M&A
Sintana Energy Secures 5% Stake in Angola’s Kwanza Basin Block KON-16
Deal valued at $2.5 million includes net profit interest terms and targets pre-salt exploration by 2027, pending regulatory approvals.
System1 board rejects Brave Bison takeover bid citing unattractive valuation
System1 unanimously recommended shareholders reject Brave Bison's offer, which valued the target at an 8.1% discount to its closing price, after a months-long bid process.
South32 Schedules October Vote on Alcoa Aluminium Asset Sale
South32 set an Oct. 15 annual meeting for shareholders to approve the divestiture of its aluminium value chain — excluding Mozal — to Alcoa.
Accel-KKR to buy construction software firm Eleco for £207.6m
Private equity firm Acquel-KKR will acquire London-based Eleco for 235p per share, a 75% premium to Tuesday's close, in a cash deal worth roughly £208 million.
UBS Shuts Down Chinese Fonds Platform Amid Heavy Competition
The Swiss lender withdraws its digital fund distribution platform in China, citing intense rivalry from domestic players and regulatory hurdles.
Wisekey Shareholders Approve Relocation to British Virgin Islands
Wisekey holders voted to merge with Wisekey BVI and move the group's holding-company seat from Switzerland to the BVI, following approval of the June 2026 fusion contract.
WISeKey Shareholders Approve Redomiciliation to British Virgin Islands
Shareholders at an extraordinary meeting backed a merger that will move the cyber-security company's legal domicile from Switzerland to the BVI, with the SEC declaring its Form F-4 effective July 31.
TMX Group Sees Path to $2B Revenue Target Ahead of Schedule
Canadian exchange operator TMX Group says organic revenue could reach its CAD 2 billion TM2X target by 2027, two years early, as it advances acquisitions in Australia, Canada and the U.S.
MISTRAS Group to be sold to H.I.G. Capital for $866 million
MISTRAS Group agreed to an all‑cash acquisition by H.I.G. Capital at $20.35 per share, valuing the company at $866 million, with closing expected late 2026.
UBS faces delay in capital rules vote as Ständerat postpones debate
Swiss parliament’s lower house delays key decision on stricter UBS capital requirements amid competing proposals and political pressure.
BioStem Technologies secures $40M equity facility from Roth Principal Investments
Pompano Beach-based regenerative medicine company raises up to $40 million in a committed equity facility with Roth Principal Investments for working capital.
Paramount in Advanced Talks to Settle Antitrust Suit Over Warner Bros. Discovery Deal
The studio is negotiating with California officials to resolve a lawsuit that seeks to block its $81 billion acquisition of Warner Bros. Discovery, proposing to keep movie studios separate for a time and warning of a possible move to Tennessee if no deal is reached.
Brookfield Announces $2.8B Acquisition of Reliance Worldwide
Brookfield Asset Management will buy Reliance Worldwide Corporation for $2.8 billion in cash, valuing the ASX-listed manufacturer of plumbing and heating products at $3.38 per share.
UBS Stock Slides as Capital Regulatory Debate Looms
Swiss bank shares remain under pressure amid weaker U.S. bond trading and a potential shift in Swiss capital rules.
Aon Stock Drops to 52-Week Low at $304.55 amid Earnings Concerns
Aon PLC’s share price fell to its lowest point in five years as analysts adjust targets amid a proposed $17 billion acquisition and earnings revisions.
Paraguay denies Atome lawsuit but opens dialogue on dispute
Paraguay’s Attorney General’s Office rejected a dispute notification from Atome PLC, clarifying no legal action has been filed but signaling openness to dialogue within a three-month window.
Pearson Integrates ITS Assessment Tech into Professional Qualifications Arm
Pearson Education announced a strategic acquisition of Baltimore-based ITS, expanding its professional assessment capabilities with remote testing and lifecycle technology.
Taboola offers to acquire digital ad firm Dianomi
Taboola said it will buy Israeli ad‑tech company Dianomi, pending regulator sign‑off and shareholder approval, with closing expected before year‑end 2026.
AXG and Digital Realty Partner on Infrastructure Services
AXG and Digital Realty have announced a partnership to offer hosted private infrastructure as a service, combining Digital Realty's data center platform with AXG's infrastructure-as-a-service model.
Clean Harbors Launches $600 Million Senior Notes for EnviroServe Acquisition
Norwell, Mass.-based environmental services provider offers $600M of senior notes maturing in 2034 to fund acquisitions and repay credit facility borrowings.
Aberdeen's UK Smaller Companies Trust to Merge With JPMorgan's JUGI
A Aberdeen UK Smaller Companies Growth Trust will combine with JPMorgan UK Small Cap Growth & Income in a reconstruction scheme, pending shareholder and regulatory approvals by year-end 2026.
Corebridge Financial to Merge with Equitable: $15B Deal Targets $30B+ Post-Close
Corebridge Financial Inc. announced plans to merge with Equitable Financial Services in late March 2026, aiming to create a $30 billion-plus entity with over 10 million clients and a 15% return on equity.
Fortitude Names Former Hut 8 CEO as Chief Executive Ahead of Nasdaq Listing
The DCG-owned Zcash miner appoints Jaime Leverton as CEO as it prepares for a public listing through its merger with HeartSciences.
Nvidia Acquires Hugging Face for $12.9 Billion
The chipmaker paid roughly $12.9 billion for the AI model‑hosting platform, aiming to steer developers toward its hardware ecosystem.
