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AMERICAS

Argano completes the acquisition of Oktana.

Argano, a global digital services and business consulting firm, completed the acquisition of Oktana, a nearshore and onshore custom software development and digital transformation agency, according to press releases. Financial terms were not disclosed

Argano is advised by Ernst & Young, Kirkland & Ellis and Unshakable Marketing Group. Oktana is advised by Elaxtra and Sadis & Goldberg, according to press releases.

ATL Partners-backed Precise Aerospace & Defense completes the acquisition of Precise Metal Products from Staple Street Capital.

ATL Partners-backed Precise Aerospace & Defense, a scaled, vertically integrated provider of complex components and sub-systems for the aerospace, defense, and space markets, completed the acquisition of Precise Metal Products, a provider of critical airflow management solutions for engine system, APU, and ECS applications, from Staple Street Capital, a private equity firm, according to press releases. Financial terms were not disclosed.

ATL Partners were advised by Lincoln International, Gibson Dunn & Crutcher and Gasthalter & Co. Precise Metal Products and Staple Street Capital Group were advised by Houlihan Lokey and McDermott Will & Schulte, according to press releases.

Omron to acquire Interlogic and OnLogic for $675m.

Omron, a Japanese industrial automation and electronic technology company, agreed to acquire Interlogic, the US holding company of industrial computer manufacturer OnLogic, for $675m, according to press releases.

Interlogic is advised by Evercore and Mintz Levin. Omron is advised by Houlihan Lokey and Croke Fairchild Duarte & Beres, according to press releases and MergerLinks data.

Workday to acquire C1.ai.

Workday, a provider of enterprise cloud software, agreed to acquire C1.ai, an enterprise identity governance and cybersecurity software company, according to press releases. Financial terms were not disclosed.

C1.ai is advised by Qatalyst Partners and Ashurst Perkins Coie. Workday is advised by Bank of America and Orrick Herrington & Sutcliffe, according to press releases and MergerLinks data.

Humana and HPS Investment Partners to form a joint venture in a $2.8bn deal.

Humana, a managed health care company, and HPS Investment Partners, a global alternative investment firm and part of BlackRock, agreed to form a joint venture focused on managing and operating an existing network of nearly 150 CenterWell Senior Primary Care clinics that currently sit within joint ventures owned by funds affiliated with WCAS and CenterWell, in a $2.8bn deal, according to press releases.

Humana is advised by Goldman Sachs, Guggenheim Partners and Fried Frank Harris Shriver & Jacobson. HPS Investment Partners and BlackRock are advised by Latham & Watkins (led by Stelios Saffos, Peter J. Sluka and John Miller), according to press releases and MergerLinks data.

SSR Mining to acquire Roxmore Resources in a $464m deal.

SSR Mining, a Denver-based gold, silver, copper, lead, and zinc producer that owns the largest silver mine in Argentina, agreed to acquire Roxmore Resources, a Canadian public mining and investment company focused on the exploration and development of gold projects in North America, in a $464m deal, according to press releases.

SSR Mining is advised by CIBC Capital Markets, Dorsey & Whitney, and Stikeman Elliott, according to press releases.

Norwest Equity Partners completes the acquisition of E-Z UP from Beach Point Capital.

Norwest Equity Partners, a private equity firm, completed the acquisition of E-Z UP, an American manufacturing company that invented and produces portable pop-up canopy tents and instant shelters, from Beach Point Capital, a credit-focused alternative asset manager and hedge fund, according to press releases. Financial terms were not disclosed.

E-Z UP was advised by Kroll. Norwest Equity was advised by Winston Taylor. Beach Point Capital was advised by Prosek Partners, according to press releases and MergerLinks data.

Keensight Capital-backed Bedfont Scientific completes the acquisition of coVita.

Keensight Capital-backed Bedfont Scientific, a UK-based medical technology company, completed the acquisition of coVita, a US medical device distributor, according to press releases. Financial terms were not disclosed.

Bedfont was advised by Steele and Holt. Keensight Capital was advised by Headland Consultancy, according to press releases and MergerLinks data.

Kinderhook Industries-owned Eagle Leasing completes the acquisition of Mobile Storage.

Kinderhook Industries-owned Eagle Leasing, a provider of portable storage containers, ground-level offices, semi-trailers, and mobile office solutions, completed the acquisition of Mobile Storage, a Providence-based provider of storage container and trailer rentals, according to press releases. Financial terms were not disclosed.

Eagle Leasing was advised by Alvarez & Marsal and Bernicker Law, according to press releases.

CORE Industrial Partners-owned Fathom Digital Manufacturing completed the acquisition of TCS Industries, TCS Electronics and Precision Grinding & Manufacturing.

