Section
Deals
IPO fundraising hits a two-year low as big deals dominate
IPO fundraising in 2026 has fallen to a two-year low as volatility, geopolitics and giant deals push smaller issuers to wait.
Thames Water rescue math shifts as politics reprices the deal
Political uncertainty is no longer background noise for Thames Water's rescue. It is changing how creditors price the deal, the regulatory trade-offs and the odds of a durable recapitalisation.
Europe VC market 2026: AI winners pull capital away
Europe VC market 2026 is being driven by AI, with late-stage winners masking weaker deal volume, thinner funding and smaller exits elsewhere.
Vida Global (VIDA) closes $15 million IPO at $4 a share
Vida Global raised $15 million in a $4-a-share IPO and began trading under VIDA, giving investors a same-day read on how narrowly the 2026 AI issuance window is open.
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.
DayOne weighs Singapore-US dual IPO worth up to $5bn
The mooted DayOne deal would test whether AI-linked data-centre demand can support a multibillion-dollar cross-border IPO rather than a U.S.-only listing.
Foreign buyers turn UK discount into $192bn deal surge
Foreign bidders have pushed UK M&A to $192 billion in 2026, but the bigger story is what the surge says about Britain's valuation gap and the pricing power of overseas capital.
NextEra (NEE) to buy Dominion (D) in $66.8bn AI-power deal
The NextEra-Dominion deal ties AI-led data-centre electricity demand to a new round of US utility consolidation and regulatory scrutiny.
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.
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.
When IPO windows narrow, venture exits move private
Venture exits are shifting into private deals as the IPO market stays selective, changing liquidity, pricing power and timing in 2026.
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.
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.
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.
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.
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.
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.
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.
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.
