Market Pulse · Strategy & Portfolio
M&A and divestitures
Every S&P 500 company that raised M&A and divestitures in its filings, earnings calls, press releases or news coverage over the last 7 days — grouped by the canonical driver, so the same subject lines up across companies whatever each called it.
29 companies · 40 events · 11 positive · 1 negative · 5 mixed · 12 no estimate (counted in companies, so the parts add up)
Companies raising M&A and divestitures
- VRTX — Acquisition / Partnership / DivestitureImportance 71 · Surprise 60VERTEX PHARMACEUTICALS INC / MA · News · 2026-10-01Vertex Pharmaceuticals agreed to acquire Crinetics Pharmaceuticals for an estimated $8.8 billion, with the transaction described in the headline as a roughly $10 billion deal. The acquisition was one of the largest…
- SPGI — Acquisitions and DivestituresImportance 71 · Surprise 60S&P Global Inc. · News · 2026-10-01S&P Global acquired With Intelligence for $1.8 billion under CEO Martina Cheung’s leadership. The transaction expands S&P Global’s private-markets data capabilities. Cheung is also pursuing collaborations to…
- CRM — Listen Labs AcquisitionImportance 71 · Surprise 60Salesforce, Inc. · News · 2026-10-01 · 2 eventsSalesforce signed a definitive agreement to acquire Listen Labs, an AI customer research startup, in a reported $2 billion transaction. Listen Labs develops AI agents for customer research, interviews, analysis, and…
- COP — Acquisition / Partnership / DivestitureImportance 71 · Surprise 60CONOCOPHILLIPS · News · 2026-10-01 · 2 eventsConocoPhillips completed its acquisition of Marathon Oil Corporation for $22.5 billion in November 2024. The transaction ended Marathon Oil's status as an independent public company. ConocoPhillips integrated Marathon…
- AMD — Acquisition / Partnership / DivestitureImportance 71 · Surprise 60ADVANCED MICRO DEVICES INC · News · 2026-10-01 · 2 eventsAMD agreed on September 28 to acquire World Labs for approximately $8.2 billion in stock. The transaction is intended to expand AMD’s capabilities in spatial intelligence, robotics, physical AI, and rack-scale…
- ADI — Acquisition / Partnership / DivestitureImportance 71 · Surprise 60ANALOG DEVICES INC · News · 2026-10-01Analog Devices agreed to acquire Alif Semiconductor for $1.35 billion in an all-cash transaction. The deal includes potential contingent consideration of up to $200 million, bringing maximum consideration to $1.55…
- NEE — Dominion Energy MergerImportance 71 · Surprise 60NEXTERA ENERGY INC · News · 2026-09-30 · 2 eventsNextEra Energy’s proposed combination with Dominion Energy is valued at $67 billion and is expected to close in the second half of 2027. NextEra reiterated that the transaction is expected to be accretive to adjusted…
- MRK — Acquisition / Partnership / DivestitureImportance 71 · Surprise 60Merck & Co., Inc. · News · 2026-09-30 · 2 eventsMerck completed its acquisition of Prometheus Biosciences in June 2023 for $10.8 billion. The transaction valued Prometheus at $200 per share, representing a 75% premium to its unaffected closing price. Prometheus…
- GE — Acquisition / Partnership / DivestitureImportance 71 · Surprise 60GENERAL ELECTRIC CO · News · 2026-09-30GE Aerospace agreed to acquire Consolidated Precision Products for $11.75 billion. The transaction is expected to close in the second half of 2027, subject to regulatory approvals. The deal is financially material…
- DHR — Masimo AcquisitionImportance 71 · Surprise 60DANAHER CORP /DE/ · News · 2026-09-30Danaher completed its $9.9 billion acquisition of Masimo in June 2026. Masimo is now a Danaher company and received the 2026 Octane High Tech Awards’ “Deal of the Year” recognition for the transaction. Masimo’s…
- INTU — Customer Acquisition StrategyImportance 61 · Surprise 76INTUIT INC. · News · 2026-09-30 · 3 eventsIntuit is shifting its fiscal 2027 strategy from pricing and upgrades toward acquiring more QuickBooks and TurboTax customers. The strategy includes sharper pricing, broader distribution, and artificial-intelligence…
- ICE — Acquisition / Partnership / DivestitureImportance 61 · Surprise 60Intercontinental Exchange, Inc. · News · 2026-09-30 · 2 eventsICE plans to acquire MarketAxess for approximately $5.7 billion in cash, offering $167.00 per MarketAxess share. The transaction would add more than 2,100 institutional firms and expand ICE’s fixed-income and data…
- SBUX — Acquisition / Partnership / DivestitureImportance 59 · Surprise 60STARBUCKS CORP · News · 2026-09-30A DFI Retail Group unit agreed to assume Maxim's Caterers' existing interests in the Starbucks-licensed business for $340 million in cash. The business operates more than 1,100 Starbucks coffeehouses across seven Asian…
- PG — Thorne Acquisition and Portfolio StrategyImportance 59 · Surprise 60PROCTER & GAMBLE Co · News · 2026-09-29 · 2 eventsP&G acquired supplement brand Thorne for $3.8 billion, an amount exceeding the company’s materiality threshold. The acquisition adds a consumer-health and supplements platform to P&G’s portfolio. Thorne’s…
