Tesla and SpaceX have established independent board committees to evaluate a potential multi-trillion-dollar merger to consolidate Elon Musk's corporate empire.

Cleanaway shares dropped more than 4% as the market weighs a $9.4 billion takeover proposal from EQT Infrastructure ahead of an impending exclusivity deadline.

Starbucks has officially denied rumors that it plans to acquire Chipotle Mexican Grill, bringing an end to intense market speculation.

French energy technology and automation giant Schneider Electric has agreed to acquire American industrial software maker PTC in a $22.6bn all-cash transaction.

Schneider Electric is acquiring industrial software maker PTC in a $22.6 billion all-cash transaction, marking the largest deal in the company's history.

Northern Star Resources has unanimously rejected a multibillion-dollar cash-and-share takeover bid from Gold Fields, setting the stage for a major corporate battle.

Utz Brands announced a regular quarterly dividend of about $0.063 per Class A share while facing a definitive acquisition agreement by Intersnack Group.

Poste Italiane is initiating a voluntary public offer to acquire Telecom Italia, seeking to integrate the nation's postal, financial, and connectivity networks.

London equity markets remain cautious as investors balance modest economic growth against geopolitical instability. High-profile merger and acquisition activity is currently the primary driver of index performance.

Eli Lilly will acquire AtaiBeckley for an upfront equity value of approximately $2.8 billion to gain access to therapies for treatment-resistant depression.

PayPal stock rose after reports of a $53 billion takeover offer led by Stripe and Advent International. Analysts are split on whether the bid reflects the company's intrinsic value.

Stripe and private equity firm Advent International have submitted a bid to acquire PayPal for $53 billion. The proposal would result in an equal ownership split.

Stripe and Advent International have submitted a joint proposal to acquire PayPal in a deal valued at more than $53 billion. The offer would keep the company whole, though PayPal has not yet responded to the bid.

Stripe and Advent International have proposed a $53 billion acquisition of PayPal, a move that could significantly alter the global digital payments sector.

EQT is exiting its investment in Nexon Asia Pacific following a growth strategy that included eight strategic acquisitions. The deal marks a transition for the IT services provider as it moves under the ownership of Adamantem Capital.