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 […]
Mankind Pharma Buys 70% of Armed Cell Therapeutics for 48 Million Euros to Enter Next-Generation CAR-T
What happened Mankind Pharma, the New Delhi-based drugmaker, has agreed to acquire a 70 percent stake in Armed Cell Therapeutics B.V. (ACTx), a Belgium-incorporated biotechnology company developing next-generation CAR-T cell therapies for cancer. The company announced the definitive agreement on 15 October 2026. Mankind will invest EUR 48 million for the stake, paid in installments, […]
Proofpoint to Buy Varonis for $6.3 Billion to Build a Data and AI Security Platform
What happened Proofpoint, the email and human-risk security company owned by private equity firm Thoma Bravo, has signed a definitive agreement to acquire Varonis Systems, the Nasdaq-listed data security specialist, in an all-cash deal valued at about $6.3 billion. Varonis shareholders will receive $49.75 per share. That is a 52% premium to the stock’s close […]
Labcorp to Buy Select BioReference Health Assets from OPKO for Up to $872 Million
What happened Labcorp and OPKO Health have agreed that Labcorp will acquire select assets of BioReference Health, a wholly owned OPKO subsidiary. The companies announced the deal on 15 October 2026. The purchase price is $722 million in cash at closing, subject to an upward or downward adjustment tied to closing business revenues, plus up […]
Saint-Gobain Buys D.S. Brown to Expand Infrastructure Construction Chemicals in North America
What happened On 15 October 2026, Saint-Gobain signed a definitive agreement to acquire D.S. Brown Company, a North American designer and manufacturer of engineered products for bridges, airports and other transportation infrastructure. Based in North Baltimore, Ohio, D.S. Brown makes expansion joint systems, structural bearings, pavement preservation products and waterproofing solutions. It expects annual sales […]
Persistent Secures 94% of Nagarro to Build a $2.9 Billion AI Engineering Group
What happened Persistent Systems, the Pune-based engineering services company, now controls about 94% of Nagarro SE, the Munich-headquartered digital engineering group. Its German bid vehicle, Galaxy Germany Holding SE, published final results of its all-cash voluntary public takeover offer of EUR 81 per Nagarro share after the additional acceptance period expired on 6 October 2026. […]
Aegis Logistics to Buy Tristar for $1.5 Billion to Go Global in Energy Logistics
What happened Agility Global, the Abu Dhabi-listed multi-business owner and investor, said on 13 October 2026 that it has agreed to sell its entire stake in Tristar, its global energy logistics business, to Aegis Logistics, the Indian integrated oil, gas and chemical logistics group. In its own stock exchange filing, Aegis said it is buying […]
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 […]
Galderma to Buy ZO Skin Health for $1.5 Billion to Expand Physician-Dispensed Skincare
What happened Galderma, the Swiss-listed pure-play dermatology group, announced on 14 October 2026 that it has signed an agreement to acquire 100% of ZO Skin Health, the Irvine, California physician-dispensed skincare brand, for an enterprise value of $1.5 billion. The sellers include funds managed by Blackstone Tactical Opportunities and the Obagi family. The deal is […]