Mergers, acquisitions, IPOs, earnings and corporate strategy: the deals and decisions reshaping companies worldwide.
London Stock Exchange Group is making its largest acquisition since Refinitiv, agreeing to pay $3.535 billion in cash for credit intelligence provider Octus. The deal moves LSEG deeper into private and illiquid credit just as the boundary between traditional bond markets and private lending is becoming less distinct. Octus,
Netflix delivered a highly profitable third quarter, but investors focused on the part of the report that looked less mature: advertising. The streaming company cut its 2026 ad-revenue forecast to about $2.7 billion from approximately $3 billion, citing a slower-than-expected rollout of some advertising product capabilities.
Silgan Holdings is using an unusually structured acquisition to get larger in metal packaging while freeing its faster-growing dispensing business from some of the balance-sheet burden. The company and funds affiliated with American Industrial Partners agreed on Monday to acquire Trivium Packaging at a $3.4 billion enterprise
Progressive’s latest results deliver two messages that investors should resist compressing into a single earnings number. The insurer’s core underwriting remained highly profitable in the third quarter, while changes in the value of its investment portfolio showed how quickly a large balance sheet can complicate an otherwise strong
China is moving to put a higher price on speed in the world’s largest auto industry. Four government agencies released draft rules on Saturday that would pull safety reviews and longer testing requirements directly into the vehicle-approval process, challenging an industry where rapid model launches and increasingly elaborate
SpaceX has turned a spectrum purchase into a sudden repricing of the U.S. wireless industry. The company said Thursday that it agreed to acquire 100% of Grain Management’s nationwide 800 MHz spectrum portfolio, giving its Starlink Mobile business access to as much as 14 megahertz of paired low-
McKesson is using private equity to make a sizable but measured move into home infusion. The drug distributor and Clayton, Dubilier & Rice agreed Tuesday to acquire Option Care Health for $32.05 a share in cash, valuing the company at about $5.8 billion including debt. The price represents
Informa is making an unusually clear portfolio choice: it wants to become a more focused business-to-business events group, and it is willing to raise fresh equity, add debt and part with a longstanding academic publishing operation to get there. The FTSE 100 company said Tuesday that it would
Nike’s latest quarter offered evidence that its turnaround is gaining traction in performance products, but the company’s new full-year outlook makes clear that a broader recovery remains distant. The athletic-wear group is now pairing a deliberate reduction in product supply with a multiyear cost program, asking
Hormel Foods is making a $1.055 billion bet that its next leg of growth will be served through restaurant kitchens rather than grocery aisles. The company agreed Wednesday to acquire family-owned Brakebush Brothers, a century-old processor of value-added chicken, in a transaction that would substantially enlarge
Julius Baer has cleared a major regulatory obstacle, but the terms of its release show that Switzerland’s private bank still has years of supervised repair ahead. The Swiss Financial Market Supervisory Authority, FINMA, concluded a combined enforcement proceeding on Tuesday covering the bank’s former private-debt business and
Armani has opened the door to bringing more than one investor into the 15% stake sale required by founder Giorgio Armani’s will, adding a new layer of flexibility to one of the luxury industry’s most closely watched succession plans. Chief Executive Giuseppe Marsocci said Sunday that the stake
