CMA CGM has agreed to buy FedEx’s third-party logistics business for an enterprise value of $1.4 billion as the French shipping group seeks to expand its presence in the logistics sector and in the United States...
International News
Kroger to buy grocer Giant Eagle in $1.65 billion deal as competition heats up
U.S. grocer Kroger has reached a $1.65 billion deal to buy regional supermarket chain Giant Eagle, it said on Wednesday, strengthening its presence in the Midwest and the Mid-Atlantic region. Its first transaction under...
ING close to buying 40% stake in Spain’s Singular, source says
ING Spain is close to finalising the purchase of a 40% stake in Singular Bank as part of its plans to enter the Spanish private banking sector, a person with knowledge of the matter said on Wednesday. The deal, first...
Mega-deals fuel record M&A as boards dream big on takeovers
A surge in $10-billion-plus “mega-deals” drove global M&A to record levels in the first half of 2026, LSEG data shows, as some companies took advantage of an easier regulatory backdrop to pursue what...
OpenAI proposes handing Trump administration 5% stake, FT reports
OpenAI has discussed giving the U.S. government a 5% stake, the Financial Times reported on Thursday, as AI firms face growing scrutiny in Washington over the potential misuse of advanced models and whether Americans...
Rocket Lab buys Iridium in $8 billion deal, to expand beyond launches
Rocket Lab struck an $8 billion deal to acquire satellite communications provider Iridium Communications on Monday, betting that owning everything from rockets to satellite networks will define the next generation of...
Schneider Electric signs deal to buy AI software player Cognite for $3.1 billion
Schneider Electric said on Tuesday it had signed an agreement to acquire Cognite Holding, a provider of AI software and industrial data. The French multinational said in a press release it would pay $3.1...
UK may intervene in $110 billion Paramount-Warner Bros Discovery deal
Britain said on Tuesday it could intervene in Paramount Skydance Corp’s proposed takeover of Warner Bros Discovery, potentially holding up the $110 billion deal after the U.S. and China gave it the green light...
South32 to sell bulk of aluminium portfolio to Alcoa for up to $5.6 billion
Australia’s South32 said on Wednesday it has agreed to sell most of its aluminium assets to Alcoa for an implied enterprise value of up to $5.6 billion, as the diversified miner streamlines its business to focus...
Activist Jana Partners has new stake in Everpure, sources
Activist investor Jana Partners has built a new position in technology company Everpure and is expected to soon announce the holding in a regulatory filing, according to two sources and documents reviewed by Reuters...
Digital Realty to pay Blackstone $3.5 billion for stake in Virginia data centers
Digital Realty will acquire a larger stake in three data centers in Northern Virginia from asset manager Blackstone in a $3.5 billion cash-and-stock deal, the companies said on Monday. Under the deal, which is...
Coles in talks with TPG to buy Greencross Pet Wellness; shares slide
Australian grocer Coles Group said on Wednesday it is in discussions with U.S.-based private equity firm TPG for a potential acquisition of Greencross Pet Wellness Company, sending its shares to a two-week low. TPG...
