First Pass

43 stories from 7 sources

The week in Mergers and Acquisitions

EasyJet Takeover Becomes a Bidding War

July 2026

Week’s Recap

Click on a headline to see stories that shaped it.

Threads

Stories that evolved over the week.

4 threads

Defined the week

EasyJet Becomes a Two-Bidder Takeover Race

EasyJet initially agreed in principle to Castlelake's offer, then backed Apollo's higher £5.7 billion proposal. The shift turned a take-private into a bidding contest shaped by price and execution certainty.

7 stories, Jul 6 to 10
Major

Vertex Pays $10 Billion for Crinetics

Vertex's $10 billion Crinetics acquisition appeared on consecutive days, reinforcing the week's emphasis on large payments for late-stage biotech assets. The deal adds a rare-disease drug to Vertex's portfolio and pipeline.

3 stories, Jul 6 to 7
Major

Beazer Faces Higher Bid and Sale Pressure

Dream Finders raised its hostile offer for Beazer to $32 per share, after which Donerail pressed the board to engage with potential acquirers. The contest shifted from price alone toward whether Beazer would run a genuine sale process.

4 stories, Jul 8 to 9
Major

Paramount-Warner Clears a Closing Delay

Oregon withdrew its court motion to delay the $111 billion Paramount-Warner merger, allowing a possible closing as soon as July 22. The merger still faces continuing state antitrust investigations.

2 stories, Jul 10 to 11

Day’s Recap

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