CORE Industrial Partners-owned Fathom Digital Manufacturing, a company that provides on-demand digital manufacturing services, completed the acquisition of TCS Industries and TCS Electronics, providers of manufacturing and electronics assembly services primarily to aerospace and defence customers, and Precision Grinding & Manufacturing, a precision manufacturer specialising in CNC machining and assembly, according to press releases. Financial terms were not disclosed.

CORE Industrial Partners and Fathom Digital Manufacturing were advised by Winston Taylor. CORE Industrial Partners was also advised by Gregory FCA, according to press releases.

Albertsons seeks more than $9bn for busted Kroger deal. (Bloomberg)

Albertsons is seeking more than $9bn in damages from Kroger over the collapse of their planned $24.6bn merger, which would have created the largest US grocery chain combination.

The dispute is heading to a two-week trial in Delaware later this month, following a federal court decision in December 2024 that blocked the transaction.

LSEG in talks to buy Octus for about $3.5bn. (Reuters)

London Stock Exchange Group is in discussions with private equity firm Permira to acquire New York-based financial data provider Octus in a deal valued at around $3.5bn.

The potential acquisition remains under negotiation, with no final agreement announced.

J&J is leaning toward spinning out its hips-and-knees business. (WSJ)

Johnson & Johnson is leaning toward spinning off its hips-and-knees business, with CFO Joseph Wolk indicating that a separation could create greater value for shareholders.

The company previously held discussions with Apollo Global Management over a potential sale valued at around $20bn but now appears to favor a spin-off.

CNN launches international streaming push as David Ellison takes control. (FT)

CNN is set to launch its subscription streaming service in the UK and Canada on October 20, following Skydance’s $111bn acquisition. The expansion forms part of CNN’s strategy to generate more than $1bn in annual digital subscription revenue by 2030.

The service will cost £4.99 ($6.6) per month in the UK and CAD7.99 ($5.6) in Canada, offering live news, on-demand videos and online content. CNN plans to expand into additional countries in 2027.

Home equity-sharing firm Unison is said to pick banks for US IPO. (Bloomberg)

Unison has selected investment banks, including UBS and Cantor Fitzgerald, to lead a potential initial public offering that could raise up to $500m.

The company provides homeowners with cash in exchange for a share of their property's future value. Discussions remain ongoing, and the offering details could still change.

EMEA

bd-capital completes an investment in Electude.

bd-capital, a UK-headquartered pan-European private equity firm, completed an investment in Electude, a Netherlands-based provider of digital learning and technical education software, according to press releases. Financial terms were not disclosed.

Electude was advised by AGC Partners, Alvarez & Marsal and Houthoff (led by
Michiel Pannekoek). bd-capital was advised by Aon Securities, Ernst & Young, Jones Day and Loyens & Loeff, according to press releases and MergerLinks data.

CDP Venture Capital completes an investment in Jolt Capital V.

CDP Venture Capital, a private equity firm, completed an investment in Jolt Capital V, a venture capital firm, according to press releases. Financial terms were not disclosed.

Jolt Capital was advised by Goodwin and Steele and Holt, according to press releases and MergerLinks data.

Accura Investment Partners and BCB to acquire Becker Group from Klöckner & Co.

Accura Investment Partners and BCB, two German investment companies, agreed to acquire Becker Group, a a European metals distribution and processing business, from Klöckner & Co, a metal processing and distribution company, according to press releases. Financial terms were not disclosed.

Accura Investment is advised by Morgan Lewis & Bockius. Klöckner & Co is advised by Rothschild & Co, according to press releases and MergerLinks data.

Crédit Agricole to acquire IKB Deutsche Industriebank from Lone Star Funds.

Crédit Agricole, a French bank holding company that, through its subsidiaries, offers financial and insurance services, agreed to acquire IKB Deutsche Industriebank, a Germany-based commercial bank, from Lone Star Funds, a private equity firm that invests globally in real estate, equity, credit, and other financial assets, according to press releases. Financial terms were not disclosed.

Lone Star Funds is advised by Hengeler Mueller (led by Johannes Adolff

and Andreas Hoger), according to MergerLinks data.

Austrian furniture retailer XXXLutz's German deal hit by EU antitrust investigation. (Reuters)

The European Commission has opened an in-depth antitrust investigation into Austrian furniture retailer XXXLutz’s proposed acquisition of German rival Porta, citing concerns over reduced competition in Germany, the Czech Republic and Slovakia.

The deal would combine Porta’s more than 140 stores with XXXLutz’s network of over 1.8k outlets. The EU has set a February 25 deadline for its decision, with potential remedies required to secure approval.

France to raise stake in struggling miner Eramet. (FT)

The French government plans to increase its stake in mining group Eramet from 27% to up to 49% through a €500m ($560m) capital raise expected in the fourth quarter, becoming its largest shareholder.

