
Blackstone has completed fundraising for its fourth European lending fund. The group reports approximately €13bn in investable capital across multiple lending vehicles, including anticipated leverage, as it expands its European private credit activities.

October’s largest US acquisitions reveal confidence in strategic corporate consolidation. Five major deals illuminate the appeal of established capabilities, private ownership, and energy infrastructure amid selective dealmaking.

October’s UK dealmakers pursued strategic assets despite uneven market confidence. Wittington’s $8.9bn Boots agreement and IFM’s Associated British Ports investment led major transactions, while LSEG acquired Octus, Informa agreed to buy Clarion, and Mobico accepted a take-private offer.

DS Smith has outlined targets for its proposed independent future. Management plans €480m in annualised savings and stronger margins, while parent International Paper continues evaluating potential buyers alongside its planned stock-market separation.

October’s European acquisitions concentrated capital around technology, infrastructure, and consolidation.

Cinven has agreed to acquire London-based women’s health specialist Theramex. The pharmaceutical company operates in more than 80 countries, with treatments covering menopause, osteoporosis, contraception and fertility. Completion is expected during the first half of 2027.

ADP Group has acquired Manchester-based drilling contractor Geotron UK today. The deal brings together specialist teams and equipment serving construction, engineering, and contaminated land projects.

Nuvo has acquired another established East Midlands accountancy advisory practice. The Charnwood deal brings its workforce above 600 while preserving the acquired firm’s name, team, and office.

SOCOTEC has acquired Derby engineering consultancy Inertia and its workforce. The transaction adds 50 employees and specialist bridge inspection expertise to the group’s UK and Ireland operations.

Affected landlords and sole traders face November reporting deadlines soon. The second Making Tax Digital quarterly update is due on 7 November, while year-end tax returns remain separate.