Accounting firm Crowe LLP has agreed to sell a majority stake in the business to private equity firm KKR in a transaction valued at nearly $3bn, marking a significant shift for one of the larger US accounting firms outside the Big Four, according to a report by the Wall Street Journal.

The UK Takeover Panel has pushed back the deadline for a potential £9.4bn ($12.6bn) acquisition of Intertek Group by Swedish private equity firm EQT AB to 18 June, according to a report by Reuters citing a company statement on Thursday.

Ireland-based energy distributor DCC has indicated it would support a revised £5.7bn ($7.63bn) acquisition proposal from a consortium led by KKR & Co Inc and Energy Capital Partners, provided the private equity group proceeds with a formal offer, according to a report by Reuters.

Mega-deal activity is expected to remain a key driver of an accelerating mergers and acquisitions rebound through the second half of 2026, with private equity sponsors continuing to play a central role, according to a report by Bloomberg citing comments from Alex Kelly, a senior executive at Latham & Watkins LLP.

BizLink Holding Inc has agreed to acquire Interplex Datacom from Blackstone Inc in an $850m cash transaction, marking a strategic expansion for the Taiwanese industrial and technology group into advanced connectivity solutions, according to a report by Bloomberg.

Sentinel Capital Partners, a private equity firm that invests in promising mid-market companies, has sold NSI Industries, a manufacturer and supplier of branded electrical products, to Hubbell Incorporated for $3.0bn

Private equity investors Warburg Pincus and KKR are each assessing potential divestments of their UK broadband fibre businesses, in a move that will test continued investor appetite for the country’s challenged “altnet” sector, according to a report by the Financial Times.

Apollo Global Management has led a $35bn initial capital solution for a new AI infrastructure platform developed with Broadcom, in partnership with Blackstone and a syndicate of global banks, in what is being positioned as one of the largest private financings for AI compute capacity to date.