- MS — Acquisition Financing MandateImportance 58 · Surprise 42MORGAN STANLEY · News · 2026-10-01Morgan Stanley committed to provide up to $2.45 billion in senior secured term loans for onsemi’s acquisition of Synaptics. The amended transaction offers Synaptics shareholders $123 per share in cash following a…
- UNP — Acquisition / Partnership / DivestitureImportance 58 · Surprise 42UNION PACIFIC CORP · News · 2026-09-30 · 2 eventsThe Surface Transportation Board unanimously denied requests to dismiss Union Pacific and Norfolk Southern’s revised merger application, allowing the regulatory review to continue. The proposed transaction would…
- UBER — Delivery Hero AcquisitionImportance 53 · Surprise 60Uber Technologies, Inc · News · 2026-09-29The Delivery Hero acquisition was described as accretive, with Uber paying approximately 8x estimated 2027 EBITDA for profitable assets. The transaction is expected to strengthen Uber’s cross-platform capabilities and…
- JNJ — Portfolio Reshaping (M&A / Divestiture)Importance 52 · Surprise 42JOHNSON & JOHNSON · News · 2026-09-29Johnson & Johnson is reportedly in discussions to sell its orthopedics unit to Apollo Global Management. The reported transaction value is nearly $20 billion. A divestiture would represent a major portfolio reshaping…
- SCHW — Acquisition / Partnership / DivestitureImportance 47 · Surprise 60SCHWAB CHARLES CORP · News · 2026-09-30Charles Schwab is expanding its brokerage platform through the acquisition of Forge Global, according to third-party reporting dated September 30, 2026. The transaction gives Schwab access to private-market and pre-IPO…
- CAT — Acquisition / Partnership / DivestitureImportance 47 · Surprise 60CATERPILLAR INC · News · 2026-09-30Caterpillar agreed to acquire John Fabick Tractor Co., also known as Fabick Cat, a heavy-equipment dealership based in Fenton, Missouri. The transaction would expand Caterpillar’s direct sales and service presence…
- BX — Acquisition / Partnership / DivestitureImportance 46 · Surprise 42Blackstone Inc. · News · 2026-10-01Blackstone is investing $1 billion to launch Falcata, a defense-technology company focused on interceptor systems. Falcata combines Technology Service Corp. (TSC) and Applied Systems Engineering, Inc. (ASEI), two…
- HON — Aerospace Spin-OffImportance 44 · Surprise 60HONEYWELL INTERNATIONAL INC · News · 2026-10-01 · 2 eventsThird-party reporting states that Honeywell International recently separated into three independent companies: Solstice Advanced Materials, Honeywell Technologies, and Honeywell Aerospace. Honeywell Aerospace was…
- MDT — Acquisition / Partnership / DivestitureImportance 40 · Surprise 42Medtronic plc · News · 2026-09-29Medtronic announced a roughly $700 million robotics partnership with Cornerstone Robotics. The agreement will distribute Cornerstone’s Sentire surgical system in selected markets outside the United States. The…
- ABBV — Acquisition / Partnership / DivestitureImportance 34 · Surprise 42AbbVie Inc. · News · 2026-10-01AbbVie participated in a concurrent private placement for ADARx Pharmaceuticals alongside ADARx’s initial public offering. ADARx raised approximately $513.2 million in gross IPO proceeds after selling 30,187,500…
- TMUS — Acquisition / Partnership / DivestitureImportance 31 · Surprise 42T-Mobile US, Inc. · News · 2026-10-01T-Mobile US, Verizon Communications, and AT&T formed a joint venture on October 1, 2026, to address wireless coverage gaps in the United States. The initiative is intended to eliminate “dead zones” and improve…
- CSCO — Acquisition / Partnership / DivestitureImportance 31 · Surprise 42CISCO SYSTEMS, INC. · News · 2026-10-01Cisco and S-net System formed a Business Transformation Strategic Partnership to jointly build AI lifecycle services. The partners plan to invest in technology, sales, marketing, and operations across five areas,…
- PANW — Acquisition / Partnership / DivestitureImportance 31 · Surprise 42Palo Alto Networks Inc · News · 2026-09-30Palo Alto Networks acquired Console, an AI-native platform, to strengthen AI-driven threat detection and automated response within its Cortex security suite. The transaction supports the company’s platformization…
- SYK — Acquisition / Partnership / DivestitureImportance 31 · Surprise 42STRYKER CORP · News · 2026-09-29Stryker agreed to acquire ZuriMED and add its FiberLocker System to Stryker’s shoulder portfolio. FiberLocker is a soft-tissue augmentation technology intended to increase biomechanical strength during rotator cuff…
- GS — Acquisitions and DivestituresImportance 28 · Surprise 42GOLDMAN SACHS GROUP INC · News · 2026-09-30Cohen & Steers Income Opportunities REIT and Sterling Organization acquired Grand Canyon Crossing, a 303,000-square-foot Phoenix shopping center previously owned by Goldman Sachs Asset Management. The property is 99%…