M&A

• Eversholt Rail, backed by Hong Kong’s CK Infrastructure, is attracting takeover interest from MTR and JPMorgan-owned Beacon Rail, as it eyes a valuation around $5.4 billion. CBNC 

• German shareholders PIN Privatstiftung, SWRW Verwaltungs, and Familiengesellschaft are considering selling their 58% stake in construction equipment maker Wacker Neuson, valued at $1.8 billion. CBNC 

• Brazilian pulp giant Suzano is close to acquiring Kimberly-Clark’s Kleenex and tissue businesses outside North America in a deal worth about $3.5 billion. CBNC 

• L’Oréal is nearing a $1.1 billion acquisition of UK skincare brand Medik8 from private equity firm Inflexion. The Economic Times 

• Blackstone has agreed to acquire UK’s Warehouse REIT for $635.4 million—a 34% premium—even after lowering its offer post due diligence. The Economic Times 

• Private equity firm BayPine will take a majority stake in legal consulting and IT services company Harbor Global, valuing the firm at over $600 million. CNN

• Crete Professionals Alliance, backed by Thrive Capital, plans to invest more than $500 million in building out an AI-driven accounting platform. CNN

• Wrexham AFC, the Welsh football club owned by actors Ryan Reynolds and Rob McElhenney, is exploring a partial stake sale at a $475 million valuation. Bloomberg 

• UK outsourcing group Mitie is in talks to acquire its smaller rival Marlowe, which has a market value of around $390 million. Bloomberg