Wittington Investments and Fairfax to acquire UK & Ireland retail operations of The Boots Group from Sycamore Partners for $8.9bn.

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AMERICAS

Viatris to acquire Pacira BioSciences for $1.65bn.

Viatris, a global healthcare company, agreed to acquire Pacira BioSciences, a provider of innovative non-opioid pain therapies, for $1.65bn, according to press releases.

Viatris is advised by Centerview Partners, Morgan Stanley and Cravath Swaine & Moore. Pacira BioSciences is advised by Goldman Sachs and Ashurst Perkins Coie, according to press releases.

DTI to acquire Saltire Energy for $80m.

DTI, a oilfield services company, agreed to acquire Saltire Energy, a provider of rental drilling tools, for $80m, according to press releases.

DTI is advised by Evercore, Winston Taylor and Dennard Lascar (led by Ken Dennard). Saltire Energy is advised by Piper Sandler and Pinsent Masons, according to press releases.

Bernhard Capital Partners completes the acquisition of Revenew from Sentinel Capital for $189.2m.

Bernhard Capital Partners, a service and infrastructure-focused private equity management firm, completed the acquisition of Revenew, a specialty professional services platform providing cost recovery and cost containment solutions, from Sentinel Capital, a private equity firm, for $189.2m, according to press releases.

Bernhard Capital Partners was advised by Kirkland & Ellis and Prosek Partners. Sentinel Capital was advised by BlackArch Partners and Herbert Smith Freehills Kramer (led by Adi Herman, Ernest Wechsler and John Lagrou), according to press releases and MergerLinks data.

Pacolet Milliken completes the acquisition of Georgia Renewable Power.

Pacolet Milliken, a sustainability-focused, family-owned investment firm, completed the acquisition of Georgia Renewable Power, a renewable energy company, according to press releases. Financial terms were not disclosed.

Pacolet Milliken was advised by Genesis Capital and Vinson & Elkins. Debt financing was provided by Manulife Wealth & Asset Management. Manulife Wealth & Asset Management was advised by Day Pitney, according to press releases.

Grovecourt-backed Guide Architecture completes the acquisition of MAIA Consulting.

Grovecourt-backed Guide Architecture, a national architecture and interior design firm, completed the acquisition of MAIA Consulting, a healthcare consulting firm specializing in medical equipment planning and related services, according to press releases. Financial terms were not disclosed.

Guide Architecture was advised by Greenberg Traurig and Gregory FCA. MAIA Consulting was advised by Wilkinson Barker Knauer, according to press releases.

Kian Capital completes the acquisition of Integrity Landscape.

Kian Capital, a private equity firm, completed the acquisition of Integrity Landscape, a full-service commercial landscape services provider, according to press releases. Financial terms were not disclosed.

Integrity Landscape was advised by CCG Advisors. Kian Capital was advised by MiddleM Creative, according to press releases.

LongWater completes the acquisition of a majority stake in Blastco.

LongWater, an alternative asset management firm, completed the acquisition of a majority stake in Blastco, a provider of surface preparation, industrial coatings and tank rehabilitation services, according to press releases. Financial terms were not disclosed.

LongWater was advised by Katz Sapper & Miller and Ice Miller, according to press releases.

Monomoy Capital Partners completes the acquisition of minority stake in Creedence Energy Services from Tower Arch Capital.

Monomoy Capital Partners, a private equity firm, completed the acquisition of minority stake in Creedence Energy Services, a supplier of production and midstream chemicals and provides technical and analytical services to oil and gas operators, from Tower Arch Capital, a lower-middle market private equity firm, according to press releases. Financial terms were not disclosed.

Tower Arch Capital and Creedence Energy Services were advised by KeyBanc Capital Markets and Gibson Dunn & Crutcher, according to press releases.

Stark Power completes the acquisition of energy campus in Minnesota from Ultra Capital and Panamint Capital.

Stark Power, a power-first infrastructure company, completed the acquisition of energy campus in Minnesota from Ultra Capital, a fund management firm, investing in energy transition, focusing on the accelerating trend toward decarbonization, and Panamint Capital,an operator of an investment energy company, according to press releases. Financial terms were not disclosed.

Stark Power was advised by Verdonck Partners and Orrick Herrington & Sutcliffe, according to press releases.

