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.
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.
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.
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.
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.
EnCap Flatrock Midstream is considering a sale of gas pipeline company Momentum Midstream for over $5 billion, according to people familiar with the matter.
CECO Environmental Corp. has agreed to acquire Thermon Group Holdings Inc., as the filtration company looks to enter the thermal solutions market amid booming demand from data centers.
ConocoPhillips is exploring a sale of some of its Permian Basin assets as part of a broader streamlining of its portfolio, according to people familiar with the matter.
A tanker truck drives past a Phillips 66 refinery in Borger, Texas, U.S., on Saturday, Sept. 26, 2020. After all the trauma the U.S. oil industry has been through this year -- from production cuts to mass layoffs and a string of bankruptcies -- many producers say they’re still prioritizing output over reducing debt.
UniFirst Corp. is now in active discussions to be acquired by Cintas Corp., people familiar with the matter said, after years of on and off attempts at a potential deal.
Devon Energy Corp. agreed to acquire Coterra Energy Inc. for about $21.4 billion in stock to create one of the world’s biggest shale companies as dwindling drilling sites spur producers to consolidate.
VSE Corp., a provider of aftermarket parts and services to the aviation industry, agreed to buy closely held Precision Aviation Group for about $2.025 billion in a cash-and-stock deal.
Eaton Corp. is considering strategic options for its vehicle unit, people familiar with the matter said, as the electrical equipment maker looks to focus on high-growth businesses under its new chief executive officer.
A worker wearing a protective mask assembles truck transmissions at the Eaton Corp. manufacturing facility in San Luis Potosi, Mexico, on Wednesday, May 27, 2020. The U.S. auto industry heavily relies on Mexico for parts and vehicle production. At $93 billion, vehicles were the top import to the U.S. from Mexico in 2018, according to federal data. The Center for Automotive Research reports $60.8 billion, or 39% of auto parts used in the U.S., were imported from Mexico in 2019, reports CNBC.
Qiagen NV, the European molecular testing firm, is weighing strategic options including a potential sale amid fresh takeover interest, people with knowledge of the matter said.
A biochemist uses a Qiagen NV automated extraction machine while processing medical tests at a laboratory in San Luis Potosi, Mexico.
Hellman & Friedman is exploring a potential sale of medical device company Cordis, people familiar with the matter said.
An employee works on the stent graft production line at the Medtronic Inc. assembly plant in Tijuana, Mexico, on Monday, Oct. 27, 2014. Minneapolis-based Medtronic Inc., the the world's biggest maker of heart rhythm devices, employs about 4,000 workers at this facility, its second-largest assembly plant.
Mitsubishi Corp. agreed to buy Aethon Energy Management LLC’s US gas and pipeline assets for $5.2 billion, the biggest purchase by a Japanese company in the American shale sector.
The Mitsubishi Corp. logo outside the company's head office in Tokyo.
QXO Inc. is raising another $1.8 billion from investors including Apollo Global Management Inc. and Temasek Holdings Pte, comfortably more than doubling the $1.2 billion financing deal it announced last week.
An investor group led by Apollo Global Management Inc. has agreed to invest $1.2 billion in QXO Inc. to support the building products company’s acquisition strategy.
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