mergers-and-acquisitions News
Occidental Finalizes $9.7B Chemical Unit Sale to Berkshire Hathaway
Energy giant to use $6.5 billion of proceeds for accelerated debt reduction, pushing total principal below its $15 billion target.
GigaCloud Completes $18M Acquisition of New Classic Home Furnishings
The deal adds over 1,000 retail partners and 2,000 products to GigaCloud's B2B marketplace, bolstering its presence in the large-good logistics sector.
Man Group Discloses Complex AXL Position Amid Dowlais Merger
The firm's filing, required by UK takeover rules due to its acquisition of a Dowlais unit, reveals a mix of share ownership and significant short derivative bets.
Commerce Bancshares Finalizes $585M Deal for FineMark Holdings
The acquisition significantly expands the Missouri-based bank's wealth management arm into the high-growth Sunbelt markets of Florida and Arizona.
Owens & Minor Rises on $375M Sale, Rebrands to Accendra Health
The healthcare firm is pivoting to become a pure-play home care provider, but faces cautious analyst sentiment after an initial stock surge.
Meta Buys AI Startup Manus for Over $2B in Major AI Push
Deal for Singapore-based Manus, with its $100M+ in recurring revenue, accelerates Meta's race against Google and OpenAI in autonomous AI assistants.
Credicorp to Acquire Helm Bank USA for $180M in US Push
Peru's largest financial group aims to capture growing cross-border banking needs of its Latin American clientele through the strategic acquisition.
DigitalBridge Surges on $4 Billion Takeover by SoftBank
SoftBank's all-cash deal at $16 per share is a major bet on the AI infrastructure boom, valuing the data center specialist at a 15% premium.