GrowGeneration completes the acquisition of Order Junky.

GrowGeneration, a supplier of specialty products for controlled environment agriculture, commercial cultivation, and garden centers, completed the acquisition of Order Junky, a digital B2B ordering, CRM and sales platform, according to press releases. Financial terms were not disclosed.

GrowGeneration was advised by KCSA Strategic Communications (led by Phil Carlson), according to press releases.

Brio Platform to merge with Losange Finance.

Brio Platform, a fund and LP operations software company, agreed to merge with Losange Finance, a fund services firm providing tailored back-office solutions to private equity funds and venture capital funds, according to press releases. Financial terms were not disclosed. The combined entity will operate as Stellé.

Brio Platform is advised by Boulevard Public Relations, according to press releases.

Century Communities completes the acquisition of HistoryMaker Homes.

Century Communities, a provider of new single-family homes, townhomes, and attached housing in planned communities to individual homebuyers, completed the acquisition of HistoryMaker Homes, a homebuilder and builds exclusively in the Dallas-Fort Worth metroplex, according to press releases. Financial terms were not disclosed.

HistoryMaker Homes was advised by Vestra Advisors, according to press releases.

Acuity Knowledge Partners completes the acquisition of Continuus.

Acuity Knowledge Partners, a provider of research, analytics and technology solutions, completed the acquisition of Continuus, a data analytics and cloud consulting firm, according to press releases. Financial terms were not disclosed.

Continuus was advised by Envoy Capital Advisors, according to press releases.

TD SYNNEX to acquire BlueStar.

TD SYNNEX, a distributor and solutions aggregator for the IT ecosystem, agreed to acquire BlueStar, a specialty distributor recognized for its expertise in automatic identification and data capture, operational technology, mobility, RFID, point-of-sale, digital signage, networking, robotics and security technologies, according to press releases. Financial terms were not disclosed.

TD SYNNEX was advised by JP Morgan, according to MergerLinks data.

Hightower Advisors completes the acquisition of Synergy Capital Solutions.

Hightower Advisors, a wealth management firm, completed the acquisition of Synergy Capital Solutions, a solutions-based wealth management practice, according to press releases. Financial terms were not disclosed.

Hightower Advisors was advised by Prosek Partners, according to press releases.

Ellisons invest about $17bn in Warner Bros. takeover. (Bloomberg)

David Ellison and his family invested about $17bn to complete Paramount Skydance’s acquisition of Warner Bros. Discovery.

Ellison and his family acquired an estimated 1.4bn shares in a stock offering at $12 per share.

Anglo American threatens to close Brazilian nickel operation if EU blocks sale to MMG. (Reuters)

Anglo American is likely to shut down its Brazilian nickel operation if EU antitrust regulators block its proposed $500m sale to Hong Kong-listed mining and metals company MMG.

Anglo American Brazil COO Ruben Fernandes and Brazil CFO Cristina Morgan will argue that the transaction would not harm European stainless steel producers.

Medical device maker Centinel Spine discloses revenue rise in US IPO filing Dy Draauan Vali. (Reuters)

Medical device maker Centinel Spine reported a 42% increase in first-half revenue in its filing for a US initial public offering, as the company moves toward a potential listing amid a challenging market backdrop.

The filing comes as rising bond yields and elevated interest rates have dampened investor appetite for new listings, prompting several major companies to delay their IPO plans.

Blue Origin IPO makes sense within next few years, Bezos says. (Bloomberg)

Blue Origin is likely to pursue an initial public offering within the next several years after raising billions of dollars in its first outside funding round.

The space company, founded by Bezos, has raised external capital as it continues to expand its launch and space infrastructure business.

Hertz lenders team up with advisers as possible debt fight looms. (Bloomberg)

Creditors of Hertz Global Holdings are organizing into at least two groups as they prepare to negotiate with the car rental company over billions of dollars in debt coming due in the next few years.

A consortium of secured lenders is working with Evercore and Gibson Dunn & Crutcher, while Canadian investment firm Canso Investment Counsel, which holds both secured and unsecured debt, is part of a separate group that has retained Houlihan Lokey and Ropes & Gray. The groups are preparing for potential discussions with Hertz as the company faces upcoming debt maturities.

