Magellan Partners completes the acquisition of the MeTS business line from Worldline for €400m.

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AMERICAS

Mobilewalla to go public via merger with SPACSphere in a $250m deal.

Mobilewalla, a provider of data and vertical agentic AI solutions, is set to go public via merger with SPACSphere, a publicly traded special purpose acquisition company, in a $250m deal, according to press releases.

Mobilewalla is advised by Lucosky Brookman and Blueshirt Group (led by Nicole Kunzman). SPACSphere is advised by D. Boral Capital and Norton Rose Fulbright, according to press releases.

Berkshire Hathaway to acquire Taylor Morrison for $8.5bn.

Berkshire Hathaway, an American multinational conglomerate holding company, agreed to acquire Taylor Morrison, a homebuilder and land developer company, for $8.5bn, according to press releases.

Taylor Morrison is advised by Goldman Sachs, Moelis & Co, Mayer Brown and Simpson Thacher & Bartlett, according to press releases.

Admiral Group completes the acquisition of Flock Freight for £80m.

Admiral Group, a provider of insurance services, completed the acquisition of Flock Freight, a sustainability-focused digital freight provider, for £80m ($108m), according to press releases.

Admiral Group was advised by GP Bullhound and Clifford Chance. Flock Freight was advised by Continuum Advisory Partners and Osborne Clarke, according to press releases.

FedEx completes the spin-off of FedEx Freight.

FedEx, a multinational conglomerate holding company specializing in transportation, e-commerce, and business services, completed the spin-off of FedEx Freight, according to press releases.

FedEx was advised by Goldman Sachs, JP Morgan and Skadden Arps Slate Meagher & Flom (led by Paul Schnell), according to press releases and MergerLinks data.

Bogota Savings Bank to merge with GSL Savings Bank.

Bogota Savings Bank, a New Jersey chartered stock savings bank, agreed to merge with GSL Savings Bank, a New Jersey-chartered mutual savings bank, according to press releases. Financial terms were not disclosed.

GSL Savings Bank is advised by Silver Freedman Taff & Tiernan. Bogota Savings Bank is advised by Piper Sandler and Luse Gorman, according to press releases.

Hiab to acquire Labrie Environmental Group from Wynnchurch Capital for $1bn.

Hiab, a provider of smart and sustainable on-road load handling solutions, agreed to acquire Labrie Environmental Group, a refuse collection vehicle manufacturer, from Wynnchurch Capital, a private equity firm, for $1bn, according to press releases.

Hiab is advised by Morgan Stanley and Sidley Austin, according to press releases.

People to acquire the remaining shares in MGM Resorts International at an $18bn valuation.

People, America's largest digital and print publisher, offered to acquire the remaining shares in MGM Resorts International, an American multinational hospitality, sports and entertainment company, at an $18bn valuation, according to press releases.

Servier to acquire the muscular dystrophy business of Edgewise Therapeutics for up to $2.65bn.

Servier, a France-based global pharmaceutical company, agreed to acquire the muscular dystrophy business of Edgewise Therapeutics, a clinical‑stage biotechnology company, for up to $2.65bn, according to press releases.

Robo.ai completes the acquisition of Neurovia AI.

Robo.ai, an AI solutions provider in the UAE, completed the acquisition of Neurovia AI, a AI visual data processing and compression technology company, according to press releases. Financial terms were not disclosed.

Vertice completes the acquisition of Vendr.

Vertice, the AI procurement platform built for the modern enterprise, completed the acquisition of Vendr, a US software pricing firm, according to press releases. Financial terms were not disclosed.

Fibra MTY completes the acquisition of Fibra Macquarie for $1.7bn. (Bloomberg)

Fibra MTY, a Mexico‑based real estate investment trust, completed the acquisition of Fibra Macquarie, a Mexico‑focused real estate investment trust, for $1.7bn.

Activist investor Voss urges Sempra Energy to spin off its Oncor unit. (Seeking Alpha)

Voss Capital is urging Sempra Energy to spin off its Oncor unit, arguing the move would unlock significant shareholder value. The activist investor, which holds a minority stake, believes an independent Oncor Electric Delivery could become the highest‑growth US transmission utility.

Voss estimates a standalone Oncor could be worth up to $78bn by 2028, exceeding Sempra’s current market value. Sempra, which owns about 80% of Oncor, operates three distinct businesses, and the proposal highlights the activist pressure to separate assets and improve valuation clarity.

SpaceX reserves up to 5% of IPO stock for staff and friends. (Bloomberg)

SpaceX has allocated up to 5% of shares in its upcoming IPO to a directed share program for employees, as well as friends and family of senior executives. The move provides early access to stock for insiders ahead of what is expected to be one of the largest listings ever.

Participants in the program will not be subject to typical IPO lock‑up restrictions, allowing them greater flexibility to sell shares after the listing. The disclosure adds detail to SpaceX’s ongoing IPO preparations, though overall deal size, timing, and valuation remain under discussion.

Honeywell-backed Quantinuum boosts IPO target to $1.46bn. (Bloomberg)

Quantinuum, the quantum‑computing company backed by Honeywell, has increased the size of its planned US IPO to as much as $1.46bn. The move reflects stronger demand for shares in advanced computing and AI‑adjacent businesses.

