Topic
acquisition
Business Yum! Brands to Sell Pizza Hut Chain for $2.7 Billion in Two-Part Deal
Yum! Brands announced the sale of its struggling Pizza Hut chain for $2.7bn. Private equity firm LongRange Capital will acquire the brand outside mainland China for $1.5bn, while Yum China Holdings will buy the mainland China operations for $1.2bn. The transactions are expected to close in the third quarter of 2026, subject to regulatory approvals, as Yum! Brands focuses on its remaining core brands KFC and Taco Bell.
Logistics CMA CGM Moves to Acquire Aircraft Maintenance Specialist Crystal Aero Solutions
CMA CGM has signed a preliminary agreement to acquire Crystal Aero Solutions, a French aircraft maintenance company that supports its freighter fleet. The acquisition aims to strengthen CMA CGM's air cargo operations, with Crystal continuing as an independent provider. Financial terms were not disclosed.
Technology Spacex Acquires AI Coding Startup Cursor For $60bn Days After Bumper IPO
Elon Musk's SpaceX agreed to buy AI coding startup Cursor for $60bn days after Cursor's IPO. The deal, announced in April as an option, will close by September. Cursor's technology automates code generation and is used by Stripe, Adobe, and Nvidia. SpaceX aims to combine Cursor's product with its Colossus supercomputer to build leading AI models.
Business Historic Cammell Laird Name Set to Disappear After Balaena Takeover of APCL Group
Balaena's acquisition of APCL Group will see the historic Cammell Laird shipyard renamed Balaena Birkenhead, ending a nearly 200-year-old brand. The deal merges five shipyards and 12 dry docks across the UK and Gibraltar.
Business Salesforce Acquires Customer Service AI Firm Fin for $3.6 Billion
Salesforce announced a $3.6 billion acquisition of Fin, the AI-first customer service company formerly known as Intercom. The deal adds Fin's proprietary Apex model and AI agents that resolve 76% of customer queries, complementing Salesforce's Agentforce platform which generates $1.2 billion in annual recurring revenue. The transaction is subject to regulatory approval and expected to close by Q4 2026.
Logistics Enstructure to Acquire LOGISTEC Marine Terminal Business, Creating Larger North American Platform
Enstructure has agreed to acquire all marine terminal operations of LOGISTEC, including Gulf Stream Marine and LOGISTEC Direct brands. The combined entity will operate across Canada and the US, serving major trade corridors with a network of terminals and logistics assets. Financial terms were not disclosed.
Logistics LRT Group Acquires F2F Transport, Plans Fleet Expansion and Uninterrupted Service
LRT Group, a Fort Payne, Ala.-based transportation holding company, has acquired Chattanooga-based F2F Transport. The acquisition will add F2F to LRT's portfolio, with operations continuing without interruption. Owner-operators in F2F's network will gain increased access to dedicated freight opportunities. LRT Group plans to expand the F2F Transport fleet as part of its long-term growth strategy.
Business Union Pacific CEO Jim Vena rejects potential government investment in $85B Norfolk Southern merger
Union Pacific CEO Jim Vena dismissed the possibility of government investment in the railroad's $85B merger with Norfolk Southern, stating UP can handle the price alone. President Trump had suggested government equity stakes in essential companies. Vena views Trump's interest positively but had no direct communication. The US has invested $21B in 16 deals since January 2025.
Business Fox to Acquire Roku for $22 Billion, Aiming to Create Third-Largest US TV Player
Fox Corporation announced it will acquire streaming platform Roku for about $22 billion, or $160 per share. Subject to regulatory approval, the deal would combine Fox's live content portfolio with Roku's streaming ecosystem to create the third-largest player in US television.
Logistics Varamar Enters Ship Ownership with Four-Vessel Acquisition, Marks Strategic Shift
Antwerp-based multipurpose and breakbulk operator Varamar has acquired four 5,200 dwt vessels, marking its first entry into ship ownership. The vessels will be integrated into its commercial network by early 2027, giving the company greater flexibility and reducing reliance on the volatile charter market. The move comes amid constrained modern MPP tonnage and lagging replacement orders.