EMEA

IMI to acquire iSMA CONTROLLI from B.Group for €63m.

IMI, a provider of designing, building, and servicing engineered products in fluid and motion control applications, agreed to acquire iSMA CONTROLLI, a provider of a wide range of building management solutions and products, from B.Group, the company investing in the Italian region, for €63m ($70.6m), according to press releases.

IMI is advised by FGS Global (led by Faeth Birch). B.Group is advised by Rothschild & Co, according to press releases and MergerLinks data.

EasyJet sees Apollo takeover on track for completion in 2027. (Bloomberg)

Apollo Global Management’s £5.7bn ($7.5bn) acquisition of EasyJet is on track to close early in 2027, according to EasyJet Chief Executive Officer Kenton Jarvis.

Jarvis said he saw little opposition from shareholders, while regulatory approval remains the main outstanding hurdle.

Italy's Caltagirone deals blow to Monte dei Paschi defence plan against Intesa. (Reuters)

The holding company of Italian entrepreneur Francesco Gaetano Caltagirone plans to vote against Monte dei Paschi di Siena’s proposals to acquire Banco BPM and Banca Generali.

The decision is a setback for MPS Chief Executive Luigi Lovaglio as he seeks to strengthen the bank and fend off a takeover bid from market leader Intesa Sanpaolo.

Denmark's CenSec and Airbus sign deal on cooperation. (Reuters)

Denmark’s CenSec, a business cluster for companies and researchers in defense, space and security, has signed a partnership agreement with Airbus Defence and Space to strengthen cooperation with Danish companies and research institutions.

The partnership will focus in part on Airbus programs including the A400M military transport aircraft and A330 MRTT tanker aircraft.

Polish debt collector Kruk eyes US and UK as Europe loses momentum. (Bloomberg)

Polish debt collector Kruk is accelerating its expansion into the US and UK as it seeks new sources of growth beyond continental Europe.

The company is considering direct purchases of debt portfolios as well as opportunistic acquisitions of profitable competitors in the two markets, Chief Executive Officer Piotr Krupa said in an interview. Krupa, who founded Kruk, owns an 8.7% stake in the company.

APAC

SK Hynix's flash memory unit said to pick banks for 2027 US IPO. (Bloomberg)

SK Hynix’s Solidigm has selected Goldman Sachs and Morgan Stanley as lead banks for a potential US initial public offering in 2027 that could raise about $10bn.

The flash memory maker is also working with the two banks to finalize a pre-IPO funding round. Terms of the potential offering have not yet been finalized.

Nvidia-backed Firmus to close books as IPO struggles. (Bloomberg)

Australian data center company Firmus Grid closed the books on its initial public offering as investors raised concerns that the struggling deal could be pulled.

The bookbuilding closed as scheduled in Australia, but the company had struggled to attract sufficient demand for its AUD11 ($7.66) marketed share price. The final price and structure of the offering had not been determined at the time of closing.

Malaysian chip firm SQAI to plan $73m IPO in early 2027. (Bloomberg)

Malaysian semiconductor firm SQ Advanced Interconnect is considering raising about MYR300m ($73m) in an initial public offering in the first quarter of 2027.

The Penang-based company, which also operates a plant in China, could seek a valuation of up to MYR1.5bn ($366.8m) in the listing. Terms of the potential offering, including its size and timing, have yet to be finalized.

Tencent mulls $5bn bond offering as AI push ramps up. (Bloomberg)

Tencent Holdings is considering an offshore bond sale of as much as $5bn as technology companies increasingly turn to debt markets to fund growing artificial intelligence investments.

The notes could be denominated in US dollars and offshore yuan, with the offering potentially coming as early as October 2026. Terms of the potential sale have not been finalized.

Reliance may be a cheaper way to buy Jio after its listing. (Bloomberg)

Reliance Industries’ shares could offer investors a cheaper way to gain exposure to Jio Platforms after the telecom unit lists, with analysts estimating a substantial discount to the value of its stake.

Reliance’s share price implies a roughly 36% discount on its two-thirds holding in Jio, according to Nimish Maheshwari, co-founder of independent research firm Beat The Street. Maheshwari estimates a sustainable discount of about 25%, broadly in line with the valuation applied to Bharti Airtel’s holdings in its listed subsidiaries.

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