All entries related to USA, newest first. tag:eurotrack.ai,2026:en:en/countries/usa 2026-10-28T06:00:00Z Eurotrack tag:eurotrack.ai,2026:03effd1a:en 2026-10-28T06:00:00Z

GE Vernova is buying Trench Group, a Berlin-based maker of high-voltage components, from private equity firm Triton for US$9.0bn, funded half from cash and half from debt; Trench has more than 3,000 employees. Closing is expected at the end of 2027 (GE Vernova, 28 October 2026; second source: Börsen-Zeitung, 28 October 2026). — Sources: https://gevernova.com/news/press-releases/ge-vernova-acquire-trench-group · https://www.boersen-zeitung.de/unternehmen-branchen/triton-gibt-berliner-energietechnikfirma-trench-group-fuer-9-mrd-dollar-ab

tag:eurotrack.ai,2026:a80c6b5a:en 2026-10-26T06:00:00Z

Report: California's high-speed rail authority plans to award Siemens Mobility three AP220 trainsets for the first, 275 km operating segment between Bakersfield and Merced. According to board documents, the package of around USD 772 million consists of USD 281.7 million for the trains, USD 284.1 million for maintenance in 2030 to 2040 and a USD 206.3 million contingency, plus options for up to 19 further trainsets. Delivery is planned from the end of 2029, test running from spring 2030 and service in 2033/34. The board is due to decide on 28 October 2026; no decision has been taken yet (LOK Report citing Railway Gazette International and Metro Rail Today, 26 Oct 2026). — Source: https://www.lok-report.de/news/uebersee/vereinigte-staaten-siemens-mobility-soll-zugverbaende-fuer-die-kalifornische-hochgeschwindigkeitsstrecke-liefern.html

tag:eurotrack.ai,2026:59a74dba:en 2026-10-23T06:00:00Z

SGL Carbon is parting with its former carbon fibre site in Moses Lake (USA), transferring it to Refactor Moses Lake LLC. The USD 70m price is paid in instalments until 2027; the disposal gain is about USD 46m before costs, and the first instalment lifts the 2026 free cash flow outlook by USD 45m, while sales and earnings guidance stay unchanged (EQS ad hoc SGL Carbon, 23 Oct 2026). — Source: https://www.finanznachrichten.de/nachrichten-2026-10/69922055-eqs-adhoc-sgl-carbon-se-sgl-carbon-verkauft-seinen-ehemaligen-carbon-fiber-standort-moses-lake-usa-022.htm

tag:eurotrack.ai,2026:27c2471e:en 2026-10-19T06:00:00Z

Silgan and private equity firm American Industrial Partners are buying metal packaging maker Trivium for about US$3.4bn and combining it with Silgan's metal containers and closures business in the joint venture Silgan MCC, in which Silgan holds 60%. Closing is expected in mid-2027 (Silgan, 19 October 2026; second source: Simpson Thacher, 20 October 2026). — Sources: https://finviz.com/news/403833/silgan-announces-strategic-portfolio-acceleration-establishes-partnership-to-acquire-trivium · https://www.stblaw.com/about-us/news/view/2026/10/20/american-industrial-partners-to-acquire-trivium-with-silgan-and-create-a-$7.3-billion-diversified-global-metal-packaging-business

tag:eurotrack.ai,2026:35713b83:en 2026-10-19T06:00:00Z

On 19 October 2026 US drone maker Red Cat Holdings, through its subsidiary SMOT Acquisition, launched a voluntary public cash offer for all shares of Austrian engine maker Steyr Motors: €39.00 per share, valuing the company at about €205m. Anchor shareholder B&C (15%) backs the offer; the acceptance period runs to 18 December 2026, conditional on a minimum acceptance of 50% plus one share and regulatory approvals including Austrian investment screening, with completion expected in the first half of 2027. It follows the preliminary proposal withdrawn on 29 July 2026 (entry 26302bf7) (Salzburger Nachrichten/APA, 19 Oct 2026). Update (21.10.2026): Steyr Motors has signed a business combination agreement with Red Cat and SMOT Acquisition; its management and supervisory boards intend to recommend acceptance. Red Cat commits not to relocate the registered office, production or R&D from Steyr for three years and not to cause redundancies among blue-collar workers for two years (Steyr Motors, ad hoc release, 21 Oct 2026). — Sources: https://www.sn.at/wirtschaft/oesterreich/red-cat-will-steyr-motors-fuer-205-mio-euro-uebernehmen-art-679081 · https://www.finanznachrichten.de/nachrichten-2026-10/69895527-eqs-adhoc-steyr-motors-ag-abschluss-business-combination-agreement-mit-red-cat-holdings-inc-und-smot-acquisition-gmbh-022.htm

tag:eurotrack.ai,2026:2f6fce33:en 2026-09-10T06:00:00Z

Milan-based software group Bending Spoons (Evernote, WeTransfer, Vimeo) entered into a definitive agreement on 10 September 2026 to acquire collaboration platform Miro (headquartered in San Francisco and Amsterdam) in an all-cash deal at an enterprise value of USD 1.355 billion (around USD 1.79 billion equity value). Some existing Miro shareholders are reinvesting USD 295 million of proceeds into newly issued Bending Spoons shares. Closing is expected in Q4 2026, subject to regulatory approvals. — Source: https://investors.bendingspoons.com/newsroom/bending-spoons-agrees-to-acquire-miro

tag:eurotrack.ai,2026:0264bf59:en 2026-08-19T06:00:00Z

German reinsurer Munich Re announced on 19 Aug 2026 the acquisition of US cyber insurer At-Bay at an enterprise value of $575 million. At-Bay ranks among the top ten US cyber insurers with $278 million in gross written premiums; closing is expected in Q1 2027 subject to regulatory approvals (Börse Express / Kapitalmarktexperten, 19 Aug 2026). Target is outside continental Europe; the Munich-based acquirer qualifies the deal for inclusion. — Source: https://www.munichre.com/en/company/media-relations/media-information-and-corporate-news/media-information/2026/media-release-2026-08-19.html

