ALLFG.AS▲
Germany's $125 Billion Deal Boom Puts M&A Back in Focus
Germany is experiencing a surge in dealmaking, with $125 billion of announced transactions involving German companies in the first half of the year, potentially the third-highest tally in two decades. Volkswagen has agreed to sell a stake in its Everllence marine engine business to Bain Capital for about 7.4 billion. Other major deals include Kone's 29.4 billion takeover of TK Elevator and Deutsche Borse's 5.3 billion acquisition of Allfunds. Further activity may be ahead, with UniCredit pursuing Commerzbank, Uber eyeing Delivery Hero, and Deutsche Telekom discussing a combination with T-Mobile US. Private equity firms are also active, with Triton buying Flender for about 3 billion and Stada reportedly considering a 6 billion acquisition of Cooper Consumer Health.
ALLFG.AS · Capital · Positive Allfunds is being acquired by Deutsche Börse for 5.3 billion, a positive deal for shareholders.
DB1.XETRA · Capital · Positive Deutsche Börse's 5.3 billion acquisition of Allfunds is a major M&A deal that boosts its business.
VOW.XETRA · Capital · Positive Volkswagen agreed to sell a stake in its Everllence marine engine business to Bain Capital for about 7.4 billion.
0II2.LSE · Capital · Positive Kone's €29.4 billion takeover of TK Elevator is a major M&A deal, likely positive for Kone's growth.
CBK.XETRA · Capital · Neutral UniCredit pursuing Commerzbank is mentioned as potential M&A, but no deal is confirmed.
CRIN.XETRA · Capital · Neutral UniCredit is mentioned as pursuing Commerzbank, but no deal is confirmed.