SpaceX's soaring valuation boosts merger odds with Tesla
business Jun 20, 2026, 2:00 AM
SpaceX's soaring valuation boosts merger odds with Tesla
  • SpaceX's shares rose 37%, increasing its valuation to $2.44 trillion.
  • A merger with Tesla could create a combined market cap of $4 trillion, despite negative profits.
  • The merger presents risks for SpaceX shareholders while potentially benefiting Tesla.
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Accenture acquires three companies to enhance operational technology security
business Jun 19, 2026, 10:51 AM
Accenture acquires three companies to enhance operational technology security
  • Accenture plans to acquire Dragos, RunZero, and NetRise for approximately $4.17 billion.
  • The acquisition aims to enhance cybersecurity for critical infrastructure and industrial operations.
  • This strategic move is expected to strengthen Accenture's position in the cybersecurity market.
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SpaceX acquires AI coding start-up Cursor for $60 billion
business Jun 16, 2026, 2:00 AM
SpaceX acquires AI coding start-up Cursor for $60 billion
  • SpaceX has agreed to acquire Cursor for $60 billion shortly after its IPO.
  • Cursor specializes in AI technology that automates coding processes and is used by major companies.
  • The acquisition aims to enhance SpaceX's AI capabilities and strengthen its position in the tech industry.
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Salesforce acquires Fin for $3.6 billion to enhance AI capabilities
business Jun 15, 2026, 4:06 PM
Salesforce acquires Fin for $3.6 billion to enhance AI capabilities
  • Fin raised $250 million in debt in March 2026 to fund AI agents and expand its workforce.
  • Salesforce is acquiring Fin for approximately $3.6 billion to enhance its enterprise AI capabilities.
  • The acquisition is expected to improve customer service standards and reduce operational costs.
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Fox Corporation acquires Roku for $22 billion
business Jun 15, 2026, 2:00 AM
Fox Corporation acquires Roku for $22 billion
  • Fox Corporation is acquiring Roku for $22 billion, enhancing its access to over 100 million households.
  • The deal combines Fox's live news and sports content with Roku's streaming platform.
  • This acquisition positions the combined company as the third-largest player in U.S. television by viewing share.
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TDK invests $400 million to enhance data center technology
business Jun 11, 2026, 4:44 PM
TDK invests $400 million to enhance data center technology
  • TDK Corporation is acquiring Fabric8Labs, a U.S. startup, for up to $400 million.
  • Fabric8Labs has developed 3D-printing technology that improves cooling systems for data centers.
  • This acquisition is part of TDK's strategy to enhance its data center initiatives and drive growth.
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Justice Department greenlights Paramount-Warner merger amid scrutiny
business Jun 11, 2026, 4:32 PM
Justice Department greenlights Paramount-Warner merger amid scrutiny
  • The Justice Department has approved the acquisition of Warner Bros. Discovery by Paramount Skydance after an antitrust investigation.
  • California's Attorney General is investigating the merger, indicating it is not yet finalized.
  • The merger has faced significant opposition from Hollywood professionals and lawmakers concerned about media consolidation.
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Frasers Group bids 1.98 billion euros for full control of Hugo Boss
business Jun 10, 2026, 7:14 PM
Frasers Group bids 1.98 billion euros for full control of Hugo Boss
  • Frasers Group has made a takeover offer for Hugo Boss, proposing to pay 1.98 billion euros for the remaining shares.
  • The offer price of 38 euros per share exceeds the current trading price of 36.44 euros.
  • If approved, the acquisition aims to enhance Frasers' investment in Hugo Boss and create shareholder value.
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Warner Music Group acquires Sureel AI to combat unauthorized AI usage
business Jun 10, 2026, 5:21 PM
Warner Music Group acquires Sureel AI to combat unauthorized AI usage
  • Warner Music Group has acquired Sureel AI, a startup focused on content attribution.
  • Sureel AI uses 'AI DNA' technology to track how artists' content is used.
  • The acquisition aims to protect artists' rights in the evolving landscape of generative AI.
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Salesforce acquires Contentful for up to $1.5 billion
business Jun 2, 2026, 1:31 PM
Salesforce acquires Contentful for up to $1.5 billion
  • Salesforce is acquiring Contentful, a Berlin-founded digital experience platform, for between $1 billion and $1.5 billion.
  • The acquisition aims to enhance Salesforce's offerings with a content layer that connects customer data with engaging content experiences.
  • This move is part of Salesforce's broader strategy to invest in AI and expand its presence in Europe.
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Fonoa secures $110 million and acquires PwC's tax platform
business Jun 2, 2026, 9:20 AM
Fonoa secures $110 million and acquires PwC's tax platform
  • Fonoa raised $110 million in a Series C funding round led by Headline.
  • The company acquired PwC's Indirect Tax Edge platform to enhance its tax compliance offerings.
  • This move positions Fonoa to lead in automating tax processes for enterprises.
