M&A

 Mergers & Acquisitions News (M&A)

• Paramount Skydance is prepared to divest its film distribution JV with Universal ​Pictures to win EU approval for its $110B ‌acquisition of Warner Bros. Discovery  Yahoo.Finance

• Logistics firm Prologis went hostile with its $16.6B takeover proposal for UK warehouse landlord Segro after management rejected its approach Reuters

• SoftBank is looking to invest in $4.7B-listed Tokyo Electric Power Co. to secure power for AI Bloomberg

• $4B-listed cybersecurity company Varonis Systems is exploring a sale after receiving takeover interest from Blackstone, Thoma Bravo, and Vista Equity Partners Bloomberg

• Qualcomm agreed to acquire AI inference firm Modular for $3.9B in stock  Reuters

• Sony Pictures announced a $100M strategic investment in immersive technology firm Cosm Reuters

• Ryman Hospitality Properties is exploring a sale of its 70% interest in Opry Entertainment Group, which owns venues such as the Grand Ole Opry House and the Ryman Auditorium Bloomberg

• BlackRock's AI Infrastructure Partnership, Brookfield, IFM Investors, KKR, and SoftBank-backed DigitalBridge Group are interested in acquiring Blue Owl-owned STACK Infrastructure's APAC data centers Bloomberg

• Dubai Holding is exploring an investment in Bain Capital-owned data center builder Hscale Bloomberg