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AMERICAS

Amcor and Berry Global shareholders approve the combination. (Press Release)

Amcor and Berry Global announced that shareholders of both companies overwhelmingly voted to approve the combination of these two companies. This approval satisfies the shareholder vote condition for the combination.

Berry Global is advised by Lazard (led by Richard Whitney), Wells Fargo Securities (led by Doug Braunstein), Skadden Arps Slate Meagher & Flom (led by C. Michael Chitwood) and Joele Frank (led by Michael Freitag, Adam Pollack and Joseph Sala). Financial advisors are advised by White & Case (led by Denise A. Cerasani). Amcor is advised by Goldman Sachs (led by Matthew McClure and Colin Convey), UBS (led by Nick Brown and Robin Rankin), Herbert Smith Freehills (led by Kam Jamshidi), Kirkland & Ellis (led by Jonathan Davis), Joele Frank (led by Ed Trissel and Tim Lynch) and Sodali & Co (led by James Strong), according to press releases and MergerLinks data.

Apollo to invest in Tenneco.

Apollo, a private equity firm, agreed to invest in Tenneco, a designer, manufacturer, and marketer of automotive products, according to press releases. Financial terms were not disclosed.

Tenneco is advised by Citigroup and Deutsche Bank. Apollo is advised by Barclays, Lazard and PJT Partners. American Industrial Partners is advised by Prosek Partners, according to press releases and MergerLinks data.

Blackstone to acquire Safe Harbor Marinas for $5.65bn.

Blackstone, a private equity firm, agreed to acquire Safe Harbor Marinas, a marina and superyacht servicing business, for $5.65bn, according to press releases.

Blackstone is advised by Wells Fargo Securities, Gibson Dunn & Crutcher (led by Marwan Azzi) and Simpson Thacher & Bartlett (led by Whitney Salinas). Debt financing is provided by Wells Fargo Securities, according to press releases and MergerLinks data.

BC Partners to invest up to $150m in ContextLogic.

BC Partners, an alternative investment manager, agreed to invest up to $150m in ContextLogic, a technology firm, according to press releases.

ContextLogic is advised by Rothschild & Co and Schulte Roth & Zabel. BC Partners is advised by Ocean Lane Partners, Proskauer Rose and Kekst CNC (led by Daniel Yunger), according to press releases and MergerLinks data.

IBM to acquire DataStax.

IBM, a provider of global hybrid cloud and AI, and consulting expertise, agreed to acquire DataStax, an AI and data solution provider, according to press releases. Financial terms were not disclosed.

IBM is advised by Paul Weiss Rifkind Wharton & Garrison (led by Steven Williams and Dotun Obadina), according to MergerLinks data and press releases.

An investor consortium led a $351m Series D round in Eikon Therapeutics.

An investor consortium led a $351m Series D round in Eikon Therapeutics, a pivotal-stage biotechnology company, with participation from Lux Capital, Alexandria Venture Investments, AME Cloud Ventures, The Column Group, E15 VC, Foresite Capital, General Catalyst, Soros Capital, StepStone Group, T. Rowe Price Associates and UC Investments, according to press releases.

Eikon Therapeutics is advised by Bioscribe, according to press releases.

DoubleVerify to acquire Rockerbox for $85m.

DoubleVerify, a software platform for digital media measurement, data and analytics, agreed to acquire Rockerbox, a marketing attribution company, for $85m, according to press releases.

DoubleVerify is advised by Crenshaw Communications (led by Chris Harihar), according to press releases.

Quest Diagnostics to acquire select laboratory assets from Fresenius Medical Care.

Quest Diagnostics, a provider of diagnostic information services, agreed to acquire select laboratory assets from Fresenius Medical Care, a provider of products and services for individuals with renal disease.

US payments firm Cantaloupe explores strategic options, including sale. (Reuters)

Cantaloupe is evaluating strategic options, including a potential sale or go-private transaction, as it considers its next move in the payments sector.

Based in Malvern, Pennsylvania, Cantaloupe provides digital payments technology and software for self-service businesses, including vending machines, car washes, and arcades. Its products are used across North America, Europe, and Australia.

EMEA

Multiply Group to acquire a 67.91% stake in Tendam from CVC and PAI Partners.

Multiply Group, an Abu Dhabi-based investment holding company, agreed to acquire a 67.91% stake in Tendam, a multibrand, omnichannel vertical apparel retailer, from CVC, a global private markets manager, and PAI Partners, a private equity firm, according to press releases. Financial terms were not disclosed.

Tendam is advised by Latham & Watkins, Ramon Hermosilla Abogados and Uria Menendez. Multiply Group is advised by Greenhill & Co, KPMG, Hogan Lovells and Weber Shandwick, according to press releases.

Kent completes the acquisition of Sudlows Consulting.

Kent, a provider of engineering services, completed the acquisition of Sudlows Consulting, a design and engineering firm specialising in data centres, according to press releases. Financial terms were not disclosed.

Sudlows Consulting was advised by Lumina Advisers and Gateley. Kent was advised by Deloitte (led by Sam Surrey) and Addleshaw Goddard (led by Philip Dowsett), according to press releases and MergerLinks data.

Alat and TK Elevator to form a €160m joint venture.

Alat, an advanced technologies and sustainable manufacturing company, and TK Elevator, a machinery industry corporation, agreed to form a €160m ($133m) joint venture, according to press releases.

