NextEra Energy Inc. agreed to pay about $67 billion in stock for Dominion Energy Inc. in the biggest power acquisition ever, creating a giant utility extending from Florida to the artificial intelligence data centers clustered in Virginia.
NextEra Energy Inc. agreed to pay about $67 billion in stock for Dominion Energy Inc. in the biggest power acquisition ever, creating a giant utility extending from Florida to the artificial intelligence data centers clustered in Virginia.
The Dominion Energy headquarters in Richmond, Virginia, US.
NextEra Energy Inc. is discussing a mostly stock deal for Dominion Energy Inc. that would value the company at about $76 per share, or around $66 billion, making it by far the largest power deal on record, according to people familiar with the matter.
NextEra Energy Inc. is discussing a mostly stock deal for Dominion Energy Inc. that would value the company at about $76 per share, or around $66 billion, making it by far the largest power deal on record, according to people familiar with the matter.
A utility pole with a distribution transformer stands by the Dominion Energy headquarters in Richmond, Virginia, US, on Tuesday, Feb. 20, 2024. Dominion Energy Inc. is expected to release earnings figures on February 22.
NextEra Energy Inc. is in discussions to acquire utility rival Dominion Energy Inc. in a mostly stock deal aimed at helping address the growing demand for power from data centers, according to a person familiar with the matter.
NextEra Energy Inc. is in discussions to acquire utility rival Dominion Energy Inc. in a mostly stock deal aimed at helping address the growing demand for power from data centers, according to a person familiar with the matter.
A Dominion Energy Inc. sign at a field office in Springfield, Virginia. Photographer: Luke Johnson/Bloomberg
AvalonBay Communities Inc. and Equity Residential are considering a potential combination that could reshape the US apartment market, people familiar with the matter said.
AvalonBay Communities Inc. and Equity Residential are considering a potential combination that could reshape the US apartment market, people familiar with the matter said.
A pedestrian stands in front of the AvalonBay Communities Inc. Park Loggia condominium in New York, U.S., on Wednesday, May 15, 2019. AvalonBay Communities real estate investment trust acquired the site for the Park Loggia for $300 million, near the peak of Manhattan's high-end sales frenzy, with plans for luxury rentals and, perhaps, some condos. Since then, the borough has become saturated with both and AvalonBay decided the more-lucrative option was to go all-condo.
Activist investor Starboard Value has built a significant stake in Flowserve Corp. and is speaking to the industrial company about potential changes, according to people familiar with the matter.
Activist investor Starboard Value has built a significant stake in Flowserve Corp. and is speaking to the industrial company about potential changes, according to people familiar with the matter.
A Flowserve facility in Houston, Texas. Photographer: Tripplaar Kristoffer/Sipa/AP Photo
Honeywell International Inc. is in advanced discussions to sell its warehouse and workflow solutions business to American Industrial Partners, according to people familiar with the matter.
Honeywell International Inc. is in advanced discussions to sell its warehouse and workflow solutions business to American Industrial Partners, according to people familiar with the matter.
Honeywell International Inc. agreed to divest its productivity solutions and services business to industrial manufacturer Brady Corp., the latest move by Honeywell to reshape its portfolio as it pursues a multipart breakup.
Honeywell International Inc. agreed to divest its productivity solutions and services business to industrial manufacturer Brady Corp., the latest move by Honeywell to reshape its portfolio as it pursues a multipart breakup.
Johnson Controls International Plc is weighing options including a potential sale of two businesses in its security division that together could be worth up to $4.5 billion, according to people familiar with the situation.
Johnson Controls International Plc is weighing options including a potential sale of two businesses in its security division that together could be worth up to $4.5 billion, according to people familiar with the situation.
The Johnson Controls booth during the CIIE in Shanghai.
Buyout firm Energy Capital Partners has agreed to re-acquire nuclear services firm EnergySolutions from TriArtisan Capital Advisors LLC, according to a statement provided to Bloomberg News.
Buyout firm Energy Capital Partners has agreed to re-acquire nuclear services firm EnergySolutions from TriArtisan Capital Advisors LLC, according to a statement provided to Bloomberg News.
SBA Communications Corp. is exploring options including a potential sale after the tower owner and operator received preliminary takeover interest, according to people familiar with the matter.
SBA Communications Corp. is exploring options including a potential sale after the tower owner and operator received preliminary takeover interest, according to people familiar with the matter.
Workers perform contract maintenance work on a cellular phone mast in South Africa.
SBA Communications Corp. is exploring options including a potential sale after the tower owner and operator received preliminary takeover interest, according to people familiar with the matter.
SBA Communications Corp. is exploring options including a potential sale after the tower owner and operator received preliminary takeover interest, according to people familiar with the matter.
Workers perform contract maintenance work on a cellular phone mast in South Africa.