tag:eurotrack.ai,2026:3c4db44e:en 2026-08-17T06:00:00Z

Merck KGaA (Darmstadt) had agreed on 25 June 2026 to acquire US life-science company Bio-Techne (Minneapolis) for USD 73 per share (enterprise value around USD 11.3 billion / EUR 10 billion), strengthening its cell and gene therapy and precision diagnostics business. Germany's Federal Cartel Office cleared the merger on 17 August 2026 'after a short but intensive review'; clearances in other jurisdictions are still pending, with completion expected late 2026 or early 2027. The June announcement had not been recorded in the tracker; this entry is the authoritative one. Update (23 September 2026): The US waiting period under the Hart-Scott-Rodino Act expired on 18 September 2026, and Bio-Techne shareholders approved the takeover at a special meeting on 23 September 2026; completion is still expected in late 2026/early 2027 once the remaining clearances are in place (Bio-Techne release via BioSpace, 23 September 2026, https://www.biospace.com/press-releases/bio-techne-shareholders-approve-acquisition-by-merck-kgaa-darmstadt-germany). — Source: https://www.bundeskartellamt.de/SharedDocs/Meldung/DE/Pressemitteilungen/2026/08_17_26_BioTechne_MerckKGaA.html

tag:eurotrack.ai,2026:2055bdea:en 2026-08-17T06:00:00Z

Single-source report (LTO, German legal/business trade publication, 17 August 2026): US industrial group Madison Air is acquiring German fan and drive specialist ebm-papst (Mulfingen, around EUR 2.24 billion annual revenue, over 13,000 employees) for roughly EUR 4.8 billion. Completion is expected by end of 2026, pending regulatory approvals. Update (17 August 2026): Madison Air confirmed the acquisition in its own press release on 17 August 2026, so the transaction is no longer a single-source report. It states an enterprise purchase price of $5.4bn ($5.0bn net of future tax savings), equal to 14.6x ebm-papst's forecast 2026 adjusted EBITDA of around $343m, or 10x including expected run-rate synergies. ebm-papst (founded 1963 in Mulfingen, operating in around 40 countries) is expected to generate some $2.8bn of revenue in 2026. Completion is expected around year end, subject to the required regulatory approvals (Madison Air, 17 Aug 2026). — Source: https://www.lto.de/recht/kanzleien-unternehmen/k/us-konzern-madison-air-uebernahme-ebm-papst-ventilatoren-milbank

tag:eurotrack.ai,2026:61273957:en 2026-08-13T06:00:00Z

On 13 August 2026 the European Commission unconditionally cleared the sale of 51% of Volkswagen subsidiary Everllence (formerly MAN Energy Solutions) to US private equity firm Bain Capital, finding no competition concerns. The previously announced sale values the Augsburg-based company at EUR 7.4 billion. Everllence builds large engines and turbomachinery (marine propulsion among other things), employs around 16,000 people and most recently generated revenue of roughly EUR 4.9 billion. Volkswagen has undertaken to maintain the five German sites at least until 2030, with compulsory redundancies ruled out over that period. Completion of the transaction is still pending. Note: the original announcement of the sale had not previously been recorded in the tracker. — Source: https://www.handelsblatt.com/unternehmen/industrie/volkswagen-eu-gibt-gruenes-licht-fuer-milliarden-deal-von-vw/100247088.html

tag:eurotrack.ai,2026:baeb18c8:en 2026-08-10T06:00:00Z

Radiopharmaceutical group Curium has completed the acquisition of Belgian company Abscint SA of Liège. The deal transfers global rights to ABS-011, a gallium-68-labelled PET diagnostic tracer targeting HER2 that is in a Phase 2b trial and aimed at breast and gastric cancers. The purchase price was not disclosed. — Source: https://www.biospace.com/press-releases/curium-acquires-abscint-sa-expanding-pet-radiodiagnostic-pipeline-in-oncology

tag:eurotrack.ai,2026:22689f73:en 2026-08-03T06:00:00Z

Italian cable manufacturer Prysmian signed a definitive merger agreement on 3 August 2026 to acquire US electrical installation systems maker Atkore (NYSE: ATKR) for $95 per share in cash. The implied enterprise value is around $3.8bn (€3.3bn), equal to 9.8x 2025 EBITDA and 7.1x including run-rate synergies; the premium is about 23% over the 90-day volume-weighted average price as of 31 July 2026. Prysmian expands its North American business into cable-adjacent products such as conduit, cable management and framing systems, targeting demand from electrification and AI data centres. Closing is expected by the end of 2026, subject to Atkore shareholder and regulatory approval. Second source: EC&M (https://www.ecmweb.com/business-industry/news/55395155/atkore-inc-to-be-acquired-by-prysmian). Update (14 Sept 2026): The antitrust waiting period under the US Hart-Scott-Rodino Act expired at 11:59 p.m. Eastern Time on 14 September 2026 (HSR notifications were filed on 14 August 2026), clearing a key closing condition. The proxy statement was first mailed to Atkore stockholders on or around 9 September 2026; (Atkore, Form 8-K filed 15 Sept 2026). Correction (25 Sept 2026): the definitive proxy statement (DEFM14A) does set a date – Atkore stockholders vote on the merger at a virtual special meeting on 7 October 2026, with a record date of 4 September 2026; approval requires a majority of the outstanding shares (SEC, DEFM14A). Update (7 Oct 2026): Atkore stockholders adopted the merger agreement at the virtual special meeting, with 27,600,871 votes in favour, 21,281 against and 18,885 abstentions. Of the 33,773,062 shares entitled to vote (record date 4 Sep 2026), 27,641,037 were represented, so the quorum was met; the advisory vote on merger-related compensation passed 23,392,804 to 4,112,417. The filing gives no completion date, and the remaining foreign-investment clearances are still outstanding (Atkore, Form 8-K filed with the SEC, 7 Oct 2026). Update (7 Oct 2026): After the shareholder vote Prysmian expects the acquisition to close on 19 October 2026, subject to the remaining regulatory clearance and customary conditions (Prysmian, press release, 7 Oct 2026). Update (19 Oct 2026): Prysmian completed the acquisition on 19.10.2026: Atkore shareholders received USD 95 per share in cash and Atkore is now a wholly owned subsidiary (Prysmian press release, 19.10.2026). — Sources: https://www.prysmian.com/en/media/press-releases/prysmian-to-acquire-atkore-to-become-a-fully-fledged-electrical-solutions · https://www.sec.gov/Archives/edgar/data/0001666138/000166613826000037/atkr-20261007.htm · https://www.prysmian.com/en/media/press-releases/atkore-stockholders-approve-acquisition-by-prysmian · https://www.prysmian.com/en/media/press-releases/prysmian-completes-atkore-acquisition-to-accelerate-growth-as-an-electrical-solutions-provider

