquisition of Intralot’s U.S. operations by Bally’s Corporation.

Pharos Energy delays shareholder vote on Ratio acquisition
Energy firm adjourns vote as it seeks additional shareholder approvals for the proposed acquisition of Ratio Petroleum.

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.

Fortinet buys Virtue AI to bolster AI-driven security
Deal expands Fortinet’s AI security portfolio with acquisition of Virtue AI, a specialist in AI-powered threat detection and response.

Brookfield raises RWC bid to $4.75, stock jumps 23%
Brookfield Asset Management boosts its offer for RWC to $4.75 per share, valuing the company at $930 million. The revised bid lifts RWC shares 23% amid investor approval.

Paramount seeks $1.88 bln bond from state AGs over merger lawsuit
Media giant files bond request to cover potential costs tied to legal challenges against its merger, as state attorneys general pursue antitrust action.

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.

Fulcrum Therapeutics to merge with Slate Medicines in $245M deal
Biotech firms Fulcrum Therapeutics and Slate Medicines will combine in an all-stock merger valued at $245 million, creating a gene therapy-focused entity.

Deutsche Telekom buys Fiberhost and Inea for €1 billion
German telecom giant expands fiber infrastructure in Poland through two acquisitions, strengthening its European network footprint.

OceanaGold to buy Ausgold in A$776 million deal
All-share and cash offer values Ausgold at 22% premium to recent trading levels. Deal expands OceanaGold’s Australian gold portfolio.

Synlait Denies Takeover Discussions With Fonterra and a2 Milk
New Zealand dairy processor Synlait Milk has formally denied engaging in any takeover negotiations with Fonterra and a2 Milk.

Stripe and Advent Bid $60.50 a Share for PayPal Amid Advanced Talks, Report Says
Stripe and Advent International have reportedly submitted a $60.50 per share bid for PayPal as discussions progress.

Paramount Clears Regulatory Hurdles for Warner Bros. Discovery Deal
Paramount has successfully cleared the necessary regulatory hurdles to proceed with its transaction involving Warner Bros. Discovery.

