3M has partnered with Bain Capital to acquire Madison Fire & Rescue for $1.95bn. As part of the transaction, 3M will contribute its Scott Safety breathing apparatus division to a newly formed fire and safety platform and receive $700m in cash upon completion, according to a report by Bloomberg.

JPMorgan Chase is leading the sale of a $2bn leveraged loan package tied to the planned acquisition of Janus Henderson Group Plc by hedge fund Trian Fund Management and General Catalyst, according to a report by Bloomberg.

KKR has struck a $310m deal to scale Allfleet’s electric bus operations in India, marking its first Global Climate Transition investment in the country. The transaction, is expected to close in mid-2026 pending regulatory approvals.

A planned $5.3bn debt issuance by Qualtrics International Inc has been put on hold by a group of banks led by JPMorgan Chase & Co, after early investor interest failed to materialise amid concerns over the company’s exposure to the software sector, according to a report by Bloomberg.

OpenAI is in advanced talks to form a joint venture with a group of private equity firms aimed at accelerating the adoption of its artificial intelligence software among enterprise clients, according to a report by Bloomberg.

US private investment firm L Catterton is planning to deploy around JPY50bn ($313m) over the next three years across five Japanese consumer businesses, according to a report by Bloomberg citing comments from Japan head Toshitaka Shimizu.

Apollo Global Management is in advanced discussions to acquire a significant minority stake in Syntegon, the German packaging machinery manufacturer owned by CVC Capital Partners, according to a report by Bloomberg citing unnamed sources familiar with the matter.