M&A

 Mergers & Acquisitions News (M&A)

• Apollo, Blackstone, and KKR are competing to acquire a significant stake in the mammoth LNG Canada project from ‌Shell in a potential $10B-$15B deal Reuters

• UK-listed energy group DCC rejected a $6.7B equity takeover bid from a consortium of Energy Capital Partners and KKR at an 8% premium Financial Times

• Mark Zuckerberg and Tim Cook are among potential suitors for the NFL's Seattle Seahawks, which the estate of late Microsoft co-founder Paul Allen is seeking to sell at a potential $6B valuation Reuters

• Activist hedge fund ADW Capital offered to acquire automotive service rollup Driven Brands for $3B at a 40% premium Wall Street Journal

• Activist Jana Partners is renewing a push for insurance firm Markel Group to divest its VC arm and buyback $2B of stock Bloomberg

• A shell company backed by Donald Trump Jr. and Eric Trump agreed to merge with Kaz Resources, a critical minerals firm that secured $1.6B in USgovernment support to mine tungsten in Kazakhstan Financial Times 

• Crypto miner MARA Holdings will acquire Long Ridge Energy & Power from ‌FTAI Infrastructure for $1.5B including debt Reuters

• Lazard will acquire private capital advisory Campbell Lutyens in a $575M deal Bloomberg

• Sports streaming firm DAZN agreed to buy technology company ViewLift for $100M Wall Street Journal

• Belgium is in talks to acquire the Belgian nuclear operations of French utility Engie Reuters