tag:eurotrack.ai,2026:ab47f653:en 2026-08-03T06:00:00Z

Alongside the Shell acquisition, TotalEnergies is selling a 50% stake in a largely developed 1.2GW portfolio of onshore solar and wind assets in Germany, Spain, France and Poland to an insurance account managed by KKR. The portfolio's enterprise value is €1.8bn. TotalEnergies retains the other 50% and will continue to operate the assets; the electricity is already sold to third parties or will be marketed by TotalEnergies. Completion is expected in 2026. The partial sale is part of the group's business model of farming down developed renewables portfolios year after year to free up capital for new projects. — Source: https://totalenergies.com/newsroom/renewables-in-europe-totalenergies-acquires-shells-renewables-business-and-sells-a-50-stake-in-a-portfolio-of-developed-assets-to-kkr/?lang=eng

tag:eurotrack.ai,2026:ded2d908:en 2026-08-02T06:00:00Z

Single-source report (Financial Times, 2 August 2026, picked up by CNBC): British-Swedish pharmaceutical group AstraZeneca is said to be in talks about a combination with US group Bristol Myers Squibb. The merged company would be valued at around $400bn, making it one of the world's largest pharmaceutical groups. Neither company commented. No binding agreement exists, and no second independent confirmation of the report was available when this entry was recorded. Update (5 August 2026): the report was denied. A person familiar with the matter told Reuters there is no deal between AstraZeneca and Bristol Myers Squibb, that “there never was a deal to be done” and that there are no discussions between the companies; a second person familiar with the matter confirmed that no active talks are under way. Neither group has issued a formal statement of its own (source: Pharmaceutical Executive citing Reuters, 5 August 2026). — Source: https://www.cnbc.com/2026/08/02/astrazeneca-and-bristol-myers-squibb-mull-400-billion-deal-report-.html

tag:eurotrack.ai,2026:461fd329:en 2026-07-31T06:00:00Z

Reported stage (Financial Times, 31 July 2026, picked up by Reuters): Dutch chipmaker NXP is in talks to acquire Californian image-processing chip designer Ambarella, whose semiconductors are used in security cameras and automated-driving systems. Neither NXP nor Ambarella has confirmed the talks, and a deal is explicitly not certain — other bidders could emerge or the discussions could fall through. Ambarella has a market value of around $3.3bn; its shares rose about 19% on the report while NXP's fell more than 3%. The automotive business is expected to account for roughly half of NXP's $15.1bn revenue this year. — Source: https://wtaq.com/2026/07/31/nxp-in-talks-to-buy-chip-developer-ambarella-ft-reports/

tag:eurotrack.ai,2026:cd163cb8:en 2026-07-31T06:00:00Z

The European Commission has rolled over the suspension of its rebalancing measures against US tariffs by implementing regulation. The previous suspension (Regulation 2026/295) would have expired on 6 August 2026; the new arrangement applies with no end date ("will remain suspended without an end-date") and is meant to ensure seamless continuation. The underlying implementing regulation was adopted on 30 July 2026 and the announcement is dated 31 July 2026 — the date field carries the date of public announcement. — Source: https://policy.trade.ec.europa.eu/news/eu-extends-suspension-eu-rebalancing-measures-against-united-states-2026-07-31_en

tag:eurotrack.ai,2026:26302bf7:en 2026-07-29T06:00:00Z

US drone and robotics maker Red Cat Holdings clarified on 29 July 2026 that it had withdrawn its non-binding preliminary offer for Austrian specialist engine manufacturer Steyr Motors AG; no active offer remains. Steyr shares, listed in Vienna and Frankfurt, fell on the news, while Red Cat stock lost around 4.4%. — Source: https://www.globenewswire.com/news-release/2026/07/29/3334919/0/en/Red-Cat-Issues-Statement-Regarding-Steyr-Motors-AG.html

tag:eurotrack.ai,2026:d96ada6c:en 2026-07-28T06:00:00Z

US chemical distributor Univar Solutions has acquired Barcelona-based distributor Interpur Chemicals, expanding its polyurethanes and powder coatings business across Europe, the Middle East and Africa. Interpur was created in 2020 as a spin-off from Pure Chemicals Ibérica and says it sells into 18 European and 25 countries worldwide. 18 employees transfer to Univar Solutions; no price was disclosed. — Source: https://www.globenewswire.com/news-release/2026/07/28/3334028/0/en/Univar-Solutions-Acquires-Interpur-Chemicals-Expanding-Access-to-Polyurethanes-and-Powder-Coatings-in-EMEA.html

tag:eurotrack.ai,2026:21d44030:en 2026-07-28T06:00:00Z

US supplier Micross Components, a Behrman Capital portfolio company, signed a definitive agreement on 28 July 2026 to acquire Berlin-based AEMtec GmbH from private equity firm capiton. AEMtec builds complex micro- and optoelectronic modules and provides advanced packaging and test services for high-reliability applications, with sites in Berlin, Dresden and Boston. For Micross it is the first scaled foothold in continental Europe alongside existing plants in the United Kingdom and Denmark. No purchase price was disclosed; closing is expected in the second half of 2026, subject to customary regulatory approvals. — Source: https://www.prnewswire.com/news-releases/micross-to-acquire-aemtec-significantly-expanding-european-footprint-in-advanced-packaging-and-optoelectronics-302836712.html

tag:eurotrack.ai,2026:a54c0922:en 2026-07-28T06:00:00Z

Cover Genius, an insurtech specialising in embedded insurance, announced on Tuesday 28 July 2026 that it had acquired the Berlin-based bancassurance platform Friendsurance; the report describes the acquisition as completed. Founded in 2010, Friendsurance is regarded as the originator of peer-to-peer insurance and today mainly operates banking-technology and regulatory infrastructure for bancassurance in the German-speaking market. No purchase price was disclosed. Second source: The Insurer, 28 July 2026 (paywalled). — Source: https://insnerds.com/news/cover-genius-acquires-berlin-based-bancassurance-platform-friendsurance

