Tariffs Test a Fragile Feelgood Factor in M&A: Bloomberg Deals

Hi, it’s Fareed Sahloul in New York, where dealmakers—like the rest of the world—are busy digesting “Liberation Day.” Elsewhere, Siemens strikes one of its biggest ever deals and Wall Street tempers its IPO expectations.

Today’s top stories

• Siemens agrees to buy Insight-backed Dotmatics for $5.1 billion.
• Capital One-Discover deal waved ahead by DOJ.
• Brookfield, CDPQ near $1.4 billion deal for Antylia.
• Italy set to approve UniCredit’s Banco BPM bid within weeks.
• Rimac mulls buying Porsche’s stake in €1 billion JV Bugatti.

Liberation daze

Momentum can be a fragile thing.

Dealmakers finally got their first real feel of it in 2025, thanks to a good number ...