M&A

Baldwin Insurance Stock Hits 52-Week High Ahead of Take-Private Deal
Shares of Baldwin Insurance Group topped $32.59 on a 52-week high as an $32.50-a-share cash acquisition by Sequence Holdings and Michael Dell's family office looms.

UBS secures softer capital rules, saving hundreds of millions annually
Swiss regulator approves partial use of AT1 bonds, easing UBS’s capital requirements amid post-Credit Suisse reforms

ProVen VCT and ProVen Growth and Income VCT enter merger talks
Two UK venture capital trusts are discussing a potential merger aimed at cutting costs and gaining scale, the boards said.

ProVen VCTs Explore Merger Under Insolvency Act
ProVen VCT plc and ProVen Growth and Income VCT plc are in merger discussions to streamline operations and enhance shareholder value via a scheme of reconstruction.

Rogers Communications Cuts Capex, Plans Sports Media Consolidation by Early 2027
Rogers Communications aims to streamline its sports and media assets by merging MLSE and Blue Jays operations, while reducing capital spending and deleveraging post-acquisition.

Branded Legacy acquires Canadian defense robotics firm Bletchley
Branded Legacy Inc. has acquired Canadian defense robotics developer Bletchley Robotics, whose AI-powered interceptor drone LADI-Hornet targets the growing counter-UAS market.

Debenhams sells Nasty Gal brand for $16m in non-core disposal
Debenhams Group plc offloaded its Nasty Gal brand to White Space Group for $16 million, marking a strategic shift toward a marketplace-focused business model.

UBS Launches Nine Tender Offers to Repurchase Legacy Credit Suisse Senior Notes
The bank continues debt integration from its Credit Suisse acquisition, adding nine repurchase bids for inherited senior notes while expanding its U.S. wealth-management presence.

5E Advanced Materials to Acquire Searles Valley Mineral Assets for $16 Million
The company said the deal, structured as a Section 363 bankruptcy sale, would transform it from a pre-revenue developer into a revenue-generating critical minerals producer by early October.

Corteva and Globachem Form Crop Protection Joint Venture
Corteva and Globachem N.V. have entered into a definitive agreement to establish a 50/50 joint venture focused on developing crop protection solutions for Europe and the Americas. The venture is expected to close in Q4 2026, with new products launching in the early 2030s.

BKV Plans $400 Million Convertible Notes Offering Due 2031
Denver-based natural gas producer BKV said it plans to sell $400 million in convertible senior notes due 2031 in a private placement, with an option for an additional $60 million.

CGI Acquires Callibrity to Expand Cincinnati Operations
CGI, a global technology and professional services firm, has acquired Callibrity, a technology consulting firm, to strengthen its presence in the Cincinnati metro market. The acquisition is expected to close on September 8, 2026.

UniCredit Seeks to Replace Commerzbank Leadership Amid Takeover Push
UniCredit aims to oust Commerzbank's CEO Bettina Orlopp and supervisory board chairman Jens Weidmann as it advances its takeover bid, while resisting German government demands to retain two supervisory board seats linked to its roughly 13% stake.

Revvity Agrees to Acquire Human Cell Design in Metabolic Research Deal
Revvity has agreed to buy France-based Human Cell Design, adding human cell models for diabetes, obesity and metabolic research, with a close expected in the fourth quarter of 2026.

Fifth Third Bancorp’s Comerica Acquisition Boosts Growth Plans Amid Strong Financial Guidance
The bank’s integration of Comerica’s customer base and branch network accelerates expansion plans, while record charge-off levels and expanded branch targets underscore a strategic push for higher deposit and lending growth.

Goodwin Agrees to Sell Engineering Unit to Cerberus for £1.1bn
Goodwin PLC will sell most of its Mechanical Engineering division to an affiliate of Cerberus Capital Management for up to £1.1bn in cash, with completion expected in Q1 2027.

SU Group to Acquire KM Safety Solution for $721,000
SU Group Investment Limited will buy 100% of KM Safety Solution Company Limited from Lead New Limited for HK$5.616 million, or about $721,000, in cash.

Asiamet Completes Indokal Sale, Approves $93m Dividend
Asiamet Resources Limited has completed the sale of its subsidiary Indokal Limited to Norin Mining for $104.9 million, and approved a $93 million special cash dividend.

Curaleaf urges Aurora shareholders to accept $4 per share takeover offer
Curaleaf proposes a cash‑and‑stock deal valuing Aurora at $4 per share, a 45% premium, with a tender deadline of Dec. 1, and projects combined revenue of $1.5 bn.

Tenet Fintech sells 51% stake in ASFC subsidiary for C$10.2M
Tenet Fintech agreed to sell its 51% stake in Asia Synergy Financial Capital to two directors and a company they control for C$10.2M, with payment due within six months.

Alternative Income REIT Board Recommends Glenstone Offer
AIRE board has reversed its prior stance and urged shareholders to accept Glenstone REIT's 70-pence cash bid, which sits at a 17% discount to unaudited net asset value.

Goodwin in advanced talks to sell engineering unit for £1.1bn
Goodwin PLC is in advanced discussions to sell a substantial part of its Mechanical Engineering division to Cerberus-advised funds for about £1.1 billion in cash.

Elemental Royalty completes Vizsla Royalties acquisition
Elemental acquired 2.0%-3.5% net smelter return royalties on Vizsla Silver's Panuco project, paying about C$82 million and issuing 8.1 million shares.

Neuberger, KKR Take Minority Stake in Health Data Platform Datavant
Neuberger Capital Solutions and KKR will acquire a significant minority stake in Datavant, with New Mountain Capital retaining control. Deal expected to close in Q4 2026.