tag:eurotrack.ai,2026:4397fe54:en 2026-07-27T06:00:00Z

What was reported speculation on 15 July has become a firm offer: shortly before the expiry of the put-up-or-shut-up deadline extended by the UK Takeover Panel, the DCC board unanimously recommended the improved offer from the Energy Capital Partners / KKR consortium on 27 July 2026 (RNS 'RECOMMENDED ACQUISITION OF DCC ENERGY PLC'). The terms are 6,525 pence in cash per share plus a final dividend of 147.22 pence, plus up to a further 125 pence contingent on the proceeds from the sale of the technology division — up to 6,797.22 pence per share in total, or around £5.8 billion. The shareholder meeting is scheduled for September 2026 and the scheme is expected to become effective in the first quarter of 2027. — Source: https://uk.finance.yahoo.com/news/dcc-energy-accepts-improved-5-070100298.html

tag:eurotrack.ai,2026:b1327aa4:en 2026-07-23T06:00:00Z

The 16 July reports became a deal: on 23 July 2026 Dassault Systèmes announced via press release a definitive agreement to acquire ArisGlobal — US$1.8bn in cash at closing plus up to US$200m contingent on multi-year AI-related revenue milestones. ArisGlobal runs an AI-native compliance platform for the life sciences industry with more than 200 customers (including half of the top 50 global biopharma companies), processes more than 12 million patient safety reports a year and employs over 1,300 people; 2026 revenue is projected at US$175m. Closing is expected in the second half of 2026 subject to regulatory approvals. It is the group's second-largest acquisition after Medidata (2019). — Source: https://www.3ds.com/newsroom/press-releases/dassault-systemes-acquire-arisglobal-creating-unified-ai-intelligence-platform-life-sciences-industry-connecting-molecule-patient-and-real-world-outcomes

tag:eurotrack.ai,2026:976cc509:en 2026-07-23T06:00:00Z

Ford and China's Geely are setting up a joint venture at Ford's Almussafes plant near Valencia, in operation since 1976: Geely takes 34% via its subsidiary Geely SPV, Ford retains 66%. From 2028 the site is to build three Ford multi-energy models and two electric Geely models; the plant is designed for 400,000 to 500,000 vehicles a year and ranks among Europe's largest vehicle factories. Subject to regulatory approvals, the joint venture is due to start operating in the first half of 2027. It gives Geely its first EU production base and the Spanish site a long-term utilisation outlook. The €221m purchase price (implying a plant valuation of around €650m) is not stated in the company announcement; it comes from press reporting (Infobae/EFE, Automotive News Europe). Update (24 Oct 2026): According to Motor16, China's competition regulator approved Geely's entry (34%, Ford 66%, joint control) without conditions; the JV start remains planned for H1 2027. The report does not mention EU or Spanish clearances (Motor16, 14 Oct 2026). — Sources: https://www.globenewswire.com/news-release/2026/07/23/3332104/0/en/Geely-Auto-and-Ford-Establish-Joint-Venture-in-Spain-for-Localized-Production-in-Ford-s-Valencia-Plant.html · https://www.motor16.com/las-ultimas-noticias/geely-ford-almussafes-34-planta-valencia/

tag:eurotrack.ai,2026:4f9ac103:en 2026-07-23T06:00:00Z

On 23 July 2026 Nestlé carved out its water and premium beverages business into a 50:50 joint venture with US investor Platinum Equity. The new company 'Peranel', headquartered in Paris, brings together more than 30 brands sold in 120 countries — including S.Pellegrino, Perrier, Acqua Panna and Nestlé Pure Life — and will be led by the division's current CEO Muriel Lineau. Enterprise value is $5.6bn (around €4.9bn), generating roughly €3bn in proceeds for Nestlé. Completion is expected in the first half of 2027, subject to consultation with employee representative bodies and regulatory approvals. Second source: Il Sole 24 Ore. — Source: https://www.platinumequity.com/news/platinum-equity-and-nestle-to-create-peranel-a-5-6-billion-leader-in-water-and-premium-beverages/

tag:eurotrack.ai,2026:69714bb9:en 2026-07-23T06:00:00Z

On 23 July 2026 the European Commission unconditionally cleared the acquisition of sole control over Electronic Arts by Saudi Arabia's sovereign wealth fund PIF (together with Silver Lake and Affinity Partners) under the EU Merger Regulation. Given the limited overlaps in the markets concerned, the Commission found no competition concerns and reviewed the $55bn deal under the normal procedure. The transaction still requires approvals in the United States before it can close. Second source: Euronext news feed (Reuters syndication). UPDATE (30 July 2026): With clearance from the US CFIUS review, Electronic Arts says all required approvals are now in place; completion is scheduled for 4 August 2026 after market close (source: Variety). Update (4 August 2026): Completion has taken place — Electronic Arts announced the closing of the takeover by the consortium of PIF, Silver Lake and Affinity Partners. Shareholders receive $210 per share, the EA share was delisted from Nasdaq, and the company is now privately held (source: EA Newsroom). — Sources: https://www.gamedeveloper.com/business/saudi-arabia-s-polarising-ea-buyout-approved-under-eu-merger-rules · https://www.ea.com/news/ea-announces-completion-of-acquisition

