Section
Deals
STG Logistics cuts debt by $1bn after court backs plan
STG Logistics cut more than $1 billion of funded debt after court approval of its plan, with $25 million of fresh capital due at emergence.
Intertek (ITRK) backs EQT's £9.4bn bid as UK buyouts revive
Intertek said it was minded to recommend EQT's £60-a-share bid, giving private equity a live test of whether large UK take-privates still work at higher financing costs.
Quantinuum IPO filing tests frontier-tech market window
Quantinuum's Nasdaq filing gives investors a new test of whether the post-Cerebras IPO window can absorb long-duration frontier-hardware stories.
Bain Capital Asia fund hits $10.5bn in record close
Bain Capital Asia fund raised $10.5 billion after external investors committed $9.1 billion, bucking a weak regional fundraising market.
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.
Arohan files for IPO as India tests demand for lenders
Arohan's ₹600 crore IPO filing offers a read on whether India's public markets will still fund specialist non-bank lenders after a cooler stretch for new issues.
ERock files for IPO as revenue rises 32% on AI power demand
ERock's filing pairs rising revenue with a large contracted backlog, giving investors an early test of appetite for energy infrastructure tied to AI-era power demand.
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.
Brookfield (BN) falls 4.3% on plan to fold in insurer BNT
Brookfield said it plans to fold Brookfield Wealth Solutions into the parent, a move it says will simplify the group's structure and improve capital efficiency.
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.
NextEra and Dominion explore $400bn utility merger as AI demand rises
Talks reported by Reuters and the Financial Times would create a US utility group worth about $400 billion including debt, pushing AI-era power demand deeper into utility M&A logic.
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.
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.
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.
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.
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.
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.
