Deals — page 2
Modine to Combine Performance Technologies With Gentherm
The Reverse Morris Trust deal is expected to close October 1, 2026, creating a scaled thermal-management company with Modine shareholders owning 40%.
ConnectOne Bancorp to Buy First Community Bank for $1.05 Billion
The Southeast regional lender will pay $10.50 a share in cash and stock, a 25% premium to First Community’s September 9 close.
Axogen to Buy BioCircuit Technologies in $200 Million Cash Deal
The peripheral-nerve-repair company said the purchase of NerveTape, the first FDA-approved sutureless repair device, will broaden its addressable market.
Arrow Financial to Acquire Skene Valley Agency
The Glens Falls bank holding company said the deal will expand Upstate Agency’s insurance operations in Washington County.
Copart to Buy ACV in $1.9 Billion Cash Deal
The online vehicle-auction operator will pay $10.50 a share to add a digital dealer-to-dealer wholesale platform and close by year-end 2026.
Sysco to Buy Jetro Restaurant Depot
The foodservice distributor said the deal would create a preeminent multi-channel foodservice distribution platform.
Plains All American Completes 100% Stake in EPIC Crude
The pipeline operator now owns the full EPIC Crude Holdings system and serves as operator of record of the Cactus III Pipeline.
NorthWestern Energy to Merge with Black Hills in All-Stock Deal
The combination of two Midwest utilities is structured as a merger of equals that would create a parent named Bright Horizon Energy.
Enbridge to Buy Tallgrass Energy in $2.55 Billion Cash Deal
The Canadian energy company said the purchase links Bakken, Powder River Basin and Denver-Julesburg crude through Cushing and complements its Express-Platte system.
Centerspace to Merge With Independence Realty Trust in $8.1 Billion Deal
The all-stock combination of two middle-market apartment REITs is expected to be about 5% accretive to 2027 Core FFO per share on a leverage-neutral basis.
Analog Devices to Buy Alif Semiconductor in $1.35 Billion Cash Deal
The analog chipmaker said the purchase accelerates its “Physical Intelligence” push, pairing Alif’s digital processing with ADI’s sensing, power, and connectivity stack.
Alcoa to Buy South32 Assets in $4.1 Billion Deal
The aluminum producer will take Worsley Alumina, Hillside Aluminum and Brazil operations for $3.1 billion in cash plus about 17 million shares.
Worthington Steel to Close Kloeckner Deal by January 2027
The metals processor said it is combining with Kloeckner to realize opportunities ahead in the metals-processing business.
WaFd to Buy EverBank Financial in $3.9 Billion Stock Deal
The Seattle-based lender said the all-stock combination is expected to be significantly accretive to earnings per share in 2027.
Solaris Energy Infrastructure to Buy Omega Foundation Services
The Houston power-infrastructure company said the deal adds specialized EPC and heavy civil construction to its full-cycle offering.
GE Aerospace to Buy Consolidated Precision Products for $11.75 Billion
The engine maker said the mixed-structure purchase of a casting supplier is meant to expand capacity across commercial engines, aftermarket and defense.
Franklin Electric Completes $350 Million Cat Pumps Deal
The pump maker closed a mixed cash-and-stock purchase that adds high-pressure technology and an industry-leading brand to its commercial and industrial flow control platform.
First Citizens Bank to Buy $5 Billion of BMO Deposits
The asset purchase adds $650 million in loans and extends the bank’s relationship-banking network nationwide.
Circle to Acquire Tazapay to Expand USDC Payouts
The stablecoin issuer said the deal will add 60-plus banking and fintech partners and 100-plus payout markets to its ecosystem.
Chime to Buy Stride Bank in $590 Million Cash Deal
The digital bank said the national charter and Stride’s infrastructure will underpin an end-to-end platform built for the AI era.
Bad Boy Mowers to Buy Excel Industries in Asset Deal
Stanley Black & Decker said the sale refines its portfolio and concentrates resources on higher-growth opportunities.
SoundHound AI to Acquire LivePerson in All-Stock Deal
The voice-AI company said the combination pairs its agentic voice platform with LivePerson’s digital messaging to create an end-to-end omnichannel engagement stack.
Flex to Buy EPC Power in $4.4 Billion Deal
The electronics manufacturer said the purchase expands its Cloud and Power Infrastructure unit as data centers shift to 800V power architectures.
Equity Bancshares to Buy Lincoln Bancorp for $123.8 Million
The Wichita-based holding company said the mixed stock-and-cash deal builds on its Iowa footprint and is expected to close in the fourth quarter of 2026.
Diversified Energy to Buy Birch Permian Holdings for $1.8 Billion
The deal is the largest in the company’s 25-year history and is expected to add about 68 Mboepd of operated Permian production.