tag:eurotrack.ai,2026:4f6c4fcb:en 2026-07-22T06:00:00Z

US logistics real estate group Prologis raised its offer for Segro, the UK's largest listed commercial property company, by 9.5% on 22 July 2026 to a 'best and final' exchange ratio of 0.0920 Prologis shares per Segro share plus a cash alternative of up to £3.5bn (fixed at 1,031.7 pence per share) — a premium of around 45% to Segro's 23 June closing price. Segro's board unanimously signalled it is 'minded to recommend'; a firm intention announcement from Prologis is still outstanding, and the UK Takeover Panel extended the deadline for it to 12 August 2026. Additional sources: The Real Deal, Yahoo Finance. Update (4 August 2026): The declaration of intent has become a firm offer — Prologis and the Segro board agreed the terms of a recommended acquisition valuing Segro at around $18.8 billion. Segro shareholders receive 0.0920 new Prologis shares per Segro share, with a partial cash alternative. The combination would create a European portfolio of 368 million square feet (+47% for Prologis in Europe) with roughly $269 billion of combined assets under management; Prologis is also seeking a secondary listing on the London Stock Exchange (source: Prologis announcement via PR Newswire). Update (28 Sep 2026): Segro shareholders approved the scheme of arrangement, with 98.12% of scheme shares voted at the Court Meeting and 98.14% at the General Meeting in favour of the special resolution. Court sanction and the remaining conditions are still outstanding; completion is still expected in H1 2027 (Segro announcement, 28 Sep 2026). — Sources: https://kfgo.com/2026/07/22/prologis-tables-18-8-billion-takeover-proposal-for-uks-segro/ · https://www.prnewswire.com/news-releases/prologis-announces-recommended-acquisition-of-segro-plc-302842042.html · https://www.investegate.co.uk/announcement/rns/segro--sgro/results-of-court-and-general-meetings/9794390

tag:eurotrack.ai,2026:e2a1949b:en 2026-07-22T06:00:00Z

On 22 July 2026 the European Commission granted conditional clearance for Paramount Skydance's takeover of Warner Bros. Discovery: Paramount must divest its EEA stake in the theatrical distribution joint venture United International Pictures (with Universal) within 13 months and may not enter new distribution agreements with Universal for ten years; the Commission found sufficient competition in production and streaming. The deal also covers European TV assets such as Warner's Polish TVN Group. Background: Paramount prevailed after nine offers in a bidding war — Netflix's $83bn acquisition agreed in December 2025 collapsed after the WBD board deemed Paramount's cash offer superior on 26 February 2026 and Netflix withdrew; WBD shareholders approved in April and US antitrust clearance (DOJ) followed in May. Still open are, among other things, a lawsuit by 12 US states (hearing 3 August); from 30 September a 'ticking fee' of around $7m per day applies. Second source: Reuters/US News. Update (24 July 2026): Paramount and the twelve suing US states agreed to cancel the preliminary-injunction hearing scheduled for 3 August. In exchange Paramount is suspending completion of the acquisition until June 2027 — or five days after a ruling, whichever comes first. A joint statement on the timetable for the main proceedings is due by 31 July; Paramount is pushing for a November 2026 trial date, while the states had proposed April 2027. The closing horizon therefore effectively moves into 2027. Update (4 August 2026): Judge Araceli Martínez-Olguín (U.S. District Court, Northern District of California) set the trial date in the antitrust case — neither Paramount's preferred November 2026 nor the plaintiffs' proposed April 2027: the trial starts on 2 March 2027 and is scheduled for twelve court days ending no later than 19 March 2027, with written closing briefs due by 5 April 2027. The suit by twelve US states is led by California Attorney General Rob Bonta. Update (6 Aug 2026): The UK Competition and Markets Authority cleared the acquisition unconditionally, and the UK government (DCMS) declined to issue a public interest intervention notice. That removes one of the last major regulatory hurdles — the parties report clearances in 66 further jurisdictions. The US antitrust case brought by twelve states (trial starting 2 March 2027) is unaffected. Update (21 Sept 2026): The twelve plaintiff US states led by California Attorney General Rob Bonta reached a settlement with Paramount and are dropping their antitrust lawsuit; the Writers Guild also settled its suit. Paramount commits, among other things, to 30 theatrical films a year and an independent editorial board for CBS News and CNN (within 180 days of closing). WBD CEO David Zaslav expects the deal to close no later than early October 2026; the trial scheduled for March 2027 is thus off (CNN, 21 Sept 2026: https://www.cnn.com/2026/09/21/media/paramount-wbd-settlement-cnn-ellison-bonta-lawsuit). Update (30 Sep 2026): A California federal judge formally approved the settlement with the states, removing the last hurdle; according to a joint statement the takeover is expected to close on 6 October 2026, with Mattel CEO Ynon Kreiz joining as co-CEO alongside David Ellison from 5 October (NBC News, 30 Sep 2026). Update (06.10.2026): Paramount has completed its acquisition of Warner Bros. Discovery; WBD shareholders receive about $31.02 per share in cash. The combined group is named Skydance Corporation, trades on the NYSE under the ticker SKYD and is targeting annual run-rate synergies of more than $6bn within three years (Paramount, press release filed with the SEC, 06.10.2026). Update (06.10.2026): Poland's Ministry of State Assets has opened an administrative procedure after closing to examine whether Paramount Skydance's indirect control of broadcaster TVN threatens public order or security; TVN has been on the list of state-protected companies since December 2024. The authority has 90 days from receipt of the notification; at worst it can bar the exercise of voting rights, and an order to sell the shares is also on the table (Rzeczpospolita, 06.10.2026; Bankier.pl, 06.10.2026). — Sources: https://www.clickorlando.com/business/2026/07/22/european-union-gives-its-greenlight-to-paramount-and-warners-mega-merger-with-some-conditions/ · https://www.nbcnews.com/business/media/judge-allows-paramount-close-110-billion-takeover-warner-bros-discover-rcna600780 · https://www.sec.gov/Archives/edgar/data/0002041610/000110465926113913/tm2626659d7_ex99-1.htm · https://www.rp.pl/polityka/art45262541-rzad-przeswietli-przejecie-tvn-przez-paramount-skydance-w-grze-nakaz-sprzedazy-akcji · https://www.bankier.pl/wiadomosc/Minister-Aktywow-Panstwowych-zajmie-sie-przejeciem-TVN-przez-grupe-Paramount-Skydance-9208480.html

