mergers-and-acquisitions News
Steel Dynamics Bids for BlueScope's U.S. Assets in $8.8B Deal
The acquisition, part of a consortium offer for Australia's BlueScope, would hand STLD control of the highly-prized North Star mini-mill in Ohio.
Vistra Expands Gas Fleet with $4B Cogentrix Acquisition
Deal for 5,500 MW portfolio financed via cash, stock, and assumed debt, targeting enhanced grid reliability and shareholder returns.
L3Harris Rises on $845M Deal for Space Propulsion Unit
Shares hit a 52-week high as the defense contractor sells a majority stake to AE Industrial Partners, advancing its portfolio-shaping strategy.
Mid Penn Bancorp Solidifies Florida Entry, Acquires $3.2B RIA
The Pennsylvania-based bank completes its acquisition of Cumberland Advisors, significantly expanding its wealth management arm and signaling an aggressive growth strategy.
Jabil Acquires Hanley Energy for $725M to Power AI Ambitions
The strategic acquisition bolsters Jabil's capabilities in the high-growth data center power and cooling market, critical for AI infrastructure.
Phillips 66 to Acquire UK Refinery Assets, Bolstering Humber Hub
Deal for former Lindsey Oil Refinery assets aims to enhance UK energy security and integrate renewable and traditional fuel operations.
L3Harris Shares Jump on $845M Space Unit Divestiture Deal
Defense giant to sell a majority stake in its space and propulsion business to AE Industrial Partners, sharpening its focus on core national security contracts.
Legence Stock Climbs After Closing $475M Bowers Acquisition
The strategic deal adds ~$767M in revenue and deepens the company's reach into the lucrative data center and life sciences construction markets.