Mergers, acquisitions, IPOs
The company persuaded TotalEnergies to oppose a proposed deal with Kazakhstan's government over a sulfur-handling penalty at the oil field. ExxonMobil has said its plan to expand Kashagan depends on the dispute being resolved first.
The administration struck deals with more than 20 partners in 2025, but several never materialised or remained non-binding. Their combined share of US exports fell from 44% to 42% in the year that followed.
Putin asked Trump's envoys to help broker the deal when they met at the Kremlin on 5 September. Todd Boehly is leading the buyer consortium, which includes UAE investors and the US development finance agency.
Berlin cited Zippel's role in defence and NATO logistics, and fears that Chinese ownership would deepen Germany's strategic dependence on Beijing. COSCO already holds a stake in a Hamburg container terminal.
Russia struck Bunge's facility in Dnipro on 10 September, the latest in a string of hits on Ukraine's processing and export network. Traders are reporting delays of up to 60 days on Black Sea shipments, and India — the world's largest sunflower oil buyer — is looking elsewhere.
Global investment banks including Citigroup and JPMorgan have moved into chip-backed lending across Asia, a market once led by private credit funds. Lenders face hard questions about GPU depreciation, technology obsolescence and US export restrictions — even as PwC puts Asian data-centre spending at $8.2 trillion by 2050.
Beijing's competition regulator is the last hurdle for Anglo American's acquisition of Teck Resources, demanding volume commitments for Chinese smelters facing their worst concentrate shortage in decades. The deal is expected to close by March 2027.
Qualcomm claims Arm withheld required chip testing tools and leaked a termination threat to journalists, derailing negotiations with Meta. Arm calls the claimed harm speculative and denies any breach.
The seven-country deal covers operations in Vietnam, Indonesia, Malaysia, Thailand, Singapore, Papua New Guinea and Australia. AkzoNobel expects around $1 billion in net cash after tax as it strips back its portfolio ahead of a planned merger with US coatings maker Axalta.
The French industrial conglomerate is near completion of a deal that could be announced as soon as Monday. Talks are still under way and could yet fall apart.
Two reactors would use South Korea's APR1400 design and six would use Westinghouse's AP1000, with all eight targeted to be under construction by 2030. A South Korean consortium may take on the full build, filling a gap left by the near-total absence of US construction capacity for projects of this scale.
The package pairs a $42 billion senior-secured tranche, syndicated by Bank of America, Citigroup and Morgan Stanley, with an $18 billion junior tranche led by Blackstone. Anthropic has committed $125.2 billion over five years for computing capacity.
The North Caterpillar mine in Karaganda Oblast is due to begin production in 2030. It is part of a push to build a tungsten supply chain outside China after Beijing's export controls sent global prices up more than 200% since May 2025.
The company is in talks with outside investors to fund a fleet of Grace Blackwell chips through a special-purpose debt vehicle, retaining up to 10% equity. Customers reserving Nvidia-based capacity on Amazon's cloud will face higher rates from next week.
The Swiss drugmaker will pay $575 million upfront for global rights to an experimental autoimmune therapy that uses mRNA to destroy disease-causing cells. The deal comes months after two late-stage trial failures wiped around $30 billion from Novartis's market value.
The pipeline would carry more than a million barrels a day from Alberta to the B.C. coast, and officials say it could add $30 billion a year to Canada's economy. Indigenous communities are being offered a minimum 10 per cent stake, though it is not yet known whether they will accept.
The pair will not join David Ellison's management team when Paramount Skydance and Warner Bros. Discovery complete their deal on Oct. 6. Paramount's Dana Goldberg and Josh Greenstein are set to oversee both studios, with a combined slate of 30 films a year.
The US is hosting two days of talks while pressing ahead with tariffs on 60 economies over forced labour and probing 16 more over industrial overcapacity. Analysts say partners will raise concerns, but breakthroughs are unlikely.
The 120-kilometre link between Damerjog and Dewele is designed to cut transport costs and tanker traffic on Ethiopia's main trade corridor. It is due to become operational within 18 months.
Treasury Secretary Scott Bessent announced the extension after meeting Chinese Vice Premier He Lifeng in Washington. The two sides now have more time to resolve outstanding issues or negotiate a wider deal, though no new terms were announced.
People Incorporated, which owns 27% of MGM, withdrew its $48.30-per-share cash offer after several months of negotiations. MGM shares fell 10% on the news, hitting their lowest level in seven months.
The mobile money arm of Bharti Airtel had been seeking between $1.5 billion and $2 billion. It is now targeting a valuation of $8 billion to $9 billion, with a prospectus expected in early October.
The cruise operator is moving into land-based resort ownership for the first time. The deal, which values Sandals at $6 billion, gives Royal Caribbean joint control of 20 Caribbean properties alongside the founding Stewart family.
The two sides will use a joint mechanism to identify goods eligible for tariff cuts, and set up a hotline for AI safety incidents. The fate of their trade truce, which expires on November 10, is expected to be left to the two presidents to decide.
President Trump says the US is negotiating a major fertiliser purchase from Belarus at below Canadian prices. But Alexander Lukashenko says this year's production is already contracted, leaving the commercial case for any large deal unclear.