tag:eurotrack.ai,2026:6858116d:en 2026-07-16T06:00:00Z

Uber and Delivery Hero signed a business combination agreement on 16 July 2026: Uber offers €41.50 per share in cash (a premium of around 127% over the unaffected price before 8 May); Prosus (~17%) has irrevocably committed to tender, which would bring Uber to about 53%. To address antitrust concerns, Delivery Hero is separately selling businesses in 14 markets (including Austria and Spain) to SSW Partners. Closing is expected in H2 2027; Berlin remains headquarters with workforce commitments until at least 2029, and Uber pledges €2bn of investment in Germany over five years. Follow-up to the stake increase of 5 July. Second source: Uber press release (SEC 8-K, Exhibit 99.1). Update (03.09.2026): In their joint reasoned statement, Delivery Hero's management and supervisory boards recommend that shareholders accept Uber's offer of €41.50 per share, which they consider fair; the acceptance period ends on 05.11.2026 (dpa-AFX). — Sources: https://www.finanzwire.com/press-release/delivery-hero-ag-etr-de000a2e-eqs-adhoc-delivery-hero-enters-into-a-business-combination-agreement-with-uber-technologies-and-into-a-sale-and-purchase-agreement-with-ssw-partners-regarding-certain-businesses-hjtl2hDLK4K · https://www.boerse-online.de/dpa-afx/roundup-delivery-hero-raet-zur-annahme-des-uber-uebernahmeangebots-548952.html

tag:eurotrack.ai,2026:4baad49f:en 2026-07-16T06:00:00Z

Reported (first by the Financial Times, 16 July): Dassault Systèmes is in talks to buy US pharmacovigilance and clinical-trial software specialist ArisGlobal (~$200m revenue, ~1,300 employees) from Nordic Capital for about US$2bn. It would be the company's second-largest acquisition after Medidata (2019, $5.8bn); a deal is not certain. UPDATE (23 July 2026): Confirmed — Dassault Systèmes and ArisGlobal signed a definitive acquisition agreement (US$1.8bn plus up to US$200m earn-out); see the separate entry dated 23 July. — Source: https://live.euronext.com/en/financial-news/dassault-systemes-talks-buy-drug-trial-software-firm-arisglobal-ft-reports

tag:eurotrack.ai,2026:7cba4878:en 2026-07-16T06:00:00Z

GameStop has sold its French subsidiary Micromania-Zing (300+ stores, ~6m customers, part of the group since 2008) to a consortium of four Franco-Québécois entrepreneurs. After months of uncertainty over the chain's future, it is to be repositioned around merchandise, trading cards and pop culture; a flagship store is planned for October 2026. The purchase price was not disclosed. — Source: https://www.journaldunet.com/business/1552775-les-magasins-micromania-zing-ont-ete-rachetes-par-un-consortium-franco-quebecois-de-quatre-entrepreneurs/

tag:eurotrack.ai,2026:0fac4b9a:en 2026-07-16T06:00:00Z

On 16 July CrowdStrike (US) signed a definitive agreement to acquire the intellectual property of XM Cyber — a Schwarz Digits (Schwarz Group) company — including attack-path visualisation technology, more than 45 patents and source code; the two also expand their partnership for sovereign cybersecurity in Europe (STACKIT Sovereign Cloud). Financial terms were not disclosed; closing is expected in the second half of 2026, subject to regulatory approvals. Second source: Schwarz Digits. — Source: https://www.crowdstrike.com/en-us/press-releases/crowdstrike-and-schwarz-digits-expand-strategic-partnership-to-deliver-sovereign-cybersecurity-across-europe/

tag:eurotrack.ai,2026:05f6704b:en 2026-07-15T06:00:00Z

Irish, London-listed energy distributor DCC is reportedly close to accepting the £5.7bn bid from KKR and Energy Capital Partners. The put-up-or-shut-up deadline expired on 15 July and was extended overnight by the Takeover Panel. Major shareholders including Fidelity consider the price too low — reported stage, no firm offer yet. Second source: Irish Times. Update 16.07: after several short extensions the Takeover Panel extended the PUSU deadline to 27 July; the consortium raised its proposal to £67.97 per share (approx. £5.8bn) with a possible increase of up to £106.8m if DCC's technology division sells for more than $800m (sources: Irish Times, Business Post). Update (18 Sep 2026): At the extraordinary general meeting on 18 September 2026, 78.1% of shareholders backed the takeover. Subject to the remaining conditions and sanction of the scheme by the Irish High Court, DCC continues to expect completion in the first quarter of 2027; RTÉ puts the transaction at up to €6.69bn (£5.73bn) (RTÉ, 18 Sep 2026). — Source: https://www.rte.ie/news/business/2026/0715/1583414-dcc/

tag:eurotrack.ai,2026:7f289e90:en 2026-07-15T06:00:00Z

UK pharma group GSK completed its acquisition of US oncology specialist Nuvalent on 15 July (equity value approx. $10.6bn, approx. $9.4bn net of cash). GSK gains three lung-cancer assets, two of them under FDA review (PDUFA dates September/November 2026). Source is the SEC 6-K filing; second source: Investing.com. — Source: https://www.sec.gov/Archives/edgar/data/0001131399/000165495426006663/a5060m.htm

tag:eurotrack.ai,2026:72ecf166:en 2026-07-15T06:00:00Z

Payments firm Stripe (founded by the Irish Collison brothers, dual HQ San Francisco/Dublin) and Advent International reportedly offered $60.50 per share (a 28% premium) for PayPal, per Reuters/CNBC; PayPal stock jumped 17-19%. About $50bn in bank financing is committed; PayPal's board meets from 20 July. Reported stage; second source: CoinDesk. Update 17 July: PayPal's board deems the offer inadequate, per RTE, but leaves the door open to renegotiating price and structure; quarterly results due 28 July. Follow-up: on 20 July 2026 PayPal's board formally rejected the $53bn offer ($60.50 per share) as inadequate and signalled it expects a higher price; Goldman Sachs and Evercore were mandated to review strategic options (per media reports). Outcome (28 August 2026): Stripe and Advent International definitively abandoned their pursuit of PayPal on 28 August 2026. Reported reasons include the valuation ($53bn / $60.50 per share) being seen as too low by PayPal, regulatory hurdles, and financing costs; PayPal never formally responded to the offer. (source: https://www.rte.ie/news/business/2026/0828/1589524-stripe-advent-consortium-said-to-drop-pursuit-of-paypal/) — Source: https://www.cnbc.com/2026/07/15/stripe-advent-offer-to-buy-paypal-for-more-than-53-billion-reuters.html