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EasyJet calls Castlelake's takeover bid highly opportunistic
business Jun 1, 2026, 11:47 AM
EasyJet calls Castlelake's takeover bid highly opportunistic
  • EasyJet has labeled a potential takeover bid from Castlelake as highly opportunistic.
  • The airline's share price has been depressed due to concerns over the Middle East conflict.
  • EasyJet remains committed to maximizing shareholder value while considering any formal proposals.
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SpaceX-Tesla merger would create a $3.4 trillion giant
business Jun 1, 2026, 2:00 AM
SpaceX-Tesla merger would create a $3.4 trillion giant
  • The merger between SpaceX and Tesla could create the largest company in history with a valuation of $3.4 trillion.
  • To complete the merger, SpaceX would need to issue new shares, significantly increasing its total shares outstanding.
  • Despite the high valuation, analysts predict that the merger would not be profitable for either company.
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Universal Music Group dismisses Ackman's massive takeover offer
business May 29, 2026, 9:29 PM
Universal Music Group dismisses Ackman's massive takeover offer
  • Universal Music Group rejected a $64.3 billion takeover offer from Bill Ackman's Pershing Square.
  • The board stated the bid fundamentally undervalued the company and was not in the best interests of stakeholders.
  • Universal aims to enhance financial disclosures to provide clearer insights into its value and maintains confidence in its strategy.
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Fertitta pays $5.7 billion to acquire Caesars Entertainment
business May 28, 2026, 4:47 PM
Fertitta pays $5.7 billion to acquire Caesars Entertainment
  • Tilman Fertitta is acquiring Caesars Entertainment for nearly $6 billion, amidst a challenging environment for the casino industry.
  • Caesars shareholders will receive $31 per share, marking a significant premium and triggering a rise in the company’s stock price.
  • This merger, if completed, will establish one of the largest casino and entertainment conglomerates in the U.S., potentially reshaping the industry landscape.
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Michael Preysman plans a new venture after Everlane's shocking acquisition
business May 28, 2026, 2:00 AM
Michael Preysman plans a new venture after Everlane's shocking acquisition
  • Michael Preysman was shocked by the acquisition of Everlane by Shein.
  • He stepped down from Everlane in 2021 due to disagreements with management.
  • Preysman is launching a new apparel brand grounded in principles he values, separate from traditional investment influences.
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Prosus fights EU order to sell Delivery Hero stake as Uber eyes acquisition
business May 25, 2026, 4:32 PM
Prosus fights EU order to sell Delivery Hero stake as Uber eyes acquisition
  • The EU required Prosus to sell its Delivery Hero stake to approve the acquisition of Just Eat Takeaway.
  • Prosus currently holds about 17% of Delivery Hero and aims to reduce its stake to a single-digit percentage.
  • The competition implications of this divestment could affect consumer pricing and options in the food delivery market.
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Analog Devices acquires Empower Semiconductor to advance AI power delivery
business May 20, 2026, 11:51 AM
Analog Devices acquires Empower Semiconductor to advance AI power delivery
  • Analog Devices is acquiring Empower Semiconductor for $1.5 billion to enhance its power delivery capabilities for AI applications.
  • The acquisition aims to address the critical power density challenges limiting the scalability of AI computing.
  • The deal is expected to further Analog Devices' position as a key player in power management and expand its market reach.
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GameStop offers eBay $56 billion for takeover deal
business May 9, 2026, 2:00 AM
GameStop offers eBay $56 billion for takeover deal
  • GameStop proposed a $56 billion takeover of eBay to strengthen its market position against competitors.
  • eBay's board rejected the proposal, believing the company was on a stable growth path.
  • The interaction highlights concerns regarding the financial viability of large-scale acquisitions.
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Cohere acquires Aleph Alpha to challenge US tech dominance
business Apr 24, 2026, 2:00 AM
Cohere acquires Aleph Alpha to challenge US tech dominance
  • Cohere has agreed to acquire Germany's Aleph Alpha, forming a transatlantic AI alliance.
  • The deal is supported by a €500 million commitment from Schwarz Group for funding.
  • This partnership aims to create a viable alternative to the dominance of US and Chinese tech giants.
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American Airlines rejects United merger as anti-competitive
business Apr 24, 2026, 2:00 AM
American Airlines rejects United merger as anti-competitive
  • American Airlines CEO Robert Isom called the proposed United Airlines merger a 'non-starter' during a CNBC interview.
  • The merger proposal raised antitrust concerns, with strong opposition from politicians and market analysts highlighting the potential negative impact on competition.
  • American Airlines issued a statement confirming its disinterest in pursuing a merger, emphasizing its commitment to consumer protection and competition.
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Lyft acquires Gett UK to dominate London's black cab market
business Apr 24, 2026, 2:00 AM
Lyft acquires Gett UK to dominate London's black cab market
  • Lyft has confirmed its acquisition of Gett UK's business, allowing it to become the leading app for London's black cabs.
