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AMERICAS

Aveanna Healthcare to acquire Family First Homecare from Trivest Partners.

Aveanna Healthcare, a diversified home care platform, agreed to acquire Family First Homecare, a provider of pediatric home‑care services, from Trivest Partners, a private equity firm, according to press releases. Financial terms are not disclosed.

Aveanna Healthcare is advised by Edge Healthcare Partners and Bass Berry & Sims. Family First Homecare is advised by JP Morgan, Robert W Baird and Greenberg Traurig, according to press releases.

RadiusDC to acquire data center and colocation business of PhoenixNAP.

RadiusDC, an operator of highly connected, urban-located data centers that provide telecommunication services, agreed to acquire data center and colocation business of PhoenixNAP, a data center-as-a-Service provider specializing in cloud-based infrastructure solutions for digital transformation, according to press releases. Financial terms are not disclosed.

RadiusDC is advised by JP Morgan, Gibson Dunn & Crutcher and Snell & Wilmer. PhoenixNAP is advised by Bank of America and Cleary Gottlieb Steen & Hamilton, according to press releases.

Esquire Financial to acquire Signature Bancorporation for $348m.

Esquire Financial, a financial holding company, agreed to acquire Signature Bancorporation, a full-service commercial bank holding company, for $348m, according to press releases.

Signature Bancorporation is advised by Raymond James and Vedder Price. Esquire Financial is advised by Piper Sandler and Luse Gorman, according to press releases.

ArcLight to acquire a 50% stake in Invenergy AMPCI Thermal Power from InfraBridge.

ArcLight, an infrastructure investor, agreed to acquire a 50% stake in Invenergy AMPCI Thermal Power from InfraBridge, a global infrastructure manager, according to press releases. Financial terms were not disclosed.

ArcLight is advised by Morgan Stanley and Stanton PRM (led by Charlyn Lusk). InfraBridge is advised by Bank of America, according to press releases.

Stonepeak-backed Astound Broadband to merge with GFiber.

Stonepeak-backed Astound Broadband, a provider of internet, Wi-Fi, mobile, TV services, landline phone and fiber-optic solutions, agreed to merge with GFiber, an internet service provider, according to press releases. Financial terms are not disclosed.

Stonepeak and Astound Broadband are advised by Joele Frank (led by Kate Thompson), according to press releases and MergerLinks data.

Henkel to acquire Not Your Mother’s from Main Post Partners.

Henkel, a multinational chemical and consumer goods company, agreed to acquire Not Your Mother’s, a line of hair care products, from Main Post Partners, a private equity firm, according to press releases. Financial terms were not disclosed.

Main Post Partners is advised by Morrison Foerster (led by Patrick Huard), according to MergerLinks data.

Savills to acquire Eastdil Secured for $1.11bn.

Savills, a real estate services provider, agreed to acquire Eastdil Secured, a real estate investment bank, for $1.11bn, according to press releases.

Eastdil Secured is advised by Joele Frank (led by Jonathan Keehner), according to MergerLinks data.

Elsevier to acquire Mytonomy.

Elsevier, a provider of advanced information and decision support in science and healthcare, agreed to acquire Mytonomy, a provider of healthcare cloud solutions, according to press releases. Financial terms were not disclosed.

Buyout shop Charlesbank to buy stake in Canada's Overbay Capital. (Bloomberg)

Middle-market private equity firm Charlesbank Capital Partners has agreed to acquire a stake in Overbay Capital Partners, valuing the Canadian secondaries firm at CAD200m ($147m).

Boston-based Charlesbank is making a strategic investment from its funds, while Overbay will remain a major long-term shareholder and retain full control over its investment activities.

Qatari-backed Irth Capital offers $47 a share to buy Papa John's. (WCJ)

Qatari-backed investment fund Irth Capital has offered $47 a share to acquire Papa John’s International, marking its second attempt after a joint bid with Apollo Global Management in 2025.

