M&A
Asia Strategic Holdings Selects OneStop Assurance as New Auditor
Shareholder approval required for Singapore-based auditor’s appointment amid BDO’s exit for statutory reporting
Roper Targets $5 Billion in M&A Over Next 12 Months, Expands AI Push
Roper Technologies says it expects to deploy $5 billion or more in acquisitions within a year while accelerating its agentic-AI rollout across most of its 21 software businesses.
Buffett hands Berkshire Hathaway chairmanship to son Howard
Warren Buffett, 96, cedes the chairman role to his son Howard, completing the leadership transition begun when Greg Abel took over as CEO at the start of the year.
Hafnia Buys Additional 4.39% Stake in TORM for $145.1 Million
Norwegian-owned tanker operator Hafnia acquires 4.5 million A shares of product tanker rival TORM at $32.25 per share, raising its holding to about 18.22%.
Fiinu Faces Bankruptcy Petition Over Everfex Subsidiary
Creditors file claims exceeding £1 million against Polish subsidiary; Fiinu reports £9.7 million loss in 2025, £7.3 million goodwill impairment.
Softcat Plans £350m Equity Raise to Fund $1.05bn US Buy
IT distributor raises via institutional placing and retail offer to finance General Datatech acquisition, targeting leverage below 1.0x by mid-2028.
Hugo Boss Chairman Sturm Resigns After Frasers Takeover Battle
Stephan Sturm steps down as Hugo Boss supervisory board chairman Oct. 15 following a tense proxy fight with major shareholder Frasers Group, which held nearly 48% of the company.
Softcat raises £250m via UK retail share offer to fund US IT deal
Softcat plc’s £785m-plus acquisition of U.S. IT provider General Datatech will rely on £250m from a no-commission retail share offering, with institutional backing required for completion.
Oxford Nanopore Secures Preliminary Injunction Against MGI Tech in Patent Dispute
A Munich court granted Oxford Nanopore Technologies an immediate injunction blocking MGI Tech from selling or supplying key sequencing systems in key markets, pending a permanent ruling.
UBS Sees Compromise on Capital Rules as Key to Staying in Switzerland
Colm Kelleher, UBS’s president, expressed cautious optimism over a proposed relaxation of capital requirements, framing it as essential for the bank’s continued presence in Switzerland.
AtlasClear Expands Correspondent Clearing Network with Sixth Agreement
AtlasClear Holdings, Inc. announced its sixth correspondent broker-dealer agreement, marking continued growth in its clearing infrastructure.
Mint subsidiary outlines robotics cooperation with Vengine
Hong Kong-based AI and robotics firm Mint’s subsidiary enters a non-binding framework agreement with Vengine to explore product development, manufacturing, and distribution opportunities.
Adagene and Third Arc Bio Expand Partnership with First Lead Selection
Adagene Inc. and Third Arc Bio have expanded their strategic licensing agreement, with Third Arc Bio selecting its first lead candidate under the partnership. The collaboration focuses on cancer immunotherapy using Adagene's NEObody and SAFEbody technology platforms.
Nasdaq’s $100M Investment Values Payward at $21B as Tokenization Push Accelerates
Nasdaq’s venture arm has invested $100 million in Payward, the parent company of cryptocurrency exchange Kraken, as part of a broader push into tokenized securities, valuing the firm at $21 billion.
Lazard Appoints Daniel Burton-Morgan as Head of North America ECM Advisory
Lazard expands its equity capital markets advisory reach with a new role in North America, led by Daniel Burton-Morgan, a former Bank of America executive with over two decades of experience in IPOs and block trades.
Dormakaba Acquires British Digital Hotel Key Provider Alliants
Swiss lock-tech firm boosts its hotel access-software position with takeover of UK-based Alliants, whose wallet-integrated key technology was named a top 2025 invention by Time.
NASCAR Truck Series to Launch 'FedEx Freight Truck Series' in 2027
FedEx Freight secures its first major brand sponsorship with a $100M-plus annual deal to rename NASCAR’s Truck Series, expanding its U.S., Canada and Mexico footprint.
Eleco’s Shareholder Support Rises to 49.2% in Accel-KKR Deal
Tikvah Management’s commitment boosts support to 41.5 million shares, or ~49.2% of Eleco’s issued capital, as the AIM-listed firm seeks court-sanctioned acquisition via scheme of arrangement.
Swarmer to Acquire Ratel Robotics for Up to $224m
Swarmer, Inc. (NASDAQ: SWMR) has agreed to acquire Ratel Robotics, a Ukrainian manufacturer of unmanned ground vehicles, for up to $224 million in cash and stock. The deal includes Ratel's contracts totaling $86 million and accounts for 37% of Ukraine's unmanned ground vehicle procurement spending.
J.P. Morgan Expands Swiss Mid-Market Focus Amid Credit Suisse Gap
US bank targets growth in mid-cap Swiss corporate banking, private banking and asset management, despite slower M&A activity.
Novartis Agrees to Acquire Full Rights to Sironax Brain Delivery Platform
The Swiss pharmaceutical company will acquire full rights to Sironax's proprietary brain delivery platform in an M&A deal.
Ares Management Explores Minority Stake in CIP's €43 Billion Infrastructure Platform
Ares Management is considering a minority investment in Copenhagen Infrastructure Partners, the fund manager behind $49.4 billion in global renewable and infrastructure assets.
EnQuest eyes BP's North Sea assets in potential acquisition
U.K. producer EnQuest confirms interest in buying BP's North Sea oil and gas business as BP moves to sell the division after six decades of operation.
Silver Lake to merge Cegid and Silae in €10bn AI-focused deal
Silver Lake will combine French software firms Cegid and Silae in a transaction valued at over €10 billion, creating a pan‑European platform with a 1,400‑person development team to invest in AI.
