Section
Deals
LVMH sells Marc Jacobs for $850 million as WHP, G-III form JV
LVMH's $850 million Marc Jacobs sale to WHP Global and G-III points to portfolio simplification and tighter deal structures in a slower luxury market.
Gamma confirms Oakley, Giacom takeover talks as shares rise 8.8%
Gamma Communications confirmed takeover talks with Oakley Capital and Giacom, putting a UK telecom-services group into a live £1.3 billion breakup story.
Altice extends SFR talks as buyers push breakup deadline to June 5
Altice France extended exclusive talks on an SFR breakup to June 5, keeping a €20.35 billion telecom carve-up alive as buyers juggle structure and antitrust risk.
SpaceX (SPCX) approves 5-for-1 split before June IPO
SpaceX approved a 5-for-1 split ahead of an expected June IPO, lowering the implied share price and signaling a push to broaden demand before pricing.
Cerebras debut resets valuations for the next AI IPO queue
Cerebras' 70 per cent opening surge is lifting the valuation bar for SpaceX, OpenAI and Anthropic and making the 2026 IPO window tougher for smaller issuers to crack.
HSG taps ByteDance stake for $3 billion continuation fund
HSG closed a $3 billion continuation fund backed by its ByteDance stake, giving some investors liquidity while offering new buyers private-market exposure at a reported $370 billion valuation.
Blackstone, CD&R study Magnum bid after post-spin shares slip
Blackstone and CD&R are studying Magnum after its shares slid back toward their debut level, turning a weak post-spin trade into a live test of buyout appetite.
Hiscox shares jump on report of Intact takeover interest
Hiscox shares rose as much as 15.3 per cent after Reuters reported Intact Financial was exploring a potential bid for the British insurer.
SpaceX's faster IPO tests demand for record-scale growth risk
SpaceX's accelerated June timetable turns its Nasdaq float into a test of whether public investors will still fund record-scale growth stories at private-market prices.
Rapido raises $240 million in Prosus-led round at $3 billion valuation
Rapido raised $240 million in a Prosus-led round that valued the Indian ride-hailing platform at $3 billion, offering a fresh marker for late-stage mobility funding in India.
Real Brokerage acquires RE/MAX for $880M in stock-and-cash deal
The Real Brokerage agreed to acquire RE/MAX Holdings for $880 million, forming a combined real estate platform with 180,000+ agents across 120-plus countries.
Cintas Agrees to Buy UniFirst in $5.5 Billion Uniform-Industry Merger
Cintas Corporation has agreed to acquire UniFirst in a $5.5 billion deal that reshapes North America's uniform-rental industry. Shareholders vote June 11.
eBay rejects GameStop's $56bn takeover bid as 'neither credible nor attractive'
eBay's board rejected Ryan Cohen's $56 billion bid Monday, calling it 'neither credible nor attractive' over financing gaps and governance concerns.
Southeast Asia PE deal value jumps 2.5x to $9.2bn in first quarter
Private equity dealmaking in Southeast Asia hit $9.2 billion in Q1 2026, the highest quarterly total in five years, driven by three megadeals in digital infrastructure. Exit proceeds also jumped 75 per cent to $1.7 billion.
SpaceX hits $1.51 trillion valuation in private markets ahead of June IPO
SpaceX shares traded at $634.05 on Forge Global on Monday, implying a $1.51 trillion valuation. The $75 billion IPO, expected to list in June, would be the largest equity raise in history, exceeding Saudi Aramco's 2019 record.
Parker files Chapter 7 after Avalara deal collapse; $58m equity wiped
The e-commerce credit card startup shut down on 4 May after acquisition talks with tax-software firm Avalara collapsed. The Chapter 7 filing lists $50m to $100m in both assets and liabilities.
Houlihan Lokey FY revenue hits record $2.6bn; Q4 EPS misses
Houlihan Lokey posted record full-year revenue of $2.6bn for fiscal 2026, up 10 per cent on the prior year. Fourth-quarter adjusted EPS of $1.63 missed estimates, but a record M&A pipeline and a 17 per cent dividend increase kept the investment case intact.
Allegiant (ALGT) and Sun Country (SNCY) shareholders clear $1.5bn airline merger
Allegiant Travel and Sun Country Airlines holders separately approved the cash-and-stock merger and the related ALGT share issuance at special meetings on Friday, with closing expected May 13 and the combined leisure carrier set to operate about 195 aircraft across 650 routes.
Lilly, Gilead lead $64bn pharma M&A run as 2026 deal pace eclipses 2025
Pharma M&A struck 24 deals worth $64bn in upfront cash through April, well ahead of 2025's pace. Eli Lilly and Gilead Sciences lead the buying, with oncology and autoimmune assets soaking up most of the cash.
BofA taps UBS tech dealmaker Hardegree as M&A vice chair
Bank of America has hired veteran technology banker Richard Hardegree from UBS as a vice chair of M&A, an internal memo shows, adding more than three decades of semiconductor dealmaking experience as global transaction volumes surge past $2 trillion in 2026.
Eli Lilly prices $9bn eight-tranche bond, biggest-ever sale to fund $13bn M&A push
Eli Lilly priced $9bn of investment-grade bonds across eight tranches on Wednesday, its largest-ever debt sale, to fund the Centessa and Kelonia acquisitions. The 40-year tranche tightened 33 basis points from initial price talk to 80bp over Treasuries.
Kraken parent Payward to buy stablecoin payments firm Reap for $600m, deepens Asia push
Kraken's parent Payward agreed to buy Hong Kong-based stablecoin payments firm Reap Technologies for up to $600m in cash and stock at a $20bn valuation, its largest deal yet and a clear signal of the IPO pitch: financial infrastructure, not a spot exchange.