The offer would value the pizza chain at approximately $1.5bn.

Tilman Fertitta is in talks to buy Caesars for $7bn after topping bid from Icahn. (WCJ)

Billionaire Tilman Fertitta is in exclusive talks to acquire Caesars Entertainment for around $7bn, after outbidding a competing offer from billionaire investor Carl Icahn’s firm. Discussions are ongoing and may not result in a finalized transaction.

Netflix to pay as much as $600m for Ben Affleck's AI firm. (Bloomberg)

Netflix is set to acquire AI moviemaking company InterPositive, founded by Ben Affleck, in a deal valued at as much as $600m.

The transaction, paid in cash, could include additional payouts if the company meets certain performance targets. The acquisition marks one of the largest deals by the streaming giant in recent years, following its unsuccessful bid for Warner Bros. Discovery.

Xanadu to get $287m for data center as SPAC deal nears. (Bloomberg)

Xanadu Quantum Technologies is set to receive up to CAD390m ($287m) in government financial support to develop engineering and domestic manufacturing capabilities for its first quantum-powered data center in Ontario.

The funding is being negotiated as the company prepares to go public, highlighting government backing for its photonics-based approach to building large-scale quantum computers.

EMEA

NVIDIA to invest $2bn in Nebius.

NVIDIA, a technology company, agreed to invest $2bn in Nebius, a technology company that provides artificial intelligence infrastructure, according to press releases.

NVIDIA is advised by Houthoff (led by Paul de Vries) and Skadden Arps Slate Meagher & Flom, according to MergerLinks data.

EDEKA to acquire a majority stake in Tegut Group from Migros.

EDEKA, a company that owns and operates a chain of supermarkets that offers groceries and household products, agreed to acquire a majority stake in Tegut Group, a supermarket chain based in Fulda, Germany, from Migros, a retail company, according to press releases. Financial terms were not disclosed.

Migros is advised by Gleiss Lutz (led by Christian Cascante), according to press releases.

Cafani Group to acquire Capricorn Energy.

Cafani Group, a privately owned Saudi investment company, offered to acquire Capricorn Energy, an oil and gas exploration and development company, according to press releases. Financial terms were not disclosed.

Capricorn Energy is advised by Canaccord Genuity (led by Henry Fitzgerald-O'Connor), according to press releases.

VW's Everllence sale is contingent on Porsche SE becoming co-investor. (Reuters)

Volkswagen plans to make the sale of a majority stake in its Everllence subsidiary conditional on holding company Porsche SE becoming a co-investor with roughly a 10% stake.

While Volkswagen has been seeking competing bids for Everllence for months, it had not been previously reported that Porsche SE—the investment vehicle of the Piech and Porsche families that controls the VW Group—would take a guaranteed minority position.

Rosebank's Simon Peckham aims to "Buy, Improve, Sell" faster. (Bloomberg)

Rosebank Industries has raised £1.9bn ($2.54bn) from investors to finance the acquisition of two US companies, marking the largest equity placing on London’s Alternative Investment Market.

The company, founded by buyout veteran Simon Peckham and listed in 2024, has attracted more than £3bn ($4bn) in funding over the past year despite trade tensions, market volatility and concerns about raising capital in London.

ThyssenKrupp officials doubt whether Jindal Steel deal can be agreed. (Bloomberg)

Senior officials at Thyssenkrupp are growing increasingly doubtful that a deal to sell the company’s steel division to India’s Jindal Steel International can be reached.

Talks are stalling over key issues, including how much funding Jindal would provide to support Thyssenkrupp Steel Europe during a prolonged downturn in Europe’s steel market.

Italy's CDP sues Euronext over Milan bourse spat. (Reuters)

Italian state lender Cassa Depositi e Prestiti has filed a lawsuit in an Amsterdam court against pan-European exchange operator Euronext over the process to appoint a new chief executive for the Milan stock exchange.

