Mergers News Updates

BusinessPrivateTop 100

US Foods Calls for Talks After Performance Food Snubs Merger

鈥淥ur ask of PFG is to simply work together to further understand the merits and opportunities of a potential combination,鈥 US Foods聽CEO Dave Flitman said.

August 7, 2025
BusinessLogistics

CSX Working With Goldman Sachs to Explore Options, Sources Say

CSX is working with Goldman Sachs Group, people familiar with the matter said, as the company explores options to participate in rail consolidation after two major rivals announced a merger.

July 31, 2025
BusinessLogistics

Union Pacific to Buy Norfolk Southern in $85 Billion Deal

Union Pacific agreed to acquire Norfolk Southern, forming a transcontinental rail behemoth in what stands to be the industry鈥檚 largest deal ever.

July 29, 2025
GovernmentBusinessPrivateTop 100

Albertsons Seeks Details on Ex-Kroger CEO鈥檚 Personal Conduct

Albertsons demanded that Kroger provide details on the personal conduct that led the company to replace its CEO, Rodney McMullen, who shepherded the grocers' failed merger.

July 28, 2025
GovernmentBusinessTechnologyLogistics

Union Pacific-Norfolk Southern Merger Could Start Rail Trend

Analysts have speculated that a Union Pacific-Norfolk Southern tie-up could leave the next-biggest companies in the industry 鈥 BNSF and CSX聽鈥 to at least consider their own combinations.

July 25, 2025
Business

Transport M&A Defies Struggling Market So Far in 2025

This year started off with 250 deals during the first quarter, and then 276 deals in the second quarter, despite market conditions.

July 24, 2025
GovernmentBusinessLogistics

Union Pacific and Norfolk Southern Confirm Merger Talks

A merger would create a single U.S railroad with service stretching from the East to the West Coast.

July 24, 2025
BusinessEquipmentFuel

Chevron Cuts 575 Houston Jobs After $53B Hess Takeover

The reductions were handed down on July 18 and take effect Sept. 26, according to a filing with the Texas Workforce Commission on July 23.

July 23, 2025
BusinessLogistics

Union Pacific Said to Be Exploring Deal for Norfolk Southern

Union Pacific is exploring an acquisition of Norfolk Southern, setting up what could rank as the largest railroad deal ever, according to people familiar with the matter.

July 17, 2025
BusinessEquipmentPrivate

Herc Rentals Closes $3.9 Billion Merger With H&E

鈥淭he acquisition of H&E accelerates Herc鈥檚 proven strategy and strengthens our position as a premier rental company in North America,鈥 said Herc CEO Larry Silber.

June 6, 2025