Wednesday, November 4, 2026
DoorDash agreed on Thursday 29 October to buy Instacart for $65 a share, about $17 billion in equity value, mostly in cash. The companies expect to close at the end of 2027 or in the first half of 2028, after U.S., Canadian and Israeli competition reviews. Instacart's shareholders have not yet voted.
Cleanaway Waste Management said on Monday 19 October, Sydney time, that it has signed a binding scheme implementation deed under which an EQT Infrastructure vehicle will buy all its shares for A$3.095 each in cash, implying an enterprise value of about A$9.3 billion. The board recommends the deal subject to an independent expert's report. Shareholders vote before the end of February 2027, and FIRB and ACCC clearance are still needed.
Tradeweb Markets said on Monday 19 October that it will buy Trumid Holdings, an electronic corporate-bond trading platform, for about $1.97 billion: $1.75 billion for the business and about $220 million for tax assets. About $1.89 billion is cash. Closing is targeted for the first half of 2027 and needs regulatory approvals.
Salesforce said on Tuesday 20 October that it has signed a definitive agreement to buy Braze for $47.50 in cash per Class A share, an enterprise value of about $5.66 billion. Closing is expected in Salesforce's fiscal 2028 and needs a Braze shareholder vote and regulatory approvals.
Proofpoint, a Thoma Bravo portfolio company, agreed on Thursday 15 October to buy Varonis Systems for $49.75 a share in cash, a deal valued at about $6.3 billion. Varonis would owe a $211.7 million termination fee in some cases; Proofpoint would owe $423.3 million in others. Closing is expected in the first half of 2027 and needs a Varonis shareholder vote and regulatory approvals.
AT&T said on Tuesday 13 October that it will sell AT&T Mexico to a consortium owned equally by Grupo Televisa and Fintech Holdings for $2 billion in cash at closing, subject to adjustments. A Televisa filing shows the buyers plan to borrow up to $1.4 billion and that Televisa will put in $400 million. Closing is expected in the first quarter of 2027, subject to Mexican regulatory approvals.
CCC Intelligent Solutions said on Thursday 15 October that a consortium led by GTCR and including Elliott Investment Management will buy it for $7.75 a share in cash, an enterprise value of about $6.1 billion. The price is about 44 per cent above the 9 July close. The deal needs a stockholder vote and antitrust clearance and is expected to close in the first quarter of 2027.
Penske Automotive Group said on Thursday 15 October that it will be acquired by Penske Corporation and Japan's Mitsui & Co. for $212.00 a share in cash, an enterprise value of about $16.3 billion. The price is 8.84 per cent above Wednesday's close and $2 above the $210 the buyers proposed in July. The deal needs regulatory approval and two shareholder votes, and is expected to close in the first quarter of 2027.
Labcorp said on Thursday 15 October that it will buy select assets of BioReference Health from OPKO Health for $722 million in cash at closing, plus up to $150 million tied to revenue from the 4Kscore prostate test. Labcorp expects the businesses to bring in about $250 million in revenue in the first year after closing. The deal needs regulatory approval and has no stated closing date.
Agility Global said on 13 October that it will sell its entire stake in Tristar, a fuel logistics business, to India's Aegis Logistics at an enterprise value of $1.5 billion and an equity value of $882 million, about 6.0 times 2025 EBITDA. Closing is expected before the end of March 2027, subject to regulatory approvals. Agility has not said how much of that it receives.
Bumble said on Tuesday 13 October that it will be acquired by Ithaca Holdings for $6.05 a share in cash, a deal it values at $1.3 billion. The price is about 138 per cent above the stock's close on 9 October. Affiliates of Blackstone and founder Whitney Wolfe Herd approved the deal by written consent after it was signed, so public shareholders will not vote; regulatory approvals are still required.