The state will subscribe to its allotted shares and acquire rights from the Duval family, which currently holds 37%. The investment aims to strengthen Eramet’s finances and secure France’s access to critical minerals.

Private equity puts string of UK high street names up for sale. (FT)

Private equity owners of several major UK retail and hospitality businesses, including Morrisons, PizzaExpress, Itsu, Waterstones, Poundland and Third Space, are exploring potential sales or exits as pressure mounts to return capital to investors.

The renewed activity follows the £6.7bn sale of Boots and a recovery in UK retail dealmaking. Morrisons owner Clayton, Dubilier & Rice previously held unsuccessful sale talks with Sainsbury’s, while Waterstones is considering an IPO.

Struggling Leicester City owners seek takeover bids this week. (Sky News)

Leicester City’s Thai owners, the Srivaddhanaprabha family, have asked potential buyers to submit bids by October 16, as they seek to sell the English football club. Citigroup is advising King Power on the sale process.

The family acquired Leicester City in 2010 and is reportedly seeking up to £225m for the club, which has suffered consecutive relegations and now competes in League One.

Barclays plans India advisory return after a decade as IPOs boom. (Bloomberg)

Barclays is preparing to relaunch its equity capital markets business in India after nearly a decade, seeking to capitalize on strong share-sale activity in one of the world’s busiest fundraising markets.

The move would fill a gap in Barclays’ existing wholesale banking offering and strengthen its capital markets presence in India.

Dangote refinery extends IPO by two weeks on strong demand. (Bloomberg)

Aliko Dangote is extending the subscription deadline for the initial public offering of his Nigerian refinery by two weeks to October 27, aiming to broaden access for investors across more countries.

The offering, which opened in mid-September 2026, has received approval for the extension from Nigeria’s Securities and Exchange Commission.

Glencore set for Sydney debut in test of mining giant's allure. (Bloomberg)

Glencore is set to begin trading on the Australian Securities Exchange on October 14, through a secondary listing that involves no new share issuance or capital raising.

The listing will use CHESS Depositary Interests, each representing one London-listed share, giving Glencore access to Australian institutional investors and providing exposure to copper demand. The securities will not carry franking credits on dividends.

APAC

Jardine Matheson completes the acquisition of the remaining 50% stake in Gammon Construction from Balfour Beatty for £250m.

Jardine Matheson, an Asia-Pacific-focused diversified investment group, completed the acquisition of the remaining 50% stake in Gammon Construction, a construction and engineering company, from Balfour Beatty, an international infrastructure group, for £250m ($330m), according to press releases.

Jardine Matheson was advised by UBS and Clifford Chance (led by Bryan Koo). Balfour Beatty was advised by Bank of America and Hogan Lovells Cadwalader, according to press releases and MergerLinks data.

Malaysia’s King buys stake in miner expanding into rare earths. (Bloomberg)

Malaysia’s King Sultan Ibrahim Iskandar has acquired a 2.25% stake in Singapore-listed Southern Alliance Mining for SGD6.1m ($4.8m), as the iron ore miner expands into rare earths.

The company is pursuing rare earth projects, including one in Johor, the Malaysian state where Sultan Ibrahim is the ruler.

Jio Platforms said to draw more than $20bn in bids for IPO. (Bloomberg)

Jio Platforms has attracted more than $20bn in investor bids for its planned initial public offering, which could become India’s largest-ever IPO.

Global investors including Fidelity, Allianz and Capital Group, alongside other international and domestic institutions, have expressed interest in the offering.

Data center operator AirTrunk is said to delay $1.5bn IPO. (Bloomberg)

Blackstone-backed AirTrunk is delaying its planned $1.5bn real estate investment trust IPO in Singapore until 2027, as higher interest rates and market volatility weigh on investor demand.

The data center operator had initially planned to begin formally gauging investor interest in early October 2026, but has now postponed the listing process.

Hong Kong investigates IPO rigging, suspends Baicha stock. (Bloomberg)

Hong Kong’s Securities and Futures Commission is investigating suspected manipulation of Sichuan Baicha Baidao Industrial’s initial public offering, amid concerns that demand for its shares may have been artificially inflated.

The regulator ordered the suspension of the company’s trading from October 13 while it investigates the suspected IPO rigging. Baicha has a market value of HKD5.9bn ($752m).

Smartphone maker Transsion raises $390m in HK listing. (Bloomberg)

Shenzhen Transsion Holdings has raised HKD3.1bn ($395m) through a Hong Kong share sale, pricing 86.6m shares at HKD35.30 ($4.5) each, near the upper end of its marketed range.

The smartphone maker, which dominates the African market, is expected to begin trading in Hong Kong on October 15. Its Shanghai-listed shares have declined about 27% in 2026.

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