Bank7 to Buy Century Financial in $91 Million Cash Deal
The Oklahoma City bank holding company said the purchase would create a combined Southwest organization with about $3.4 billion in assets.
Apogee Enterprises to Buy SIA GroGlass for Up to €62.5 Million
The all-cash deal is expected to add coating technologies, materials-science expertise and a European manufacturing footprint to Apogee’s Performance Surfaces Segment.
AbbVie Completes $10.9 Billion Cash Purchase of Apogee
The immunology-focused drugmaker closed the all-cash deal that folds a late-stage atopic dermatitis antibody and a respiratory pipeline into its franchise.
Vertiv to Buy Utility Innovation Holdings for $1.45 Billion
The all-cash deal adds microgrid controls, onsite generation and storage orchestration, with up to $1.15 billion more tied to EBITDA targets.
Skyworks to Close Qorvo Combination Within Calendar Year
The analog and mixed-signal semiconductor maker said regulatory approvals are progressing and it is preparing to close as early as within the fiscal year.
Hope Bancorp to Close SMBC MANUBANK Unit Purchase
The regional lender said the all-cash asset purchase of the commercial banking unit is expected to close early in the fourth quarter of 2026.
G-III Apparel Group to Acquire Marc Jacobs Brand
The apparel licensing company said the deal targets $1 billion in long-term annual revenue and will accelerate its shift to owned brands.
LongRange Capital to Buy Pizza Hut Ex-China for $1.5 Billion
Yum! Brands said the sale completes a strategic review begun in late 2025 and leaves it a more focused company.
United Community Banks Completes $2.0 Billion Navitas Sale
The Southeastern lender closed the all-cash sale of its equipment finance unit to Wafra funds, sharpening its focus on relationship banking.
Public Storage to Buy PS Canada in $1.2 Billion Deal
The self-storage operator will take direct ownership of 68 Canadian properties, extending its platform beyond the U.S. and Shurgard Europe.
Limbach Holdings to Buy 1901 Inc. for $63 Million
The building systems firm said the all-cash deal will create its largest electrical operation and deepen Midwest scale.
Korn Ferry to Buy AMS in $1.1 Billion Cash-and-Stock Deal
The global consulting firm will fold AMS’s recruitment and early-careers franchises into a combined talent and organizational practice.
Keurig Dr Pepper to Sell Chobani Stake for $925 Million
The beverage company will use net proceeds to reduce debt as it positions Beverage Co. and Global Coffee Co. for long-term success.
Graco to Buy Valco Melton in $447 Million Cash Deal
The fluid-handling equipment maker said the purchase adds precision adhesive dispensing and vision-based quality-assurance systems to its Industrial division.
Enovis to Buy eCential Robotics in €155 Million Deal
The surgical enabling technology company will fold robotic automation into its ASTRA platform, with up to €35 million in milestone payments.
SOCAR to Buy Haynesville Interests From Comstock for $1.65 Billion
The Azerbaijan state oil company will take non-operated stakes in Comstock’s Legacy and Western Haynesville assets plus a slice of Pinnacle Gas Services, with a reversion that trims its Western interest after a 15% return.
NextEra Energy Resources to Buy Florida Energy Pathway
The renewable-energy developer will take a stake in a $1.2 billion south Florida gas pipeline that Chesapeake Utilities had planned to partner on.
American Healthcare REIT to Buy Kensington Senior Living for $572 Million
The healthcare REIT said the eight-community asset purchase extends its higher-acuity senior housing platform in affluent, supply-constrained U.S. markets.
Trilogy Metals to Close $35.6 Million U.S. War Investment
The Alaska copper explorer said definitive agreements with the Department of War are signed and closing is expected in September 2026.
Tidewater Closes $500 Million Wilson Sons Ultratug Deal
The offshore vessel operator completed its all-cash purchase of 22 platform supply vessels, adding Brazilian-built tonnage to a pro forma fleet of 213 OSVs.
SLB to Buy Kelvion in $3.4 Billion Cash Deal
The energy-services company said the purchase adds thermal-management technology to its Data Center Solutions business.
Construction Partners to Buy Asphalt Express in Asset Deal
The vertically integrated civil infrastructure company said the purchase adds liquid asphalt supply and transportation in Oklahoma and North Texas.
ONEOK to Buy Brazos Permian Assets for $4.425 Billion
The midstream company said the Midland Basin gathering and processing platform advances its wellhead-to-water strategy and adds long-term contracted volume.
Lion Equity Partners to Buy Myers Tire Supply North America for $30 Million
Myers Industries will sell the tire-supply unit to complete a Focused Transformation toward engineered resin and composite products.
Helix to Combine With Hornbeck in All-Stock Deal
Hornbeck shareholders will own about 55% of the combined offshore-services company, which the parties said will span deepwater energy, defense and renewables.