Clean Harbors Closes $775M Deals Funded by $600M Notes
Clean Harbors completed $775M acquisitions of EnviroServe and ES&H, financing the transactions via cash and $600M of 6.250% senior notes due 2034.
mergers and acquisitions
Skyworks Completes $22B Qorvo Merger to Form RF Giant
Skyworks Solutions closes its $22B merger with Qorvo, combining RF portfolios with $500M+ in cost synergies, $2B in senior notes, and 63/37 ownership.
onsemi Revises Synaptics Deal to $5.7B All-Cash at $123
onsemi restructured its acquisition of Synaptics into a $5.7B all-cash transaction at $123 per share, backed by a $2.45B Morgan Stanley term loan facility.
Kimberly-Clark Launches $7B Debt Exchange for Kenvue Notes
Kimberly-Clark commenced an exchange offer for up to $7B of Kenvue notes with an early tender premium as it restructures debt for its planned acquisition.
AMD to Acquire World Labs for $8.2B in All-Stock AI Deal
AMD agreed to acquire spatial AI startup World Labs for $8.2 billion in common stock, leveraging its $1T valuation to avoid debt in a high-yield market.
Cognex to Acquire RealSense in $500M Cash Deal for Robotics
Cognex agreed to acquire Intel spin-out RealSense for $500M in cash plus $106.5M in equity and retention, targeting the $1.6B robotic perception market.
Priority Technology Inks $1.6B Buyout With CEO and Searchlight
Priority Technology will be taken private by CEO Thomas Priore and Searchlight Capital in a $1.6B cash deal at $8.05 per share, delisting PRTH from Nasdaq.
BofA Warns Investment Banking Fees to Drop Over 10% in Q3
Bank of America expects Q3 investment banking fees to drop over 10% as dealmaking cools, CEO Brian Moynihan warned, sending BAC shares down 5%.
Leveraged Buyouts Explained: Capital Structure and IRR
How LBOs work: capital structure, the IRR math behind private-equity returns, and the deals that defined the playbook from RJR Nabisco to Electronic Arts.
How M&A Actually Gets Done: LOI to Closing Bell
Every M&A deal follows the same playbook — LOI, due diligence, regulatory clearance, and close. Here’s how each of the seven stages works and where deals fall apart.