#M&A

Japanese AC giant Daikin Industries acquires two US tech companies in 2025, entering the competitive AI data center cooling market to address growing power and water constraints.

Pakistan stockbroker Arif Habib Consortium has won the bid to acquire a 75% stake in Pakistan International Airlines for $412 million. The sale is a key part of the country's $7 billion IMF loan program and a litmus test for further privatizations.

Japan's SMFG is partnering with Bain Capital and Muzinich & Co. on a $3.5 billion fund to finance European M&A deals, capitalizing on financial leeway from higher domestic interest rates.

Samsung's Harman is acquiring ZF's ADAS division for an estimated $1.76 billion, a strategic move to combine digital cockpit tech with advanced driver-assistance systems and become a key player in the future of automotive technology.

The U.S. Department of Justice has sued to block JetBlue's $3.8 billion takeover of Spirit Airlines, citing concerns over higher fares and reduced competition.

Mitsui Sumitomo Insurance (MSI) is acquiring W. R. Berkley's reinsurance unit for $1.5 billion. The deal is a strategic move to expand MSI's international business and diversify away from Japan's natural catastrophe risks.

Alphabet is acquiring clean energy developer Intersect Power for $4.75 billion to build its own power supply for AI data centers, a move to bypass strained local energy grids amid surging demand.

Paramount Skydance has submitted a revised all-cash offer for Warner Bros. Discovery, now including a $40.4 billion 'irrevocable personal guarantee' from Oracle's Larry Ellison to counter a rival bid from Netflix.

Blackstone strikes Japan's largest logistics property deal of 2025, acquiring a central Tokyo hub from Nippon Express for over $630 million. The move highlights intense demand for urban distribution centers amid a labor crunch.

Google parent Alphabet is acquiring data center and energy firm Intersect for $4.75 billion. The move aims to accelerate infrastructure build-out to keep pace in the competitive AI landscape.

Coinbase is acquiring The Clearing Company to grow its new prediction markets platform. The move is part of the crypto exchange's strategy to become an 'Everything Exchange,' as the prediction market sector tops $4B in weekly volume.

iRobot, the maker of the Roomba, has filed for bankruptcy. We analyze the causes of its downfall, including the blocked Amazon acquisition and intense competition, and what it means for the US hardware industry.