ALAT is advised by Evercore, according to press releases and MergerLinks data.

DC-Datacenter-Group to acquire DCP Data Center Partners.

DC-Datacenter-Group, a company that specializes in data center development, planning, operation, and secure IT infrastructure solutions, agreed to acquire DCP Data Center Partners, a data center investment platform, according to press releases. Financial terms were not disclosed.

DCP is advised by DC Advisory, according to press releases and MergerLinks data.

ServiceNow completes the acquisition of Quality 360 from Advania.

ServiceNow, an AI platform for business transformation, completed the acquisition of Quality 360, a system that delivers AI-powered root cause analysis, automated issue detection, and structured resolution frameworks, from Advania, an information technology service corporation, according to press releases. Financial terms were not disclosed.

Igor Kim completes the acquisition of Volkswagen Bank Rus.

Igor Kim completed the acquisition of Volkswagen Bank Rus, Volkswagen's former finance arm in Russia. Financial terms were not disclosed.

Reckitt shortlists bidders for £5bn homecare sale. (Bloomberg)

Reckitt Benckiser has shortlisted bidders for its homecare brands sale.

Lone Star Funds, Advent, and Apollo Global Management have advanced to the next bidding round. The portfolio, including Airwick and Cillit Bang, could be valued at £4-5bn ($5-6bn).

Historically, Reckitt Benckiser has worked with Bank of America, Centerview Partners, Davis Polk & Wardwell and Linklaters, according to MergerLinks data.

Nextalia explores sale of Italian wealth firm Firstance. (Bloomberg)

Private equity firm Nextalia is exploring strategic options for Italian wealth tech firm Firstance, including a potential sale.

The Milan-based buyout firm has enlisted Rothschild & Co to assess interest in the business, which offers insurance brokerage services to institutional and high-net-worth clients. Firstance could be valued at around €250m ($263m) in a deal.

Historically, Nextalia has worked with KPMG and Chiomenti, according to MergerLinks data.

German regulator reviews UniCredit’s bid for 29.99% stake in Commerzbank. (Reuters)

Italian lender UniCredit has submitted its planned acquisition of a 29.99% minority stake in Germany's Commerzbank to the German Cartel Office for assessment.

The application is listed among current merger control proceedings on the regulator’s website.

Stroeer's sale uncertain as German economy falters. (Reuters)

The sale of German firm Stroeer's multi-billion-euro outdoor advertising business has hit a setback as two bidders hesitated over the price, citing concerns about the country’s economy.

Stroeer, a Germany outdoor advertiser, is seen as a key indicator of Europe's largest economy, which remains in recession and faces uncertainty amid ongoing government formation negotiations.

Unilever ditches CEO Schumacher in a surprise move. (Reuters)

Unilever has surprised investors by removing chief executive Hein Schumacher and appointing finance chief Fernando Fernandez as his replacement. Fernandez will focus on accelerating the execution of the consumer group's turnaround strategy.

Unilever's board, which includes billionaire activist investor Nelson Peltz, was unified in its decision to remove Schumacher.

APAC

Horizon Quantum Computing to go public via a SPAC merger with dMY Squared Technology Group in a $500m deal.

Horizon Quantum Computing, a developer of advanced software development tools for quantum computers, agreed to go public via a SPAC merger with dMY Squared Technology Group, a publicly traded special purpose acquisition company, in a $500m deal, according to press releases.

dMY Squared Technology is advised by ICR (led by Brian Denyeau), according to press releases.

PAG considers selling $1.2bn stake in India’s Nuvama. (Bloomberg)

Private equity firm PAG is exploring a sale of its majority stake in Mumbai-listed Nuvama Wealth Management.

Backed by Blackstone, PAG is working with advisers to review its 54% stake, which could lead to a partial or full sale.

Itochu will not participate in Seven&i buyout from founding family. (Reuters)

Japan’s Itochu has decided not to participate in the buyout of Seven & i planned by the retailer’s founding family.

After receiving a takeover bid from Canada’s Alimentation Couche-Tard last year, Seven & i’s founding Ito family began talks to take the company private in a deal estimated at $58bn. Itochu had considered investing $6.69bn but ultimately saw low synergies between its food and beverage business and Seven & i.

CICC to merge with Galaxy Securities to create China’s No.3 brokerage. (Reuters)

State-owned China International Capital is set to merge with China Galaxy Securities in a deal that will create the country’s third-largest brokerage with $193bn in assets.

The merger, marking the second major consolidation in China’s $1.6tn securities industry in recent months, has received approval from Chinese authorities and could be announced in the coming weeks.

Japan Post plans $4bn share sale in Japan Post Bank. (Reuters)

Japan Post is planning to sell shares in Japan Post Bank worth approximately JPY600bn ($4.02bn), marking the latest step in loosening ties between the two businesses.

The postal giant, whose shareholders include the Japanese government, aims to reduce its stake below 50%.

Zhizi plans $200m Hong Kong IPO. (Bloomberg)

Chinese electric truckmaker Zhizi Automobile Technology is exploring a potential initial public offering in Hong Kong, aiming to raise around $200m.

The company is in discussions with prospective advisers to prepare for the share sale. However, deliberations are still ongoing, and there is no guarantee that the IPO will proceed.

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