tag:eurotrack.ai,2026:3e8bec9b:en 2026-07-14T06:00:00Z

Media reports: According to a Reuters exclusive on 14 July, Hollywood studio Lionsgate (Hunger Games, John Wick) is exploring a sale and has engaged an investment bank; Bolloré (Canal+) and Banijay were initially named as suitors. Variety reports that Banijay and France's Mediawan group are weighing bids, while Bolloré is not bidding. Lionsgate shares jumped about 9% after hours; a deal remains uncertain. UPDATE (29 July 2026): Banijay chief executive François Riahi publicly ruled out a bid for Lionsgate, saying the group is focused on integrating recent acquisitions and cutting its debt of more than €5bn. Of the suitors originally named, only Mediawan therefore remains in the running. — Source: https://variety.com/2026/film/news/lionsgate-studios-takeover-banijay-mediawan-1236811632/

tag:eurotrack.ai,2026:78852714:en 2026-07-01T06:00:00Z

Final approval by Parliament and Council in June 2026; the Commission can suspend the steel/aluminium concessions until the end of 2026 if the US does not follow suit. — Source: https://www.rte.ie/news/business/2026/0630/1581078-eu-to-implement-trade-deal-with-us-from-tomorrow/

tag:eurotrack.ai,2026:0839815e:en 2026-07-01T06:00:00Z

On 1 July 2026 Stadler US inaugurated a new 22,761 m² factory hall in Salt Lake City, Utah, lifting production space to 44,128 m² and creating up to 300 jobs. The plant employs about 750 people, and ground was also broken for a CNC hall to machine aluminium profiles. The event marked ten years in the US and was attended by Swiss president Guy Parmelin; the report gives no investment figure (LOK Report, 3 Jul 2026). — Source: https://www.lok-report.de/news/uebersee/vereinigte-staaten-stadler-feiert-sein-10-jahre-jubilaeum-in-den-usa-und-expandiert-in-salt-lake-city.html

tag:eurotrack.ai,2026:7792c5d2:en 2026-05-20T06:00:00Z

Political agreement of the co-legislators; application from 1 July 2026. — Source: https://www.consilium.europa.eu/en/press/press-releases/2026/05/20/eu-us-trade-council-and-parliament-strike-a-deal-to-implement-the-tariff-elements-of-the-joint-statement/

tag:eurotrack.ai,2026:5a1be87e:en 2026-05-04T06:00:00Z

Vossloh will deliver 335,000 concrete sleepers with rail fastenings for the first, roughly 192 km construction segment of California's high-speed rail line; the order is worth over EUR 40 million. Production is at its Pueblo plant in Colorado, with deliveries starting in the third quarter of 2026. The group expects it to lift its weak US capacity utilisation markedly (LOK Report, 4 May 2026). — Source: https://www.lok-report.de/news/uebersee/vereinigte-staaten-vossloh-liefert-schwellen-und-schienenbefestigungen-fuer-california-high-speed-rail.html

tag:eurotrack.ai,2026:a0af19d1:en 2026-04-27T06:00:00Z

Siemens Mobility and L.K. Comstock are to equip the Fulton-Liberty lines with CBTC train control for New York's MTA. Siemens' share is almost USD 390 million (about EUR 330.8 million); across 65 km of track and 23 stations the system replaces signalling that is in part over a century old and allows 90-second headways. A 25-year maintenance contract follows (LOK Report, 27 Apr 2026). — Source: https://www.lok-report.de/news/uebersee/vereinigte-staaten-siemens-und-l-k-comstock-digitalisieren-die-leit-und-sicherungstechnik-der-fulton-liberty-linen-in-new-york-city.html

tag:eurotrack.ai,2026:ed12c68e:en 2026-04-13T06:00:00Z

Hexagon has closed its purchase of the inspection specialist Waygate Technologies from Baker Hughes. Waygate supplies radiography, CT, ultrasonic and remote visual inspection, employs about 1,500 people at 25 sites and had sales of roughly US$630m in 2025; it is consolidated from 1 November 2026, and Hexagon expects transaction and integration costs of about €50m. The deal was announced in April 2026 at around US$1.45bn in cash, according to Inspenet (Hexagon, 2 Nov 2026; second source: Inspenet, 14 Apr 2026). — Sources: https://news.cision.com/se/hexagon/r/hexagon-slutfor-forvarvet-av-waygate-technologies,c4418224 · https://inspenet.com/en/news/baker-hughes-sells-waygate-technologies-to-hexagon-for-1-45-billion/

tag:eurotrack.ai,2026:1df397e3:en 2026-04-07T06:00:00Z

Hitachi Rail has signed a definitive agreement to acquire Clever Devices, a supplier of fleet-management and passenger-information technology for transit agencies based in Woodbury (New York), with more than 600 employees and 2026 revenue expected to exceed USD 220 million (about EUR 190 million). Its customers include eight of the ten largest North American transit operators; Hitachi plans to integrate the technology into its HMAX Mobility platform and to grow beyond rail into multimodal mobility and in North America. No purchase price is disclosed, and completion is expected later this year once regulatory approvals are in (LOK Report, 7 Apr 2026). Update (1 Jul 2026): Hitachi Rail has completed the acquisition of Clever Devices (Hitachi Rail, press release, 1 Jul 2026). — Sources: https://www.lok-report.de/news/deutschland/industrie/hitachi-rail-endgueltige-vereinbarung-zur-uebernahme-von-clever-devices.html · https://news.hitachirail.com/hitachi-rail-completes-acquisition-of-clever-devices-expanding-its-portfolio-of-multi-modal-transport-solutions

tag:eurotrack.ai,2026:fa6e4a3b:en 2026-04-02T06:00:00Z

Accor is selling its 30.56% stake in Essendi (formerly AccorInvest) for up to €975m to a consortium of Blackstone and Colony IM; the hotels are to move gradually to 20-year franchise contracts and stay under Accor brands, and Accor plans to return most of the proceeds through an additional €500m share buyback. Completion had been expected in Q3 2026. Update (19 October 2026): the European Commission cleared the acquisition of sole control of Essendi and its hotel portfolio under the simplified procedure (Hospitality Investor, 2 April 2026; European Commission, 19 October 2026). Addendum: not previously tracked. — Sources: https://www.hospitalityinvestor.com/investment/accor-sells-stake-essendi-blackstone-led-consortium-eu975m · https://ec.europa.eu/commission/presscorner/detail/en/mex_26_2195

