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Mergers, Acquisitions, and Partnerships news
(page 9)
15 June 2026
Mitsui Chemicals — Developing Dental Materials M&A as a Third Growth Pillar
Acquire Ultradent to build a US dental materials platform, lift L&HC to ¥86bn by FY30 (ROS 17%), and capture whitening growth amid broader specialty-chemicals repositioning.
13 June 2026
Lilly reports Phase 1 results for AJ1-11095, a first‑in‑class type II JAK2 inhibitor
Phase 1 data show 70% SVR35 and TSS50 rates, VAF reductions in 21/23 patients, no dose‑limiting toxicities; expansion and further indications planned.
12 June 2026
Mitsui Chemicals to acquire Ultradent via U.S. holding company
Acquiring Utah-based dental-products maker for $900M; will combine Ultradent with Kulzer, move oral-care HQ to the U.S., and target closing in Sept 2026.
12 June 2026
Sinopec and Inner Mongolia sign comprehensive strategic cooperation agreement
Regional government and state energy group agree to deepen project-level cooperation, align development plans and expand projects including hydrogen, carbon fiber and coal-chemicals.
11 June 2026
Merck Animal Health to acquire TARGAN
Adds high-speed biodevices including vision-based chick gendering and an ocular vaccine spray; deal expected to close in Q3 2026 pending approvals.
11 June 2026
Air Liquide and ArianeGroup renew contracts to support Ariane 6 operations
Secures cryogenic equipment through flight 42 and a renewed propellant and fluids supply to back Ariane 6 industrial ramp-up.
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11 June 2026
Repsol and Masdar partner on €849m, 705 MW Spanish renewables portfolio
Masdar to buy 49.99% stake in a €849m portfolio with 705 MW operational capacity and >565 MW hybridization pipeline; deal expected to close late 2026 pending approvals.
11 June 2026
MOL concludes talks with Serbian government on NIS shareholders' agreement
Includes Pancevo refinery, retail network and E&P assets; supplies 80% of Serbia's fuel needs and has stations in Bosnia, Bulgaria and Romania; seller/authority talks continue.
10 June 2026
Axens licenses Vegan® HEFA to Dragonfly for SAF plants in Caribbean and Africa
Licensing deal covers modular HEFA plants processing used cooking oils, waste animal fats and vegetable oils, with catalysts, equipment and operational support.
10 June 2026
Saipem awarded onshore EPC contract for Uthmaniyah Gas Compression Plant in Saudi Arabia
EPC for Uthmaniyah compression plant to extend field life; ~42-month term; contract share ≈€900m; delivered via Saudi JV under National EPC Champion Program.
10 June 2026
Petrobras acquires 50% of Itaimbezinho exploratory block in Campos Basin
Deal requires CADE and ANP approvals and aligns with the 2026–2030 Business Plan to rebuild reserves via new exploration and partnerships.
10 June 2026
H-Power sells two LC30 fuel cell generators to TAMGO for Saudi trials
Two LC30 units will run hot-weather field trials in Saudi Arabia, then customer trials and GCC demonstrations; TAMGO will act as exclusive regional distributor.
10 June 2026
PETRONAS strengthens partnerships and state participation to sustain upstream value
Transfers operatorship and stakes in several Peninsular Malaysia and Sarawak PSCs to partners; Terengganu’s TI EP to take a non‑operated interest in PM6/12 to build state capability.
10 June 2026
Holcim launches CaptureLab carbon capture test platform
Industrial-scale, plug-and-play test platform in France for validating diverse carbon-capture technologies on real cement emissions.
10 June 2026
PETRONAS and JERA sign 20‑year LNG supply deal extending partnership into 2040s
Up to ~2 MTPA of LNG supplied from 2028 for 20 years, delivered on new low‑emission 174,000‑cbm carriers via a more flexible supply arrangement.
9 June 2026
ProLogium and OPmobility to co-develop solid‑state EV battery modules
Testing of solid‑state cells, module design and aligned test protocols to translate 900 Wh/L cell metrics into OEM‑ready EV modules.