  • This acquisition follows Lyft's earlier international purchases, indicating a pattern of expansion into European markets.
  • Bird emphasized that the acquisition is intended as a partnership to support existing cab drivers and enhance Lyft's operational footprint.
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Legora acquires Qura to revolutionize legal research
business Apr 23, 2026, 1:09 PM
Legora acquires Qura to revolutionize legal research
  • Legora acquired Qura, a Stockholm-based AI legal research start-up, to enhance its collaborative AI platform.
  • The acquisition follows Legora's $550 million Series D funding, valuing the company at $5.55 billion.
  • This move signifies a transformative step in integrating AI capabilities into legal research, suggesting future advancements in the field.
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Federal judge halts $6.2 billion Nexstar-Tegna merger amid antitrust concerns
business Apr 18, 2026, 5:35 PM
Federal judge halts $6.2 billion Nexstar-Tegna merger amid antitrust concerns
  • A federal judge has issued a preliminary injunction to block the merger between Nexstar Media Group and Tegna.
  • The ruling comes amid claims that the merger would lead to increased consumer prices and reduced local journalism options.
  • The decision is viewed as a critical moment in maintaining fair competition in the local television market.
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Billionaire Vincent Bolloré influences Bill Ackman's $64 billion UMG deal
business Apr 17, 2026, 2:00 AM
Billionaire Vincent Bolloré influences Bill Ackman's $64 billion UMG deal
  • Bill Ackman has positioned a $64 billion bid for Universal Music Group, aiming to boost its U.S. visibility.
  • Vincent Bolloré's control and intentions for UMG have been a key uncertainty influencing market reaction.
  • The complexities of the deal suggest a cautious outlook as stakeholders await Bolloré's strategic decisions.
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Sunway's takeover bid for IJM fails amid political and valuation disputes
business Apr 9, 2026, 2:00 AM
Sunway's takeover bid for IJM fails amid political and valuation disputes
  • Sunway launched a $2.77 billion bid to acquire IJM in January 2024 but failed to secure enough shares.
  • The merger faced valuation disputes and political opposition, particularly regarding the rights of Bumiputeras.
  • Sunway has decided to focus on other strategic investments after the failed bid.
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Paladin Envirotech acquires ICT to boost recycling efforts in Europe
business Apr 8, 2026, 9:07 AM
Paladin Envirotech acquires ICT to boost recycling efforts in Europe
  • Paladin Envirotech has acquired ICT, a reputable IT asset disposal provider based in Co Meath, Ireland.
  • ICT has processed significant amounts of end-of-life electronics and data-bearing devices over the past year.
  • The acquisition aims to enhance Paladin's capabilities in critical mineral recovery and improve recycling infrastructure in Europe.
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Legrand acquires TES Group, marking significant data centre investment
business Apr 8, 2026, 7:09 AM
Legrand acquires TES Group, marking significant data centre investment
  • Legrand acquired TES Group for over £100m, enhancing its portfolio in data centre equipment.
  • TES Group's growth reflects a surge in demand for critical power systems due to the AI boom.
  • These acquisitions highlight Ireland's emerging status as a hub for data centre expertise and innovation.
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Bed Bath & Beyond acquires Container Store amid retail challenges
business Apr 8, 2026, 2:00 AM
Bed Bath & Beyond acquires Container Store amid retail challenges
  • Bed Bath & Beyond acquired the Container Store for $150 million, aiming to enhance their home goods offerings.
  • The merger is part of CEO Marcus Lemonis's vision to create an interconnected ecosystem to simplify home ownership.
  • Analysts express skepticism about the acquisition's potential success given both companies' struggles in the retail market.
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OpenAI acquires tech show TBPN in controversial move
business Apr 4, 2026, 2:00 AM
OpenAI acquires tech show TBPN in controversial move
  • OpenAI has acquired Technology Business Programming Network (TBPN), creating buzz in the industry.
  • The acquisition is seen as a way for OpenAI to improve its public image amid skepticism about AI in the U.S.
  • TBPN could bolster OpenAI's communications efforts and enhance audience trust in AI-generated media.
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McCormick acquires Unilever's food division for $29.1 billion
business Mar 31, 2026, 2:00 AM
McCormick acquires Unilever's food division for $29.1 billion
  • In March 2026, McCormick confirmed its acquisition of Unilever's food division, valued at $29.1 billion.
  • Unilever shareholders will own 65% of the new combined company, while McCormick shareholders will retain 35%.
  • This transition aligns with Unilever's strategy to focus on beauty and personal care products, demonstrating a shift in their corporate structure.
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Judge halts $6.2 billion merger between Nexstar and Tegna
business Mar 28, 2026, 8:26 PM
Judge halts $6.2 billion merger between Nexstar and Tegna
  • A federal judge imposed a hold on the merger to review its implications.
  • DirecTV and state attorneys general raised concerns about antitrust violations.
  • The halt of the merger underscores ongoing tensions between large media operations and local news sustainability.
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