Companies are pushing ahead with acquisitions despite geopolitical uncertainty, volatile energy markets and the uneven effects from the rise of artificial intelligence, Morgan Stanley’s Tom Miles said in a Bloomberg TV interview.
Companies are pushing ahead with acquisitions despite geopolitical uncertainty, volatile energy markets and the uneven effects from the rise of artificial intelligence, Morgan Stanley’s Tom Miles said in a Bloomberg TV interview.
Cabinets housing servers inside a data hall at a NextDC Ltd. data center in Sydney, Australia, on Monday, Dec. 8, 2025. OpenAI partnered with Australian data center operator NextDC to build a A$7 billion ($4.6 billion) large-scale computing cluster in Sydney, accelerating its expansion in the Asia-Pacific region.
Companies are pushing ahead with acquisitions despite geopolitical uncertainty, volatile energy markets and the uneven effects from the rise of artificial intelligence, Morgan Stanley’s Tom Miles said in a Bloomberg TV interview.
Companies are pushing ahead with acquisitions despite geopolitical uncertainty, volatile energy markets and the uneven effects from the rise of artificial intelligence, Morgan Stanley’s Tom Miles said in a Bloomberg TV interview.
Cabinets housing servers inside a data hall at a NextDC Ltd. data center in Sydney, Australia, on Monday, Dec. 8, 2025. OpenAI partnered with Australian data center operator NextDC to build a A$7 billion ($4.6 billion) large-scale computing cluster in Sydney, accelerating its expansion in the Asia-Pacific region.
Microsoft Corp. is in exclusive talks with Chevron Corp. and investment fund Engine No. 1 over a long-term deal that would underpin a giant power plant in West Texas, providing electricity to a large data center campus.
Microsoft Corp. is in exclusive talks with Chevron Corp. and investment fund Engine No. 1 over a long-term deal that would underpin a giant power plant in West Texas, providing electricity to a large data center campus.
A Microsoft store in New York, US, on Tuesday, July 22, 2025. Microsoft Corp. accused Chinese state-sponsored hackers of using flaws in its SharePoint document management software in a hacking campaign that has targeted businesses and government agencies around the world. Photographer: Adam Gray/Bloomberg
Apollo Global Management Inc. is nearing a deal to acquire Atlantic Aviation from rival KKR & Co. in a transaction that would value the private jet fixed-base operator at almost $10 billion, people familiar with the matter said.
Apollo Global Management Inc. is nearing a deal to acquire Atlantic Aviation from rival KKR & Co. in a transaction that would value the private jet fixed-base operator at almost $10 billion, people familiar with the matter said.
Cintas Corp. agreed to buy UniFirst Corp. in a cash-and-stock deal valuing the uniform supplier at $5.5 billion, clinching a years-long pursuit of its rival.
Cintas Corp. agreed to buy UniFirst Corp. in a cash-and-stock deal valuing the uniform supplier at $5.5 billion, clinching a years-long pursuit of its rival.
Cintas Corp. has agreed to buy UniFirst Corp. in a cash-and-stock deal valuing the uniform supplier at $5.5 billion. Photographer: Smith Collection/Gado/Getty Images
Starboard Value LP has amassed a stake of about $350 million in CarMax Inc. and sees an opportunity to accelerate the used car retailer’s turnaround under incoming Chief Executive Officer Keith Barr.
Starboard Value LP has amassed a stake of about $350 million in CarMax Inc. and sees an opportunity to accelerate the used car retailer’s turnaround under incoming Chief Executive Officer Keith Barr.
A BMW M8 vehicle at a CarMax dealership in Pleasant Hill, California, US, on Wednesday, Dec. 18, 2024. CarMax is scheduled to release earnings figures on December 19. Photographer: David Paul Morris/Bloomberg
Alfredo Porretti, one of the leaders of JPMorgan Chase & Co.’s shareholder engagement team, has left the Wall Street bank, people familiar with the matter said.
Alfredo Porretti, one of the leaders of JPMorgan Chase & Co.’s shareholder engagement team, has left the Wall Street bank, people familiar with the matter said.
The JPMorgan Chase & Co. global headquarters building in New York, US, on Tuesday, Jan. 20, 2026. President Donald Trump railed against JPMorgan Chase & Co. and its leader Jamie Dimon, threatening to sue the banking giant over his claim that he was debanked after the Jan. 6, 2021, Capitol riot.
BlackRock Inc.’s Global Infrastructure Partners LP and EQT AB agreed to buy AES Corp. for about $10.7 billion in cash as the market heats up for power plant developers that can provide electricity for energy-hungry AI data centers.
BlackRock Inc.’s Global Infrastructure Partners LP and EQT AB agreed to buy AES Corp. for about $10.7 billion in cash as the market heats up for power plant developers that can provide electricity for energy-hungry AI data centers.