Business Germany’s security tech Giesecke+Devrient bets Rs 1,100cr on India, eyes acquisition
Giesecke+Devrient (G+D), the German security technology group, is investing Rs 1,100 crore in India in 2026, targeting digital infrastructure and localisation. The company is also looking at acquisition opportunities in fintech and digital security, as CEO Ralf Wintergerst highlights the 'cash paradox' where digital payments grow but cash remains resilient.
Business DoJ Clears Paramount Skydance-Warner Bros. Merger, Expanding Ellison Media Empir
The US Department of Justice approved the acquisition of Warner Bros. Discovery by Paramount Skydance, a deal backed by $45.7 billion in equity from Oracle co-founder Larry Ellison. The merger places Paramount Skydance CEO David Ellison in control of historic studios, HBO, CNN, and Warner Bros. Games, while drawing scrutiny from state attorneys general and European regulators.
Technology OpenAI Acquires Ona to Supercharge Codex with Persistent AI Agent Infrastructure
OpenAI announces plans to acquire startup Ona, whose agentic AI infrastructure provides secure, persistent environments for long-running tasks. The deal will integrate Ona into the Codex team, which has grown to five million weekly users. Ona has seen a 13x increase in weekly sessions this year.
Business Balaena Expands UK Shipbuilding with APCL Acquisition
Balaena has acquired APCL Group, enhancing its shipbuilding and repair capabilities in the UK. This strategic move consolidates key shipyards and supports future maritime investments.
Technology Warner Music Acquires Sureel AI for Enhanced IP Control
Warner Music Group has acquired Sureel AI, a startup specializing in AI attribution technology. This acquisition aims to strengthen Warner's ability to track and monetize the use of its artists' work in AI-generated content.
Logistics PV Drilling Expands Fleet with New Jackup Rig Acquisition
Petrovietnam Drilling and Well Service Corporation (PV Drilling) has expanded its fleet with the acquisition of a new jackup drilling rig, increasing its total to eight. The rig, named PV Drilling X, will be transported to Vietnam for upgrades and is expected to enter service in 2027.
Logistics Keyfield Expands Offshore Fleet with New AHTS Vessel
Keyfield International has acquired a 2014-built AHTS vessel for $7.35 million to expand its offshore fleet. The vessel, to be renamed Keyfield Joyful, will undergo upgrades and is expected to be deployed in late 2026.
Business AI and Automation Transforming Global Supply Chains
Artificial Intelligence and automation are revolutionizing global supply chains by reducing costs, improving efficiency, and minimizing errors. This article explores the technology stack, competitive landscape, and real-world applications.
Logistics AD Ports Expands into Brazil with $835m Agri-Bulk Acquisition
AD Ports Group has made its largest acquisition by purchasing Brazilian agri-bulk terminal operator CLI for $835 million. This strategic move marks AD Ports' entry into the South American market, enhancing its agrifoods business and establishing new trade links.
Logistics MSC Acquires Majority Stake in Pivdennyi Terminal
Mediterranean Shipping Co (MSC) has reportedly acquired a 51% stake in the Transinvestservice Container Terminal in Pivdennyi, Ukraine. This acquisition marks MSC's second terminal asset in the country, potentially revitalizing operations at the port.
Logistics Open Road Ventures Acquires 3PL Double-Stack
Open Road Ventures has acquired Double-Stack Logistics, an intermodal 3PL with a fleet of over 150 containers. This acquisition aims to expand Double-Stack's service offerings and North American presence.
Logistics Atlas Air Expands with Air Atlanta Stake and Aircraft Purchase
Atlas Air is set to acquire a 49% stake in Air Atlanta, enhancing its freighter capacity amid global demand. This strategic move involves purchasing Air Atlanta's aircraft fleet, which will be leased back to Air Atlanta.