Mitsubishi Electric has agreed to buy the remaining shares of Polish rail-electronics manufacturer MEDCOM through its European subsidiary. The deal would convert a relationship dating from 2016 into full ownership, but it still requires regulatory approvals and neither the price nor Mitsubishi’s current stake was disclosed.
The Circle K owner offered PLN32 per share for Poland’s leading convenience chain, with 57% of the equity already committed, $250 million of projected synergies and regulatory approvals still outstanding.
The formal process could value the U.K. upstream portfolio near $2 billion, but ageing assets, decommissioning liabilities, high operating costs and policy uncertainty will shape the bids.
Expiry of the Hart-Scott-Rodino waiting periods removes the U.S. antitrust condition for the merger of equals, while approvals in other jurisdictions still stand between the companies and the creation of Saipem7.
MOL will acquire BG Cyprus and its 35% non-operated interest in the Eastern Mediterranean field, with completion expected in 2027 and part of the price linked to milestones.
India’s state-backed minerals company holds exploration and exclusivity rights over five lithium-brine blocks covering 15,703 hectares in Catamarca, but drilling must still establish whether a commercially viable resource exists.
The logistics group says national regulators cannot effectively unwind Vanderlande’s completed purchase of Siemens’ airport unit and asks the EU General Court to annul the Commission’s rejection.
The Justice Department may initially request fewer records in selected transactions and seek more only if needed, aiming to shorten review without changing the legal test for competitive harm.
The regenerative-medicine group completed its combination with Relativity Acquisition Corp.; BIOT shares and BIOTW warrants were scheduled to begin trading on July 24.
Dassault Systèmes confirmed its 2026 outlook after second-quarter revenue growth and announced a $1.8 billion cash acquisition of U.S. life-sciences software company ArisGlobal, with a further contingent payment tied to AI revenue targets. The deal strengthens a pressured life-sciences segment.
The European Commission approved the $55 billion acquisition of Electronic Arts by an investor group including Saudi Arabia's Public Investment Fund under EU merger rules, concluding that the transaction does not raise competition concerns. A separate review under the Foreign Subsidies Regulation remains pending, with a decision expected by July 30.
NetApp acquired California-based DataPelago to add GPU-accelerated data processing directly to its storage portfolio. The company said the deal will help enterprises prepare, govern and activate data for AI and analytics without moving it into separate compute clusters.
