Mergers and Acquisitions

Nvidia’s $40-billion deal for Arm faces UK national-security probe

The U.K. government is starting a national-security review of Nvidia Corp.’s $40 billion deal to buy British chip designer Arm from SoftBank Group Corp. , raising a new hurdle for an industry-reshaping proposal facing significant regulatory scrutiny around the world.

Herman Miller, Knoll $1.8B deal to create furniture leader

Office chair maker Herman Miller Inc said on Monday it would buy peer Knoll Inc for $1.8 billion in a cash-and-stock deal, a move that would help the company expand as offices around the world start bringing their employees back to work.

SoftBank to take 40% stake in Norway’s AutoStore

SoftBank Group Corp. agreed to pay $2.8 billion for a 40% stake in Norwegian warehouse-automation company AutoStore, marking another big bet by the Japanese conglomerate on robot-enabled technology.

After failed takeover, Air Transat seeks help as debt crunch looms

Struggling tour operator Air Transat is in talks with the federal government on aid but may not reach a deal by an April debt deadline, a source close to the situation said, putting pressure on Quebec to ride to the rescue of another troubled aerospace brand in the province.

Microsoft, Discord talk $10B deal

Microsoft Corp. is in advanced talks to acquire messaging platform Discord Inc. for $10 billion or more, according to people familiar with the matter, as the software giant seeks to deepen its consumer offerings.