First Pass

120 stories from 21 sources

The week in Mergers and Acquisitions

Paramount's Warner Bid Moves From Litigation Toward Closing

September 2026

Week’s Recap

Click on a headline to see stories that shaped it.

Threads

Stories that evolved over the week.

8 threads

Defined the week

Paramount Warner Deal Faces Closing Uncertainty

Paramount cleared major state and labor opposition, then shifted toward debt marketing, equity backing and integration preparations. The proposed acquisition still faces court challenges, warrant issuance and uncertainty over its closing timetable.

35 stories, all week
Defined the week

Royal Caribbean Takes Half of Sandals

Royal Caribbean moved from nearing an investment to agreeing on a 50% stake in Sandals. The joint venture expands the cruise operator into land-based, all-inclusive hospitality without requiring full ownership.

8 stories, Sep 22 to 25
Defined the week

MGM Takeover Bid Collapses

Barry Diller withdrew the proposed acquisition of MGM's remaining shares after holding a substantial existing stake. MGM now remains independent, and its shares lost the takeover premium unless another bidder emerges.

5 stories, Sep 23 to 24
Major

Rail Merger Clears Initial Procedural Test

The Surface Transportation Board kept Union Pacific's proposed Norfolk Southern acquisition alive by rejecting motions to dismiss. The application now faces deeper scrutiny over competition, transparency, service and public interest concerns.

1 story, Sep 24
Major

BASF Targets Evonik

BASF approached Evonik at an estimated valuation of about €12 billion. The potential combination would increase chemical capacity and product overlap, making regulatory and investor scrutiny central to its prospects.

1 story, Sep 25
Notable

Lukoil Assets Draw Rival Bidders

A US- and Gulf-backed consortium pursued Todd Boehly's bid for Lukoil's international assets, challenging Carlyle's earlier agreement. The contest turned the sale into both a financial rivalry and a geopolitical test.

2 stories, Sep 22 to 23
Notable

Nubank Weighs Monzo Takeover

Nubank moved from talks with Monzo toward considering a bid that could value the U.K. digital bank at up to £10 billion. The deal would give Nubank an immediate developed-market foothold while testing Monzo's valuation and profitability.

2 stories, Sep 26 to 27
Notable

Revolut Wins Argentine Banking Platform

Revolut secured approval to acquire Banco Cetelem Argentina from BNP Paribas Personal Finance. The transaction gives it a locally licensed banking base while adding capital, compliance and credit exposure in Argentina.

2 stories, Sep 24 to 27

Day’s Recap

Dive deeper into the days that shaped this week