Thursday, October 8, 2026

The Daily Buyout

56 deals · $24.2B announced

Freight brokerage is consolidating: C.H. Robinson is buying rival RXO in a $5.8 billion cash-and-stock deal. Elsewhere, Crescent Energy is paying Devon about $3.85 billion for Eagle Ford acreage, and Viatris is moving deeper into branded drugs with a $1.65 billion bet on non-opioid pain therapies.

Top deal of the day

C.H. Robinson to acquire freight broker RXO for $5.8B

$5.8BStrategic acquisitionTransportation & Logistics

C.H. Robinson agreed to acquire freight broker RXO in a cash-and-stock transaction valued at $5.8 billion. RXO stockholders will receive $17.25 in cash plus 0.0856 C.H. Robinson shares per RXO share, an implied $30.25 per share. The merger agreement was signed on October 5, 2026.

Why it matters: The deal combines two major U.S. freight brokers, consolidating a fragmented logistics middleman market.

Read at C.H. Robinson newsroomFree

$5.8BTake-privateHealthcare & Life Sciences

CD&R and McKesson to take Option Care Health private for $5.8B

Option Care Health agreed to be acquired by private equity firm CD&R and drug distributor McKesson for $32.05 per share in cash. The deal values the home and alternate-site infusion provider at about $5.8 billion. The offer is a roughly 37% premium to Option Care's October 5 closing price.

Read at Yahoo FinanceFree

UndisclosedStrategic acquisitionAerospace & Defense

Forafric signs LOI to buy AL NASR, launching a defense pillar

Nasdaq-listed Forafric Global signed a letter of intent to acquire 100% of AL NASR Industries & Systems, a recently established Moroccan industrial platform focused on defense projects. AL NASR holds minority stakes in two companies developing defense manufacturing plants in Morocco. Financial terms were not disclosed.

Read at Business WireFree

$8.9BStrategic acquisitionConsumer & Retail

Fairfax and the Weston family's Wittington buy Boots for $8.9B

Fairfax Financial is partnering with Wittington Investments, the Weston family's holding company, to acquire Boots' UK and Ireland retail operations, Boots Opticians, the No7 Beauty Company, and Boots' Thailand and franchised businesses. The total purchase price is about $8.9 billion, including assumed debt.

Read at GlobeNewswireFree

$1.7BMinority stakeConsumer & RetailCompleted

ANTA closes $1.7B Puma stake, becoming its largest shareholder

China's ANTA Sports completed its purchase of a 29.06% stake in Puma from Artémis, the Pinault family's investment company, for €1.5055 billion (about $1.7 billion) in cash. ANTA will seek supervisory board representation and says it has no plans to make a takeover offer.

Read at Retail DiveFree

UndisclosedStrategic acquisitionBusiness Services

UK's CMA accepts Brink's remedy for NCR Atleos deal in principle

The UK Competition and Markets Authority accepted in principle Brink's proposal to divest NoteMachine/TestLink UK, avoiding a Phase 2 review of its planned acquisition of NCR Atleos. Brink's is in talks with several prospective buyers and still expects to close early in the first quarter of 2027, with $200 million in annual run-rate cost synergies.

Read at GlobeNewswireFree

$2.43/share offerTake-privateMedia & Telecom

Clear Channel Outdoor gets CFIUS nod for Mubadala Capital buyout

Clear Channel Outdoor received CFIUS clearance for its acquisition by Mubadala Capital, satisfying all regulatory requirements. Shareholders will receive $2.43 per share in cash, and the deal is expected to close on or about October 14, 2026, after which the stock will be delisted from the NYSE.

Read at PR NewswireFree

UndisclosedMergerEnergy & Utilities

Virginia's lieutenant governor opposes NextEra-Dominion merger

Virginia Lt. Gov. Ghazala Hashmi came out against NextEra Energy's all-stock acquisition of Dominion Energy as state regulators began local public hearings. She cited risks from NextEra's many riskier project entities; NextEra said it respectfully disagrees and that Dominion Energy Virginia would remain fully regulated.

Read at Utility DiveFree

$240MStrategic acquisitionFinancial Services

Third Coast to buy Oklahoma's Great Plains for $240M

Houston-based Third Coast Bancshares agreed to acquire Great Plains National Bank's parent in a $240 million all-stock deal. Great Plains has $1.9 billion in assets, $1.7 billion in deposits and 23 branches across Oklahoma and Texas, and will operate as a division of Third Coast Bank.

Read at Banking DiveFree

$1.6BStrategic acquisitionHealthcare & Life Sciences

Viatris to buy Pacira BioSciences for $1.65B in cash

Viatris agreed to acquire Pacira BioSciences for $36.50 per share in cash, an aggregate equity value of $1.65 billion. Pacira sells the non-opioid pain drugs EXPAREL and ZILRETTA and generated about $746 million in revenue and $177 million in adjusted EBITDA over the last twelve months.