Monday, February 9, 2026 at 2:13 PM
Transocean and Valaris have agreed to merge in an all-stock transaction valued at $5.8 billion, creating one of the largest offshore drilling contractors with a combined fleet of 73 rigs and a backlog of $10 billion.
Devon Energy agreed to buy Coterra Energy in a roughly $21.5 billion all-stock deal that would birth one of the largest U.S. oil-and-gas producers as consolidation continues to reshape the industry.
The Australian logistics operator has agreed to support a takeover offer from a consortium led by Macquarie Asset Management that values its equity at $6.51 billion.
The deal marks the latest tie-up in the asset-management industry as firms are racing to build the scale needed to weather relentless fee pressure.
KKR agreed to acquire Arctos Partners, an investor in professional sports franchise stakes, in a deal initially valued at $1.4 billion.
