M&A
HYROX Founders Retake Control in Deal Backed by L Catterton
HYROX’s founders have regained majority control of the fast-growing fitness racing brand after a consortium led by L Catterton acquired the majority stake held by Infront Sports & Media.
Aviation Rader - GE Aerospace’s $11.75bn CPP Deal Targets a Critical Engine Bottleneck; Airbus Deliveries Rise 9% y/y
GE Aerospace is moving to secure critical engine-casting capacity with its $11.75bn acquisition of CPP, while Airbus deliveries rose 9% in the first eight months of 2026 as it works toward its full-year target.
Latest on Hapag-Lloyd’s ZIM Acquisition: Revised Deal Seeks Israeli Approval
Hapag-Lloyd is revising its $4.2bn acquisition of ZIM to address Israeli security concerns, with tighter foreign ownership limits and strategic assets set to remain under Israeli control.
AI Speedrun - The AI Stack Expands: Nvidia Buys Hugging Face, Moonshot Courts U.S. Clouds, and Anthropic Locks In $45bn of Compute
Nvidia reportedly agrees to buy Hugging Face for $12.9bn, Moonshot explores Kimi K3 revenue-sharing deals with U.S. hyperscalers, and Anthropic commits $45bn to Nscale compute.
Over The Weekend - The Other Side of the AI Boom: Jane Street’s $15bn Hit, Software Buyout & Higher Yields
Jane Street’s $15bn AI-linked hit, Silver Lake’s reported Workday talks and rising real yields show the AI boom entering a tougher phase—where crowded trades, SaaS disruption and higher capital costs collide.
Breaking News - AstraZeneca and Bristol Myers Squibb Discuss $400bn Pharma Megamerger
UK drugmaker AstraZeneca is in talks to combine with US rival Bristol Myers Squibb in a deal that would create one of the world’s biggest pharmaceutical groups, valued at nearly $400bn.
Nestle nears sale of Perrier unit stake at close to €5 billion valuation
July 22 (Reuters) - Private equity firm Platinum Equity is nearing a deal to acquire about a 50% stake in Nestle's European water business in a transaction that would value the joint venture at almost €5 billion ($5.71 billion), the Financial Times reported on Wednesday.
Market Rumor - SK hynix's in talks to buy Intel’s Ohio Semiconductor Plant for U.S. memory production
SK hynix is negotiating to acquire Intel’s massive semiconductor campus in New Albany, Ohio, with plans to begin front-end memory chip production there within five years.
Breaking News - Stripe, Advent offer to buy PayPal for more than $53 billion, sources say
Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc. for $60.50 per share, in a deal that would value the payments company at more than $53 billion, two people familiar with the matter said.
Breaking News - CMA CGM nears $1.4 billion deal for FedEx logistics unit, sources said
French container shipping group CMA CGM is nearing a deal to buy FedEx's third-party logistics business for $1.4 billion in cash.
Polymarket buys fresh prediction market API startup Dome, marking second official acquisition
Onchain predictions market provider Polymarket has acquired the relatively fresh startup Dome for an undisclosed sum, according to an announcement on Thursday. Dome, part of startup accelerator Y Combinator’s Fall 2025 cohort, offers a unified API for prediction markets. In other words, it allows developers to build apps, bots,
Coinbase Acquires The Clearing Company in Prediction Market Push
Coinbase Global Inc. announced Monday that it will acquire a derivatives clearinghouse, The Clearing Company, to boost its entry into the growing prediction markets business. The crypto trading platform said the acquisition would help it expand on its ambitions to become “the Everything Exchange.” It comes just days after Coinbase
