M&A
U.S. regulator resumes review of $85 bln Union Pacific-Norfolk Southern merger
Surface Transportation Board removes proceeding from abeyance, sets August deadline for unfiltered workpapers. Regulatory scrutiny intensifies as timeline for public comments begins.
JBS proposes to fully acquire Pilgrim's Pride in $2.7 bln deal
JBS offers 2.086 of its shares for each PPC share, valuing the remaining 18% stake at $2.7 billion. Deal would delist Pilgrim's Pride from Nasdaq if approved.
Dover to buy India’s Leistung Engineering for undisclosed sum
Cryogenic valve specialist Leistung will join Dover’s OPW Fluid Transfer Solutions in the fourth quarter, expanding the conglomerate’s Indian manufacturing base and cryogenic capabilities.
Cinema United urges Paramount, California AG to settle antitrust case
Theater trade group seeks enforceable protections for movie exhibitors amid the $110 billion Paramount-Warner Bros Discovery merger.
Cinema United urges California to resolve Paramount-Warner merger dispute
Theater trade group calls on state AG to address concerns over Paramount’s acquisition of Warner Bros. Discovery amid antitrust scrutiny.
Veralto to buy Cleanwater1 for $465 million in water tech deal
Acquisition expands Veralto's water treatment portfolio with Cleanwater1's disinfection and filtration technologies, expected to close in Q4 2026. Deal values Cleanwater1 at 17x LTM adjusted EBITDA.
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.
Weave Communications to be taken private in $650 million deal
Francisco Partners agrees to acquire cloud communications firm Weave Communications for $7.40 per share, 33.8% above its prior close. Deal values the company at $650 million.
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.
Cellution Biologics buys SimpliDerm unit for $8 million
Deal includes up to $3 million in milestone payments over 18 months. Transaction expands Cellution’s surgical portfolio into U.S. reconstructive repair.
Capricorn Energy shareholders approve Genel acquisition scheme
Genel Energy's cash acquisition of Capricorn Energy gains overwhelming shareholder backing, with 99.8% approval at court and general meetings. Completion targeted for late 2026 pending final conditions.
Equinor buys 17.4% stake in Namibia offshore oil block
Norwegian energy firm enters Namibia with first offshore acreage deal, acquiring a stake in Block 2813B in the Orange Basin. Chevron retains majority interest pending regulatory approval.
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.
Ondas shares drop 4.9% after $33M defense unit acquisition
Ondas Holdings to acquire Aran Defense for $33 million in cash or stock, with deal expected to close in Q3 2026. Aran Defense posted $17M revenue in 2025, up from $12M in 2024.
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.
BioMarin to buy Alesta Therapeutics for $275M upfront, expand rare-disease pipeline
U.S. biotech BioMarin will acquire Alesta Therapeutics for $275 million in cash to gain ALE1, a Phase 1/2a oral therapy candidate for hypophosphatasia. Deal includes up to $215 million in milestone payments.
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.
Mobico Group Agrees to Sell UK Bus Business to West Midlands
Mobico Group has reached an agreement to sell its UK Bus operations to transport authorities in the West Midlands.
Migros Subsidiary Medbase Acquires Majority Stake in Ardentis
Medbase is expanding its dental clinic network in western Switzerland by acquiring a majority stake in the Ardentis dental group.
Ocean Yield Prepares to Close A.P. Møller Acquisition in Q2 2026
Ocean Yield has outlined acquisition timelines in its second-quarter 2026 slide presentation, noting the impending transaction.
ONE Nuclear Appoints CFO and Independent Director Ahead of SPAC Merger
ONE Nuclear has announced key leadership appointments as it prepares to complete its planned SPAC merger.
