Latest Mergers And Acquisitions News

Devon Energy delivered US$2.0 billion of adjusted free cash flow in the third quarter and plans to accelerate buybacks after its Eagle Ford sale. The company also raised its merger synergy targets and offered an initial 2027 production and capital outlook.

James Hardie delivered a sharp rebound in second-quarter profitability, with continuing-operations sales up 24% and adjusted EBITDA up 44%. The building products group reaffirmed its FY27 earnings guidance, lifted its free cash flow target above US$650 million and accelerated debt reduction.

Solventum has raised its full-year adjusted earnings forecast after a third quarter shaped by the expected reversal of ERP-related advance orders. The healthcare technology company also completed its major system cutovers and reported strong growth in Advanced Wound Care.

Airbnb delivered a stronger third quarter, with revenue, bookings and profitability all accelerating, while lifting its full-year 2026 outlook and authorising a further US$12 billion share repurchase program. The company is also positioning AI, hotels and travel services as the next leg of growth.

Vivmark Residential delivered higher adjusted operating earnings in its first quarter following the Equity Residential and AvalonBay merger, while merger costs drove a steep GAAP loss. The newly combined landlord raised its annual synergy target to US$135 million and forecast further pressure from California property taxes.

Parker Hannifin delivered record fiscal first-quarter sales, adjusted earnings and margins, then lifted its full-year outlook. The strong operating result arrived alongside a major acquisition that reshaped the balance sheet and increased debt.

Viatris has lifted its 2026 guidance midpoints across revenue, adjusted EBITDA, adjusted EPS and free cash flow after a resilient third quarter. The upgrade comes alongside a US$1.65 billion Pacira acquisition and a costly manufacturing suspension in India.

ConocoPhillips delivered a sharp year-on-year earnings increase in the third quarter, helped by higher realised prices and a tax reserve reversal. The oil producer also raised its quarterly dividend by 11% while production declined and Middle East disruption weighed on volumes.

Zoetis lifted its full-year adjusted earnings outlook after a mixed third quarter, but US companion animal revenue fell 8% amid price sensitivity, competition and generic pressure. The animal health group also reported an 18% drop in GAAP net income and a US$89 million impairment charge.

Global Payments delivered 10% growth in adjusted third-quarter EPS and raised its annual run-rate Worldpay integration synergy target to US$650 million. The company reaffirmed its 2026 outlook, although a wide gap between GAAP and adjusted results keeps integration costs in focus.

Rockwell Automation closed fiscal 2026 with stronger sales, margins, earnings and cash flow, while its software business delivered the fastest growth across the group. The industrial automation company expects further organic growth in fiscal 2027, but its latest numbers also benefited from tariff refunds and an easier comparison with last year’s impairment charges.

DTE Energy plans to sell its non-utility Vantage business for about US$3 billion and redirect the proceeds into a much larger regulated utility investment programme. The shift comes alongside approved Google and Oracle data centre contracts and a long-term operating EPS growth target above 9%.