Bloomberg
• Ryan Gould
A wave of high-profile dealmaking involving SpaceX, Tesla and Anthropic is testing the boundaries of corporate finance, with the personalities behind the companies playing a role as prominent as the scale of the transactions. The available reporting does not specify deal terms or financing structures.
M&A
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A wave of high-profile dealmaking involving SpaceX, Tesla and Anthropic is testing the boundaries of corporate finance, with the personalities behind the companies playing a role as prominent as the scale of the transactions. The available reporting does not specify deal terms or financing structures.
ERA Partners has acquired a majority stake in Grant Aviation, whose fleet includes the Cessna 208B Grand Caravan. The reported ownership change puts a regional aviation operator under new majority ownership; the available reports do not specify the transaction’s value or its implications for Grant’s fleet or operations.
Nathan Johnson said he would closely examine a possible tie-up between Tesla and SpaceX, warning about corporate concentration. The companies, both among Texas’ most valuable, are weighing a merger; Johnson’s comments signal that state-level antitrust review could become a factor in any transaction.
Serco has agreed to buy QinetiQ’s U.S. business for $292 million, adding expertise and customers to its U.S. operations. The deal expands Serco’s military space business and is expected to position the company to generate about $2.4 billion in revenue from U.S. operations.
OHB SE reiterated its opposition to the proposed merger of the space divisions of Airbus, Leonardo and Thales, arguing that it poses an anti-competitive threat. The satellite and rocket hardware provider said it is confident EU regulators will give its concerns a fair hearing.
Gatehouse Satcom plans to acquire Aalborg-based Satlab, which designs and manufactures S- and X-band radios for small satellites. Satlab has delivered radios to more than 100 customers; the companies say the deal will support development of an integrated radio for a 5G non-terrestrial network solution.
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