The company now plans to offer 26.5m shares priced between $53 and $55, up from a previous range of $45–$50 for about 21m shares. The revised terms position Quantinuum among the larger tech IPOs in the market as it seeks to capitalise on growing investor interest in quantum computing.

Apotex Health launches its initial public offering. (Press Release)

Apotex Health has launched its Canada IPO, targeting gross proceeds of around $1bn, including a mix of primary and secondary shares. The Toronto‑based pharmaceutical company plans to offer 41.7m–50m shares priced between $20 and $24 each.

The offering includes up to ~$850m of new shares issued by Apotex and ~$150m from selling shareholders. The company has applied to list on the Toronto Stock Exchange, with RBC Capital Markets, TD Securities and Scotiabank acting as joint global coordinators, as it seeks to raise capital to support growth in generics, biosimilars and branded products.

EMEA

Motorola Solutions to acquire D-Fend Solutions for $1.5bn.

Motorola Solutions, a data communications and telecommunications equipment provider, agreed to acquire D-Fend Solutions, a technology company providing counter‑drone and anti‑UAS solutions, for $1.5bn, according to press releases.

D-Fend Solutions is advised by Jefferies & Company, according to MergerLinks data.

FSN Capital Partners-backed Nordlo completes the acquisition of Nethouse.

FSN Capital Partners-backed Nordlo, a Swedish IT group, completed the acquisition of Nethouse, a company specialized in cybersecurity, cloud and infrastructure, according to press releases. Financial terms were not disclosed.

Defence group CSG still pursuing stake in Franco-German tank maker. (FT)

Czechoslovak Group is continuing to pursue a potential stake acquisition in KNDS, the Franco‑German tank manufacturer, with ongoing discussions involving shareholders despite changes to the group’s ownership structure ahead of a planned IPO. CSG has not yet made a formal offer, but described the potential deal as “transformative.”

The process comes as Germany negotiates to acquire a 40% stake in KNDS, while France is expected to align its holding at a similar level, reshaping control of the business. CSG aims to acquire shares from existing German family owners as part of the IPO, highlighting continued interest in consolidation across Europe’s defence sector.

EasyJet open to takeover offer, says timing 'opportunistic' as shares soar. (Reuters)

easyJet indicated it would consider any potential takeover proposal after Castlelake confirmed it is in the early stages of evaluating a possible bid. The airline described the timing as “opportunistic,” citing pressure on its share price from external factors including geopolitical risks and regulatory challenges.

Castlelake, which holds a ~2.1% stake in easyJet, has until June 26 under UK takeover rules to make a firm offer or walk away. Shares in easyJet jumped as much as 12% on the news, though any full takeover may face regulatory constraints given ownership rules in the European aviation sector.

EDP to start €200m stake sale of Iberia solar assets. (Bloomberg)

EDP is preparing to launch a process to sell a minority stake in its Iberian distributed solar generation portfolio. The Portuguese utility is seeking to divest up to a 49% stake.

The transaction could value the stake at up to €200m ($233m), with the portfolio comprising around 500MW of capacity serving industrial and commercial clients. Discussions remain private, and no final decision or timeline has been confirmed.

Saudi contractor’s owners seek up to $800m in Riyadh IPO. (Bloomberg)

Mutlaq Al‑Ghowairi Contracting is seeking to raise up to SAR3bn ($800m) in a planned Riyadh IPO, which would mark one of the Gulf’s first major listings in 2026. The Saudi contractor’s shareholders are offering a 30% stake through the sale of 240m shares.

The shares are priced between SAR11 ($2.9) and SAR12.5 ($3.3), implying a potential market value of up to SAR10bn ($2.65bn) at the top of the range. The offering comes as Saudi Arabia’s capital markets continue to attract listings tied to infrastructure and development projects.

APAC

Topicus.com to acquire ReadyTech for $177m.

Topicus.com, a Dutch technology company, offered to acquire ReadyTech, an Australian software provider, for $177m, according to press releases.

Topicus.com is advised by Rothschild & Co, Allens and New World Communications (led by Justin Clark). ReadyTech is advised by Jefferies & Company, according to press releases.

Ince Capital and China Life Insurance led a $200m funding round in Vast. (Bloomberg)

Ince Capital, a venture capital firm, and China Life Insurance, an insurance and financial services group, led a $200m funding round in Vast, a technology company developing AI‑generated 3D environments and immersive digital communities, with participation from Genesis Capital, Eminence Ventures and Primavera Venture Partners.

TBS Energi to explore fundraising options for Cora Environment. (DealStreetAsia)

TBS Energi is exploring a ~$150m fundraising for its waste‑management platform Cora Environment, through a mix of primary and secondary capital. The process, advised by Rippledot Capital, would involve selling a minority stake to financial and strategic investors.

Proceeds are expected to support expansion and debt reduction following the 2025 acquisition of Sembcorp’s waste‑management business, now integrated into Cora. Discussions remain early‑stage, with TBS publicly indicating it continues to evaluate strategic options as part of its shift toward low‑carbon sectors.

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