Latest Mergers And Acquisitions News

American Water and Essential Utilities have reached a settlement with all parties in a New Jersey regulatory proceeding over their proposed merger. The agreement still requires approval from the New Jersey Board of Public Utilities, and its substantive terms have not been disclosed in the filing.

Mettler-Toledo delivered 6% third-quarter sales growth and raised its full-year adjusted EPS outlook after a sharp improvement in Asia and Rest of World demand. The company also issued its first 2027 earnings forecast, though tariff refunds complicate the year-to-date comparison.

Marlin Global’s portfolio fell 6.3% in FY2026 while its benchmark gained 30.5%, prompting a tighter risk framework and a broader portfolio. The NZX-listed investment company has started FY2027 more strongly, but the recovery remains early.

Camden Property Trust held its 2026 Core FFO target after a modest third-quarter beat, but lowered its EPS and same-property NOI outlook. The apartment landlord’s reported profit was boosted by a roughly US$1 billion gain from selling its California portfolio.

Macquarie Group delivered a 50% rise in first-half profit to A$2.478 billion, with Commodities and Global Markets providing the standout contribution as market activity accelerated. The result also marks Shemara Wikramanayake’s final day as chief executive, with Greg Ward taking over from 7 November.

PNC has named retail banking chief Alexander Overstrom as its next chief financial officer, with the handover scheduled for March 2027. Current CFO Robert Reilly will remain with the bank as executive vice chairman, preserving senior leadership continuity.

Autosports Group has agreed to acquire Mercedes-Benz Parramatta, Mercedes-Benz Castle Hill and Chery Castle Hill from Grand Motors Group. The deal would extend its luxury dealership footprint across Western Sydney and the Hills District, but still requires ACCC approval and other conditions before targeted completion in February 2027.

Vault Minerals says maximum-cash elections will be scaled back, while maximum-scrip elections will not be affected under the current indicative outcome for its proposed Genesis Minerals takeover. The preliminary allocation amounts to about $539.6 million in cash and 803.3 million new Genesis shares, subject to final changes.

Forrestania Resources has lifted its relevant interest in Zenith Minerals to 64.67% and begun issuing shares to accepting shareholders as its takeover offer enters its final week. The offer is scheduled to close on 12 November, while Edna May dry commissioning continues ahead of targeted first ore processing in December.

Microchip Technology delivered a stronger-than-expected fiscal second quarter, with sales up 42.2% and earnings above its own guidance. The chipmaker expects seasonal softness in the December quarter, but says demand, bookings and design wins remain firm.

Lam Research has approved a US$25 billion share repurchase authorisation alongside a US$0.33 quarterly dividend, giving investors a sizeable new capital-return commitment but no guarantee of when shares will be bought. Shareholders also re-elected the board and rejected a proposal to make special meetings easier to call.

Live Nation delivered a record third quarter as revenue climbed 19% to US$10.1 billion and attendance surged worldwide. International markets supplied most of the growth in fans and ticketing, while the company raised its 2026 attendance expectations and accelerated venue investment.