Keywords: Mergers and Acquisitions


Global M&A boom loses momentum after record first-half rebound

The strong recovery in global mergers and acquisitions is beginning to lose momentum after a robust first half of the year, with deal activity falling sharply in the third quarter amid high borrowing costs and persistent uncertainty over the global economy. Data from LSEG show that the total value of......

Morgan Stanley strengthens industrials banking team with senior Bank of America hire

Morgan Stanley is expanding its investment banking capabilities in the industrial sector by recruiting veteran banker Adam Kweskin from Bank of America, reinforcing its advisory platform in a market where infrastructure and industrial investment remain strategic priorities. The appointment reflects......

Apollo becomes sole bidder for EasyJet after Castlelake withdraws takeover offer

Apollo has emerged as the only remaining bidder for EasyJet after U.S. investment firm Castlelake formally abandoned its pursuit of the British low-cost airline, clearing the way for Apollo to move ahead with its proposed acquisition. The development marks a decisive step in the takeover process, following......

Italy’s CDP targets further defence acquisitions after T-Defence investment

Italy’s state-backed investment group Cassa Depositi e Prestiti (CDP) is preparing further expansion in the defence sector after securing a majority stake in technology and security company T-Defence, according to sources familiar with the strategy. The move reflects Rome’s broader effort......

Penske Corp and Mitsui launch $3.8 billion bid to take Penske Automotive Group private

Penske Corp and Japanese trading group Mitsui & Co. have unveiled a joint proposal to acquire all outstanding shares of Penske Automotive Group, seeking to return one of the world's largest automotive dealership operators to private ownership in a transaction valued at approximately $3.8 billion. The......

Prologis makes $18.8 billion takeover bid for UK logistics group Segro

U.S. logistics real estate giant Prologis has submitted a takeover proposal worth approximately £14 billion ($18.8 billion) for British warehouse operator Segro, in a move that could reshape the global industrial property sector. The offer was presented shortly before a deadline linked to takeover......

TKMS withdraws from German Naval Yards takeover race as defence consolidation accelerates

German naval shipbuilder Thyssenkrupp Marine Systems (TKMS) has ended its interest in acquiring smaller rival German Naval Yards Kiel (GNYK), leaving defence company Rheinmetall as the only remaining bidder currently seeking to purchase the shipyard. The decision comes as European defence companies......

Segro rejects improved £13.5 billion takeover bid from Prologis

Segro has turned down an enhanced takeover proposal from U.S.-based logistics real estate leader Prologis, reaffirming its position that the offer undervalues one of the United Kingdom’s largest warehouse property owners. The latest proposal, disclosed by Prologis on Monday, placed an equity value......

Uber agrees €12.7 billion acquisition of Delivery Hero to strengthen global delivery business

Uber has reached an agreement to acquire German food delivery company Delivery Hero in a deal valued at approximately €12.7 billion, marking one of the largest transactions in the global on-demand delivery industry. The acquisition is expected to expand Uber's international presence in food......