M&A

 Mergers & Acquisitions News (M&A)

• Germany's $50B-listed Commerzbank is ready for takeover talks after Italian peer UniCredit secured a 48% stake in a hostile bid Reuters

• French warehouse specialist Argan and Belgian peer WDP will merge in an all-stock deal to form a $14.8B logistics real estate company Reuters

• Payments fintech Stripe is in talks to acquire LLM API startup OpenRouter for potentially $10B; the startup is valued at $1.3B Yahoo.Finance

• Jeff Bezos is in talks to join the consortium of Amit Bhatia, the son-in-law of steel giant ArcelorMittal's founder, to acquire a 30% stake in Liverpool FC from Fenway Sports Groups at a $6B valuation Sky Sport

• Canadian engineering consulting firm WSP Global made an improved $5.4B offer for Dutch peer Arcadis at a 30% premium Reuters

• Bain Capital and LY Corp. are considering making a fresh joint offer for $4.5B-listed Japanese price comparison website Kakaku.com to challenge a tender offer from EQT Yahoo.Finance

• Devon Energy is exploring a sale of its Eagle Ford and Powder River shale assets which could fetch a combined $4B Reuters