Mergers News Updates

Stellantis NV is focused on executing its business plans in key markets including Italy and isn’t considering a plan to merge with other manufacturers, Chairman John Elkann said.

Forward Air on Jan. 25 announced the completion of its long-pending acquisition of Omni Logistics, with both companies’ leaders touting the benefits of the merger.

Forward Air Corp. and Omni Logistics have settled litigation surrounding a planned merger that allows a deal to proceed under amended terms, the companies announced Jan. 22.

The trucking acquisition market is looking to enter a more active year with market conditions likely to drive buyers and sellers to the table in 2024, according to the Tenney Group.

Antitrust agencies have finalized an overhaul of rules the government uses to determine whether deals violate competition law to extend a crackdown on illegal mergers and acquisitions.

Kroger Co. and Albertsons Cos. are bracing for a Federal Trade Commission lawsuit over their $24.6 billion tie-up as soon as January as opposition builds against the supermarket megadeal.

After a drop in merger and acquisition activity, analysts believe the market has turned a corner. Driven by uncertain economic conditions earlier this year, M&A has now started a rebound.

The trucking merger and acquisition market is showing early signs of a rebound after a slowdown this year caused by uncertain freight and financial conditions.

TFI International Inc. acquired tank transport specialist Vedder Transportation Group, the company said, in what was its ninth acquisition so far in 2023.

The proposed merger of food retail giants Kroger and Albertsons has elicited criticism from seven secretaries of state.