M&A

 Mergers & Acquisitions News (M&A)

• PE firm Advent is exploring a $4B sale of naval defense business Ultra Maritime  SeekingAlpha

• Apollo's sports investment arm Apollo Sports Capital is set to complete its 55% ​acquisition of Spanish soccer club Atletico ⁠Madrid at a $2.9B valuation  Reuters

• Monomoy Capital Partners agreed to acquire car service chain Jiffy Lube and subsidiary Premium Velocity Auto from Shell in a $1.3B deal  Reuters

• OpenAI agreed to acquire AI security startup Promptfoo  CNBC

• Electronics firm Agilent agreed to acquire clinical pathology firm Biocare Medical in a $950M cash deal  Reuters

• Zurich Insurance Group agreed to buy Italian peer Generali's home and auto unit RedClick for $390M cash  Bloomberg

• EQT agreed to buy a 42% stake in UK utility Yorkshire ‌Water's parent firm Kelda and will contribute to the $798M loan Kelda is due to repay  Reuters

• Portugal's soccer league Liga Portugal is weighing a stake sale of its media rights  Bloomberg

• Abu Dhabi's Judan Financial agreed to buy a 50.1% stake in alternative asset manager Alpha Wave Global  Reuters

• Ex-EY exec Jeff Soar will launch UK tax business WTS UK with backing from EQT to take on Big Four  Financial Times

• Fantasy sports firm Underdog acquires derivatives exchange Aristotle Exchange DCM and DCO Bloomberg

• Jito Foundation acquires data and journalism platform SolanaFloor CoinTelegraph