Keywords: Mergers and Acquisitions


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......

Ferguson to acquire FloWorks in $1.6 billion deal to expand industrial products business

Ferguson Enterprises has agreed to acquire industrial distributor FloWorks from private equity firm Wynnchurch Capital in a transaction valued at approximately $1.6 billion, reinforcing its strategy to expand beyond traditional construction markets and deepen its presence in industrial distribution. The......

Qiagen attracts early takeover interest from EQT, advent and KKR, report says

German diagnostics and life sciences company Qiagen has reportedly attracted preliminary takeover interest from several major private equity firms, according to a report published by Bloomberg News on Thursday. Citing people familiar with the matter, Bloomberg said that investment groups EQT, Advent......

FTSE indexes slip as miners weigh on London market despite M&A-driven gains

Britain’s main equity benchmarks edged lower on Monday, as weakness in mining stocks offset gains in travel and media companies, while investors digested a wave of merger and acquisition activity across listed firms. The FTSE 100 slipped by around 0.1% to 10,663.68 points, while the mid-cap FTSE......

Artificial intelligence boom drives U.S. energy deals to record highs

The rapid expansion of artificial intelligence is reshaping the U.S. energy sector, driving merger and acquisition activity to record levels as companies race to meet the soaring electricity demand generated by AI-powered data centers. According to industry research, the value of mergers and acquisitions......

Monte Dei Paschi CEO says banking consolidation is healthy if competition is preserved

The chief executive of Banca Monte dei Paschi di Siena has said that consolidation in the banking sector can be beneficial, provided it does not undermine competition or reduce access to financial services for different categories of clients. Speaking at a financial industry conference in Milan, CEO......

Baker Hughes offers concessions to EU regulators over Chart Industries takeover

U.S.-based energy services company Baker Hughes has submitted proposed remedies to European Union regulators in an effort to secure approval for its planned $13.6 billion acquisition of Chart Industries, according to a filing from the European Commission. The case is currently under review by the European......