The deal commits Paramount to 30 theatrical releases a year, $1.5 billion in extra domestic film spending, and editorial independence protections for CBS News and CNN. New York and Connecticut have signalled the terms don't go far enough, and a federal judge must still approve the settlement.
An agreement with 12 state attorneys general clears the main legal obstacle to what would be the largest merger in Hollywood history. No major divestitures are required, though the full terms have not yet been disclosed.
The FCC has approved a plan allowing overseas investors to hold 49.5% of Paramount's non-voting equity ahead of the company's planned merger with Warner Bros. Discovery. Saudi Arabia, the UAE and Qatar account for the bulk of that stake through their sovereign wealth funds.
The first batch of PAC-3 MSE housing components reached Lockheed Martin in August, weeks ahead of a timeline that has traditionally taken months or years. Lockheed is investing up to $9 billion to expand munitions output across more than 20 US sites.
The Swiss-based sportswear company has signed the World Cup's all-time goal scorer as a global ambassador. The deal includes cash and equity, though its financial terms and duration have not been disclosed.
The plant would make semiconductors for cars, phones and industrial equipment — the first chip investment under a deal that keeps US tariffs on most Japanese goods at 15 percent. None of the $550 billion committed so far has gone to chips or AI, and funding must flow before January 2029 or punitive duties could be restored.
The cloud venture, backed by Blackstone and Alphabet, will use the debt to purchase Google's tensor processing units. It ranks among the largest financings ever arranged for AI processors.
The South Korean chipmaker could take over part of Intel's Ohio facility or form a joint venture with cloud firms. Both companies say nothing has been decided, and higher US production costs remain a significant hurdle.
Amazon receives warrants worth up to $340 million in Generac shares as part of a long-term contract to supply backup generators for its data centres. Generac shares jumped more than 40% in after-hours trading after the deal was disclosed.
The Nigerian billionaire is offering a 3% public stake in his oil refinery, which supplies more than 70% of Nigeria's energy. Proceeds are earmarked for an expansion that would double its processing capacity.
No shares were sold before the cancellation. Oracle gave no reason for the reversal, and Ellison has said he has no other plans to sell his stake, which amounts to about 40% of the company.
The ban takes effect on 29 September and follows 50% US tariffs imposed last month on around $20bn of Canadian goods. Canada hit back overnight with dollar-for-dollar duties on US steel, clothing and furniture — and no new talks are scheduled.
The factory in Lower Saxony is set to be taken over by the German state government and Israeli investor Aurelius Capital. It is expected to start making equipment for Rafael Advanced Defence Systems, the company behind the Iron Dome, from mid-2027.
Arte Moreno, who bought the club in 2003, will keep a minority share after the deal closes. It adds an MLB team to a Kroenke portfolio that already includes the LA Rams, Denver Nuggets and Arsenal.
The London-headquartered broker would pay roughly 5.7 times USI's annual revenue of $3 billion. It is Aon's second major mid-market acquisition in little over a year, following its $13 billion purchase of NFP in 2024.
A string of contracts awarded between July and August 2026 aims to triple Patriot output and quadruple THAAD production. The US is also racing to field a sub-$750,000 interceptor — about a fifth the price of the missiles it is running short of.
A signing could come within days, with Energy Secretary Chris Wright planning a trip to Caracas. The deal would more than double US oil reserves and is the most ambitious step yet in a policy that began with the capture of Nicolás Maduro in January 2026.
Prime Minister Mark Carney suspended negotiations and pledged to match new US tariffs after overnight talks broke down on August 22, with up to $28 billion in Canadian exports facing a 50% levy. A Conservative MP publicly called the response an overreaction — and US Vice-President JD Vance praised him for it.
More than $50 billion has already been sunk into the project, leaving half-built structures in the desert. The Line, a 170km city that was Neom's centrepiece, has reportedly been halted until after 2030.
The White House announced a three-day pause on 50% tariffs just two hours before they were due to hit roughly $20 billion in Canadian goods. But Trump's claim that the long-cancelled pipeline could be revived as part of any agreement left analysts and officials on both sides baffled — and neither government confirmed it.
Trump paused threatened 50% tariffs on $28 billion worth of Canadian goods, giving negotiators until 12:01 a.m. ET Saturday to turn the framework into a signed agreement. The exact terms — including any changes to steel, dairy and alcohol trade — have not been made public.
The two sides are meeting daily ahead of an August 19 deadline, but some Canadian negotiators think the gap is too wide to close in time. Ottawa is willing to concede on dairy, alcohol bans and auto tariffs — but it cannot force the provinces to lift their bans on American booze, and some have refused to budge.
OpenRouter gives developers a single interface to access and switch between more than 400 AI models. The deal would move Stripe beyond payments and into the infrastructure layer that manages and bills for AI use.
The move opens a 30-day review of possible countermeasures, from patent suspensions to import curbs. No restrictions on American goods have been imposed yet, and Brasília says it wants to negotiate.
Colombo needs new markets badly — around $1bn in exports are exposed to US levies — but Beijing's demand to open 90% of tariff lines remains a threshold Sri Lanka has so far refused to cross.
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