tag:eurotrack.ai,2026:5f4415f1:en 2026-03-31T06:00:00Z

Eli Lilly is buying Centessa Pharmaceuticals, a developer of treatments for sleep-wake disorders, for US$38 per share in cash plus a contingent value right of up to US$9, up to US$7.8bn in total (Pharmaceutical Executive, 31 March 2026). Update (24 June 2026): the acquisition has been completed (SEC filing via edgar.tools, 24 June 2026). — Sources: https://www.pharmexec.com/view/eli-lilly-enters-7-billion-agreement-acquire-centessa-pharmaceuticals-advance-sleep-wake-treatments · https://app.edgar.tools/news/1d4c5a6fe477a225

tag:eurotrack.ai,2026:37d957f9:en 2026-03-31T06:00:00Z

McCormick is combining its business with Unilever's food division, whose brands include Knorr and Hellmann's; Unilever and its shareholders will then hold 65% of the new group, and Unilever also receives US$15.7bn in cash. Completion is planned by mid-2027 (Fortune, 31 March 2026; second source: Unilever, 31 March 2026). — Sources: https://fortune.com/2026/03/31/mccormick-combines-unilevers-food-division · https://www.unilever.com/news/press-and-media/press-releases/2026/unilever-announces-the-combination-of-unilever-foods-with-mccormick/

tag:eurotrack.ai,2026:65388f5c:en 2026-02-27T06:00:00Z

Rolls-Royce Power Systems says it raised adjusted revenue by 19% to EUR 5.72 billion in 2025 and is putting a high three-digit million amount into plants, technology and innovation around the world, more than ever before. At the Friedrichshafen site the company is restructuring the existing plants 1 and 2 and building an additional plant that will also take over assembly of the series 4000 from 2028; military production is growing through additional test stands, special machines and modernised logistics, and investment also goes into Magdeburg and Ruhstorf. In the USA the Aiken (South Carolina) site is growing, and in Mankato (Minnesota) more than 23,000 m² of production space is added. About 700 new employees joined in 2025 and more than 1,000 positions are to be filled in 2026; the drivers are data centres and defence (a large order for more than 300 Leopard 2 engines). (LOK Report, 27 Feb 2026; second source: Rolls-Royce Power Systems, 2 Mar 2026) — Sources: https://www.lok-report.de/news/deutschland/industrie/65472-rolls-royce-power-systems-starkes-ergebnis-und-rekordinvestitionen.html · https://www.rolls-royce.com/country-sites/deutschland/nachrichten-und-geschichten/nachrichten/2026/pr-02-03-2026.aspx

tag:eurotrack.ai,2026:f17a948c:en 2026-02-12T06:00:00Z

US asset manager Nuveen is buying Schroders for £5.90 per share in cash; including permitted dividends of up to 22 pence per share the deal values Schroders at about £9.9bn. The combined group manages nearly US$2.5tn (Yahoo Finance, 12 February 2026). Update (6 July 2026): the European Commission cleared the deal as case M.12392 (European Commission, Daily News, 6 July 2026). Update (1 October 2026): after court sanction Nuveen completed the takeover and Schroders has been delisted (Scottish Financial News, 1 October 2026). — Sources: https://finance.yahoo.com/news/nuveen-enters-9-9bn-deal-114246175.html · https://www.scottishfinancialnews.com/articles/nuveen-completes-ps99bn-schroders-takeover-on-october-1 · https://ec.europa.eu/commission/presscorner/detail/en/mex_26_1521

tag:eurotrack.ai,2026:d3f215b2:en 2026-02-11T06:00:00Z

Wabtec Corporation reported on 11 February 2026 that it has completed its takeover of Dellner Couplers, a Swedish provider of couplers and gangway systems for passenger trains. According to its own figures Dellner has about 100,000 couplers and 12,500 gangways in service, production, assembly and service sites in 13 countries and more than 200 customers. Wabtec wants to strengthen its transit business and its range of safety-relevant systems for passenger transport; the report gives no purchase price. (LOK Report, 11 Feb 2026) — Source: https://www.lok-report.de/news/deutschland/industrie/65081-wabtec-uebernahme-von-dellner-couplers-abgeschlossen.html

tag:eurotrack.ai,2026:33845c8e:en 2026-01-30T06:00:00Z

The Washington Post plans massive layoffs that could affect more than 100 employees. The Sports, Arts, Metro and Foreign desks are particularly affected. White House reporters have written an open letter to owner Jeff Bezos (hashtag #SaveThePost) to protest against the planned cuts. The Washington Post's financial situation has deteriorated in recent years due to strategic decisions under Bezos' leadership; attempts to steer the paper in a more conservative direction led to a decline in subscriber numbers and a loss of trust within editorial teams. Update (4 February 2026): The Washington Post laid off about a third of its staff on 4 February 2026, far more than the roughly 100 jobs first reported; the sports and books sections were closed, and the paper gave no absolute figure. (ABC7/AP, 4 February 2026) — Sources: https://www.the-independent.com/news/world/americas/us-politics/washington-post-jeff-bezos-layoffs-b2910466.html · https://abc7news.com/post/washington-post-cuts-third-staff-blow-legendary-news-brand/18541922/

tag:eurotrack.ai,2026:20c11934:en 2026-01-29T06:00:00Z

Home Depot is laying off 800 employees (around 0.2% of its total workforce), primarily in the technology department and other corporate areas; around 150 of them at the Atlanta headquarters. At the same time, CEO Ted Decker is ordering a return to the office 5 days a week starting the week of 6 April. Reason: simplifying business processes, strengthening collaboration, increasing speed and agility. Context: a slowdown in demand after the Covid boom, a drop in revenue due to higher mortgage rates and economic uncertainty. Expectation for FY 2025: around +3% revenue. The stock is down 10% over the past year, up 9% this year. The company missed Wall Street's profit expectations in the last three quarters. — Source: https://www.wsj.com/business/retail/home-depot-cuts-800-workers-orders-corporate-workers-back-to-office-full-time-0b406c9c