Mergers

DoorDash agreed to acquire Instacart for $65 per share, valuing it at about $17 billion, with closing expected in late 2027 or the first half of 2028.

Occidental is selling its OxyChem chemical division to Berkshire Hathaway for $9.7 billion in cash, in one of the year's biggest energy-chemical deals.

Elon Musk backs a Tesla-SpaceX merger that could create a $3.5 trillion giant spanning AI, robotics, Starlink and space after strong Q3 results.