The legal action reflects tensions between the two groups as Italian lawmakers within the ruling coalition raise concerns that Euronext could prioritize listings in France or other markets over Italian operations.

APAC

ONE and Yangzijiang to acquire a majority stake in Seaspan from Fairfax Financial and the Washington family for $2.7bn.

Ocean Network Express, a container transportation and shipping company, and Yangzijiang Shipbuilding, a shipbuilding and repairing commercial company, agreed to acquire a majority stake in Seaspan, an independent maritime asset owner and operator, from Fairfax Financial, a diversified financial holding company, and the Washington family for $2.7bn, according to press releases.

Ocean Network Express is advised by Citigroup and Latham & Watkins (led by David Kurzweil). Fairfax Financial is advised by Morgan Stanley, according to MegrerLinks data.

Foresight to acquire NZ Clean Energy.

Foresight, a private equity investment manager, agreed to acquire NZ Clean Energy, a developer and installer of utility-scale renewable energy infrastructure, according to press releases. Financial terms are not disclosed.

Mitsubishi Electric Corporation completes the investment in Elephantech.

Mitsubishi Electric Corporation, a Japanese multinational electronics and electrical equipment manufacturing company, completed the investment in Elephantech, an electronics manufacturing company, according to press releases. Financial terms were not disclosed.

Warburg Pincus explores options for Asian insurer Oona. (Bloomberg)

Warburg Pincus is exploring strategic options for Oona Insurance that could include a potential sale after receiving interest from insurers and investment firms.

The US private equity firm is working with Citigroup to review opportunities for the Southeast Asian digital general insurer. Deliberations are ongoing and may not result in a transaction.

Allianz and Sun Life weigh bids for HSBC Life Singapore. (Bloomberg)

Allianz and Sun Life Financial are considering bids for HSBC’s insurance unit in Singapore after the bank launched a strategic review of the business.

Japan’s Dai-ichi Life Holdings and Nippon Life Insurance may also submit offers for HSBC Life Singapore. A sale process began this month and non-binding bids could emerge in the coming weeks.

UI Boustead REIT sinks in debut after $764m Singapore IPO. (Bloomberg)

UI Boustead REIT shares fell in their market debut after the real estate investment trust raised about SGD973.6m ($764m) in Singapore’s largest initial public offering in 2026.

Units dropped as much as 9% below the SGD0.88 ($0.69) offer price before closing at SGD0.81 ($0.63), down 8.5%. The performance contrasts with a weighted average first-day gain of about 4.5% for Singapore IPOs over the 2025.

PayPay and SoftBank raise $879.8m in payments firm's US IPO. (Bloomberg)

PayPay and an affiliate of SoftBank Group have raised $879.8m in the digital payments company’s US initial public offering, marking the largest listing by a Japanese company on a US exchange in a decade.

The Tokyo-based firm priced American depositary receipts at $16 each, below the marketed range of $17 to $20. Each ADR represents one common share.

Logistics firm GLP seeks $20bn valuation in planned Hong Kong IPO. (Reuters)

Singapore-based logistics company GLP is considering a Hong Kong initial public offering that could value the business at about $20bn.

The company has held discussions with advisers, including Citi and Morgan Stanley, on the potential listing, which could take place as early as 2026. Deliberations are ongoing, and the timing and size of the offering have yet to be finalized.

Indian bourse NSE picks bankers and lawyers for $2.5bn IPO. (Bloomberg)

National Stock Exchange of India has appointed 20 banks to manage its long-awaited initial public offering.

The selected advisers include Kotak Mahindra Capital, JM Financial and Axis Capital, along with the Indian units of Morgan Stanley, Citigroup, JP Morgan and HSBC.

JP Morgan, UBS dropped hedge fund embroiled in HK probe. (Bloomberg)

JP Morgan and UBS have ended prime brokerage relationships with Infini Capital Management, the investment firm raided by authorities in Hong Kong during an investigation into alleged insider trading,

The two banks stopped providing services to Infini months before the probe became public.

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