Latest Mergers And Acquisitions News

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%.

Cardinal Health has lifted its fiscal 2027 earnings outlook after a strong opening quarter, with revenue reaching US$67.5 billion and non-GAAP diluted EPS rising 28%. The healthcare distributor also completed a US$500 million share repurchase and advanced several strategic initiatives.

Kimberly-Clark delivered stronger adjusted earnings from continuing operations in the third quarter, but organic sales and adjusted operating profit weakened as China disruption, pricing pressure and costs weighed on results. The company reaffirmed its 2026 outlook while beginning life as a larger consumer-health group after completing its Kenvue acquisition.

BD finished fiscal 2026 with higher revenue, adjusted earnings and cash generation, while setting low single-digit growth expectations for the year ahead. Its proposed US$19 billion US investment adds scale to the strategy, but remains tied to milestones and future implementation.

Vistra has completed its acquisition of Cogentrix Energy, adding 10 natural gas facilities and nearly 5,500 megawatts of generation capacity across three major US power markets. The deal carries approximately US$2.2 billion in cash consideration, US$1.7 billion of assumed debt and 5 million newly issued Vistra shares.

Atlantic Lithium has secured court approval to put Huayou’s proposed acquisition to shareholders, setting a 14 December vote on the scheme. The transaction remains conditional, but the process has now moved from regulatory clearance to shareholder decision.

Ingenia Communities has executed the deed that sets the ownership structure for a major joint venture at Peet’s Flagstone City project, satisfying one limb of a condition attached to its proposed Peet acquisition. ACCC clearance and other completion requirements remain outstanding.

AXP Energy received applications for $262,214 in its 1-for-1 entitlement offer, far below the $1.2 million minimum subscription. A separate shortfall offer remains open until 3 February 2027, leaving the final capital raised unresolved.

Peet shareholders have received the scheme booklet for Ingenia’s proposed acquisition, with an independent expert concluding the deal is fair and reasonable. The transaction now moves to a 7 December vote, with implementation targeted for 4 January 2027 if remaining approvals are secured.

The GPT Group has reaffirmed its FY 2026 earnings and distribution guidance after maintaining 97.6% portfolio occupancy in the September quarter. Retail and logistics remained particularly firm, while office leasing improved at Grosvenor Place and a $380 million Brisbane acquisition expanded the group’s value-add partnership.

European Lithium has completed its takeover by Critical Metals Corp, transferring all EUR shares to the US-listed company and issuing eligible holders CRML securities. EUR is now preparing to disappear from the ASX, with the new shares expected to begin trading on Nasdaq on 6 November.