Omnicom to Acquire Interpublic Group 
Omnicom and The Interpublic Group of Companies, Inc. announced their Boards of Directors have unanimously approved a definitive agreement pursuant to which Omnicom will acquire Interpublic in a stock-for-stock transaction. 
Acquisition   ●   Business Services   ●   North America

Korean Air Buys Majority Stake in Asiana Airlines
Korean Air said it had bought a majority stake in rival Asiana Airlines for $1 billion, making it the effective owner four years after first expressing its takeover intentions. With the acquisition of a 63.88 percent stake, Korean Air said it had invested 1.5 trillion won in the merger, “making Asiana Airlines a subsidiary” of the company.
Acquisition   ●   Transportation   ●   Asia

Novolex and Pactiv Evergreen Inc. to Combine
Novolex and Pactiv Evergreen Inc. announced they have entered into a definitive agreement to combine. Under the terms of the agreement, Novolex will acquire Pactiv Evergreen for $18.00 per share in an all-cash transaction valued at $6.7 billion, inclusive of Pactiv Evergreen’s net debt as of September 30, 2024.
Acquisition   ●   Industrials   ●   North America

Nippon Life to Acquire Resolution Life for $8.2 Billion
Japan’s Nippon Life Insurance has agreed to acquire Bermuda-based Resolution Life Group Holdings for about $8.2 billion, marking its latest multibillion deal as it seeks growth abroad amid a shrinking population at home.
Acquisition   ●   Financial Services  ●   Asia & North America

Additional Announcements

CONSUMER SERVICES
Live Nation Acquires Timeline Management

FINANCIAL SERVICES
SEI Acquires LifeYield
Computershare to Acquire ingage IR Limited

INDUSTRIALS
Xylem Acquires Majority Stake in Idrica

RETAILERS & WHOLESALERS
Upbound Group Enters Definitive Agreement to Acquire Brigit

TELECOMMUNICATIONS
Comcast Business Acquisition of U.S. Managed Services Provider Nitel