Tag
Mergers and Acquisitions
18 articles
Energy Transfer Buys Vaquero Midstream for $2.63B to Lock in Permian Fee Revenue
The acquisition adds 300 miles of West Texas pipelines and 675 million cubic feet per day of processing capacity backed by 10-year contracts, offsetting dilution from 33.3 million new shares.

Cenovus to Buy Athabasca Oil for C$5.7B, Betting on Oil Sands Scale
Cenovus Energy agreed to acquire Athabasca Oil for C$12 per share, adding 45,000 barrels of daily production and targeting 115,000 BPD by 2032.

M&A Value Falls 10% in Q3 as Rate Expectations Fail to Materialize
A 10 percent year-on-year decline in announced deal value signals structural headwinds that persist despite dealmakers' optimism for a record year.

Gold Fields Explores Higher Cash Offer for Northern Star After Rejection
The South African miner is considering a sweetened bid following Northern Star's rejection of its A$38.7 billion proposal as undervaluing the Australian gold producer.
Paramount Secures $44 Billion Debt With 9 Percent Yields During Regulatory Delay
The media company secured demand for its financing package, offering up to 9 percent yields, as a U.S. District Judge delayed final merger approval.

Warburg Pincus Raises Ingenia Bid to $5.25 a Share, but Peet Deal Is a Sticking Point
The private equity firm's $2.14 billion offer for the Australian residential landlord carries a condition: Ingenia must abandon its proposed acquisition of Peet Limited.
BASF Weighs Evonik Deal While Prioritizing 2027 IPO
The German chemical giant explored a transaction with Evonik this year, but near-term consolidation is unlikely as BASF prepares its agricultural unit for a mid-2027 public offering.
Aon's $17.5B USI Debt Draws $65B Demand — 5x Oversubscription Masks Near-Term EPS Risk
Investor demand for Aon's bond offering signals confidence in the acquisition despite full debt financing and projected 2027 earnings pressure.

Salesforce's $4B AI ARR Bet: Can Agent Monetization Justify the Valuation?
Salesforce beat earnings and raised guidance on $4 billion in AI annual recurring revenue, but the real question is whether its agent-as-platform strategy can defend against margin compression.

Munich Re Buys At-Bay for $575M: A 57% Haircut Shows Insurtech's Reality Check
German insurer's acquisition of the cyber coverage platform at less than half its 2021 valuation reflects a brutal repricing across venture-backed insurtechs.

Metaplanet Acquires Super League Enterprise for $134.6M Bitcoin Treasury Play
Japanese firm deploys 2,100 bitcoin to establish U.S. Nasdaq-listed vehicle for corporate treasury strategy, acquiring 96 percent stake in gaming company rebranded as Superplanet.
Workday Shares Jump 19.9 Percent on Silver Lake Acquisition Talks
The HR software maker posted its best single-day gain since 2016 as private equity firm Silver Lake weighs a buyout.
GameStop's $56 Billion eBay Bid Stalls as Cohen Weighs Partnership, Board Seat
Ryan Cohen is reportedly considering withdrawing his $56 billion offer for eBay, pivoting to a joint venture or board representation instead.
GameStop Weighs Pulling eBay Bid, Proposes Collectibles Partnership Instead
GameStop is considering withdrawing its $56 billion takeover offer for eBay and proposing a strategic partnership focused on trading cards and collectibles.
Airtable Sells for $1.28B—88% Below Peak: What Went Wrong
Bending Spoons buys Airtable at a fraction of its $11 billion peak, exposing the economics of SaaS businesses built on cheap capital and growth-at-all-costs models.

Prysmian Buys Atkore for $3.8 Billion to Push Into U.S. Data Center Infrastructure
The all-cash deal at $95 per share gives the Italian cable maker a direct path into North American electrical conduit and cable management markets.

AstraZeneca Explored Acquisition of Bristol Myers Squibb in $400 Billion Deal
A combination would create one of the world's largest drugmakers and expand AstraZeneca's footprint in the United States.
PayPal Rejects $53B Takeover Bid at $60.50 a Share, Q2 Beat Backs Higher Ask
PayPal's board rejected Stripe and Advent International's $60.50-per-share offer as inadequate, gaining leverage after a strong second-quarter earnings beat.