9 June 2026
EIF backs Yield Lab Europe €100m agrifood fund, 30% for Ireland
€25m anchor aims to mobilise €100m for Seed/Series A agrifood tech; 30% earmarked for Ireland. Article 9 SFDR fund with 90% climate/environment target.
9 June 2026
GSK to acquire Nuvalent for $10.6 billion
Includes two late-stage ROS1 and ALK NSCLC inhibitors under FDA review for 2026 decisions, plus a HER2 candidate; expected to be accretive to profit from 2027 and funded by debt and cash.
9 June 2026
Technip Energies, Airbus, Safran and Tereos form Rebound JV to build 160,000 t/y Alcohol‑to‑Jet SAF at Dunkirk
JV to develop a 160,000 t/y Alcohol‑to‑Jet SAF plant at Port of Dunkirk; partners will fund development, run pre‑FEED/FEED and seek FID after permitting, feedstock and offtake agreements.
9 June 2026
PTT Global Chemical positions Map Ta Phut as regional hub for high‑value, low‑carbon businesses with Toray and Mitsubishi
Turning agricultural residues into bio‑based chemicals; trialled at 50,000‑L fermentation scale; pilot‑scale bio muconic and adipic acid targeted by 2028; pathway to 100% bio‑based nylon 6,6 and expanded market access.
8 June 2026
Gas Malaysia, Tokyo Gas and VTTI to develop 6 MTPA FSRU regasification terminal in Yan, Kedah
Offshore FSRU regasification terminal proposed off Pulau Bunting to add an LNG entry point in northern Peninsular Malaysia; capacity up to 6 MTPA and estimated cost RM2–3bn; project advancing toward FID.
8 June 2026
Honeywell reaffirms 2026 guidance and issues Honeywell Technologies outlook
Full-year sales $38.8–39.8B; adjusted EPS $10.35–10.65 and free cash flow $5.3–5.6B. Post-spin Honeywell Technologies sales $19.9–20.2B; adjusted EPS $3.95–4.15.
8 June 2026
Uniper and Ksi Lisims LNG sign LOI for 2 mtpa Canadian LNG supply
LOI outlines a 2 mtpa long-term LNG purchase, with first volumes possible in 2032 from a proposed 12 mtpa BC floating export facility designed for low emissions.
8 June 2026
Meccanoplastica showcases INEOS recycled HDPE at PLAST 2026
Live blow-moulding demo will produce 200ml cosmetic bottles with advanced recycled HDPE; 4L samples use Recycl-IN HDPE with 50% post‑consumer recyclate to support regulatory targets.
8 June 2026
Johnson & Johnson to acquire Firefly Bio for $1 billion to add Firelink DAC platform
Targets KRAS-driven solid tumours with a selective protein degrader; closing expected later this year pending regulatory approvals.
8 June 2026
PETRONAS and Eni form Searah JV to boost regional energy security
50:50 JV combines 19 gas assets across Malaysia and Indonesia, targets 300k→500k boe/d and plans $20bn investment backed by a $6bn credit facility.
8 June 2026
Siemens and Infineon partner to add CoolSiC SiC modules to SENTRON 3QD2 breakers
SiC power modules boost semiconductor circuit breakers for faster, denser, more reliable protection in data centers, factories and battery storage.
8 June 2026
Roche and Nurix partner to co-develop and co-commercialise BTK degrader bexobrutideg
Collaboration targets B‑cell malignancies, immunology and neurology with an oral, brain‑penetrant BTK degrader planned for Phase 3 in summer 2026.
6 June 2026
MOL secures OFAC licence to continue NIS acquisition talks
US licence allows continuation of talks to buy a majority stake in a Serbian oil company until 16 June 2026, enabling finalisation of transaction documentation.
5 June 2026
Honeywell sets June timetable for Aerospace spin-off and 1-for-2 reverse split
Record date June 15; distribution expected June 29 with one new share per two held; new Nasdaq ticker for Aerospace; concurrent 1-for-2 reverse split reduces outstanding and authorized shares.
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