Navitas Semiconductor Corp. (NVTS) has agreed to acquire Claros Inc., a power management solutions company, in a transaction valued at up to approximately $232.8 million. The acquisition is expected to close before year-end 2026. The transaction includes approximately $216 million payable at closing...
H.B. Fuller Company (FUL), an adhesives company, said on Monday that it has rejected Ancora's unsolicited, non-binding proposal to acquire its Building Adhesives Solutions business. The $1.1 billion to $1.2 billion proposal is substantially below precedent transactions and doesn't represent full value...
Exchange Income Corp. (EIF.TO), a diversified acquisition-oriented company, on Monday announced an agreement to acquire TerraPro Inc. for $30 million through a plan of arrangement. The acquisition is expected to close in early fourth quarter 2026. The purchase price will be funded through the...
The Descartes Systems Group Inc. (DSGX, DSG.TO), a Canadian technology company, Monday announced that it has acquired Tai Software, a California-based provider of AI-powered transportation management solutions for freight brokers, in a deal valued at about $100 million. Tai's platform helps brokers...
nVent Electric plc (NVT) announced Monday a definitive agreement to acquire Maverick Power for $1.75 billion. The deal is expected to strengthen nVent's position in the high-growth data center infrastructure market. The purchase price includes potential additional cash consideration of up to $550...
Werewolf Therapeutics (HOWL) and Ambros Therapeutics have entered into a definitive merger agreement to combine in an all-stock deal. The combined company will focus on advancing Ambros Therapeutics neridronate development program in Complex Regional Pain Syndrome Type 1. Upon completion, the combined...
Forbright Bank, a unit of Forbright Inc. (FRBT) said Friday it has agreed to sell its legacy branches in the Washington, D.C., area and associated deposits to Trustar Bank. "Our national businesses have reached the scale and momentum that allow us to focus our capital, technology, and management attention...
James Hardie Industries PLC (JHX, JHX.AX) announced an agreement to sell its sustainable walling and flooring solutions business, Fermacell, in Europe to Swiss building materials major Holcim AG (HLB.F, HCMLF, HOLN.SW) for €840 million or around $980 million, in cash. Further, James Hardie, a provider...
Thursday, Sintana Energy Inc. (3ZX1.F) announced an agreement to acquire a 44% interest in Maravilla Oil and Gas (Pty) Ltd., a privately held, Namibian company indirectly controlled by Knowledge Katti, a Non-Executive Director of the company. The total consideration of $6.5 million includes a $0.5...
Technology company ScanSource, Inc. (SCSC) announced Thursday a definitive agreement to acquire privately-held IT solutions integrator MicroAge for $220.5 million in an all-cash transaction. The acquisition adds higher-margin capabilities and expands ScanSource's reach in strategic growth technologies,...
Japan's Mitsubishi Electric Corp. (MIELY, MIELF, 6503.T) announced Thursday an agreement to acquire US-based PCI Energy Solutions for a purchase price of $1.40 billion. The deal is expected to be completed in 2026, subject to the receipt of applicable regulatory approvals and the satisfaction or...
Uber Technologies Inc. (UBER), a ride-hailing and mobility company, on Thursday announced that Baidu Inc.'s (BIDU, 9888.HK) fully driverless Apollo Go vehicles are now available to riders on the Uber platform in Dubai. The launch is part of a multi-year strategic partnership to scale thousands of...
Essity AB (ESSITY-B.ST, ETTYF, ESSITY_A.ST, ESSITY_B.ST), a Swedish hygiene and health products company, said that it has inked a deal to acquire feminine care business of Kenvue Inc. (KVUE) in Brazil for $284 million on a cash and debt-free basis. The acquisition will boost Essity's position in feminine...
Veralto (VLTO) has entered into a definitive agreement to acquire Cleanwater for $465 million. After considering estimated tax benefits, the net purchase price is approximately $452 million. The company expects the acquisition to be neutral to modestly accretive to adjusted earnings per share in 2027...
International Public Partnerships Limited (INPP.L), an infrastructure investment company, on Wednesday said it has agreed to divest its stakes in nine UK private-public partnership projects (PPP) for more than £58 million. The portfolio comprises 15 schools across four London boroughs, delivered...
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.