Allstate Unit Arity to Buy INRIX Assets in a Push to Own Mobility Intelligence
What happened Arity, the mobility data and analytics subsidiary of The Allstate Corporation, has agreed to acquire substantially all the assets of INRIX, the Bellevue, Washington-based provider of transportation intelligence and mobility analytics. The companies announced the agreement on 16 October 2026. Financial terms were not disclosed. Closing is expected in 2026, subject to customary […]
Penske and Mitsui Take Penske Automotive Private in a $16.3 Billion Deal
What happened On 15 October 2026, Penske Automotive Group agreed to be taken private by an acquisition vehicle owned by Penske Corporation and Mitsui & Co., the two investors that already control most of its stock. Public shareholders outside the investor group will receive $212.00 per share in cash, which values the company at an […]
Portugal Picks Lufthansa for 1.2 Billion Euro Stake in TAP Air Portugal
What happened On 14 October 2026, Portugal’s Council of Ministers selected Lufthansa Group as the strategic buyer for a minority stake in TAP Air Portugal, ending a competitive privatization race against Air France-KLM. Under the approved structure, Lufthansa will acquire 44.9% of TAP’s share capital, with up to a further 5% available if employees do […]
Samsung SDS Buys Woojung Air to Own Air Cargo Consolidation at Incheon
What happened On 12 October 2026 Samsung SDS signed a share purchase agreement to acquire 100 percent of Woojung Air Consolidation, a South Korean air cargo consolidator, with closing targeted before year-end. Price terms were not disclosed. Founded in 1999, Woojung Air buys cargo space under contracts with Korean and foreign airlines and fills it […]
ZEISS Acquires Ceres Holographics to Scale Automotive Windshield Displays
What happened ZEISS has acquired Ceres Holographics, the Livingston, Scotland specialist in hologram manufacturing and thin-film holographic optical elements. The business joins ZEISS Microoptics, the unit charged with industrializing holography for high-volume automotive, aerospace and consumer applications. Financial terms were not disclosed. The deal folds Ceres’ manufacturing know-how into ZEISS’ ProSight platform, the group’s core […]
C.H. Robinson to Acquire RXO for $5.8B, Reshaping North American Freight Brokerage
What happened On 5 October 2026, C.H. Robinson (Nasdaq: CHRW) and RXO (NYSE: RXO) announced a definitive agreement under which C.H. Robinson will acquire RXO in a stock-and-cash deal with an implied value of $5.8 billion. RXO holders are set to receive $17.25 in cash plus 0.0856 C.H. Robinson shares per share, an implied $30.25 […]
CMA CGM Closes $1.4 Billion FedEx Supply Chain Deal for CEVA
What happened On 1 October 2026 the CMA CGM Group said it had completed the purchase of FedEx Supply Chain, a subsidiary of FedEx Corp., at an enterprise value of 1.4 billion dollars. The unit moves into CEVA Logistics, the group’s logistics subsidiary, and closes a deal the parties first announced on 1 July 2026. […]
NIO and Geely Lock Battery Swap Equity Deal at RMB16 Billion Power Tag
China’s two most ambitious electric vehicle groups just moved battery swapping from a brand perk into a capital-markets partnership. NIO and Zhejiang Geely Holding Group signed definitive agreements that put Geely money and commercial-swap assets inside NIO Power while giving NIO a slice of Geely’s charging platform. What happened On 27 September 2026, NIO said […]
Royal Caribbean to Buy 50 Percent of Sandals for About $3 Billion
What happened Royal Caribbean Group has signed an agreement to take a 50 percent equity stake in Sandals and Beaches Resorts for about $3 billion, marking a major step from cruise and private destinations into the Caribbean all-inclusive resort market. The buyer frames the deal as a joint venture that pairs Sandals and Beaches resort […]
FedEx Advent Consortium Clears InPost Tender Threshold
Europes largest automated parcel-locker platform is leaving the public market. InPost said Friday that 89.81% of its shares were tendered into the recommended all-cash offer from a consortium led by FedEx and Advent International, clearing the 80% minimum acceptance threshold on a deal valuing the company at about EUR 7.8 billion. What happened The offer […]